While Margaret Thatcher was reforming Britain's economy, new oil discoveries in the North Sea were turning the nation into an energy powerhouse. The surge in resources and employment softened the oil-price shocks of the late 1970s and helped Prime Minister Thatcher pull the country out of economic stagnation.
Alberta is considering new rules that would require the oil industry to cut greenhouse gas emissions tied to oil sands production by as much as 40 percent per barrel, Graeber writes. The measure may be part of the government's push to allay Washington's concerns about the Keystone XL pipeline.
Oil industry veteran John Nelson talks to OilPrice.com about the developing interest in Tunisia's energy resources. New bid rounds and forced relinquishments have created an opportunity for new companies to take interest in Tunisia's oil resources.
To manage energy supplies and climate change risks, the United States has done little in terms of policy that makes sense given the gravity of the climate change challenges it and the world face, Cobb writes.
The renewable energy industry is apparently becoming a favorite playground for the underworld, Alic writes. Lucrative government subsidies for the construction of wind farms and a fairly lax regulatory system have made renewable energy attractive to the Mafia.
As long as construction starts before year-end, wind and geothermal properties are eligible for the Production Tax Credit. The problem, Hinckley writes, is no one is exactly sure what it means to begin construction.
As tax day 2013 approaches, look for tax savings from energy efficiency. Energy-saving appliances are more prevalent than ever. Making your home more energy efficient can generate tax credits come tax day.
The $20 per barrel gap between Brent crude and West Texas Intermediate crude has closed to $13 to $14 a barrel. WTI prices are moving up, but forces pushing energy prices up may be weakening.
BP will sell its US wind energy assets as part of a strategy to focus on oil and gas. It also forms part of the program to raise $38 billion from assets sales in order to cover the costs that BP is facing from the fallout of the 2010 Deepwater Horizon spill in the Gulf of Mexico, Peixe writes.
The Keystone XL pipeline draws support from two-thirds of Americans, according to a new Pew poll. Activists plan protest at Obama fundraiser in San Francisco as they press on with efforts to block the Keystone XL pipeline.
Semi-autonomous driving is already here, Alic writes, and the future will clearly see self-driving and an increase in fuel efficiency. According to Germany’s Continental tech supplier, we’re looking at fully automated driving by 2025.
March car sales showed growth in electric vehicles, with a dramatic jump in Nissan Leaf sales. March 2013 will probably be one of the best months ever for the electric vehicle industry, although it's still a small sliver of the automotive market.