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...

  • Why Gas Prices Are Set to Drop (Again)

    By Anthony Mirhaydari

    You've heard the adage: If something's too good to be true, it probably is. That's probably how many felt when gasoline prices collapsed nearly 61 percent from their high last summer to the low in...

  • North Dakota’s Oil Boom Leads to Sex Trafficking

    By Michelle Fox, CNBC

    Windie Lazenko is on a crusade to end sex trafficking in North Dakota. While it's an issue that's been around the United States for a while, it's become an "infestation" in the Bakken region after...

  • A man changes the price for a gallon of gasoline at a gas station in Medford, Massachusetts December 4, 2014. REUTERS/Brian Snyder

    Why No One Really Knows Where Oil Prices Are Going

    By Nick Cunningham, Oilprice.com

    Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an...

  • Drilling wells are pictured in Los Angeles, California December 11, 2013. REUTERS/Mario Anzuoni

    Why the U.S. Shale Boom Isn’t Dead

    By Thomas Miller, Oilprice.com

    Have you ever noticed that during extreme economic cycles, when trends are roaring on the upside, or conversely crashing back down to earth, there often appears an air of extremism in news headlines...

  • Saving $1.11 a gallon might not sound like much. But if you're filling up a 20 gallon tank, you could save $22. Do that once a week and you'd save $1,150 a year.

    The $100 a Month Consumer Windfall: What a Gas!

    By Beth Braverman

    The good times may soon be over at the gas pump, as economists expect prices to continue rebounding this year from the record lows Americans have recently enjoyed. Gas prices currently average $2.43...