Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Malaysia Busts 80+ Lovers in Valentine's Day Raids Muslims face up to two years in jail »

NEWS ABOUT: natural gas

Wind Could Provide All US Power: Feds

Interior Dept. study sees offshore turbines generating energy

(Newser) - Offshore winds are a largely untapped resource that could potentially supply the US with even more electricity than it currently needs, according to a new Interior  Department report. The report says the area off the Atlantic coast could meet more than one-fourth of the national power demand, but the fact... More »

US Drilling Boom Stalls for Oil, Gas

(Newser) - It doesn't pay to drill, baby, drill anymore. Falling world prices have brought an end to the boom in domestic drilling for oil and natural gas, the New York Times reports. Last summer, 2,400 gas and oil rigs were deployed in the hunt for energy. Today, that figure is... More »

AT&T Will Spend $565M to Green its Vehicle Fleet

(Newser) - AT&T pledged to spend $565 million to replace its current vehicle fleet with models that run on alternative fuels, the Detroit Free Press reports. The firm will buy over 15,000 hybrid and natural-gas-powered cars, mainly from Ford. AT&T billed the move as not only environmentally responsible but... More »

Russia, Ukraine Reach Natural Gas Agreement

Russian gas to resume gas exports today

(Newser) - Russian gas will resume flowing into Ukraine’s domestic market today after the two countries settled their frosty dispute, the New York Times reports. As is customary for Western Europe, Kiev will now pay Moscow rates tied to the price of oil, but will receive a 20% discount, unlike Gazprom’... More »

Pickens, Facing Headwinds, Pushes Energy Plan in DC

Falling oil prices, stock market have taken alternative-energy push along for ride

(Newser) - Billionaire T. Boone Pickens is in Washington today to push lawmakers to breathe new life into his scheme for weaning America off foreign oil—which has suffered setbacks in recent months, the Wall Street Journal reports, not least of which are the energy and stock markets. A $100 decline in... More »

EU Strikes Deal to End Russian Gas Freeze

Thousands of eastern Europeans left in the cold by Russia-Ukraine dispute

(Newser) - Gas could be flowing back to a frozen Europe within days after Russian and Ukrainian officials agreed yesterday to an EU-brokered plan to have independent observers monitor pipelines, the Guardian reports. Russia cut off all its gas supplies via Ukraine Wednesday over a pricing dispute, leaving hundreds of thousands scrambling... More »

Russia Halts All Gas to Europe Via Ukraine

Last pipeline shut as shortages spread as far as France

(AP) - Having slowed to a trickle yesterday, Russia today shut off all its gas supplies to Europe through Ukraine, the latest move in a pricing dispute that has affected fuel deliveries to a dozen countries during a winter cold snap. Gazprom, the Russian state gas company, blamed Ukraine for shutting down... More »

Smart Money Trickles Back Into Energy

Those considered sectors 'smart money' see opportunity in sector

(Newser) - The energy sector is recharging, the Wall Street Journal reports, at least if a pair of deals by billionaire oil and gas investor George Kaiser is any indication. Kaiser, who built his fortune buying energy assets during downturns, is jumping back into the market, penning a $412 million natural gas... More »

EU Faces Crisis as Russia Cuts Off Gas

Spat with Ukraine leaves half of continent short of fuel

(Newser) - European nations from Austria to Greece lost most or all of their gas supplies today, as a showdown between Russia and Ukraine imperiled the entire continent. Last night Gazprom, the Russian state gas company, cut its supply by 60% to punish Ukraine for allegedly stealing fuel that should flow through... More »

The Pride of Russia, Tanking Gazprom Seeks Bailout

A symbol of Moscow's resurgence a year ago, the natural gas giant is foundering

(Newser) - Just a year ago, Russian natural gas titan Gazprom was burning through global competition on its way to becoming the world's largest corporation. Now the state-owned darling of investors worldwide is deep in debt and flirting with a government bailout. A symbol of Russia’s resurgence as a global economic... More »

Will Undersea Methane Kill Us or Save Us?

It could be worse than CO2 or viable source of energy

(Newser) - If warnings about undersea methane are true, we can "kiss our winter boots goodbye," Kirsten Weir writes in Salon. In the doomsday scenario, vast stores of undersea gas deposits will melt and send heat-trapping methane into the atmosphere. But such a crisis would require a 10-to-15 degree Celsius... More »

Economy May Tank Palin's $30B Pipeline

Governor's much-touted initiative could be derailed as gas, oil prices fall

(Newser) - A sour economy and tumbling oil prices might sink Sarah Palin’s oft-touted Alaskan natural-gas pipeline, the Wall Street Journal reports. Low prices and increased natural-gas production in the lower 48 are causing energy companies to reconsider the $30 billion project. Without the revenue-generating pipeline, Alaskans who depend on the... More »

Winter Oil Heating Costs to Fall

Demand and energy prices continue to fall

(Newser) - The cost of heating an American home with oil this winter will fall 13%, according to government price forecasts released yesterday. The average heating bill for a typical winter for oil customers will be just under $1,700, reports USA Today. But those who use natural gas for heating—who... More »

Penn Hangs Again With Pal Chavez

Actor and anti-American leader tour natural gas pipeline

(Newser) - Sean Penn is again in Venezuela visiting President Hugo Chavez, the New York Post reports. The two met last year, and the actor calls Chavez—who tends to be critical of the US, to put it mildly—"a fascinating guy," while the prez and equally ardent Bush-hater has... More »

Utah Drivers Fill Up With Cheap Natural Gas

State's drivers corner the market in natural gas cars

(Newser) - Utah drivers are lining up to fill their cars and trucks with natural gas, at the equivalent of just 87 cents a gallon, the New York Times reports. State regulations keeping natural gas cheap have fueled a surge of interest in natural gas vehicles among drivers in the state, who... More »

Drilling Boom Sends Natural Gas Supplies Soaring

Boom raises hope for cheaper prices as reserves expand

(Newser) - The US is ramping up natural gas production in a manner not seen since the post-World War II boom—scoring a nearly 9% increase through the first five months of 2008, reports the New York Times. The drilling boom comes as new technology is able to release gas long believed... More »

As Oil Costs Bubble, Alternative Heating Gets Hot

With home heating oil prices rising, natural gas looks like a better deal

(Newser) - Northeasterners expecting the price of heating oil to hit $4.35 a gallon are creating an avalanche of new business for heating and cooling contractors as they increasingly look to convert from oil heat to natural gas, reports the Wall Street Journal. A conversion to natural gas heat can cost... More »

Pickens' 'Energy Plan' Lacking in Actual Detail

Talk may be cheap, but oilman spending $58M to push empty rhetoric

(Newser) - T. Boone Pickens has plenty of ideas about making the US less dependent on oil, and he has plenty of reasons why. But broad generalizations about using wind power to generate electricity and natural gas to power cars doesn’t offer enough “how-to-get-it-done” detail to make it an actual... More »

Oil, Gas Prices Continue Slide

A glimmer of hope in otherwise gloomy economy as crude prices sink

(Newser) - A dip in the price of energy is providing a welcome respite from an otherwise grim economic picture. Oil, which neared $150 a barrel earlier this month, has dropped $23, or 16%, since July 3; natural gas prices are down 33%. AAA says nationwide gas prices have dropped to $3.... More »

Natural Gas Fuels La. 'Gold Rush'

Untapped deposits create overnight millionaires

(Newser) - The energy crunch is a positive in at least one area, which lies above what may be the largest natural gas supply in the Lower 48. As energy companies buy up real estate, some residents of the south-central US find themselves suddenly flush with money, and some are even becoming... More »

Stories 21 - 40 | << Prev   Next >>
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne