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News & Updates
September 14, 2012 Gas prices continue to climb, soon could reach $4 a gallonSource: News 21 -CBS
Gas prices have been all over the board this summer, but recent weeks have seen a steady increase. The question is will prices for gas break the $4 a gallon mark? Industry officials say blame it on the weather. Severe weather,...
September 13, 2012 Japan PM hints at nuclear-free energy policySource: Businessweek
TOKYO (AP) — Japan's prime minister hinted Wednesday that the government will announce a gradual abandonment of nuclear power when it issues a new energy policy this week. News reports said the Cabinet has already agreed to the...
September 13, 2012 The rush to exploit an increasingly ice-free ArcticSource: ArsTechnica
It’s that time of year again, when we check in to see where the annual Arctic sea ice minimum will end up. And this year is a doozie. We haven’t quite bottomed out at the end of the melt season, yet, but already 2012 has set new...
September 13, 2012 Chesapeake’s McClendon Taps Expanding Shale Oil DemandSource: Bloomberg
Chesapeake Energy Corp. (CHK) negotiated a higher-than-expected price for oil fields in the U.S. Southwest as the gas driller exploited a growing appetite for shale assets among the world’s largest energy explorers.
September 12, 2012 Could wind power ever meet the world’s energy needs?Source: Washington Post
At the moment, wind power supplies about 4.1 percent of electric power in the United States. Still a bit player. Yet there’s a whole lot of untapped wind left in the world. Wind whipping through the Great Plains. Wind gusting off...
September 12, 2012 On Natural Gas, Green Groups Can’t Make Up Their MindsSource: Mother Jones
Gas is the new coal. At least that's what the Obama administration seems to think. In accepting his nomination to run for a second term, President Obama pledged to "continue to reduce the carbon pollution that is heating our...
September 12, 2012 Energy watchdog suggests oil release unnecessarySource: Reuters
LONDON - Global oil demand is likely to be muted over the next year and supply and inventory levels look comfortable, the West's energy agency said on Wednesday, implying there is no need to release emergency stocks to curb oil...
September 12, 2012 Fighting Fracking in South AfricaSource: Huff Post
South Africa announced Friday that it would lift its moratorium on hydrolic fracturing, the controversial natural gas extraction technique known as "fracking." In response, Treasure the Karoo Action Group (TKAG) is launching a...
Source: Washington Post
CHICAGO — For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids from coast to coast even though transportation officials were aware of a dangerous design flaw that almost...
September 11, 2012 Sea ice halts Shell oil drilling in Alaskan ArcticSource: Telegraph
"As a precautionary measure ... Shell has made the decision to temporarily move off the Burger-A well to avoid potentially encroaching sea ice," the company said in a statement. "Once the ice moves on, the Noble Discoverer...
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