U.S. natural gas futures edged higher on Monday, though gains were likely to remain limited as short-term weather forecasts kept calling for mild summer temperatures across much of the U.S. On the New York Mercantile Exchange, natural gas for delivery in September tacked on 0.82%, or 3.1 cents, to trade at $3.829 per million British thermal units during U.S. morning hours.
Twelve states filed a lawsuit against the Obama administration on Friday seeking to block an Environmental Protection Agency proposal to regulate coal-fired power plants in an effort to stem climate change. The plaintiffs are led by West Virginia and include states that are home to some of the largest producers of coal and consumers of coal-fired electricity.
Four years after a BP oil rig exploded and flooded the Gulf of Mexico with an estimated 170 million gallons of oil, scientists have discovered further evidence of coral communities affected by this environmental disaster. Scientists at Pennsylvania State University, in State College, Pa., found coral communities that show signs of damage from 2010’s Deepwater Horizon oil spill more than 12 miles (20 kilometers) from the disaster site. The new findings suggest that the oil spill’s footprint is both deeper and wider than was previously thought.
Biofuels Power Corporation (OTCBB:BFLS) announced today that it has signed a letter of intent with ThyssenKrupp Industrial Solutions (Africa) (Pty) Ltd (“ThyssenKrupp”) and Liberty GTL, Inc. (“Liberty”) to build a small-scale gas-to-liquid demonstration facility in Houston, Texas (“GTL Pilot Plant”). The parties have established a non-binding target date to complete installation and commissioning of the GTL Pilot Plant on or before December 31, 2014. The purpose of the GTL Pilot Plant is to commercially demonstrate converting stranded natural gas resources to synthetic crude oil.
A surge in Oil Trains hauling North Dakota’s energy bonanza is interfering with grains shipments to Pacific Northwest ports, prompting fears of a chronic crisis in which railcars carrying fossil fuels crowd out other products and disrupt exports.
[VIDEO] Kevin Sara, Chief Executive Officer at Nur Energie, talks with Guy Johnson about the technology behind the challenge of supplying Europe with solar energy gathered in the African desert. He speaks on “The Pulse.”
Ethanol produced in the United States has been the most economically competitive motor fuel in the world over the past four years and has played an important role in reducing consumer fuel costs, according to a newly released analysis by the Renewable Fuels Association (RFA).
Both CNG and LPG powertrain systems are cheaper and more eco-friendly in cars than diesel or gasoline systems.
The rush to make Jacksonville one of the leading players in the natural gas industry took another step Wednesday, when work began on a publicly accessible compressed-natural-gas station.
North Dakota’s thriving oil and gas industry accounts for nearly one in seven private-sector jobs covered by unemployment insurance, according to data that could have a big impact on how tax revenue flows to oil-impacted cities, counties and school districts.
