Tag

natural gas

Article, Energy

Nuclear’s future uncertain as natural gas surges

October 18, 2015

Prospects for a nuclear renaissance in the U.S. suffered another blow last week with the announcement by Entergy that it will shut down its Pilgrim Nuclear Power Station in Plymouth, Mass., by 2019. The New Orleans-based company blamed competition from low-price natural gas as well as state and regional policies that favor gas and renewable energy as the main reasons for its decision to pull the plug on a 680-megawatt plant that can power more than 600,000 homes. (Read more)

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by Bill Loveless
Article, Consumer, Corporations, Economy / Finance, Energy

Oil producers see price slump outlasting recent rally

May 10, 2015

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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by Bill Loveless
Article, Government and Politics, International

Moniz sees progress, but not enough, in energy landscape

April 30, 2015

U.S. Energy Secretary Ernest Moniz is receiving a lot of attention for his involvement in U.S. negotiations with Iran over Tehran’s nuclear program. Helping Secretary of State John Kerry evaluate Iran’s nuclear capability and the potential for an enforceable agreement is undoubtedly one of the weightiest assignments of Moniz’s career. But occurring at the same time for the 70-year-old physicist is a major new report that, until his Iran role, appeared likely to be the crowning achievement of his tenure at the Department of Energy. (Read more)

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by Bill Loveless