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 […]
A UC Riverside study found that commercially cooked hamburgers cause more air pollution than diesel trucks.
The study, which focused on commercial charbroilers found in burger restaurants, said the equipment generates grease, smoke, water vapors and combustion products, which emit a large amount of particulate matter into the air.
(Excerpt) Read more at losangeles.cbslocal.com
When the third longest river in the world turns red, it’s worth taking a moment to stop and make note of it.
The Yangtze River, the longest in China running through Chongquing, which ABC News describesas “Southwest China’s largest industrial and commercial center,” turned a reddish-orange hue on Thursday.
(Image: ChinaFotoPress/Getty Images)
Officials are looking into the cause of the […]
PITTSBURGH (AP) — In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.
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 […]
NASA: ‘Sun is waking up from a deep slumber’; Warns solar storms may wreak havoc on power grids, GPS, air travel, radio communications
Earth and space are about to come into contact in a way that’s new to human history. To make preparations, authorities in Washington DC are holding a meeting: The Space Weather Enterprise Forum at the National Press Club on June 8th.
Many technologies of the 21st century […]
A Florida beach might get hit with oil from the Deepwater Horizon accident for the first time Wednesday as sheen likely caused by the accident was reported less than 10 miles off Pensacola Beach.A charter boat captain reported the oil Tuesday afternoon and state and local environmental officials confirmed that it was about 9.5 miles […]
STENNIS SPACE CENTER — It could take years — and millions of dollars — before the full impact of the BP oil spill on the Gulf Coast is uncovered, a Hancock County scientist said.
Michael Carron, director of the Northern Gulf Institute at Stennis Space Center, met Wednesday with representatives from Mississippi and Florida institutions of […]
BP executive says the company has yet to stop the oil flowing into the Gulf of Mexico and is considering other ways to plug the leak.
(Excerpt) Read more at nola.com