Economy & Business

"The road to the White House could be paved with oil and gas for a trio of Republican presidential hopefuls."

"As the Obama administration and industry groups go to war over the costs of a high-stakes climate rule, the White House has released a new study showing that the benefits of major federal regulations vastly exceed the costs."

"NEW YORK — The world oil market has set up quite nicely for OPEC. Dramatic changes in oil production around the globe are balancing each other out instead of wreaking havoc. This has helped world oil prices stay high enough to provide OPEC countries with robust income, but not so high that they scare customers away from buying more of their precious product."

"Kentucky may be well positioned to meet a carbon emission target for power plants set by federal regulators, even as U.S. Senate candidates there blast the plan, saying it will cripple the state's coal industry."

"Will Russian President Vladimir Putin get richer thanks to a sweetheart government coal deal in Montana? Last month the Treasury Department informed Congress that Mr. Putin personally held an interest in an international oil and gas investment fund called the Gunvor Group, run out of Geneva, Switzerland. Team Putin adamantly denied his involvement, but the Treasury Department insisted it was right."

"Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off."

"Enormous amounts of capital investment — up to $2.5 trillion a year — will be needed to supply the world’s energy needs through 2035, according to a report released Monday by the International Energy Agency, the intergovernmental organization based in Paris."'

"White House adviser John Podesta slammed a U.S. Chamber of Commerce report Wednesday that claimed the administration's coming climate rule on power plants would cost more than $50 billion per year."

"When coal plants close, communities face painful transitions. Debate over one Massachusetts plant shows the local impacts of a national shift to cleaner power."