Clashes in Egypt have added to growing anxiety over supply disruptions in the Middle East, driving oil prices upward for five days straight. A stronger supply of North American oil should help protect from long-term effects of Egypt unrest, analysts said.
Oil giant BP is suing the US government for blocking the company from bidding on and securing new federal contracts. The suspension came as BP was in the midst of negotiating an agreement with the EPA for its involvement in the Deepwater Horizon spill.
In the wake of the Lac-Megantic oil train disaster, it's important to focus on how to improve rail safety, Styles writes, and not use the tragedy to advance social causes.
Natural gas producers keep telling the public and policy makers that US natural gas production is set to grow continuously for decades, and that additional natural gas export terminals are necessary. But that story isn't holding up, Cobb writes.
Fukushima Daiichi Nuclear Power Plant continues to leak contaminated water into the Pacific Ocean, but it's not the only nuclear plant suffering from radioactive water issues. Taiwan’s First Nuclear Power Plant and the Plutonium Finishing Plant in Hanford, Wash., join Fukushima in grappling with leaking waste water.
Demand for oil in the US has fallen in six of the past seven years, but driven by increased consumption of industrial fuels used to power trucks and trains, and in the petrochemicals industry, there has been a strong resurgence in demand.
Hyperloop plans revealed Monday envision a 'fifth mode of transport' in which passengers travel at extreme speeds through tubes to reach their destination. Elon Musk, chief executive of Tesla Motors and SpaceX, says the idea is 'extremely speculative.' But if Elon Musk's hyperloop is ever built, it could revolutionize transportation and energy.
Corn ethanol has gone a long way to reducing our oil use, Holland writes, but it's gone about as far as it can go due to the 'blend wall.' The next generation of biofuels can pick up the slack, with support from the EPA's Renewable Fuels Standard.
ExxonMobil Canada and Imperial Oil will pay $720 million for 226,000 acres of ConocoPhillips' oil sands property in Canada. The property exists nearly 100 miles to the south of Fort McMurray in Alberta, and entails of ConocoPhillips entire stake in the Clyden oil sands in the Athabasca Region.
Tesla stock (TSLA) soared 17 percent to record highs after a surprisingly good earnings report. Tesla Motors continues to defy expectations, making Tesla stock an intriguing option for many clean tech investors.