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...

  • Nuclear Attack on Wind Turbines—Energy Wars Begin

    By Merrill Goozner, The Fiscal Times

    The nation’s largest nuclear utility is leading a full court lobbying blitz to eliminate subsidies for the wind energy industry, which built 35 percent of new U.S. electricity generation capacity...

  • When Oil Prices Drop in a 'Flash': Is It Real?

    By John Kemp, Reuters

    Monday's sudden dive in oil prices appears more and more unusual with hindsight, and poses questions for traders, regulators and exchanges alike about just who or what caused such a major turnaround...

  • Samsung to add iPhone 5 to U.S. lawsuits vs Apple

    Samsung to add iPhone 5 to U.S. lawsuits vs Apple

    By Miyoung Kim, Reuters

    SEOUL (Reuters) - Samsung Electronics Co plans to add Apple Inc's iPhone 5 to existing patent lawsuits against its U.S. rival, stepping up its legal challenge to Apple as the two smartphone leaders...

  • Elop running out of time to turn Nokia around

    Elop running out of time to turn Nokia around

    By Tarmo Virki and Harro Ten Wolde, Reuters

    HELSINKI/FRANKFURT (Reuters) - Stephen Elop only has a few months to show he can turn Nokia around if he is to survive but the new smartphone is unlikely to woo customers back from Apple and Samsung...

  • A Reverse Robin Hood?

    Bernanke: A Reverse Robin Hood in Middle Class Clothing

    By Liz Peek

    If you’re wondering why the rich are getting richer, ask Mr. Bernanke. President Obama has accused Mitt Romney of being a “reverse Robin Hood” – taking from the poor and giving to the rich...