Energy

12:04pm

Tue April 10, 2012
The Two-Way

U.S. Coal Exports Soar To 1991 Heights

Originally published on Tue April 10, 2012 12:05 pm

As U.S. coal consumption has fallen, its exports of coal have risen. Pictured, Midwest Generation's Crawford Generating Station, a coal-fired power plant in Chicago. The city's two coal-fired plants are closing under a deal with city officials and environmental groups.
M. Spencer Green AP

America's reliance on coal to produce electricity has declined by more than 20 percent in recent years — but in 2011, the U.S. exported coal at a rate not seen in 20 years, according to the AP. And much of the new surge in coal exports comes from Asia and Europe.

Here's a rough guide to who's buying America's coal, based on the AP story:

  • South Korea: Up 81 percent to more than 10 million tons.
  • India: Up 65 percent, to 4.5 million tons.
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2:04am

Mon April 2, 2012
Mitt Romney

On Energy Policy, Romney's Emphasis Has Shifted

Originally published on Mon April 2, 2012 9:24 am

Republican presidential candidate Mitt Romney campaigns in Muskego, Wis., on Saturday.
Steven Senne AP

The GOP candidates for president have seized on high gas prices as a line of attack against President Obama, largely saying the answer is more domestic oil drilling.

But GOP front-runner Mitt Romney used to have a position seemingly at odds — at least in emphasis — with what he and the other Republicans are now advocating.

As Massachusetts governor, Romney said high gasoline prices "are probably here to stay," and he advocated policies to cut energy demand.

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6:16am

Tue March 27, 2012

4:48pm

Thu March 22, 2012
It's All Politics

Obama Returns To Oklahoma Talking Oil

President Obama announces support for building an oil pipeline from Oklahoma to Texas, Thursday in Cushing, Okla.
Tom Pennington Getty Images

Thursday marked the first time President Obama has visited Oklahoma since running for the White House in 2008. He didn't win the state four years ago, and he's not expected to carry the traditionally red state this November, either.

But one Oklahoma town took center stage Thursday as Obama wrapped up a two-day tour of four states promoting his energy policy.

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3:04am

Thu March 22, 2012
Energy

What's Making Americans Less Thirsty For Gasoline?

Originally published on Fri March 23, 2012 5:03 am

Growing demand for more fuel-efficient cars and trucks, like these 2009 Dodge Journey crossover vehicles, has helped drive down gasoline consumption in the U.S.
David Zalubowski AP

The price of gasoline keeps rising for Americans, but it's not because of rising demand from consumers.

Since the first Arab oil embargo of the 1970s, the U.S. has struggled to quench a growing appetite for oil and gasoline. Now, that trend is changing.

"When you look at the U.S. oil market, you see that there's actually no growth," says Daniel Yergin, chairman of IHS Cambridge Energy Research Associates.

He says gasoline demand peaked in 2007 and has fallen each year since, even though the economy has begun to recover.

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