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...

  • Americans Spending More of Their Paychecks at the Pump

    By Brianna Ehley, The Fiscal Times

    A new report released today by the U.S. Energy Information Administration shows the average American Household spent $2,912, or just under 4 percent of his or her annual income before taxes, on...

  • Are Electric Cars Running Out of Juice Again?

    By Reuters

    Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time and may never be...

  • Three bodies found at Mexico Pemex blast site, toll reaches 36

    Three bodies found at Mexico Pemex blast site, toll reaches 36

    By Michael O'Boyle, Reuters

    MEXICO CITY (Reuters) - Mexican rescue workers found three more bodies over the weekend amid the rubble of a deadly blast that tore through state oil firm Pemex's main office complex, the government...

  • Biden raises possibility of direct U.S.-Iran talks

    Biden raises possibility of direct U.S.-Iran talks

    By Adrian Croft and Myra MacDonald, Reuters

    MUNICH (Reuters) - The United States is ready for direct talks with Iran if it is serious about negotiations, Vice President Joe Biden said on Saturday, backing bilateral contact many see as crucial...

  • Mexico probes if blast was attack or accident, 33 dead

    Mexico probes if blast was attack or accident, 33 dead

    By Gabriel Stargardter and David Alire Garcia, Reuters

    MEXICO CITY (Reuters) - Mexico's government vowed on Friday to find out whether an explosion that killed 33 people at the headquarters of its state-run oil monopoly Pemex was a deliberate attack or...