Sustainability

OPEC nations meet this week to discuss cuts to oil production, as prices for crude remain in a slump. Price volatility, changes to car technology, and other major uncertainties are leading to widely divergent views on the future of oil – namely, whether the world will see a peak in demand anytime soon. Click the […]

The Trump administration in its budget proposes to sell off half of the country’s strategic reserve of crude oil. The idea is that putting more than 300 million barrels of energy onto the market could raise more than $16 billion over the course of a decade. Proponents note that the oil market is more open, […]

Saudi Arabia and Russia announced plans to cut their amounts of oil going onto the market. That has suppressed oil prices. The two countries make up a significant part of the oil market, but not that much. So why can a minor cut in supply affect the price worldwide? Because the oil market has something […]

In the words of the president, the so-called “war on coal” is over. One could get that impression on news that coal production ticked up the first quarter, thanks to a cold winter boosting business for all energy. But long-term rival fuels like natural gas and renewables are pushing coal out of the market. And […]

Climate talks are underway in Bonn, Germany, this week starting on Monday. There have been concerns that the new Trump administration may be overly friendly to energy companies at the cost of the environment. Some countries at the talks worry that business has too much influence over delegates, and they are calling for more transparency. Click […]