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Tag Archives: energy production

Trump uses energy speech to outline general election pitch

Donald Trump energy speech

BISMARCK, N.D. (AP) — Presumptive Republican presidential candidate Donald Trump unveiled an “America first” energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources to push the United States toward energy independence. But the speech, delivered at the annual Williston Basin Petroleum Conference in Bismarck, North Dakota, went far beyond energy, as Trump ...

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Natural gas surpasses coal as biggest US electricity source

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this year, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. The research company SNL Energy in a new report using data from the ...

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U.S. could be fossil fuel free in a little over a generation

One hundred percent clean and renewable by 2050. This might be implausible, but not impossible with the right road-map according to a recent study. Professor of civil and environmental engineering at Stanford Mark Z. Jacobson and colleagues, including U.C. Berkeley researcher Mark Delucchi, are the first to finally answer just what it would take for the United States to transition ...

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High court: Energy companies must face price fixing claims

WASHINGTON (AP) — The Supreme Court says a group of energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California’s energy crisis. The justices on Tuesday ruled 7-2 against American Electric Power Co., Duke Energy Co. and other natural gas traders arguing that federal law precludes state law ...

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IHS cuts its forecast as demand dips from energy clients

Business research firm IHS Inc slashed its full-year revenue and adjusted profit forecast due to a strong dollar and spending cuts by oil producers amid a slump in crude prices. The company’s shares fell as much as 10 percent in early trading on Tuesday. IHS gets about 40 percent of its revenue from energy companies, many of which have reduced ...

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Callon oil reducing workforce through retirements

NATCHEZ, Miss. — About 20 employees of Callon Petroleum are accepting early retirement options offered by the company. CEO Fred Callon said 12 to 13 Natchez employees were offered the option, while four to five were offered from the company’s Houston, Texas, office. Those employees will retire at various times throughout the next several weeks, Callon said. He said all ...

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Coal industry not sure who’s to blame

Zach Koppang | Shale Plays Media Coal workers in the eastern United States have been chanting, “Hey, hey, EPA, don’t take our jobs away,” according to a recent report by Al Jazeera America. As the nature of energy production in the U.S. continues to shift forms, many people in the coal industry have begun to point fingers at who’s really ...

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California regulations block state shale oil boom -Republicans

Anti-fracking signs

By Ayesha Rascoe WASHINGTON (Reuters) — Republican lawmakers said on Friday over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy. With more than an estimated 15 billion barrels of oil, according to the U.S. Energy Information Administration, California’s Monterey shale formation is twice ...

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Special Report: A Canadian family’s ‘Plan B’ to pump tar sands oil

oil refinery

By Richard Valdmanis And Dave Sherwood (Reuters) – Keystone XL, a pipeline proposal to pump Canadian oil sands through the heart of America, has alarmed environmentalists and become one of the most contentious issues of the Obama presidency. But there is a “Plan B” to cut the United States out of the picture, and it is championed by one of Canada’s wealthiest ...

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