Fuel Fix

Bobby Petty, with the "Veterans for Keystone XL," speaks in support of the proposed 1,700-mile pipeline that would connect Canadian tar sands to Port Arthur refineries. (Photo: Guiseppe Barranco/The Beaumont Enterprise)

GOP embraces showdown over oil pipeline, tax cuts

Sensing a political opening, congressional Republicans are moving toward a high-stakes showdown with President Barack Obama over a plan to link fast-tracked approval of an oil pipeline to a measure renewing a payroll tax cut.  More »
United Arab Emirates  energy minister Mohamed bin Dhaen Al Hamli is surrounded by journalists as he arrives a hotel for a meeting of the Organization of the Petroleum Exporting countries, OPEC, in Vienna, Austria. (AP Photo/Matthias Schrader)

OPEC likely to keep output at present levels

Ministers from the OPEC oil cartel are expected to agree to a common position when they meet Wednesday, in sharp contrast to their last meeting in June which broke up in acrimony.  More »
A massive fire roars through a mostly residential neighborhood in San Bruno, Calif. in Sept. 2010 after a Pacific Gas & Electric Co. pipeline exploded . (AP photo)

House passes bill to toughen pipeline safety

A final compromise to toughen safety rules on the nation’s fuel pipeline network cleared the House Monday, with Senate passage expected to follow shortly.  More »
The mobile offshore drilling unit Development Driller III at the Deepwater Horizon site on May 7, 2010. (U.S. Coast Guard file photo)

Transocean says it doesn’t owe fines for below-surface spill

Transocean Ltd. said it can’t be forced to pay federal fines or penalties for oil spilled below the surface of the Gulf of Mexico in the Deepwater Horizon incident because of an indemnity contract with BP Plc.  More »
Opponents of the proposed Keystone XL pipeline protest the project in front of the White House on Saturday, Aug. 20, 2011. (AP Photo/Manuel Balce Ceneta)

State Department says GOP bill could kill pipeline

The Obama administration says a Republican bill to fast-track approval of an oil pipeline from Canada could lead to the project’s demise.  More »
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IEA says more Iran sanctions may push crude prices higher

Tougher international sanctions on Iran may lead to higher global crude prices and a decrease in output capacity for OPEC’s second-largest oil producer, the International Energy Agency said.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |12.13.11|

The Hummer is back, but it is smaller than ever. IEA says more sanctions against Iran could increase crude oil prices. And are quakes being caused by natural gas?  More »
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Oil falls below $98 on European concerns

Oil prices are reflecting “concerns over a eurozone debt crisis that may already be forcing a recession that could significantly inhibit oil demand,” oil trader analyst Jim Ritterbusch said.  More »
(AP Photo/LM Otero)

Wind boosters: 37K jobs on line if tax credit expires

As many as 37,000 jobs tied to the U.S. wind industry could be lost if Congress doesn’t renew a renewable energy tax credit before it expires next year, according to a report issued today.  More »
Craig Sautner, a resident of Dimock, P.A., holds a jug of his well water outside of The Forum in Binghamton, NY, on Monday, Sept. 13, 2010 during the final public meeting on the U.S. Environmental Protection Agencyís hydraulic fracturing study. Sautner lives 976-feet from a Cabot Oil natural gas drill. He was not allowed to take the receptacle into the meeting. (AP Photo/Press & Sun-Bulletin, Rebecca Catlett)

Companies warned shareholders, but not landowners of risks

The Environmental Working Group said companies drilling in the mid-Atlantic and Northeast routinely described to shareholders the potential risks of natural gas drilling in their Securities and Exchange Commission filings — but didn’t give the same warnings to landowners.  More »
(AP file photo/David J. Phillip)

El Paso says no estimate for return of Ruby gas line in Utah

El Paso Corp. has no estimate for when its Ruby interstate natural-gas pipeline will return to service after a Dec. 10 fire on a segment in northern Utah, said Richard Wheatley, a company spokesman in Houston.  More »
Nebraska Gov. Dave Heineman. (AP Photo/Nati Harnik)

Neb. gov supports efforts to speed up Keystone XL

Gov. Dave Heineman says he supports efforts to accelerate the federal approval process for a controversial crude oil pipeline through Nebraska.  More »