In a dramatic shift from previous forecasts, the Energy Department predicted Wednesday that the average price of gasoline in the U.S. will be $2.94 a gallon in 2015. That is a 44-cent drop from an outlook issued just a month ago. More »
Among the allegations is that Illinois’ natural resources regulator didn’t consider scientific studies in its first rules notice, denying the public a chance to address the specific information the agency relied upon to draft the rules. More »
The U.S. shale boom masks threats to global oil supply including Middle East turmoil, conflict in Ukraine and the difficulty of unconventional oil production beyond North America, the International Energy Agency said.
More than half of the 200 or so cyber-attacks reported to the Department of Homeland Security’s industrial control systems emergency response team have targeted energy companies, and and economic espionage cases have more than doubled in the last 18 months. More »
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