Moniz: Strategic Petroleum Reserve is too valuable to sell its stockpiles
Forty years after the U.S. created an emergency crude stockpile, it needs modernization to swiftly respond to oil supply disruptions, Energy Secretary Ernest Moniz told senators.
View ArticleDallas jumps Houston as top green power government
The EPA on Monday said the City of Dallas is now the largest local government user of green power in the nation, taking the top spot away from the City of Houston, which still ranks second above the...
View ArticleOil industry throws support behind energy reform bill
In a letter to Senate Majority Leader Mitch McConnell, R-Ky., American Petroleum Institute President Jack Gerard said Thursday his group "strongly supports" the legislation, named the Energy Policy...
View ArticleU.S. power generation hits lowest emission levels since 1993
The Energy Department said Friday that 2015 saw the amount of carbon dioxide emissions from electricity generation total 1,925 million metric tons, the lowest since 1993 and 21 percent below 2005 levels.
View ArticleOil stockpiles build after five weeks
Oil inventories jumped by 4.9 million barrels in the U.S. after five weeks of decreases. The U.S. Department of Energy said the 474 million barrels of oil in storage — excluding the Strategic Petroleum...
View ArticleCrude oil inventory levels unexpectedly fall
The nation’s stockpiles of crude oil and gasoline both dipped slightly in the past week, surprising many estimates that projected an oil inventories build. Crude stockpiles dipped by 600,000 barrels...
View ArticleOil inventories continue to grow after prior week’s record build
The nation’s stockpiles of commercial crude oil jumped by another 2.4 million barrels last week after a record build during the week prior, the Energy Department said Wednesday. Oil prices are down...
View ArticleCrude oil inventories skyrocket
The nation’s crude oil stockpiles took a big jump last week with the addition of 13.8 million barrels of oil in storage, according to the Energy Department. That represents a 2.8 percent increase in...
View ArticleFuel withdrawals offset small crude oil inventories build
The nation’s record-high stockpile of crude oil rose by another 900,000 barrels last week, but that was more than offset by large draw downs in fuel inventories. Gasoline stockpiles fell by 3.7 million...
View ArticleRenewables boom; Total U.S. energy consumption inches up
Total energy consumption in the United States increased slightly last year over 2015, pushed largely by a boom in solar, wind and hydro-electric power, according to the Department of Energy....
View Article
More Pages to Explore .....