For the last few years, energy independence seemed like a pretty good deal. What we're on the verge of discovering is that much of the production that makes it possible isn't viable in a world of falling oil prices.
Today, the Earth got a little hotter, and a little more crowded. An Inspiring Conversation on Addressing Climate Change National Scientific Adviso...
Remember "Peak Oil?" The world was running out of oil, prices would soon skyrocket, and we had better find other fuels. Well, that argument didn't work out so well for environmentalists, did it? As oil reserves and those of other carbon fuels became scarce and prices rose, the law of supply and demand kicked in. The industry invested the profits from those higher prices in new technologies, and the oil barons found even more destructive ways to extract oil and gas -- by exploiting the muck from tar sands, inventing hydro-fracking, and despoiling Third World sources. So now, oil is cheaper than it's been in years, about $66 a barrel. Regular unleaded gasoline can be had for well under $3 a gallon. One of the few things sustaining U.S. consumer purchasing power in the face of dismal wages is close to $100 billion saved in energy costs. OPEC's pricing power has been broken and the United States is about to surpass Saudi Arabia as the world's largest oil producer.
More Americans travel around the Thanksgiving holiday than during any other time of the year. According to the United States Department of Transportat...
With their longstanding allies now in Senate leadership, big polluters will seek to load up must-pass spending bills with anti-environmental riders and pass stand alone bills to block or overturn hard-fought safeguards.
Turns out, a series of industry developments have put airlines firmly in control of prices, in a way they haven't been in perhaps a generation. As a result, fares may be about to rise even more. Fortunately, that doesn't mean travelers have to overpay for their tickets.
Tuscaloosa Marine Shale's "little problem" reflects a big problem the oil and gas industry faces -- particularly smaller operators involved with hydraulic fracturing ("fracking") -- going forward.
"Enbridge Desperately Seeking Indian Whisperer" is a gentle, humorous approach to a very serious threat to Native culture. The filmmakers pulled off a coup that reveals a side of Indian humor that most whites never see.
Today, the Earth got a little hotter, and a little more crowded. Stephen Colbert takes the Polar Plunge here, highlighting the dim lights who don't ...
Competitively the U.S. is now in a unique global position. It is spending significantly less money abroad to import oil giving its balance of payments a huge boost, and the oil it does import is on the whole cheaper than oil other countries import.
Prompted by the Arab Oil Embargo of the 1970s, the Green Industrial Revolution started to emerge at the end of the 20th century. Initially proclaimed as occurring in northern Europe, it actually began in Japan and South Korea before it emerged in Europe.
The International Energy Agency (IEA) has released its World Energy Outlook (WEO) 2014 report, which for the first time provides energy trend projecti...
Many former Obama administration officials now work as lobbyists or PR professionals on behalf of the LNG exports industry, as do many former Bush administration officials. So too do those with ties to potential 2016 Democratic Party presidential nominee, Hillary Clinton.
This month in Boston, thousands of teachers will gather for the annual National Council for the Social Studies (NCSS) conference. Two non-teachers will be there, too: Charles and David Koch, the notorious right-wing billionaires.
For each modest step forward on climate stabilization, the latest election ensures that Americans are destined to march several steps backward when it comes to reliance on climate-altering fossil fuels. It's a recipe for good times for Big Energy and its congressional supporters and bad times for the rest of us.
Instead of being on the dawn of a new age of plenty, a careful analysis of all available data indicates the probability of near to mid-term trouble even maintaining current levels of production, let alone eliminating the chasm between US production and consumption.