A government report says US oil exports could actually benefit domestic consumers. Ukraine, Russia, and the EU avoid a humanitarian crisis by forging a deal to resupply Ukraine with Russian gas. Meanwhile, solar power prices keep on plunging. Catch up on the week in global energy with Recharge.
Gas prices have fallen to the lowest levels since December 2010. Cheap prices at the pump are the result of a glut of oil in the global market, which has driven crude oil prices down significantly over the last several months.
Oil prices continue to drop, energy companies are taking on large amounts of debt, and some call into question rosy projections about a long-term US shale boom. Should we be concerned about the future of American oil and gas?
Ukraine gas talks resumed in Brussels Wednesday, with early reports indicating a deal again could not be reached to resume Russian gas flows to Ukraine. As temperatures drop, officials are increasingly concerned about a lack of the vital winter heating fuel.
Oil prices are dropping on high supply and low demand, and everyone is wondering how much lower can oil prices drop. The answer, writes Tillier, is not much lower.
The city of Burlington now gets 100 percent of its electricity from renewable sources, Guevara-Stone writes. It's part of Vermont's goal to produce 90 percent of its energy from renewable resources by 2050, including electricity, heating, and transportation.
Gas prices are rapidly dropping due to the slump in crude oil prices and that is bad news for electric cars. The emerging technology has come a long way in recent years, but a prolonged state of low gas prices could further slow the spread of electric cars.
Oil prices are continuing their slide on big US crude inventories and Goldman Sachs forecasting oil prices at $75 a barrel. EU leaders have agreed to new climate targets, while in the US, last year's bitter winter pushed up energy emissions. Catch up on the latest in global energy with the Monitor's Recharge.
Brazilians head to the polls Sunday for a runoff election to decide their next president. Regardless of who wins the vote, Brazil's new leader must immediately address the factors limiting the nation’s energy potential, writes Alexis Arthur of the Institute of the Americas.
Hoping to make climate change a bipartisan issue, environmental groups are endorsing Republicans and moderate Democrats in the midterm elections. The strategy is a pragmatic shift for green groups, who have more money and clout in this election than ever before.
The coming of winter ratchets up tension surrounding Ukraine gas talks, which fell short of a deal again this week. Still, hopes remain high that a deal will be reached to pay off Ukraine's gas debts and reopen the flow of Russian supplies.
Oil prices continue to fall, putting pressure on US drillers who need oil prices to remain relatively high to make production profitable. Low oil prices are already reducing the number of active drilling rigs in the US.