Was Obama serious about keeping fossil fuels in the ground? Here’s a Colorado test case.
In some ways, Keystone was an easy test case — a project owned by a foreign company, built to ship foreign oil through the US, mostly for export.
Archive for year: 2016
The end of the oil age
Decades hence, 2015 might well be seen as the year the oil era entered the phase of terminal decline.
Chevy’s Bolt EV designed with GM’s new Lyft investment in mind
Sitting in a barren parking lot under gray skies, Chevy’s new Bolt electric car doesn’t seem like a game changer. But looks can be deceiving.
The sinful winners: Where Americans spend their gasoline savings
Americans are eating, smoking and drinking away their savings from cheap gasoline, and if that’s not great news for their doctors it’s handing windfall revenue to companies from Monster Beverage Corp. to tobacco giant Altria Group Inc.
TransCanada launches legal action over Keystone pipeline rejection
TransCanada Corp. says it will initiate a claim under the North American free-trade agreement and seek more than $15 billion in damages in response to the U.S. government’s decision to deny a permit for the controversial Keystone XL pipeline.
Fuel choice lost
Picture this.
You’re driving down the road and you notice your tank is almost empty — time to fill up. Read more →
$2 gasoline isn’t having the economic impact everyone thought it would
If low oil prices are a gift to U.S. consumers, why isn’t the U.S. economy growing faster?
Low gas prices expected to continue in 2016
The average U.S. household has saved an estimated $700 this year because of lower gas prices. And drivers can expect more savings in 2016.
Traders fret Saudi Arabia-Iran conflict may result in fresh flood of oil
Some analysts say the tensions in the Middle East are more likely to prompt the Saudis and Iranians to boost output in an already saturated global market.
Oil market is a battlefield for Saudi Arabia-U.S. war
What we are seeing today in the oil market is no less than war to the death between Saudi Arabia and the North American oil industry, Gal Luft, co-director of the Institute for the Analysis of Global Security (IAGS), a Washington based think tank focused on energy security, believes.
