Energy

Huge Boost In U.S. Oil Output Set To Transform Global Market

Scott Neuman — Tue, 14 May 2013 20:47:00 +0000

U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets in the coming years, according to a new report out Tuesday by the International Energy Agency.

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U.S. Gas Prices Expected To Remain Low For Summer

Bill Chappell — Sun, 12 May 2013 13:43:00 +0000

Drivers will find this summer's gas prices are lower than last year's, the result of a spike in crude oil production. Government forecasters say a gallon of regular gasoline will cost about $3.50 this summer — a slide of more than 10 cents from last year.

Energy Department analysts say "the regular gasoline price will average $3.53 per gallon over the summer," citing lower crude oil prices.

College Divestment Campaigns Creating Passionate Environmentalists

Elizabeth Shogren — Fri, 10 May 2013 07:16:00 +0000

At about 300 colleges across the country, young activists worried about climate change are borrowing a strategy that students successfully used in decades past. In the 1980s, students enraged about South Africa's racist Apartheid regime got their schools to drop stocks in companies that did business with that government. In the 1990s students pressured their schools to divest in Big Tobacco.

This time, the student activists are targeting a mainstay of the economy: large oil and coal companies.

So far only a few small colleges have opted to drop investments in fossil fuel companies.

Denver Ranked As The Number 3 Oil And Gas City In The World

Erin OToole — Mon, 06 May 2013 17:02:11 +0000

Denver has just been named the third best city in the world for oil and gas -- beating out other well-known oil-producing cities such as Houston.

Drilling In Residential Greeley Becoming A Reality

Jackie Fortier — Sun, 05 May 2013 17:36:45 +0000

We felt, before we saw the trucks outside our KUNC studio Sunday. These seismic trucks have been pounding the pavement around Greeley for the last week in search of oil and gas deposits.