Oil shale hits roadblock in Senate
A U.S. Senate panel upheld a more cautious approach toward oil shale development in Colorado on Thursday when it narrowly rejected Sen. Wayne Allard's attempt to lift a moratorium on enacting new rules for commercial leases.
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A $3 trillion climate change battle
A climate-change bill that has widespread support as it heads to the Senate floor will create an estimated $150 billion of new assets in the first year it takes effect. Between now and 2050, regulating greenhouse gases could easily generate $3 trillion worth in value in the United States.
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EDITORIAL: Wind ($23.37) v. gas (25 cents)
Congress seems ready to spend billions on a new "Manhattan Project" for green energy, or at least the political class really, really likes talking about one. But maybe we should look at what our energy subsidy dollars are buying now. More...
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Big oil now seeing green
Big oil companies are spending hundreds of millions of dollars to research and develop alternative and renewable power sources — not only as part of the green movement, but with serious hopes of cashing in when the technologies are broadly commercialized.
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The truth about oil
Contrary to the conventional wisdom, mankind’s oil supplies are not getting depleted, but they keep continually expanding. More...
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EDITORIAL: The biofuels backlash
St. Jude is the patron saint of lost causes, and for 30 years we invoked his name as we opposed ethanol subsidies. So imagine our great, pleasant surprise to see that the world is suddenly awakening to the folly of subsidized biofuels.
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An in-depth approach to drilling
Nonexistent just three decades ago, oil production in the deep waters of the Gulf of Mexico now accounts for nearly three-fourths of the offshore region's crude output and has become a vital piece of the nation's energy supply, according to a government report.
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Race to algae-based biodiesel heats up
Can the lowly algae ease a growing food-versus-fuel debate? A growing number of start-ups are betting against the dominant biofuel crops - corn and soy - and looking to sidestep the backlash against biofuels, which are being blamed in part for higher food prices and deforestation around the world.
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High food prices not going away soon: feds
The Agriculture Department's chief economist told Congress that prices for corn and other food commodities will remain at "historically high levels" in coming years as the U.S. ethanol industry expands.
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Homeowners face fight over wind turbines
Two wind turbines stand on a bluff overlooking the Colorado River, their propellers whirling as they harvest energy from a relentless desert breeze. Jill and Larry Endline generate electricity with the turbines to power their nearby house, and they see it as a smart economic and environmental investment.
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