"Oil prices reached a fresh one-year high above $75 a barrel Thursday in Asia on a weaker U.S. dollar and growing investor optimism about an economic recovery."
Energy & Fuel
"With 360 days a year of pure, unclouded sun, California's Imperial Valley has the potential to become the Silicon Valley of renewable energy."
"Equipment manufacturers and energy efficiency advocates agreed today on new standards aimed at dramatically reducing energy use in homes."
"The Department of the Interior has frozen oil and gas development on 60 of 77 contested drilling sites in Utah, saying the process of leasing the land was rushed and badly flawed."
"A second-generation scarlet Sea Snake is being prepared to harness the waves of Britain's northern islands to generate electricity."
"Tax credits for making your home more energy efficient got a lot of early buzz. The promise of up to 1500-dollars back for insulation and windows or efficient furnaces led to a flurry of advertising." But something might be stopping people from taking advantage of the tax credits.
Flat-screen TVs can be stunningly energy-inefficient. New California standards could shift manufacturing processes significantly.
"Arab officials in the Persian Gulf strongly denied Tuesday a report that they're in secret talks to replace the U.S. dollar with a basket of currencies to price oil."
"The natural gas industry is moving to disclose information about chemicals used in controversial extraction technologies in the wake of spills at drilling sites in Pennsylvania and as New York is proposing new regulations."