Organization of Petroleum-Exporting Countries

The evolution of the American transportation industry took another step forward today when the Obama administration finalized historic fuel economy standards for cars and light-duty trucks.  Starting in 2025, the minimum fuel efficiency for all new models will be 54.5 miles per gallon.

The Keystone XL pipeline proposal has roiled America’s energy industry and environmental community. On the one hand, it could reduce U.S. dependence on oil imports from OPEC nations, but on the other hand, it could pollute some of the most environmentally sensitive areas of our country.

Chesapeake Energy Corporation (NYSE: CHK) said Monday it has launched a new capital investment division, Chesapeake NG Ventures Corporation (CNGV), to which it intends to commit $1 billion over the next 10 years.

Algeria, the gas- and oil-producing northern African nation, plans to invest some US$60 billion on clean energy by 2030 to develop its domestic renewable energy industries and to create policies aimed at driving its progress, according to the country's council of ministers' new energy policy.

Political upheaval in oil producing African and Middle Eastern states could drive the price of gasoline to $5 per gallon this summer in the United States.

Ethanol has its proponents and opponents. It’s important to listen to both sides. Recently a proponent answered some of the criticisms hounding the ethanol industry. Here are some things he said.