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Energy

Home heating oil prices have dropped from record highs

by Samantha Fields
Feb 10, 2023
A milder winter is one reason why. But it's still a significant expense, and applications for assistance are up.
A milder winter means milder demand for home heating oil.
Sean Gallup/Getty Images
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Crypto mining hits a (very) rough patch

by Lily Jamali
Jan 13, 2023
The fall in the price of bitcoin combined with a surge in energy prices have made this a tough year for businesses that mine crypto.
Above, fans cool servers at a bitcoin mining facility in New York. Surges in energy prices have boosted the costs associated with bictoin mining.
Geoff Robins/AFP via Getty Images
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Are we still 30 years away from fusion energy? Some think the timeline's shrinking.

by Andy Uhler
Dec 22, 2022
Last week, the Department of Energy said scientists had ignited a fusion reaction that created more energy than was needed to sustain it. 
U.S. Energy Secretary Jennifer Granholm discusses the breakthrough in nuclear fusion research by scientists at a government lab.
Olivier Douliery/AFP via Getty Images
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Europe steeled itself for high natural gas prices, but now they are falling

by Andy Uhler
Dec 16, 2022
The decrease isn't because Europe is building more pipelines. In fact, you can put much of it down to luck.
Neptune, one of several ships that will serve as a floating storage and regasification unit for Germany, will allow the country to import liquefied natural gas.
Danny Gohlke/AFP via Getty Images
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Germany warned about the danger of becoming economically dependent on China

by Stephen Beard
Dec 1, 2022
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
Chinese President Xi Jinping (R) welcomes German Chancellor Olaf Scholz at the Great Hall of the People in Beijing on November 4, 2022.
Photo by Kay Nietfeld/POOL/AFP via Getty Images
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Coal makes a comeback as Europe tries to avoid an energy emergency

by Lily Jamali
Oct 19, 2022
Analysts say the U.S. coal industry hasn't been able to fully capitalize on the surge in demand
The growing energy crisis in Europe means some countries are turning to coal to produce electricity. Above, coal-fired power plants in Germany.
Andreas Rentz/Getty Images
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Hurricane Ian has many thinking about the resilience of the electric grid

by Andy Uhler
Sep 28, 2022
There's no one-size-fits-all way to make the power infrastructure impervious to natural disasters.
One way to strengthen power grids against extreme weather is to put transmission lines underground. But that can be costly and may not help during storms with heavy rain.
Patrick T. Fallon/AFP via Getty Images
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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

by Lily Jamali
Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images
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Some African countries are benefiting from EU members' search for new energy sources

by ish Mafundikwa
Jul 19, 2022
South Africa has seen a boom in coal exports. But critics say European countries shouldn't keep feeding their coal habit.
The European Union will stop importing Russian coal in August. Above, coal storage for the coal-fired power plant of the German energy supplier Steag in Duisburg, Germany.
Ina Fassbender/AFP via Getty Images
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What does "broad-based" inflation look like down the road?

by Sabri Ben-Achour
Jul 13, 2022
Energy, food and rent were big drivers of the 9.1% inflation reading. Where are those numbers headed?
Food prices were up 10% year over year, according to the Bureau of Labor Statistics.
Angela Weiss/AFP via Getty Images
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