Author Archive: staff

In Bankruptcy Reorganization, U.S. Coal Giant Alpha Is Overstating Cash Flows by $100 Million, Regulators Say

Taylor Kuykendall for SNL: West Virginia regulators admonished Alpha Natural Resources Inc. for a five-year business projection that overstated “cash flows by a whopping $100 million.” The West Virginia Department of Environmental Protection noted it would not challenge a settlement resolving the shortfall between Alpha and Contura Energy Inc., the entity formed from the bankruptcy […]

Read More →

North Dakota Oil Production Falls

Daniel J. Graeber for UPI: A regulator in North Dakota said low oil prices were in part behind the decline in crude oil production, last reported at its lowest level since early 2014. The North Dakota Industrial Commission reported crude oil production in September, the last full month for which it has data, at 971,658 […]

Read More →

Op-Ed: The Coal Industry Isn’t Coming Back

Michael E. Webber for the New York Times: Many in Appalachia and other coal-mining regions believe that President Obama’s supposed war on coal caused a steep decline in the industry’s fortunes. But coal’s struggles to compete are caused by cheap natural gas, cheap renewables, air-quality regulations that got their start in the George W. Bush […]

Read More →

On the Blogs: Across U.S., Bipartisan, Grass-Roots Support for Renewables

Dave Roberts for Vox: There are many things that divide Americans, but they are generally united on the benefits of making money. Even as the (small and shrinking) number of coal jobs gets endless media attention, renewable energy has scaled up to become a serious employer in the US. And it’s happening in places far […]

Read More →

‘Ironically,’ Dakota Access Pipeline Risks Defeat by Low Prices and Oil Infrastructure Glut

Chris White for the Daily Caller: The Dakota Access Pipeline is at risk of becoming an abandoned project due to historically low oil prices, according to a report published Wednesday by an energy research firm. The report, “The High-Risk Financing Behind the Dakota Access Pipeline: A Potential Stranded Asset in the Bakken Region of North […]

Read More →

China and India Will Step in Wherever U.S. Renewable Investment Slips

Maria Gallucci for Mashable: China and India stand to benefit if America’s progress on clean energy slips under President-elect Donald Trump, energy experts say. Trump has vowed to gut U.S. climate policies that favor wind, solar and other lower-emissions technologies and instead revive the struggling coal sector. But the world’s energy market is moving in […]

Read More →

North Dakota Project Stands to Add to Pipeline Glut

Daniel J. Graeber for UPI: If the pipeline isn’t completed by Jan. 1, the project consortium may have to revisit some of the contracts for shipping oil through the 1,110-mile pipeline. The institute said further that crude oil prices being about 50 percent lower than they were at the height of the U.S. shale era […]

Read More →

Renewables Are a Winner in Global Energy Transition; Coal Is the Loser

John Schwartz for the New York Times: The annual report of the I.E.A., which is based in Paris, noted that renewable energy was booming, with more capacity added in 2015 than for coal, oil and nuclear power combined. Still, fossil fuels will have a substantial role to play in the global energy mix for many […]

Read More →

On the Blogs: Trump’s ‘Empty Rhetoric’ on Coal Markets

Andy Roberts for CleanTechnica.com: While Trump means to help, he may not have the means to help. A divided U.S. citizenry is similarly reflected in its divided government, leaving the president just one reliable tool in his arsenal — sole executive action. But while executive action is a tool often used by presidents, it is […]

Read More →

Wall Street Coal Analysts Skeptical of Comeback

Bill Holland for SNL Beta: Despite his campaign promises, Donald Trump will not be able to revive the U.S. coal industry absent a sharp spike in natural gas prices, as he loosens environmental regulations on oil and gas pipelines, a pair of analysts have been telling their clients since the election. Trump’s plan to loosen […]

Read More →