One thing that is very clear from political discussions about the burden higher gasoline prices put on US consumers is that there are few on Capitol Hill who are likely to push for higher gasoline prices. But Oregon state representative Earl Blumenauer is going against the grain, with a proposal to phase in a $0.15 per… Keep reading →
The US Department of Energy announced $150 million in clean energy tax credits to 12 companies for investment in domestic manufacturing equipment today at the American Energy and Manufacturing Competitiveness Summit, a joint initiative of the DOE and the Council on Competitiveness. The Advanced Energy Manufacturing Tax Credit program – with $2.3 billion in total… Keep reading →
The latest budget deal struck in congress – which has yet to pass the House and Senate – does not repeal oil and gas industry tax breaks, but would mean an end to the Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Resources Research Program, a public-private partnership seeking to develop technology for harnessing energy… Keep reading →
Starting in the late 1880s, Thomas Edison and Nikola Tesla were embroiled in a battle now known as the War of the Currents. Edison developed direct current — current that runs continually in a single direction, like in a battery or a fuel cell. During the early years of electricity, direct current (shorthanded as DC) was the standard in… Keep reading →
“When I consider this checklist, we’re pretty close.” The U.S. solar industry has come a long way in a very short timeframe. After decades of slow but steady growth, the last 2.5 years have brought an explosion of new installations in America — with two-thirds of all total distributed solar installed since just 2011. By… Keep reading →
New York City’s largest solar facility to be deployed at Freshkills Park will increase the city’s current renewable capacity by 50 percent. On November 25, 2013, Mayor Bloomberg announced NYC’s largest solar energy facility will be installed at Freshkills Park, Staten Island. The 10 MW facility, with potential to generate five times more power than… Keep reading →
In October 2013, exactly 40 years after the 1973 Arab Oil Embargo, the Energy Information Administration (EIA) announced that the US produced more crude oil than it imported. According to EIA, estimated domestic crude oil output averaged 7.7 million barrels per day in October – the highest in 25 years – while oil imports were 7.6.… Keep reading →
Upstream oil and gas capital costs declined in the first nine months of this year, but this likely precedes another move upward, according to consultancy IHS. The cost of building upstream oil and gas facilities dipped slightly – by less than 1% – between the first and third quarters of 2013, representing the first decline… Keep reading →
Apparently Leonardo DiCaprio is gearing up to race electric cars in a new circuit starting up next September in Beijing. The races hope to draw hundreds of thousands of potential electric car buyers who could help alleviate China’s chronic air pollution problems with their environmentally-friendly vehicle purchases. “The glitz and glam surrounding the electric Formula… Keep reading →
Opinion: Shale Gas A Boon to Public Health
By Dana BohanYou’ve probably heard that the United States is experiencing an unprecedented energy boom that is transforming our economy, enhancing our energy security, and creating a manufacturing renaissance — all thanks to hydraulic fracturing and the development of America’s massive oil and natural gas resources. But what you probably haven’t heard is that shale development has… Keep reading →