Natural Gas

10:01pm

Tue March 6, 2012
Energy

Is U.S. Energy Independence Finally Within Reach?

Originally published on Wed March 7, 2012 6:17 pm

A worker hangs from an oil derrick near Williston, N.D. The state now produces 500,000 barrels of crude oil per day, and production continues to rise.
Gregory Bull AP

Rising gas prices have been the big energy story of the past several weeks. But many energy experts say that's a sideshow compared with the really big energy event — the huge boom in oil and natural gas production in the U.S. that could help the nation reach the elusive goal of energy independence.

Since the Arab oil embargo of 1973, energy independence has been a Holy Grail for virtually every American president from Richard Nixon to Jimmy Carter to Barack Obama.

But now, it might just be within reach.

The Shale Gale

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2:43am

Fri March 2, 2012
Energy

As Gas Prices Rise, Natural Gas Vehicles Get A Boost

Originally published on Fri March 2, 2012 7:39 am

Bob Davis fills up his airport shuttle van at a natural gas pumping station in College Park, Ga. A growing number of companies are considering converting their vehicle fleets to natural gas.
David Goldman AP

Interest in natural gas vehicles soared in the 1990s and then faded. Twenty years later, the cost of gasoline is going up while the cost of natural gas is going down. And that difference in price explains the resurgent interest in natural gas vehicles.

In Indiana, Fair Oaks Dairy Farm does more than just produce milk — it is also in the transportation business. The farm owns 60 trucks, which deliver milk to a processor halfway across the state. Last September, most of the trucks were converted to natural gas.

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6:49am

Mon February 27, 2012
Your Money

Warm Winter Is Helping Consumers Cope

Originally published on Mon February 27, 2012 12:14 pm

A woman takes in the sunshine while reading in Central Park on Feb. 1 in New York City, where temperatures topped 60 degrees.
Mario Tama Getty Images

The rapidly rising price of gasoline has not stalled the economic recovery — at least not yet. And one reason for that may be found in fields of daffodils.

This year's unusually warm winter has held down heating costs, helping consumers spend less on their monthly utility bills.

"Weather plays a big role" in determining what's left in your checking account as winter wraps up, said Jonathan Cogan, a spokesman for the Energy Information Administration.

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5:03am

Thu January 26, 2012
The Two-Way

President Obama Will Unveil Energy Plans

Originally published on Thu January 26, 2012 6:23 am

President Obama will flesh out the energy goals he laid out during his State of the Union address today. He'll start talking about natural gas in a UPS Facility in Nevada and continue on to the Buckley Air Force base in Aurora, Colo., where the Air Force is installing a one-megawatt solar array.

Reuters reports that in Las Vegas, Obama will propose a tax credit that helps offset the upfront costs of buying natural gas trucks.

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1:53pm

Tue March 29, 2011
Domestic Energy

Review Finds Large Chunk of Oil and Gas Leases Inactive

Department of the Interior

A new report from the U.S. Department of the Interior says more than two-thirds of the nation’s  offshore and half of the onshore oil and gas leases on federal lands are sitting idle.

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