Northwest heat wave leads to record levels of summer electricity demand

Multiple record-breaking heat waves swept across the western United States this summer, with the latest occurring in the Pacific Northwest on August 1-4, 2017. Coincident with the hot weather, some of the largest electricity balancing authorities in th...…

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Pricing

This Critical Oil Price Divergence Could Boost US Exports

The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For the past few years, Brent and WTI have traded very closely together, as both benchmarks reflect the crushing weight of oversupply. Prior to the market downturn in 2014, the spread between the two benchmarks was dictated much more by geopolitical whims. Brent, which reflects market conditions in Europe, the Middle East, Africa and parts of Asia – in essence a more internationally-oriented……

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Shale Gas

Colorado Governor Calls for Overhauling Oil, NatGas Rules

In the aftermath of a deadly flowline explosion in Firestone last April, Colorado Gov. John Hickenlooper on Tuesday proposed a series of regulatory and legislative changes for oil and natural gas operations in the state.…

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FERC Assigns Rover More Homework Before HDD Restart

FERC on Tuesday provided Rover Pipeline LLC with an updated list of measures the company would need to take before resuming horizontal directional drilling (HDD) activities for the 710-mile, 3.25 Bcf/d natural gas transmission project.…

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Gasoline

Fuelfix is moving. Here are the details.

Fuel Fix, the Houston Chronicle’s must-read source for energy industry news and analysis, is moving to chron.com, the Chronicle’s free site. Typing FuelFix.com should redirect you to the new site, which will host the same quality content you’ve come to expect. If you are not automatically redirected, you can click here to go to chron.com/business/energy. The transition ...…

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Market Currents: Qatar’s energy exports

Houston’s USD Partners expands to carry Canadian oil sands by rail

California solar company coming to Texas

Oil gives back gains as impact from Middle East dispute seen as limited

Houston gasoline prices unchanged as U.S. average rises slightly

Oil jobs rebound as U.S. drilling fleet grows for 5 straight months

Atmos Energy hiked gas rates while over earning by millions

Exxon may have misled investors on climate costs, New York AG tells judge

Market Currents: Oil still roiled

U.S. coal demand falls to lowest level since ’84

Drillers still haven’t budged on more than 100 big projects costing $300 billion

Three new natural gas deals for BP underscore move toward low-carbon future

Think before you sue: Tips for resolving oil and gas disputes

Oil prices head for big weekly loss as glut lingers

After storms, fights and months of delay, the Dakota Access Pipeline finally opens

Oil

Varcoe: Drillers running on ‘razor-thin margins’ as oil prices remain sluggish

Are drillers in the Canadian oilpatch drilling themselves right out of business? That provocative question in a new report encapsulates the wild ride the sector has been on recently, with death-defying twists and turns — and some important issues lurking around the bend for the rest of this year and into 2018. “I think there’s […]…

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This Critical Oil Price Divergence Could Boost US Exports

The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For the past few years, Brent and WTI have traded very closely together, as both benchmarks reflect the crushing weight of oversupply. Prior to the market downturn in 2014, the spread between the two benchmarks was dictated much more by geopolitical whims. Brent, which reflects market conditions in Europe, the Middle East, Africa and parts of Asia – in essence a more internationally-oriented……

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Oil Prices Slip After API Reports Build In Gasoline Inventories

The American Petroleum Institute (API) reported a major drawdown on U.S. crude oil inventories of 3.595 million barrels—one-third of last week’s API-reported draw of 9.2 million. Cushing inventories were also down 462,000 barrels, for the week ended August 18.  Gasoline inventories rose significantly, up 1.402 million barrels, while distillates were up 2.048 million barrels. At 4:49 pm EST, right after the API data release, WTI was at $47.63, while Brent was trading at $51.69. (Click to enlarge) On Friday, crude oil prices had……

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Renewables: Trump’s Key To U.S. Energy Dominance?

Since a pro-oil administration entered the White House, the oil industry lobby has praised the ‘America-First’ energy strategy, while proponents of cleaner energy have been arguing that the U.S. needs a more diversified energy mix in which renewables should have a greater share. The pro-oil camp—like President Trump--argues that more oil and gas drilling will boost American energy independence, create many more jobs, and ultimately lead to American energy dominance. The other point of view is that, despite skeptics, climate change……

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Coal