Share prices for US refiners have soared over the past year because they've leveraged a $20 per barrel differential between Bakken oil and Brent crude. This year refiners' profit potential looks solid, but the differential could narrow.
As solar prices have fallen, and oil prices have risen, Saudi Arabia now has a strong economic incentive to push ahead with its long awaited solar plans, Peixe writes. Saudi Arabia’s desire to install vast amounts of generation capacity makes them a potentially important market, and they will be able to take advantage of this with Chinese manufacturers.
Appeals court ruling will allow wind energy from the northern Plains to reach population centers in the Midwest. But the ruling may force states to rewrite their renewable portfolio standards, opening them up to attack.
Last week a California utility announced it would close the San Onofre Nuclear Generating Station. That closure, along with the shutting down of other nuclear plants, will have serious consequences for consumers and slow efforts to reign in greenhouse gas emissions, Styles writes.
General Motors is offering a $5,000 discount on its Chevy Volt electric car in an effort to jumpstart lagging sales. The Chevy Volt discount follows the strategy of the recent reduction in price of the Nissan Leaf.
Westminster explosion leveled one house and caused minor injuries in suburban Denver Thursday. Residents in the area said they smelled gas before the Westminster explosion.
The idea is that a car with less range will necessarily lead to more instances of range anxiety, Finley writes, but, for some, driving an electric car might mean less range anxiety than driving a conventional gas car.
Ongoing protests have forced the closure of two export terminals and an entire oil field in Libya, causing a drop in the country's oil production. Gains in production elsewhere may mean a long road ahead for oil in Libya.
In his first congressional testimony as Energy secretary, Ernest Moniz said Thursday he would move 'expeditiously' to decide on applications to export liquefied natural gas.
American oil production had a banner year in 2012, largely thanks to new drilling techniques that recover oil from shale rock formations. As world energy supplies grew, demand for energy moderated, thanks to Europe's recession and energy-saving efforts.
Many states and their destination cities have reasons to re-think how they are powered, Warren writes. The least costly energy fuel source may have other costs imposed upon their citizens, economy, and environmental assets. A recent report breaks down the US electricity mix.
Weak economic growth in the US has led to a dramatic decline in motor gasoline demand, Gagliardi writes. Not only has gasoline demand been weak since 2009, it has been successfully lower roughly each year to year the date in 2013.
Keystone XL plays an outsize role in US energy discourse, earning the nickname "the Kim Kardashian of energy" from one US senator. But Keystone XL serves as an important touchstone for both its supporters and detractors.