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The U.S. is producing record amounts of natural gas, a fuel widely viewed as cleaner and preferable to coal for electric power generation. But building the infrastructure necessary to bring that fuel to market is increasingly difficult for the industry. (Read More)
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Oil prices have rallied lately, but not enough to persuade producers that a nearly year-old slump will end any time soon. Take Doug Suttles, the president and CEO of Alberta, Canada-based Encana Corp., who was in the midst of transforming his company from primarily natural gas production to oil production when oil prices began to plunge last June. (Read More)
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The U.S. economy may not be benefiting as much as anticipated from the collapse in oil prices over the past 10 months. In fact, for oil-producing states, the decline of some 50% is taking a toll. But one thing seems clear: The nation as a whole is nowhere near as susceptible to sharp swings in oil prices — one way or the other — as it was for decades. That was the message from Jason Furman, the chairman of the White House Council of Economic Advisers and President Obama’s chief economist, at a New York forum held by the Columbia University Center on Global Energy Policy. (Read More)
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Will U.S. electric utilities become obsolete some day? The idea may seem far-fetched given our reliance on massive systems of transmission lines and central power plants that deliver electricity to our homes and businesses. But with the rapid spread of solar panels on residential and business roofs across the country, and the potential for breakthroughs in microgrids, storage systems and other technologies, the business model for electric utilities is coming under scrutiny like never before. (Read More)
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San Antonio is one of the leading cities for solar energy in the United States, with photovoltaic systems on nearly 2,500 roofs and a solar farm in the works that will power the equivalent of 70,000 homes. (Read More)
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John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012, but never went higher. (Read More)
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