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...

  • A two-mile Canadian Pacific train loaded with oil tank cars idles on a track in Enderlin, North Dakota, November 14, 2014. REUTERS/Ernest Scheyder

    Why a small North Dakota town is taking on Big Rail

    By Ernest Scheyder, Reuters

    ENDERLIN, N.D. (Reuters) - After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. Unfortunately for the 38-year-old waitress...

  • U.S. takes first step toward fracking disclosure rules

    This Is Where the Real Fracking Money Is

    By James Stafford, Oilprice.com

    When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes...

  • A worker at state-owned Pertamina, the country's main retailer of subsidised fuel, fills a vehicle at a petrol station in Jakarta November 17, 2014. REUTERS/Beawiharta

    Low oil price to boost stocks, deflation risk: James Saft

    By James Saft, Reuters

    (Reuters) - Lower energy prices should stick around, boosting growth and risky assets like stocks but increasing the risks of deflation. Oil prices are already down about 30 percent since June, and...

  • Rosneft Chief Executive Officer Igor Sechin speaks during the Japan-Russia investment forum in Tokyo March 19, 2014. REUTERS/Toru Hanai

    Saudi, Russia pre-OPEC talks yield no oil output cut

    By Alex Lawler and Rania El Gamal, Reuters

    VIENNA (Reuters) - Impromptu talks between Saudi Arabia, fellow OPEC member Venezuela and oil powers Russia and Mexico yielded no agreement on Tuesday on how to address a growing oil glut, ending...

  • Smoke raises behind an Islamic State flag after Iraqi security forces and Shiite fighters took control of Saadiya in Diyala province from Islamist State militants, November 24, 2014. REUTERS/Stringer

    Islamic State fighters battle Iraqi forces near Baiji refinery

    By Reuters

    The renewed fighting in Baiji by the Islamist militants, who control thousands of square miles of territory in Iraq and Syria, appeared aimed at reimposing that stranglehold around the sprawling oil...