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Energy companies sparse for offshore bids

Energy companies bid $115 million for 162 separate tracts in the western Gulf of Mexico, about half of the leases bid on last year for $483.9 million.

Oil prices jump on surprise draw down of U.S. supply

The Energy Information Administration said crude in storage fell by 8.4 million barrels last week. Gasoline held in storage fell as well, but the draw down in crude was the big surprise.

Gulf Coast vulnerable as refiners hit hard times

The Gulf Coast could be the biggest loser in a shakeout of the U.S. refining business that some analysts and industry executives view as inevitable in coming years.

Oil falls below $66 on worries of slow recovery

The price for a barrel of oil could fall to between $63 and $59 per barrel, said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates.
multimedia reports
Exploring Mars — Shell's giant Gulf platform is back on track after Katrina.
A Taste of Texas — Texas dude ranches help foreign tourists find their inner cowboy.
Stoves for Guatemala — A simple design by a Texas nonprofit changes the lives of poor women.
Gas prices — What goes into the price of a gallon of gasoline?
Texas City explosion — The deadly BP blast of March 2005.
useful links
Do Not Call TX — Register online for the state no-call list.
Do Not Call US — Register for the online national no-call list. — Enter your ZIP code and see local prices.
Gasoline Prices — Average Houston gasoline prices from AAA.
Texas electricity providers — Consumer information and rates.
Houston electricity choices — Compare sources, plans, rates.
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