In the ethanol wars, both sides are wrong
The Iowa primary has put into play one of the more obscure issues in the political life of the nation — ethanol, of all things.
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Oil falls on China data and fading prospects of OPEC action
Oil fell nearly four percent on Monday as weak economic data from China, the world’s largest energy consumer, weighed on prices and an OPEC source played down talk of an emergency meeting to stem the decline.
U.S. drivers can see $1.50 gasoline for first time since 2009
American drivers are within shouting distance of $1.50 a gallon for the first time since 2009.
Senate begins debate on comprehensive bipartisan energy bill
The Senate on Wednesday started debating its first comprehensive energy legislation since the George W. Bush administration, a bipartisan measure meant to update the nation’s power grid and oil and gas transportation systems to address major changes in the ways that power is now produced in the United States.
So yes, the oil crash looks a lot like subprime
One year ago, analysts at Bank of America Merrill Lynch drew a parallel between the subprime mortgage crash and the disorderly fall in the price of oil.
OPEC’s El-Badri calls on global oil producers to help curb glut
The head of the Organization of Petroleum Exporting Countries called on oil producers outside the group to assist in reducing the global oversupply, signaling once again that OPEC won’t make output cuts alone.
Faced with cheap oil prices, biofuels industry sees no déjà vu
Ethanol producers may feel less pain from sinking oil prices than in previous tough times, as a government rule ensures a minimum use of the biofuel and recent consolidation gives them both financial strength and output flexibility.
Saudi Arabia presents plan to move beyond oil
Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil.
Tesoro working with partners to run crude in U.S. made from biomass
San Antonio-based refining company Tesoro Corp. is hoping to turn trash and other renewable resources into regular unleaded. Earlier this week, Tesoro announced that it plans to add renewable “biocrudes” to the feedstocks processed at its refineries in California.
Lame batteries are keeping you from better gadgets
Lithium-ion batteries are the energy source of choice for products sold by many tech companies. However, a problem with lithium-ion batteries is they have a chance of overheating and starting fires, posing a potential hazard for products powered by them like laptops, hoverboards and electric vehicles.
