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...

  • North Dakota

    Fracking Outlawed in Texas in Symbolic Vote

    By Marice Richter, Reuters

    Voters approved a ban on hydraulic fracturing in the north Texas town of Denton on Tuesday, making it the first city in the Lone Star State to outlaw the oil and gas extraction technique behind the U...

  • U.S. Senate Minority Leader Mitch McConnell (R-KY) waves to supporters with his wife, former United States Secretary of Labor Elaine Chao, at his midterm election night rally in Louisville, Kentucky, November 4, 2014. REUTERS/John Sommers II

    McConnell rules out 2015 government shutdown, debt default

    By Reuters

    Republicans scored major gains in congressional elections on Tuesday and will have majorities in both houses when the new Congress takes office early in the new year. "We're not going to be shutting...

  • Elliott Associates may sue AbbVie over scuttled deal

    By Svea Herbst-Bayliss, Reuters

    BOSTON (Reuters) - Hedge fund Elliott Associates may take legal action against pharmaceuticals company AbbVie Inc for scuttling a merger deal with Shire Plc. Elliott said in a quarterly letter to...

  • Senior al Qaeda operative killed in U.S. strike in Yemen: sources

    By Mohammed Ghobari, Reuters

    SANAA (Reuters) - A senior al Qaeda leader wanted by the United States and an area commander of its local affiliate, Ansar al-Sharia, were killed in U.S. drone strikes in central Yemen overnight, the...

  • GMO labeling fails in Colorado, Oregon; GMO ban passes in Maui

    By Carey Gillam, Reuters

    (Reuters) - The defeat of twin measures in Oregon and Colorado that would have required labeling of foods made with genetically modified ingredients sets the stage for a battle over the issue in the...