Citi’s commodities team believes Iraqi oil production is set to explode in the coming years, causing prices to turn downward.
In a massive survey helmed by analyst Edward Morse, Citi’s team projects Brent crude to fall to $99 next year.
One of the main reasons: Iraq’s oil production is poised to reach heights never seen in its history — […]
President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA.
More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of […]
By Bernie Woodall and Paul Lienert and Ben Klayman
Mon Sep 10, 2012 9:47am EDT
(Reuters) - General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn’t a good thing for the automaker’s bottom line.
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing […]
The son of Senate Majority Leader Harry Reid (D-NV), Rory Reid, is the primary representative for ENN Energy Group, a Chinese energy company seeking to build a $5 billion solar panel plant on a 9,000-acre Clark County desert plot in Laughlin, Nevada.
ENN scored big when Clark County commissioners unanimously voted to sell the Chinese company […]
The Las Vegas Review Journal reports today that Amonix, a California-based solar panel company that has received more than $20 million in federal tax credits and grants, has shut down its manufacturing plant in Northern Las Vegas, just 14 months after it opened.
The company, which makes concentrating solar photovoltaic technology, is the latest clean energy casualty of the Obama […]
The New York Times’ Mark Scott is reporting a previously unknown player in the energy industry could be sitting on untapped natural gas deposits that outmatch some Arabian states.
“Up and down the country’s shoreline, Western energy companies, as well as a number of Asian competitors, are drilling wells thousands of feet below the Indian Ocean in hopes […]