July 7, 2008

Energy prices may be going through the roof. But some plans to add capacity by building liquefied natural gas (LNG) facilities are being driven under.

Will those efforts thwart America's attempt to expand its energy arsenal? Global markets for LNG are escalating, necessitating more investment in production, transportation and re-gasification. The industry is attracting billions from top tier players that weigh their investment decisions. Risks abound. But the overwhelming demand for new natural gas supplies appears to trump other considerations.

July 2, 2008

Utilities are now in the heat of battle. While they would like to maximize their sales, they must now persuade their customers to save energy. It's a quest that will help defer investments in expensive and contentious infrastructure and in doing so, prevent the release of some harmful emissions.

Instead of investing millions in power plants to meet the 100 or so hours a year when energy demand is highest, utilities are turning to their customers to reduce energy usage during these peak hours. Demand response is giving commercial and industrial concerns more insight into the energy that their facilities consume. By knowing this, they can consume power during those times that are most favorable to the utilities' rate structure.

Energy Efficiency Boom Makes Big Impact on U.S. Efficiency and Creates Jobs, But Remains a Relatively Untapped Resource

It's the U.S. energy boom that no one knows about: Energy efficiency may be the farthest-reaching, least-polluting, and fastest-growing energy success story of the last 50 years. But it also is the most invisible, the least understood, and in serious danger of missing out on needed future investments.

In the first attempt to quantify the overall impact of the hidden U.S. energy efficiency boom, a major new report from the American Council for an Energy-Efficient Economy (ACEEE) shows that U.S. energy consumption (as measured per dollar of economic output) will have been slashed by the end of 2008 to half of what it was in 1970.

By Tom Raum, Associated Press

June 24th, 2008 WASHINGTON — Like two rival filling-station owners across the highway in long-bygone price wars, Democratic Sen. Barack Obama and Republican Sen. John McCain keep putting up flashy signs and offering new incentives in hopes of attracting customers battered by $4 gas prices.

McCain is offering a summer break from the 18.4-cent federal gasoline tax, and holding out the promise of more offshore drilling to help you drive more cheaply to the beach. He wants to build 45 new nuclear reactors to generate electricity. On Monday, he proposed a $300 million government prize to anyone who can develop a superior battery to power cars of the future.

He may even wash your windows.

If you pull into the Obama station, he'll promise you cash back from the windfall-profits tax he plans to slap on Big Oil. Check the tires? How about promises to go after oil-market speculators who help drive up prices as well as big subsidies for solar, wind, ethanol and other alternative-energy projects? The Illinois senator likens his energy package to the Kennedy-era space program.

Oil and gas prices that have doubled in the past year have squeezed aside the war in Iraq as the No. 1 issue this election year and both parties are blaming each other for the price spike -- and for apparent congressional paralysis.