One of the biggest economic stories relating to U.S. shale development is the rebirth of domestic manufacturing. Abundant and affordable supplies of natural gas and its associated liquids, which manufacturers use as a feedstock for the products they create, have made the United States one of the lowest cost countries in which companies can invest.
California Governor Jerry Brown, preparing the state for development of the largest shale-oil reserves in the U.S., signed into law regulations for hydraulic fracturing, or fracking, a process that has been criticized by environmental groups.
As the Office of Management and Budget reviews U.S. EPA's proposal for 2014 renewable fuel volumes, Congress continues to debate a legislative fix to the policy.
The economic and employment contributions from U.S. unconventional oil and gas production are now being felt throughout the U.S. economy, increasing household incomes, boosting trade and contributing to a new increase in U.S. competitiveness in the world economy, a new study by IHS finds.
Energy-related carbon dioxide (CO2) emissions in 2012 were the lowest in the United States since 1994, at 5.3 billion metric tons of CO2. With the exception of 2010, emissions have declined every year since 2007.
As the Obama administration approaches a decision on the Keystone XL pipeline, a national survey finds broad public support for the project.
The gap in natural gas prices has opened quickly, leaving companies that make investment decisions years in advance scrambling to catch up. As recently as 2007, U.S. natural gas prices were only about 20 percent lower than Europe's, not enough to fundamentally reshape markets.
All along the millions of miles of highways that crisscross North America, wheels are in motion to remake the truck stop.
A draft State Department report concludes that building the Keystone XL pipeline would not speed up development of Canada's oil sands, dealing a blow to environmentalists who claim Keystone would worsen climate change.
More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change.