The shale industry could be swallowed by its own debt
The debt that fueled the U.S. shale boom now threatens to be its undoing.
The debt that fueled the U.S. shale boom now threatens to be its undoing.
Honda Motor Co. is giving up on its compressed-natural-gas Civic, 17 years after introducing the model in the U.S.
The American Public Transportation Association (APTA) and the Natural Resources Defense Council (NRDC) have declared Thursday “National Dump The Pump Day” in an effort to boost transit usage in cities across the country.
Today, we’re hosting a Clean Energy Investment Summit at the White House, where we’re announcing $4 billion in independent commitments by major foundations, institutional investors, and others to fund innovative solutions to help fight climate change, including technologies with breakthrough potential to reduce carbon pollution
There is a movement afoot to slow the wheels of modern life. A highly emotional, anti-industrial fringe is urging institutions to “divest” — or sell investments in the oil, gas, and coal industries. Their goal is to keep dense, reliable, affordable energy in the ground and out of our lives.
A new Republican bill introduced Tuesday would completely repeal the federal mandate to blend ethanol into the nation’s gasoline supply.
Oil’s dramatic price changes seem baffling. In mid-2014, crude prices averaged around $100 a barrel; now, they’re gyrating between $50 and $60. Over the same period, U.S. gasoline prices have dipped from more than $3.50 a gallon to around $2.50. With the world economy slowly recovering, why have prices collapsed?
The solution doesn’t require significant engine conversion; it doesn’t require futuristic technology or not-yet-available innovation. It merely requires taking the blinders off, and the gags out of public officials’ mouths to inform the public that they should use more ethanol in their gasoline-powered vehicles, and ethanol-based bio-diesel in their diesel-powered vehicles.
The past year has brought a welcome surge in investment and growth for the renewable energy industry — with one very large exception: biofuels.
OPEC is producing one million barrels more than the official target OPEC ministers agreed to last week.