HOUSTON -- A former top OPEC executive said on Monday that President Obama should tap into the Strategic Petroleum Reserve.“It will be a wise decision because it...
Article Context
Former OPEC official to Obama: Tap oil reserves
Malaysia makes a big bet on rare earth metals
KUANTAN, Malaysia — A colossal construction project here could help determine whether the world can break China’s chokehold on the strategic metals crucial to products as...
Energy Department defends Chu from GOP backlash against 2008 gas price remarks
The Energy Department is rebutting GOP claims that 2008 remarks by Steven Chu, who is now Secretary of Energy, reveal a White House desire to see drivers pay more at the...
Inspector faults Energy Department over loan program
WASHINGTON — Poor record-keeping by the Energy Department has made it difficult for managers to document how decisions were reached in its $71 billion loan guarantee...
Biofuel skepticism prompts German summit
The German government has called an emergency fuel summit for Tuesday to try to prevent a consumer backlash against biofuels from snowballing into a full-scale petrol...
Global LED market doubled last year
The global high-brightness LED market doubled last year, jumping from $5.6 billion in 2009 to $10.8 billion in 2010.That marks a 93 percent growth rate, according to...
DOE pursues magnetic-field grid-scale energy storage system
Superconducting magnetic energy storage (SMES) has long been pursued as a large-scale technology because it offers instantaneous energy discharge and a theoretically...
BESC team engineers microbe for direct production of isobutanol from cellulose
Using consolidated bioprocessing, a team of researchers at the US Department of Energy’s BioEnergy Science Center (BESC), led by Dr. James Liao of UCLA, has for the first...
Oil spill environmental review planned for Arctic offshore leases, could delay drilling
ANCHORAGE, Alaska -- Federal officials will study how a "very large oil spill" would affect the ocean off Alaska's northwest coast as part of a...
Ethanol poses dilemma for 2012 GOP field battling for Iowa
The GOP presidential field faces a huge challenge in handling ethanol subsidies in the Tea Party era ahead of Iowa’s first-in-the-nation 2012 caucuses.Corn is king in...
Mideast strife may be an oil boon for Canada
The American Petroleum Institute has been an advocate for Canada's oil sands projects for years, but oil supply worries tied to turmoil in North Africa are coinciding...
Report: Japanese leader to press Obama on gas exports
Japanese Prime Minister Shinzo Abe will ask President Obama to allow U.S. natural gas exports to his country when the two leaders meet at the White House on Friday,...
Obama says oil markets can handle expanded sanctions targeting Iran
The White House, echoing a late March finding, again concluded Monday that global oil markets have enough supplies to accommodate expanded sanctions aimed at curbing...
S.Africa April crude imports from Iran down 43%
JOHANNESBURG, May 31 (Reuters) - South Africa's crude oil imports from Iran fell 43 percent to 286,072 tonnes in April from the previous month, customs data showed on...
India will cut oil imports from Iran by 11%
NEW DELHI — A week after Secretary of State Hillary Rodham Clinton urged New Delhi to reduce its engagement with Tehran, India said it would cut Iranian oil imports by 11...
Obama: 'Loose talk' of war is contributing to high gas prices
President Obama said Monday that "loose talk" of war is contributing to the recent spike in gas prices.“The biggest driver of these high gas prices is...
Environmentalists win big Keystone decision — for now
Liberals and environmentalists are rejoicing tonight over the Obama administration’s decision to delay — or in bureaucratese, “seek further review of” — a proposal to...
Obama takes ownership of Keystone XL pipeline decision
President Barack Obama indicated Tuesday he’ll be making the final call on the proposed Keystone XL oil pipeline that would run from Alberta to Texas.In an interview with...
Clinton: Keystone pipeline review is fair
Secretary of State Hillary Rodham Clinton is defending the State Department’s review of the proposed Keystone XL oil sands pipeline against green group allegations that...
Alaska Sen. says U.S. sale of emergency oil may have violated Iran sanctions
Sen. Lisa Murkowski, R-Alaska, says the U.S. may have violated sanctions against Iran by selling 4 million barrels of its stockpiled oil to the Dutch-Swiss energy trading...
Obama says new task force will examine gas prices
President Barack Obama announced Thursday that the Justice Department is assembling a team to "root out any cases of fraud or manipulation" in oil markets that...
Geithner confident world can deal with oil price spike
Treasury Secretary Timothy F. Geithner expressed confidence Wednesday that the world economy can successfully absorb any spike in oil prices brought on by political unrest...
Koch brothers positioned to benefit heavily if Keystone XL Pipeline is approved
The Keystone XL pipeline, awaiting a thumbs up or down on a presidential permit, would increase the import of heavy oil from Canada's oil sands to the U.S. by as much...














