Trump may be good for oil, trouble for renewables
January 1, 2017
U.S. energy producers of all kinds see reasons for optimism as they start 2017, though the incoming Trump administration may spell trouble for some of a greener hue. Among oil drillers, a recent uptick in prices suggests an end to a slump that has persisted since mid-2014, while natural gas, solar and wind energy companies aim to build on their gains in U.S. electric power markets in 2016. Even the struggling nuclear sector can point to victories in New York and Illinois, where unprofitable reactors were saved by state actions last year. That said, here’s a list of some of the most notable energy developments for the U.S. in 2016 — ones that may set the stage for how Americans produce and use energy in 2017. (Read More)
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