Coal is experiencing a mini-boom as an energy source for generating electricity, thanks to soaring energy demand, abundant supplies and volatile natural-gas prices.
Utilities companies have concentrated on building cleaner-burning natural-gas power plants for the past two decades. Now, 153 new coalburning power plants are under way or being proposed nationwide, according to the National Energy [...]
U.S. Department of Energy Secretary Samuel W. Bodman said on Friday that a Mississippi site has been chosen as the preferred alternative to expand the U.S. Strategic Petroleum Reserve (SPR) to 1 billion barrels.
“The Strategic Petroleum Reserve is a national asset that can be used in cases of severe disruption supply. As our nation’s [...]
Oil prices traded in a narrow range Wednesday ahead of the release of weekly U.S. petroleum inventory data, which is expected to show higher supplies.
But the possibility of more production cuts by the Organization of Petroleum Exporting Countries were keeping a floor under prices, as recent comments from key members of the cartel suggest it [...]
Crude oil fell below $57 a barrel Thursday for the first time in more than two weeks after an Energy Department report showed increases in U.S. inventories of natural gas, a competing fuel.
Natural gas supplies rose five billion cubic feet, or 141 million cubic meters, to 3.45 trillion cubic feet last week, the report showed. [...]
KORONADAL CITY - “Too small an amount in exchange for so mammoth an income.”
This is how a local official in Lake Sebu, South Cotabato described the share Barangay Ned landowners would get from a coal mining company.
Municipal Agrarian Reform Officer Celso Caro said there is a need to review the government rules on the sharing [...]
Crude oil tumbled for a second day on forecasts that warm U.S. weather will curb demand from the world’s largest energy consumer and bolster inventories that are already above average.
Higher-than-usual temperatures are expected in most of the U.S. from Nov. 7 until Nov. 13, the National Weather Service reported. U.S. crude inventories, already 12 percent [...]
Oil prices edged higher Tuesday, after tumbling more than $2 a barrel the previous day as traders anticipated that U.S. supply data due out this week would show rising inventories of crude.
Traders were also doubtful about OPEC’s ability to implement its plan to cut 1.2 million barrels a day of production — or that it [...]
Japan, dependent on imports for 99 percent of its oil and gas, may turn to Iraq and Indonesia after it lost control of Iran’s biggest untapped field.
Prime Minister Shinzo Abe’s government promised this week to invest in Iraq’s shattered energy industry in the hope that Japan will be able to tap the world’s third-largest [...]
Growing demand for ethanol has boosted prices for the corn-based fuel additive, worrying ethanol supporters just as they’re making inroads getting motorists interested in the alternative fuel.
Greg Boesch, who owns Fred’s Mini Mart in Shadeland, said when he began selling E85, it was between 30 cents and 40 cents a gallon cheaper than gasoline.
Now, he’s [...]
Thanks to the high prices of oil and natural gas, the electricity industry is turning back to coal, America’s oldest and most abundant fossil fuel, to drive a new generation of power plants. The upshot is that even as politicians take the threat of global warming more seriously, the problem may get much worse.
Utilities are [...]
