For one writer the answer is yes. Switching to LEDs can mean the demise of nuclear power plants in the U.S., according to Michael Kanellos, a contributor for Forbes. Kanellos reasoned nuclear power plants only generate 19 percent of ...
Tags: LEDs, Nuclear Power Plants
Oil prices were little changed Monday as traders awaited U.S. crude inventories data for last week. Energy Information Administration (EIA), the Energy Department' s statistical arm, will on Wednesday release its report covering U. S. ...
Tags: Oil, Metallurgy, Mineral, Energy
U.S. crude-oil futures dropped to a four-month low Wednesday after government data showed inventories rose more than expected last week. The Energy Information Administration said crude oil stocks rose by 4.1 million barrels, compared ...
Tags: crude oil, Oil, Metallurgy, Mineral, Energy
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
US propane and propylene stocks fell 533,000 barrels to 65.97 million barrels for the reporting week ended October 18, data from the Energy Information Administration showed Wednesday. The change in stocks was in line with market ...
Booming diesel-fuel use in Europe and Latin America is paying off for U.S. drivers, as gasoline prices fall to a nine-month low. October supplies of gasoline are at a three-year high for that month, but refiners are still running at high ...
Tags: Metallurgy, Mineral, Energy, diesel-fuel
US propane and propylene stocks increased 26,000 barrels to 66.50 million barrels for the week ended October 11, data from the Energy Information Administration showed Monday. Propane market participants had been expecting stocks to show ...
Media reports of China surpassing the United States as the world's biggest oil importer as shown by data from a U.S. government agency were somewhat overrated, experts said. Recently published data by the U.S. Energy Information ...
Chicago Argo ethanol was assessed Monday at a two-week high of $2.07/gal amid stronger corn futures and tight ethanol supply, sources said. Specifically, the Chicago Argo ethanol assessment rose 1.5 cents from Friday to the highest level ...
Tags: Agriculture, Food, tight ethanol, corn
The US federal government has shut many services after failing to pass a spending bill, something that has implications for the highly regulated oil and gas sector. On Friday, talks between House Republicans and President Barack Obama ...
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks
Among other inconveniences, Washington's shutdown could make it harder to keep track of what is going on in a place just over 1,000 miles away from it: Cushing, Okla. Cushing, where several major pipelines meet, is where oil futures are ...
Tags: Oil Prices, Mineral
Oil prices declined Wednesday as a government report showed US crude supplies grew last year by the most in a year. The Energy Information Administration (EIA) said US crude supplies increased by 6.8 million barrels to 370.5 million ...
Tags: Oil Prices, Ample Supplies
The national average retail price of regular gasoline fell 5.8 cents to $3.367 a gallon in the week ended Monday, the Energy Information Administration said. Prices were at their lowest level since Jan. 28 for a second straight week. ...
Tags: Gasoline Price, Gasoline
World oil demand will rise by 1.1% this year to 90.26 million barrels a day, with gains coming from countries outside of the major industrialized nations, a U.S. government forecast said Tuesday. The Energy Information Administration said ...
Tags: Oil Demand, Oil Use