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...

  • Tesla Motors Inc Chief Executive Elon Musk poses with a Tesla Model S electric car in Tokyo September 8, 2014. REUTERS/Toru Hanai

    Will Cheaper Oil Burn Tesla?

    By Anthony Mirhaydari

    Some things are simply immutable. It doesn't matter how much we wish things were different. Or how hyped something is. If basic laws are violated, reality comes rushing back in. It looks like that's...

  • Residents ride their electric scooter past a giant Chinese national flag to mark the 65th anniversary of the founding of the People's Republic of China, in Zhengzhou, Henan province October 1, 2014. REUTERS/Stringer

    China Will Benefit Most from OPEC Keeping Oil Flowing

    By Andy Tully, Oilprice.com

    When OPEC decided on Nov. 27 not to reduce production below a nearly 3-year-old cap of 30 million barrels a day, the losers were producers such as the United States , whose boom in shale oil requires...

  • Oil Drop Shifts Billions to Europe, Japan, America

    By STEVEN MUFSON, The Washington Post

    Tumbling oil prices are draining hundreds of billions of dollars from the coffers of oil-rich exporters and oil companies and injecting a much-needed boost for ailing economies in Europe and Japan —...

  • Experts say that even with levels comparable to production on the North Slope of Alaska, the U.S. would remain heavily dependent on Canada, Saudi Arabia, Mexico, Venezuela and other countries for much of its oil supply.

    5-Year-Low Oil Price Plunge Adds Pressure on Putin

    By Rob Garver

    As Americans recovered from Thanksgiving, a battle between the member nations of the Organization of Petroleum Exporting Countries, or OPEC, was resolved — at least for now — in favor of those who...

  • Analysis: U.S. firms may miss out as Saudi nuke plan advances

    How Saudi Arabia Could Spoil Christmas

    By Anthony Mirhaydari

    On Thanksgiving morning, when millions of Americans rise bright and early to start preparing their turkey dinners and draw up their post-meal shopping strategies, Saudi Arabia, the de-facto leader of...