Energy

Budget Battles

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • The massive Big John dragline works to reshape the rocky landscape in some of the last sections to be mined for coal at the Hobet site in Boone County

    Why US Coal Producers Are Having a Very Good Year

    By Tom DiChristopher, CNBC

    U.S. coal exports are rising this year, giving the fossil-fuel friendly Trump administration reason to cheer, but analysts believe the good times won't last. The surge in exports doesn't herald a...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: A sign is painted on a parking space for electric cars inside a car park in Hong Kong

    The Battery Problem That Could Slow the Electric Car Revolution

    By Zandi Shabalala, Reuters

    Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming...

  • A prototype of the Tesla Model 3 is on display in front of the factory during a media tour of the Tesla Gigafactory which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II

    The Great Battery Battle: Tesla Sparks an Arms Race in Energy Storage

    By Ryan Browne, CNBC

    Elon Musk's car company Tesla appears to be leading the "arms race" for lithium-ion batteries — for now. Musk recently announced plans to build the world's biggest lithium-ion battery storage project...

  • Insight: Three years on, Fed keeps BoA-Merrill waiting on commodity trade

    Insight: Three years on, Fed keeps BoA-Merrill waiting on commodity trade

    By David Sheppard, Reuters

    NEW YORK (Reuters) - In May 2010, one of Wall Street's biggest banks went to the Federal Reserve with a seemingly straightforward request: permission to expand its physical commodity operations...

  • U.S. justices appear inclined to uphold affirmative action ban

    By Lawrence Hurley, Reuters

    WASHINGTON (Reuters) - In a potential boost to opponents of affirmative action, the conservative majority on the U.S. Supreme Court appeared inclined on Tuesday to uphold a Michigan law that bans the...

  • U.S. justices to hear challenge to Obama on climate change

    By Valerie Volcovici and Lawrence Hurley, Reuters

    WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday dealt a blow to the Obama administration when it agreed to hear a challenge to part of the U.S. Environmental Protection Agency's first wave...

  • Asian stocks steer through Ukraine woes, dollar up

    Asian stocks steer through Ukraine woes, dollar up

    By Shinichi Saoshiro, Reuters

    TOKYO (Reuters) - Asian shares shrugged off tensions in the Ukraine and followed Wall Street higher on Tuesday, while the dollar held its recent gains against the yen and euro thanks to stronger U.S...

  • Don't expect Iran detente to cool oil markets

    By Elizabeth Rosenberg, Reuters

    WASHINGTON (Reuters) - Signs of a possible resolution to the standoff over Iran's nuclear enrichment program are generating considerable international enthusiasm, especially among oil companies and...