As expected, Senate Democrats prevented a bill authorizing construction of TransCanada’s Keystone XL pipeline from advancing in the Senate. The fate of the pipeline still remains with the State Department, because the pipeline would cross from Canada through the United States. President Obama already has made his feelings known, saying through a spokesman that he […]
OPEC’s secretary-general, Abdullah al-Badri, said Monday that the great oil price-drop could be over, and that it could start to climb again soon. “Now the prices are around $45-$50, and I think maybe they reached the bottom and will see some rebound very soon,” he told Reuters in London. Al-Badri also warned that oil might […]
Reaction is pouring in after President Obama over the weekend announced his administration was seeking to permanently protect the majority of the Alaskan National Wildlife Refuge — about 12 million of 19.8 million acres — from oil and gas exploration. The coastal plain in the refuge, home to about 200 species, as well as an […]
The Atlantic’s Matt Schiavenza has some pointed commentary on the longtime U.S.-Saudi alliance, arguing that the United States needs the Middle East kingdom “more than ever.” Following the death of King Abdullah last week at age 90, following a lung infection, President Obama cited his “enduring contribution to the search for peace” in the region. […]
Residents of the town of Glendive, in eastern Montana, are being told not to drink or cook with water from the city’s supply after a weekend oil spill that send 50,000 gallons of crude into the Yellowstone River. The river flows downstream from Yellowstone National Park, and the site of the spill is some 400 […]
President Obama touched on several aspects of the energy debate during Tuesday night’s State of the Union Address, including: Imported oil: More of our kids are graduating than ever before; more of our people are insured than ever before; we are as free from the grip of foreign oil as we’ve been in almost 30 […]
Visitors to the North American International Auto Show in Detroit this week likely were awe-struck, along with critics, at the sight of the new high-powered Acura NSX and the Ford GT. But this might be the show where hydrogen-powered vehicles finally graduated from the drawing board to the public consciousness. Much buzz was created in […]
There were pockets of pure hotness in the United States in 2014. California, for instance, endured an unprecedented drought, worsened by the warmest year in the state since 1934. Although the United States, overall, had just its 34th-warmest year on record, the rest of the world suffered much more: As climate scientists had been predicting […]
Give the American consumer credit: They know gasoline prices are volatile, and that there’s no guarantee that this vacation from expensive gas will last. According to a phone survey by Rasmussen Reports: Ninety percent (90%) of American Adults say they are paying less for a gallon of gas than six months ago, but 69% think […]
Oil prices climbed took off in the final 30 minutes of Tuesday’s trading session, and analysts wondered whether the surge represented a temporary blip or the start of a comeback from a 7-month-long losing streak. As Reuters noted, for most of the day oil was flat or slightly lower, owing to “data showing that U.S. […]
