Fuel Fix

OPED - Uncle Sam and Enron

Enron case was much bigger than FBI agent first thought

When Mike Anderson launched the FBI’s investigation of Enron’s collapse in early December 2001, he thought assigning a couple of agents to the case would be a good start.  More »
A combination photograph shows British former bankers (L-R) Gary Mulgrew, Giles Darby, and David Bermingham as they leave Bow Street Magistrates Court in London October 15, 2004. A UK judge said on Friday he saw no reason why the three could not face trial in the United States over alleged fraud charges involving Enron executives.  REUTERS/Stephen Hird.

British bankers’ guilty pleas ‘put an end to a nightmare’

David Bermingham was 5,000 miles and 12 months away from home when the Department of Justice made him the offer.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.28.11|

Loren Steffy writes about what we should have learned from Enron. See where Enron executives, traders and other big wigs are now. And Anadarko increases estimates in Mozambique.  More »

Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil rises near $97 a barrel; U.S. fuel prices fall

Oil was up Friday, but was down slightly for the week.  More »
Rice University Professor Douglas Brinkley speaks at a committee hearing about the Arctic National Wildlife Refuge.(Photo: C-SPAN)

Feud continues between Rice professor and congressman

The feud between Alaska Congressman Don Young and prominent historian Douglas Brinkley that started at a House committee hearing last Friday has continued, with Brinkley calling Young a bully and a “low-grade Joseph McCarthy.”  More »
(AP Photo/Reed Saxon)

Airlines cut small jets as fuel prices soar

The little planes that connect America’s small cities to the rest of the world are slowly being phased out.  More »
(Image: Flickr/pawpaw67)

Companies give GOP, regulators, different messages

Large and small companies have told Republican-led congressional committees what the party wants to hear: dire predictions of plant closings and layoffs if the Obama administration succeeds with plans to further curb air and water pollution.  More »
(Photo: Houston Chronicle file)

Houston wants to help residents trim energy waste

Feel a draft around your home’s electrical outlets? If so, you’re wasting energy.  More »
A Libyan man works at a refinery inside the Brega oil complex on Saturday Feb. 26, 2011.  (AP Photo/Hussein Malla)

Libyan official says oil output increasing fast

Libya’s oil production is quickly increasing and now stands at more than 600,000 barrels a day, a prominent Libyan oil expert said.  More »

China launches probe of US renewable energy policy

China’s government announced today a trade probe of whether U.S. support for renewable energy companies improperly hurts foreign suppliers, adding to tensions over an industry seen as an important source of jobs and economic growth.  More »
Almost 40 million Americans will drive more than 50 miles for 2013 Thanksgiving dinner, and their blessings will include lower-priced gasoline. (Photo: Flickr)

How much does that Thanksgiving meal cost?

Approximately 46 million turkeys will be put into the oven or deep fired today for the Thanksgiving Day feast.  More »
An aerial view north of Fort McMurray in Alberta, Canada, where the world's largest oil companies are building massive open pit mines to get at the oil sands.  (AP file photo/Canadian Press, Eamon Mac Mahon)

Oil abundance in Canada provokes anxiety

Rivals Exxon Mobil Corp. (XOM) and China Petroleum & Chemical Corp. (386) each have bought a piece of Syncrude, one of the dozens of companies that are blasting, digging and steaming soil laden with 143 billion barrels of molasseslike crude called bitumen, Bloomberg Markets magazine reports in its January issue. Only Saudi Arabia, with 264 billion barrels, and Venezuela, with 211 billion, enjoy greater proven reserves, a BP Plc energy review found in June.  More »
Dust permeates the air at a Chesapeake Energy Co. hydraulic fracturing operation at a well site near Carrizo Springs, Texas. (John Davenport/San Antonio Express News)

EPA will weigh request to require fracking chemical disclosures

The Environmental Protection Agency said it will weigh rules requiring disclosure of the chemicals used in hydraulic-fracturing fluids.  More »
(Photo: Fotolia)

Oil near $97 amid light Thanksgiving volume

Oil prices rose slightly to near $97 a barrel today in Asia amid light trading volume ahead of a U.S. holiday.  More »
Transocean's Marianas semisubmersible drilling rig. (Photo: Transocean)

Weekly US oil and gas rig count drops by 1

The number of rigs actively exploring for oil and natural gas in the U.S. dropped by one this week to 2,000.  More »