Archives for Energy - News
Midwest refinery woes pump up gas price pain
Troubles at several oil refineries are driving gasoline prices sharply higher in the Midwest, and the regional shortages are expected to boost pump prices nationwide. While the USA may be dripping in new-found crude oil deposits, and early May suppli ...
Report: U.S. oil surge transforming markets, undercutting OPEC
The rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the U.S. and the developed world for the first time in the consumption of oil, the Internat ...
U.S. power grid jalopy needs engine work
NEW YORK - America's power grid is like an old car. It gets the job done, even if its performance is slipping. But the repair bills go up every year, and experts say only a major overhaul will reverse its decline. An Associated Press analysis of util ...
Pipeline OK reopens stream of debate
Nebraska Gov. Dave Heineman notified President Obama on Tuesday that he has approved the controversial Keystone XL Pipeline to traverse his state, a crucial step toward reviving the project one year after it was delayed by the Obama administration. T ...
Without billions in government subsidies, green power collapses
DENVER (AP) - An eerie quiet has settled over the Walker Components plant, which assembles custom cables for a global wind turbine company. Orders are down from earlier in the year and one-third of its employees have been laid off this year. "At the ...
The Obama war on coal
MORGANTOWN, W.Va. (AP) - Drive through the coalfields of Central Appalachia, and signs of the siege are everywhere. Highway billboards announce entry to "Obama's No Job Zone," while decals on pickup truck windows show a spikey-haired boy peeing on th ...
Marcellus gas reserves larger than expected
PITTSBURGH (AP) - There's been plenty of debate over the Marcellus Shale natural gas field, but new research adds a twist that could impact political and environmental battles. Two independent financial firms say the Marcellus isn't just the biggest ...
Gas price tops $3.70
NEW YORK (AP) -- The price of oil is stubbornly holding on to recent gains, and that's causing pain at the pump for U.S. drivers. Benchmark crude rose 50 cents to $93.23 a barrel Tuesday on the New York Mercantile Exchange and has increased $5 in Aug ...
Harry Reid demands closure of coal fired power plant
LAS VEGAS (AP) - U.S. Sen. Harry Reid on Tuesday called for the closure of a coal-fired power plantoutside Las Vegas, saying he expects opposition from NV Energy Inc. but the facility is antiquated and a health risk to American Indians who live nearb ...
Plan for Vt. windmills causes international furor
STANSTEAD, Quebec (AP) - The winds blowing through Canada's broad St. Lawrence Valley and across Vermont's hilltops are stirring up an international tempest over which country's laws should govern how those breezes are harnessed for electricity. Some ...
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