Natural gas is an important feedstock for the chemicals and fertilizer industries, so higher prices could pressure those sectors, Rapier writes. Oil companies with significant chemical operations could also see this business segment take a hit.
Oil forecasts fail so often that it's puzzling that the media, governments, corporations, and the public put so much faith in them, Cobb writes. Those whose plans were based on the IEA's 2000 oil forecast were completely blindsided by developments just a few years later.
Federal regulations on fracking barely apply because the states involved already have a say in the way drilling proceeds, Graeber writes. Perhaps, he adds, it's the energy industry that has a right to question why the government 'is moving forward with these requirements in the first place.'
The Boeing 787 Dreamliner's return to US passenger flight is an important step for a company eager to demonstrate the potential for lithium-ion technology in aviation. Despite a preventative fix, the root of the Boeing 787 Dreamliner's battery problems remains unclear.
Demand for fresh water could exceed supply by an estimated 40 percent by 2030, pushing up prices for the water-intensive energy industry. Soaring water prices would help wind, solar, and natural gas, but hurt coal and nuclear plants.
The Energy Department authorizes a second US terminal to export liquefied natural gas (LNG), ending months of speculation. LNG exports boost the prospects for domestic natural gas drillers and should help key allies, but they're also likely to boost prices for US consumers and manufacturers and they raise environmental concerns.
Although Chevron is smaller, it has eclipsed ExxonMobil as the best-managed international oil company. Chevron's stock has outperformed ExxonMobil's, it pays a higher dividend, and the company is reporting a slightly higher profit margin.
Environmentalists and industry representatives are criticizing new draft regulations on hydraulic fracturing, a controversial drilling method that has helped spark an oil and gas boom. The shared discontent reflects the complexity of the debate surrounding hydraulic fracturing and natural gas use.
Canada has increased their expenditure on advertising for tar sands and the Keystone XL pipeline from $9 million in 2012, to $16.5 million in 2013, Peixe writes. The advertising campaign is targeted at Obama administration officials, hoping to sway their opinion on Keystone XL.
Ernest Moniz earned bipartisan approval Thursday as the Senate voted 97-0 to confirm the nuclear physicist as the next secretary of the Department of Energy. The support for Ernest Moniz is in contrast to divided opinions over Gina McCarthy, President Obama's pick to head the EPA.
Tesla Motors has set its sights on 'battery-swapping' technology. In theory, that would mean drivers of Tesla Motors cars could recharge faster than the time it takes to fill up a tank of gas. It's a bit of a holy grail for an electric car industry eager to overcome 'range anxiety.'
Oil production is surging in the US, sending supply shockwaves through world markets. The US could become the world leader in more ways than one, Graeber writes, but only if it opens its oil spigot.
Stronger natural gas prices are good news for some and bad news for others, Rapier writes. Given their heavy investments in natural gas, ExxonMobil and ConocoPhillips, along with Chesapeake, stand to benefit from the recovery in natural gas prices.
Arctic Council grants China observer status. The eight-member Arctic Council will be key to regulating the anticipated resource rush as warming temperatures further open the Arctic to oil and gas drilling and fishing.
The benefits of the North American oil boom on this side of the Atlantic are well-documented – and the same technologies might help developing nations. But Europe's energy industry, which separately became a target of a price-fixing investigation, could emerge as a loser.
A car that goes 3,587 miles on a single gallon of gasoline is the winner of a global competition to develop the most fuel-efficient vehicle prototype. Using a mix of ingenuity, imagination, and skill, high schools and universities from around the world compete to discover who can go the farthest on a single gallon of gas.
The renewable energy industry would benefit from higher natural gas prices since, as these fuels for electric power plants become dearer, renewable energy sources become more competitive, Cobb writes. Still, the renewable energy industry will probably stay largely mum in the fight over expanded exports of US natural gas.
The tension between conservation and oil and gas drilling is evident in the White House's new Arctic strategy paper. Shifting economic, climatic, and regulatory realities have contributed to what is at least a temporary pause in Arctic oil and gas drilling.
Nigeria relies almost exclusively on its energy sector for export earnings and 75 percent of federal government revenue, Graeber writes, but a long record of corruption, militancy and banditry has clouded Nigeria's oil prospects.