US Energy Systems News

Milder weather on tap for later this week and next week after a hot holiday weekend in consuming regions was expected to curb air conditioning loads.

Milder weather on tap for later this week and next week after a hot holiday weekend in consuming regions was expected to curb air conditioning loads.

'It was the best of times; it was the worst of times' - never a truer word spoken for the gas industry.

Editor's note: Fifth in a series profiling the candidates for the U.S. Senate seat being vacated by Maine Republican Olympia Snowe .

Opposition to a drilling technique known as hydraulic fracturing has slowed the development of natural gas in Europe, creating export opportunities for U.S. producers hurt by low prices and a glut of gas at home.

Gas for Friday delivery at Henry Hub NG-W-HH, a key supply point in Louisiana, rose 6 cents to $2.66 per million British thermal units, a new three-month high.

The Senate has voted to extend the life of the National Flood Insurance Program for two months, giving lawmakers time to work on a long-term extension that would seek to restore fiscal solvency to the debt-ridden program.

A federal jury was deliberating Thursday in the trial of a Muslim soldier accused of planning to bomb a Texas restaurant filled with Fort Hood troops and then shoot any survivors.

Baltimore , Death of print , Rocky Mountain News , Seattle Post-Intelligencer , The Baltimore Examiner , The New York Times , The Washington Post , The Wire , US newspaers Interesting project here from Adam Chadwick, a filmmaker and former staffer at The New York Times , who is making a feature-length documentary on the US newspaper industry crisis ... (more)

Palmetto trees, the state tree of South Carolina, frame a gas station sign on Folly Beach, S.C., on Monday, May 21, 2012.

SUNBURY, Pa. - Clean Harbors Inc. senior vice president Scott Metzger pulled into the dirt lot of a once-abandoned factory yard here, past gleaming trucks painted with the Norwell, Mass., company's signature red, and opened the door to the environmental services firm's newest offices.

Engineers work on the drilling platform of the Cuadrilla fracking facility in Preston, England.

Conventional M2 gasoline started at 15.00 cents under July futures and later gained a penny per gallon to 14.00 cents under after the U.S. Energy Information Administration said gasoline stocks in the region fell by 1.6 million barrels last week.

U.S. natural gas futures lost ground early on Wednesday as forecasts for later next week turned milder, despite tighter supply-and-demand fundamentals and warm near-term weather that should force homes and businesses to crank up air-conditioners. Gas prices rallied some 9 percent last week but are down about 4 percent so far this week as investors ... (more)

NYMEX crude for June delivery expired and settled almost 1 percent lower, down for the seventh time in eight sessions.

Energy will likely become one of the main topics of the upcoming presidential election, and the president's stance on coal could very well cost him votes in key coal mining areas like West Virginia, Virginia and Ohio.

Gas prices gained 9 percent last week and were still up 17 percent so far this month, backed by signs that record production was finally slowing while demand was picking up as more electric utilities switch from coal to cheaper gas to generate power.

Thorium is an abundantly-occurring radioactive element that is usable for nuclear reactors.

The shale gas revolution is putting the squeeze on Western Canadian producers, but it's giving local distributors an opportunity to expand their markets as consumers enjoy a windfall from rock-bottom prices.

NEW YORK, May 18, 2012 /PRNewswire/ -- KIWIBOX.COM, Inc. - Kiwibox.com, a New York City based social network, announced that on May 18, 2012, it made the last payment of 1,600,000 Euros to the principals from whom it purchased KWICK!, the popular German social network community, paying a total purchase price of 6,400,000 Euros .