All Environment
Watch out: WTI-Brent spread is narrowingThe $20 per barrel gap between Brent crude and West Texas Intermediate crude has closed to $13 to $14 a barrel. WTI prices are moving up, but forces pushing energy prices up may be weakening. 聽
Californians support coal despite LA plan to ban itCalifornian support for clean coal power聽is in stark contrast to Los Angeles Mayor Antonio Villaraigosa's plan to remove coal from the city's electricity mix by the year 2025, Tracey writes.
BP to sell US wind assets, renew focus on petroleumBP will sell its US wind energy assets as part of a strategy to focus on oil and gas.聽It also forms part of the program to raise $38 billion from assets sales in order to cover the costs that BP is facing from the fallout of the 2010 Deepwater Horizon spill in the Gulf of Mexico, Peixe writes.
Despite public support for Keystone XL pipeline, activists step up criticismThe Keystone XL pipeline draws support from two-thirds of Americans, according to a new Pew poll. Activists plan protest at Obama fundraiser in San Francisco as they press on with efforts to block the Keystone XL pipeline.
How much is a nuclear program worth? For Iran, well over $100 billion.According to a new report, keeping Iran's condemned nuclear program going has already cost Tehran more than $100 billion in lost oil revenue and foreign investments alone.
The future of fuel-efficient, self-driving carsSemi-autonomous driving is already here, Alic writes, and the future will clearly see self-driving and an increase in fuel efficiency. According to Germany鈥檚 Continental tech supplier, we鈥檙e looking at fully automated driving by 2025.聽
For Keystone XL foes, oozing Canadian crude in Arkansas spill is black goldThousands of barrels of Canadian crude spilled from an ExxonMobil pipeline in Arkansas Friday. Opponents of the proposed Keystone XL say the black goo in backyards makes their case.
Nissan Leaf sales soar in record month for plug-in carsMarch car sales showed growth in electric vehicles, with a dramatic jump in Nissan Leaf sales. March 2013 will probably be one of the best months ever for the electric vehicle industry, although it's still a small sliver of the automotive market.
What does the ExxonMobil spill mean for the Keystone XL pipeline?The ExxonMobil pipeline spill聽accident comes roughly two weeks before State Department officials head to Nebraska to vet public comments on the Keystone XL pipeline. How will the ExxonMobil spill in Arkansas impact the Keystone XL pipeline debate?
Lake Erie: big algae problems, more to comeLake Erie's huge algae bloom in 2011 covered nearly a fifth of the lake. A new report says warming climate and modern farming are creating ideal conditions for big algae blooms to clog Lake Erie. 聽- Lake Erie: big algae problems, more to comeLake Erie's huge algae bloom in 2011 covered nearly a fifth of the lake. A new report says warming climate and modern farming are creating ideal conditions for big algae blooms to clog Lake Erie. 聽
Tesla Motors expects first profit; Fisker Automotive eyes bankruptcyTesla Motors announced late Sunday it exceded its sales target for its Model S electric car and expects to record a profit for the first time in the company's history. Meanwhile, its biggest luxury electric-car competitor, Fisker Automotive, is exploring filing for bankruptcy.
Oil supermajor drops out of Canadian tar sands projectTotal SA, a French oil supermajor, will sell its 49 percent stake in a Canadian oil sands project. The sale聽raises questions about whether the controversial Keystone XL pipeline project is really in the US鈥� interests, Alic writes.
Spread of Antarctic ice: no longer a global warming paradox?While Arctic ice shrinks to record lows, Antarctic ice has been increasing in winter. New study suggests summer melt in Antarctic is creating a surface layer of freshwater that freezes more readily in winter.聽
How high oil prices lead to financial collapseFinancial collapse is related to high oil prices, Tverberg writes, and also to higher costs for other resources as we approach their limits.
Clean fuel regulations: EPA, oil industry vie over effect on gas pricesEPA on Friday proposed new regulations to require refineries to make cleaner gasoline. The cost? EPA says less than a penny a gallon. Oil industry says nine cents a gallon 鈥� and higher gas prices.
Where do you stand on fracking?Few topics in the energy sector generate more debate than the relative merits and demerits of fracking, Stuebi writes.聽
EPA further limits sulfur. Will higher gas prices follow?The Environmental Protection Agency announced new standards on sulfur in gasoline Friday that many say will lead eventually to a hike in gas prices. The EPA expects a 1 cent per gallon increase; industry says it will be much more.
Pipelines can't keep up with North American oil boomThe oil boom in North Dakota and Western Canada is overwhelming pipeline capacity, Graeber writes. Shipping more oil by rail could help ease the glut.
IMF: End energy subsidiesGlobal energy subsidies reinforce inequality by benefiting the wealthiest, largest consumers of energy, the International Monetary Fund says in a new report. But eliminating them is politically difficult, especially in times of economic hardship.
