It could be years before the oil spill in North Dakota is cleaned up, a process the pipeline's operator estimates will cost about $4 million. While North Dakota's production will likely remain unscathed, how it copes with these new challenges may be a factor in its oil legacy, Graeber writes.
As Chinese oil imports grow, Beijing will increasingly depend on global markets to satisfy its ever-growing oil demand. This necessitates further engagement with the international system to protect its interests, encouraging a fuller integration with the current liberal order, Johnston writes.
Four decades after the 1973 Arab oil embargo, the US has more efficient cars, a strategic oil reserve, and a homegrown energy boom that is reducing its reliance on OPEC oil. But oil prices remain high and some see the nation's newfound resource wealth as a boom that will eventually go bust.
A boom in US energy production has mades shale natural gas and tight oil the talk of the energy industry. But coal is still the fastest-growing source of energy in the world and is the primary source of fuel for electricity, according to the International Energy Agency.
The Environmental Protection Agency's mandate on biofuels has stirred strong opinions from farmers, renewable fuelmakers, and traditional oil companies. Is there room for compromise?
Fall almost always brings relief at the gasoline pump. Pundits frequently notice this phenomenon during election years, and assume that vested interests are trying to manipulate prices to win elections, Rapier writes. But there is a more straightforward explanation to what’s going on.
China has topped the US as the biggest importer of oil in the world, according to government data released this week. It's more evidence of China's economic growth and America's shale drilling boom and increased efficiency, which has reduced its reliance on foreign oil.
As German utilites reduce the amount they pay for solar-produced electricity, solar companies are looking at installing an additional meter that measure how much of the electricity homeowners consume themselves. If utilities go along, 'self consumption' rates could drive more energy efficiency moves by consumers.
The American Petroleum Institute, an oil industry group, has filed a federal lawsuit challenging the government’s estimate over how much ethanol must be blended into the US fuel supply this year.
On-site inspectors will remain on the job at nation's 100 commercial reactors, despite the Nuclear Regulatory Commission implementing its government shutdown plan. The agency had been able to skirt the government shutdown by using carryover funds, but now those funds have run dry.
Petronas, Malaysia's state-owned energy giant, announced Sunday it will invest $35 billion in the Canadian liquefied natural gas industry. British Columbia's government hopes to use the revenue generated by projects like this to pay down the province’s debt and to establish a prosperity fund to bank energy-related revenue.
A shrinking trade deficit is one benefit of the domestic hydraulic fracturing and horizontal drilling revolution that has stirred passions on all sides of the debate over America's energy future.