And the U.S. Has an Abundance of It Here’s another bit of energy upside, and it’s something for the shale gas producers to cheer about. The EIA released its 2015 power generation fuel data and natural gas was behind coal again—but just barely. At a horse race, 2015’s coal vs. natural gas race would be deemed a photo finish. But in 2016, natural gas is
First a warning, then executive actions through the EPA, now a halt to coal mining leases on federal land Government policy can be used as a powerful industry killer. Ask the coal miners in Appalachia. In a 2008 speech candidate Obama warned that “if somebody wants to build a coal power plant it will bankrupt them because they’re going to be
ANSWER: Smart people, strong leadership, and a relentless drive to create success. Peek behind the front doors of the companies finding, producing, transporting and transforming energy. While oil and gas companies across the planet are battling a commodities price environment in which a barrel of oil fetches 70% less than it did 18 months ago, Whiting Petroleum (ticker: WLL) has found and implemented
Carbon emissions from the power sector at lowest level since 1988 The electric power sector emitted 128 million metric tons of carbon dioxide (MMmt CO2) in April 2015, according to information from the Energy Information Administration (EIA). This level of emissions is the lowest for any month since April 1988. In any year, April is typically the month with the
World’s Largest Solar Generating Plant Struggles to Make Ends Meet if the Sun Doesn’t Shine Who knew? In the midst of free-falling oil prices that have knocked about the growth plans for petroleum developers, owners of the world’s largest solar power plant have discovered that cloudy days significantly reduce their revenues. “Industry-wide figures suggest that a 5% negative anomaly in solar
