In his penultimate State of the Union address – and first before a Republican-dominated Congress – President Barack Obama declared that the US is ready to “turn the page.” The economic and jobs’ data is promising and America is “ as free from the grip of foreign oil as we’ve been in almost 30 years,” he stated. Unfortunately, just what that next page holds – especially for the energy industry – was left, more or less, to the imagination. Still,...

ForbesWhy Oil Could Pop Up To $70 In The Mid TermForbesThere is a similar phenomenon playing out in the oil sands of Canada, and indeed anywhere that there has been an investment already made in extraction: These wells can and will be made to produce oil at substantially below the all-in cost of that ...

A Word Of Warning About EIA Forecasts

Published - Jan 22, 2015

Put this in the category of things that can't be true, but that are nevertheless affirmed with a straight face: The U.S. Energy Information Administration (EIA), the statistical arm of the U.S. Department of Energy, does not issue forecasts, at least not long run forecasts.So says Howard Gruenspecht, deputy administrator of the EIA, in a letter to Nature, the respected science journal. Gruenspecht was responding to recent coverage of an alleged EIA forecast which paints a rosy picture of U.S....

President Obama has been under intense scrutiny for what he would do about climate change ever since he was elected in 2008. Part of that scrutiny takes place during his State of the Union Speech, when renewable energy proponents search for key words about solar and wind energy and count how often he mentions "climate change."

Reason (blog)Obama: America is No. 1 producer of oil, gasPolitiFactThe United States is on top of the world in terms of energy production, President Barack Obama said during his sixth State of the Union. "We believed we could reduce our dependence on foreign oil and protect our planet," he said during his Jan. 20 address.Obama Claims U.S. "Free from the Grip of Foreign Oil" - No Thanks to Him

ValueWalkTesla Motors Inc Down 13% In 2015; Where Is It Heading?ValueWalkTesla Motors Inc (NASDAQ:TSLA) shares tumbled by over 13% in 2015 after rallying 400% in the past two years. Factors such as falling oil prices and new alternative energy car competition have likely caused shares to drop. One more probable reason could ...

Toyota Motors One-Ups Tesla, Makes Thousands of Royalty-Free Patents ...IPWatchdog.comDuring July of last year we covered a similar announcement by Elon Musk, founder of Tesla Motors, who said that his company would allow others to use their patented technology for free, without charging typical licensing fees. This made about 200 ...

MIT Technology ReviewCan Solar Survive Sunny Days?MIT Technology ReviewNow KIUC is taking a second try with batteries and hoping energy storage technology has progressed sufficiently to keep the same problems from recurring. The new system, installed beside the solar farm nearing completion on Kauai's northeast shore, ...

If I were a newsboy, here's the headline I'd shout out on the street corner this afternoon: "Single-family solar power beats Standard & Poor's 500, in 46 out of 50 American cities!"

Two recent U.S. consumer polls have some good and bad news about how solar energy is perceived today. I’m an optimist, so we’ll start with the good news: According to a recent Harvard poll, 90 percent of Americans want more solar and wind over coal, oil, and nukes, a stat that crosses party lines. Why? The respondents’ reasons are not climate relat

CNNMoneyOil producers caught in a perfect stormCNNMoneyBack in January 2009, as Davos deliberated, President Obama was taking the oath of office, promising to reduce America's dependency on foreign crude oil. Fast forward to 2015 and U.S. shale producers are pumping nearly 4 million barrels a day, more oil ...

Plunging oil prices could kill electric and hyrbid carsRTGas-guzzling cars are gaining favor once again, as low oil prices are cheapening petrol, driving consumers away from more economic and expensive eco-friendly models. Both Brent and West Texas Intermediate crude have fallen below $50 per barrel, ...