Petroleum News

Saturday, November 1, 2014

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U.S. Predicts Lower Heating Bills This Winter Due to Weather

U.S. Predicts Lower Heating Bills This Winter Due to Weather

TheStreet (Oct. 7, 2014) — Cooler temperatures should cut heating bills this winter, as few expect the same harsh weather that chilled much of the nation last year. Low temperatures across the Midwest, South and East forced people to use more heat last winter and the price of some fuels soared because of shortages. This year everyone is likely to get a little break on their bills from the weather, and some residents will see substantial price declines too. Heating oil prices are the lowest they've been in four years, and propane prices have fallen far from their peaks last winter. Prices for natural gas and electricity should be higher this winter. But the combined 88% of U.S. households that rely on them for heat should still see lower bills because of lower demand, assuming the weather cooperates. Video provided by TheStreet
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Poland Hopeful Coal's the Future, Not Just the Past

Poland Hopeful Coal's the Future, Not Just the Past

Reuters - Innovations Video Online (Sep. 1, 2014) — Polish scientists and mine directors say they're hopeful that successful experiments with coal gasifying could lead to a greater ability to extract deep lying layers of the fossil fuel, and potentially greener ways of using it in a country where CO2 emissions are already high. Joel Flynn reports. Video provided by Reuters
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Breakingviews: India Coal Strained by Supreme Court Ruling

Breakingviews: India Coal Strained by Supreme Court Ruling

Reuters - Business Video Online (Aug. 26, 2014) — An acute coal shortage is likely to be aggravated as India's supreme court declared government coal allocations illegal, says Breakingviews' Peter Thal Larsen. Video provided by Reuters
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Coal Gas Boom in China Holds Climate Risks

Coal Gas Boom in China Holds Climate Risks

AP (Aug. 22, 2014) — China's energy revolution could do more harm than good for the environment, despite the country's commitment to reducing pollution and curbing its carbon emissions. (Aug. 22) Video provided by AP
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last updated on 2014-11-01 at 2:27 am EDT

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