The Labor Department reported a 0.8 percent rise in consumer prices in July — double the expected rate — sending inflation on its fastest annual pace in 17 years. Continue reading
Presidential hopefuls Sen. Barack Obama, D-Ill., and Sen. John McCain, R-Ariz., continue to spar over energy policy in campaign appearances and television ads. Kwame Holman reports on the latest news from the campaign trail. Continue reading
Following is a transcript of Democratic presidential hopeful Sen. Barack Obama’s Monday energy policy speech, as prepared for delivery in Lansing, Mich., and distributed by his campaign. Continue reading
Following Tuesday’s Pennsylvania primary, Sens. Barack Obama and Hillary Clinton turned their focus to upcoming primaries in Indiana and North Carolina. Clinton seeks to keep her momentum going while Obama looks to clinch the Democratic nomination. Continue reading
Switchgrass, a prairie grass grown on marginal farmland and processed into ethanol, can produce five times more energy than it takes to grow the crop, according to a new study. Continue reading
- My understanding is that it takes .75 gallons of fuel to make one gallon of ethanol. If this is true, why is this fuel source so widely acclaimed as a great idea?
Question/Comment: There are two issues I’d like to see you tackle that I have not seen anyone in the media deal with. The first has to do with the sensibility of ethanol as a renewable fuel source. My understanding is … Continue reading
London-based BP has agreed to pay a total of $373 million in fines for violating regulations tied to a fatal refinery explosion in 2005, operating leaking oil pipelines and engaging in a price-fixing scheme, the government announced Thursday. Continue reading