Gulf Coast Urban Spectrum

Energy

Omicron Could Finally Bring Relief To The Pump

By: Daniel James Graeber

By Daniel James Graeber There may be finally some good news for U.S. motorists as gasoline supply catches up with demand just as the Omicron variant of the coronavirus is hammering commodity prices, analysts said. On Tuesday, motor club AAA listed a national average retail price of $3.39 for a...

By: Martin M Barillas

By Martin M Barillas Two scientists have harnessed strains of bacteria that feast on glucose (a type of sugar) and turn it into olefins, a type of hydrocarbon that is a component of gasoline, posing the possibility of a new way to fuel vehicles. “Making biofuels from renewable resources like...

By: Brian Blum

By Brian Blum An October oil spill off the coast of Huntington Beach, California, drove home the ongoing potential for ecological disasters stemming from leaky, malfunctioning, corroded and sometimes even sabotaged oil and gas pipelines. The answer to preventing leaks and spills is constant monitoring. But keeping your eyes on...

By: Daniel James Graeber

By Daniel James Graeber Federal data on storage levels of crude oil and refined petroleum products indicate a healthy economy, some analysts said. The U.S. Energy Information Administration, part of the Energy Department, publishes weekly data on commercial storage levels of fossil fuels, including gasoline. Gains usually indicate that demand...

By: Daniel James Graeber

By Daniel James Graeber Retail gasoline prices are moving lower in some parts of the country, but don’t expect the announcement to tap strategic reserves to work any long-term magic, analysts said. Motor club AAA listed a national average retail price of $3.40 per gallon of regular unleaded for Tuesday....

By: Naama Barak

By Naama Barak Israeli renewable energy company HomeBiogas, whose system converts organic waste into clean cooking gas and biofertilizer, recently won a United Nations tender to supply refugee camps in several African countries. HomeBiogas products channel food leftovers or toilet waste into a tank where bacteria digest and convert them...

By: Daniel James Graeber

By Daniel James Graeber A weekly report on U.S. inventories of crude oil and refined petroleum products should have supported an uptick in crude oil prices, but analysts said market sentiment seems to have turned sour. The U.S. Energy Information Administration publishes weekly data on commercial storage levels of crude...

By: Daniel James Graeber

By Daniel James Graeber Supply-side issues are keeping retail gasoline prices elevated, though the upcoming Thanksgiving travel period could determine the level of consumer frustration, analysts said. Motor club AAA listed a national average price of $3.41 for a gallon of regular unleaded for Tuesday, just a tiny fraction of...

By: Abigail Klein Leichman

By Abigail Klein Leichman Storing solar energy between sunset and sunrise is a huge challenge. Nostromo Energy decided to meet that challenge by using an unlikely substance: water. Installed on the roof, basement or walls of commercial and industrial buildings, Nostromo’s modular IceBrick stores energy in ice capsules and directs...

By: Daniel James Graeber

By Daniel James Graeber Crude oil prices lost ground during the Wednesday session, with overtures on controlling U.S. inflation overshadowing some usual market movers for the day. West Texas Intermediate, the U.S. benchmark for the price of crude oil, closed trading Wednesday at $81.34 per barrel, a 3.3 percent decline...

By: Daniel James Graeber

By Daniel James Graeber Higher retail prices for gasoline remain a top issue for the White House, though analysts told Zenger they have not seen much of an impact on demand yet. Travel club AAA reported a national average retail price of $3.42 for a gallon of regular unleaded on...

By: Daniel James Graeber

By Daniel James Graeber Crude oil prices posted wide swings on Thursday after OPEC and its allies stood firm on production levels, one day after analysts noted U.S. crude oil production was on the rise. Members of the Organization of the Petroleum Exporting Countries and their allies, a group known...

By: Daniel James Graeber

By Daniel James Graeber The price at the gasoline pump is not expected to move substantially lower any time soon, though analysts told Zenger they can’t rule out some big ups and downs in the future. Travel club AAA listed a national average retail price of approximately $3.40 for a...

By: Daniel James Graeber

By Daniel James Graeber Recent movements in crude oil prices have been less about supply and demand indicators and more about concerns surrounding the continuing COVID-19 pandemic and changing U.S. Federal Reserve policy, analysts told Zenger. U.S. crude oil prices on Wednesday moved between minor losses and gains of more...

By: Terry Alan Lane

By Terry Alan Lane California, sometimes forced into rolling blackouts due its residents’ and businesses’ tremendous thirst for energy, is nonetheless unable to capitalize on more than a million megawatts of solar and wind power it generates. To address shortfalls in managing America’s growing renewable energy production, government reports show...

By: Zenger News Desk

By Zenger News Desk WASHINGTON — Volcanoes are nature’s built-in mechanism to stabilize temperatures on the surface of the Earth as they both emit and remove the heat-trapping gas carbon dioxide over geological time, according to a new study. The findings of the study were published in the journal “Nature Geoscience.”...

By: Daniel James Graeber

By Daniel James Graeber A rebound in global crude oil prices has delayed expected relief at the gas pump for U.S. motorists, and price drops may now be a month away, analysts told Zenger. Travel club AAA lists a nationwide average retail price of $3.15 for a gallon of regular...

By: Martin M Barillas

By Martin M Barillas Hundreds of uranium cubes from Nazi Germany’s disrupted nuclear program were lost after World War II, and researchers are developing methods to identify them when they turn up. American researchers are reporting that new detection methods can confirm the origin of cubes of uranium that Nazi...