Home / Author Archives: Maureen McMullen

Author Archives: Maureen McMullen

IEA sees bear oil market as stocks balloon

pump jacks

LONDON, Nov 13 (Reuters) – The world is awash with oil having built record stockpiles in recent months and slowing demand growth combined with resilient non-OPEC supply could worsen the glut well into next year, the International Energy Agency (IEA) said on Friday. “Stockpiles of oil at a record 3 billion barrels are providing world markets with a degree of ...

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Southern Ute Indian tribe works out solar plant deal

DURANGO, Colorado (AP) — The Southern Ute Indian tribe plans to build a solar plant that will power about 10 tribal buildings in the capital of their Colorado reservation. The Durango Herald reports (http://bit.ly/1MNpyWa ) that the tribe recently struck a deal with the La Plata Electric Association, just in time to meet an end-of-the-year deadline to use a $1.5 ...

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Obama climate plan puts squeeze on coal state governor

HELENA, Mont. (AP) — Democratic governors are being squeezed by the mandate in President Barack Obama’s climate change plan to cut carbon-dioxide emissions — perhaps none more than Montana’s Steve Bullock, the one governor in a coal-producing state who faces re-election next year. The Obama plan puts a big target on Bullock’s back as he tries to avoid the fate ...

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PPL’s base electricity rate to decline 17 percent in December

Residential customers who purchase power directly from PPL Electric Utilities rather than shopping for a competitive supplier, will see a 17 percent decrease in the portion of their bill that reflects generation costs in December. The generation rate for residential customers will be reset to 7.878 cents per kilowatt hour, down from the current rate of 9.493 cents. Small business ...

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Cleaning with coconuts: a faster, safer, cheaper response to spills

An innovative mind can detect a resource amongst rubbish and formulate a solution from scraps. Joe Davids spotted an unlikely answer to workplace hazards— coconuts. From baking and cooking to health and beauty remedies, this versatile crop fills a variety of roles on a daily basis. While we often credit products made from coconut palm—the plant’s fruit—for oiling our cooking ...

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Groups seeking comprehensive US review of pipelines

RICHMOND, Va. — Virginia legislators and “clean energy” advocates are seeking a comprehensive review of natural gas pipelines that include two that would be laid from West Virginia and through Virginia. They plan to outline their pitch to the Federal Energy Regulatory Commission on Monday. They argue that the present review is piecemeal. Energy companies are proposing hundreds of miles ...

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Indonesia hopes rejoining OPEC will help ease reliance on oil traders

JAKARTA – Indonesia hopes its return to OPEC in December will bring Asia’s top gasoline importer closer to the world’s main oil producers and ease its reliance on a small group of traders for supplies, the country’s energy minister told Reuters on Monday. The Organization of the Petroleum Exporting Countries is expected to approve Indonesia’s request to reactivate its full ...

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