Fuel Fix

Mohammad Rezaie changes the gas prices at his Union 76 gas station in Oakland, Calif., Friday, Nov. 11, 2011.  The price of oil is flirting with $100 per barrel for the first time since the summer, as fears fade that Europe's debt crisis will spread and trigger another recession. (AP Photo/Paul Sakuma)

Gasoline may rise above $4 as plants shut down

Gasoline prices may rise above $4 a gallon next summer as refineries along the U.S. East Coast close, reducing fuel supply, said Edward Morse, New York-based head of commodities research at Citigroup Global Markets Inc.  More »
(AP Photo/Arktikmorneftegazrazvedka, HO)

Russian oil rig sinking casts doubt on Arctic plan

The sinking of a floating oil rig that left more than 50 crew dead or missing is intensifying fears that Russian companies searching for oil in remote areas are unprepared for emergencies — and could cause a disastrous spill in the pristine waters of the Arctic.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Chesapeake relocates prairie dog family from drill site

A small colony of the critters was living in a vacant field on a proposed natural gas drilling site near the city golf course and an area targeted for economic development known as Old Town.  More »
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(Photo: Houston Chronicle file)

Secret Ms. Santa pays electric bills in Alaska

Michael Lundy was bracing for a bleak Christmas in Juneau after he lost his wallet and $550 that was to have gone toward rent and his utility bill, he said.  More »
Houston's Laura and John Arnold. (Photo: Bill Olive for the Houston Chronicle)

Hedge fund Centaurus fined for violating gas position limits

Centaurus Energy Master Fund LP, a Houston-based energy hedge fund run by former Enron Corp. trader John Arnold, was fined $75,000 by the New York Mercantile Exchange for violating position limits in natural-gas trading.  More »
Natural gas drilling in the Marcellus Shale (Photo: Just Beneath the Surface)

Williams Partners to buy Marcellus lines for $750 million

Williams Partners LP agreed to buy pipelines connected to Pennsylvania and New York natural-gas wells from Delphi Midstream Partners LLC for about $750 million in cash and stock, adding capacity where production is rising.  More »
The blowout preventer stack, right,  and lower marine riser stack, left, from the Deepwater Horizon explosion and oil spill, which was examined as evidence for federal investigations, are seen at the NASA Michaud Assembly facility in New Orleans. (AP Photo/Gerald Herbert)

Cameron asks court to scuttle BP Gulf spill trial plan

Cameron International Corp. asked a federal appeals court to derail the February nonjury trial over which companies should be blamed for the 2010 BP Plc oil spill in the Gulf of Mexico.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.23.11|

Enbridge gets green light on Bakken pipeline. Chevron, Conoco trapped in post-BP crackdown on spills. And a secret Ms. Santa is paying electric bills.  More »
Chad Murray, who works part-time as a hunting guide, has struggled to rebuild his life after surviving the Deepwater Horizon disaster. Murray says he wants to help his former co-workers and families who are still dealing with the aftermath of the accident.  (Photo: Loren Steffy, Houston Chronicle)

A new chapter for rig survivor

Chad Murray was one of the last people off the Deepwater Horizon. He twice fought his way back through the burning, debris-strewn living quarters to help rescue injured co-workers, risking his life to save them from the smoke and flames.  More »
Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra, 340 miles southeast of Baghdad. (AP photo: Nabil al-Jourani)

Iraq oil output has reached a 20-year high

Iraqi crude oil production jumped to the highest level in at least 20 years, or more than 3 million barrels a day, said Hussain al-Shahristani, deputy prime minister for energy affairs.  More »
Anadarko headquarters in  The Woodlands.

Anadarko can limit some evidence in pollution lawsuit

Anadarko Petroleum Corp. (APC) can exclude some evidence from a $15.5 billion pollution lawsuit brought by creditors of Tronox Inc., the chemical maker that says it was driven into bankruptcy after it was saddled with environmental liabilities.  More »
(Photo: Steve Snodgrass/Flickr)

NRC approves new nuclear reactor design

Federal regulators have approved a nuclear reactor designed by Westinghouse Electric Co. that could power the first nuclear plants built from scratch in this country in more than three decades.  More »