Fuel Fix

More oil rigs shut down this week

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Categories: Crude oil, featured, Markets
The number of U.S. rigs chasing oil fell to a total of 646 this week, according to a weekly tally by oil service company Baker Hughes.
Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

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In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.

Ruptured Pipeline Spills Oil Along Santa Barbara Coast

Records tally accidents involving Plains All American following oil spill

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A federal database shows enforcement cases against the companies resulted in collection of $154,000 in penalties, for violations including not doing enough to prevent pipeline corrosion, failing to inspect valves frequently enough and not preventing lines from being over-pressured.
Iran's supreme leader, Ayatollah Ali
Khamenei (Bloomberg News/ILNA/document IRAN)

Updated: Exxon lobbyist revises federal disclosure deport on Iran work

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Former U.S. Senator Don Nickles, who runs a Washington lobbying firm, revised a federal disclosure report about work for Exxon Mobil Corp. to say his company was enlisted to monitor legislative activity related to Iran, not to lobby.

Downtown Houston (Bobby L. Warren/Wikimedia Commons)

Houston gains in energy efficiency while other Texas cities lag, according to scorecard

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Just because the Petro Metro is awash with more oil and natural gas than it has been in decades doesn’t mean the city can’t save a few bucks on its energy bill.
Categories: General
(Brett Coomer / Houston Chronicle)

Willbros Group faces investor activism, proposed board shakeup

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Houston-based Willbros opposes a proposal that is gaining momentum to require each of its directors to face annual reelection — instead of the current, staggered three-year terms — amid accusations of mismanagement and cronyism.
This photo provided by the Santa Barbara County Fire Department shows an oil slick from a broken pipeline off the central California coast near Santa Barbara on Tuesday.   (Mike Eliason/Santa Barbara County Fire Department via AP)

Thousands of gallons of oil sopped up from California coast

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Gov. Jerry Brown on Wednesday night declared a state of emergency, a move that frees up additional state funding to help with the cleanup.
(Lucas Schifres/Bloomberg)

Update: Encana well under control, residents still evacuated

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Encana Corp. on this morning said it has regained control of an oil well north of Karnes City in the Eagle Ford Shale. Encana lost control of the gas well on Tuesday afternoon and Karnes County officials evacuated homes nearby. The incident happened near the intersection of FM 792 and County Road 343 about four miles […]
Categories: Accidents, Texas
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Canada oil patch to see massive consolidation, analyst predicts

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Crude oil prices remain about 44 percent lower than in June even after rebounding somewhat from a six-year low in March. The lower prices have led oil-sands producers in Western Canada to reduce spending by billions of dollars and cut thousands of jobs.
Categories: Canada, Crude oil