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Energy Department

Sen. Lisa Murkowski, R-Alaska, and Assistant Energy Secretary Christopher Smith tour the Bayou Choctaw oil reserve site near Baton Rouge, La. The facility, part of the nation's Strategic Petroleum Reserve, holds about 73 million barrels of crude in underground salt caverns. (Photo: Energy Department)

Strategic Petroleum Reserve shouldn’t be used to fill federal coffers, Murkowski says

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Congress should not use the nation’s emergency oil stockpile as an ATM, with sales of the crude funding unrelated legislative priorities, Sen. Lisa Murkowski said as she toured one of the Louisiana sites that makes up the United States’ Strategic Petroleum Reserve.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

How much oil does Texas really produce? The EIA now says it has a better way to count

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The goal is to arrive at data that can better track how Texas’ production is responding to the volatile price swings on the crude oil markets, said Gary Long, a petroleum engineer at the EIA who works on production data.
(AP Photo/Matthew Brown, File)

Natural gas surpasses coal as biggest U.S. electricity source

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Power companies have been installing more natural gas turbines at plants, with new regulations that restrict the emission of greenhouse gasses has added new pressure to make the switch.
A drilling rig under contract to Shell arrives in Port Angeles, Washington en route to Alaska's Chukchi Sea, where Shell hopes to drill this summer. (Daniella Beccaria/seattlepi.com via AP, File) MAGS OUT; NO SALES; SEATTLE TIMES OUT; TV OUT; MANDATORY CREDIT

Environmentalists say Arctic drilling report goes too easy on oil industry

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Because oil industry representatives played the lead role shaping a sweeping report on Arctic drilling, critics say regulators should take its recommendations with a grain of salt.
Ernest Moniz Sec. of Energy United States during the IHS Energy CERAWeek Wednesday April 22, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

Moniz says Strategic Petroleum Reserve could be tapped to control price shocks

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Moniz said rising U.S. crude production gives the nation more flexibility in how it uses the reserve, created four decades ago in response to supply shortfalls caused by the Arab oil embargo. The four underground salt caverns can hold more than 700 million barrels of oil.
(Shane Bevel/Bloomberg News)

Crude oil inventories fall again, but production jumps

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U.S. commercial stores of crude oil fell by another 2.8 million barrels to a total of 479.4 million barrels for the week ending May 22, according to data collected by the U.S. Energy Information Administration.
Energy Secretary Ernest Moniz (AP Photo/Pablo Martinez Monsivais)

Energy Department: The U.S. energy grid needs $15 billion in upgrades

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Severe weather is the leading cause of power disruptions, costing the U.S. economy from $18 billion to $33 billion a year, and climate change will only make it worse, a White House review on energy infrastructure concludes.
(Photo by Justin Sullivan/Getty Images)

Energy Department to spend $200 million on new supercomputer

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The goal is to build a supercomputer that will help the U.S. compete internationally with other next-generation computing efforts and ensure the United States’ economic and national security, agency officials said.
Energy Secretary Ernest Moniz (AP Photo/Pablo Martinez Monsivais)

Energy secretary calls Iran nuke deal a “forever agreement”

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Under the agreement, Energy Secretary Ernest Moniz said all plutonium created as a byproduct of Iran’s nuclear power production would be sent out of the country so it couldn’t be used to make weapons.
(Bill Montgomery/Houston Chronicle)

Senate approves long-delayed bill to boost energy efficiency

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The Senate bill was co-sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Rob Portman of Ohio. A similar bill was defeated last year after it became enmeshed in a partisan fight over the Keystone XL oil pipeline.