December 12, 2014 11:52 am
The recent decline in crude oil prices has created the potential for weaker crude oil production. EIA's Drilling Productivity Report (DPR) includes indicators that provide details on the effect low prices may have on tight oil production, which accounts for 56 percent of total U.S. oil production.
December 11, 2014 10:28 am
Despite the environmental risks, because nuclear power can improve a country's fuel balance, increase the share of high-tech products in GDP and exports, and be a potential solution to the problem of greenhouse gas emissions, one Russian nuclear scientist predicts a swath of new plants. Just how many could we see in 15 years?
December 11, 2014 9:57 am
In a report released today, PwC US examines whether shale will continue to help drive a resurgence in U.S. manufacturing. The answer? A resounding yes. The report, titled “Shale Gas: Still a Boon For U.S. Manufacturing?” studied key areas such as cost savings, and estimated that the “shale effect” could save U.S. manufacturing $22.3 billion annually by 2030, assuming a high natural gas recovery and low-price scenario.
December 10, 2014 10:17 am
The chances of natural gas price spikes this winter are low and getting lower by the day. A mostly mild December so far has helped pipeline companies increase the amount of gas in storage, making up for consumption in November when winter got an early start. Those storage levels mean there will be more than enough gas throughout the winter.
December 9, 2014 10:14 am
Scientists work tirelessly to uncover the mysteries of the natural world, from the reasons we binge eat to the best way to wash our hands to coffee. One recent study got us thinking: What other crazy things do we know about coffee thanks to science? Answer: a lot.
December 9, 2014 10:02 am
So far this year gold has held its value relative to silver, copper, oil and two major currencies; the euro and Japanese yen. A confirmed bottom in U.S. dollar price is the first step to better days. It is hard to bet against King Dollar but gold presently has a stronger hand than these commodities. Why?
December 9, 2014 9:53 am
Take one look at an old coal and gas energy site and the content filling Sunday’s “60 Minutes” episode on CBS doesn’t look shocking. It looks par for the course. Duke Energy, both in the episode segment on the Dan River coal ash spill and in media and politics since the spill, has the spotlight on it for problems with industrial waste pollution.
December 8, 2014 12:01 pm
The Iron Curtain foundation plans to turn the Atom Museum near Borovno, the only nuclear ammunition dump open to the public in the world, into an educational center in the wild focused on families, foundation founder Vaclav Vitovec has told CTK. The foundation has been operating the museum, situated in the Brdy former military training grounds, since August 2013. It has loaned the ammunition dump for eight years.
December 8, 2014 10:43 am
Crude oil prices have fallen over 35 percent since the beginning of the year. However, the decline has been more dramatic since September as crude cracked by about 30 percent during this period. The reasons attributed to this crash in oil prices are, first, increased production in non-OPEC (Organization of the Petroleum Exporting Countries) countries, primarily the U.S., and second, the reluctance of OPEC to cut production.
December 8, 2014 10:13 am
He's young, he's got two young kids and he lives to do anything outdoors. Robert Watson Jr., of San Antonio, also runs an oil and gas company, EnerJex Resources, which just moved into Weld County's rich resource plays with a small acquisition of about 4,000 acres.