Oil jumped above $85 a barrel in Asia on Thursday as the dollar weakened slightly following the U.S. Federal Reserve's announcement it will buy $600 billion dollars of Treasurys to stimulate the U.S. economy
SINGAPORE (Reuters) - Oil hovered below $43 on Thursday after tumbling 12 percent overnight, its largest percentage drop in seven years, as a U.S. government report showed crude stocks rose much more than expected in the world's top energy consum
The flight was the first by a US carrier to use an alternative fuel source, and the first in the world to use a twin-engine commercial aircraft (rather than a four-engine plane) to test a biofuel blend.
Researchers at Rensselaer Polytechnic Institute have discovered and demonstrated a new method for overcoming two major hurdles facing solar energy.
First Solar (FSLR) has made it to grid parity, according to at least one analyst. A 12.6-megawatt system installed by First Solar for Sempra Generation showed that the system can produce electricity at below the price of conventional power in the
Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million barrels a day. (If no one is buying...you cut production)
OPEC oil ministers agreed their deepest output cut ever on Wednesday, cutting 2.2 million barrels per day from oil markets in a race to balance supply with rapidly crumbling demand for fuel.