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"Oil, the lifeblood of many countries that produce and sell it, appears to be rapidly turning into an ever-cheaper economic curse. A year ago, the international price per barrel of oil was about $103. By Monday, the price was about $42, roughly 6 percent lower than on Friday."
"President Obama came to Las Vegas Monday to throw his weight behind the booming solar energy industry in its recent political struggles, and to announce a bevy of initiatives to promote clean-energy growth in America’s homes and on its rooftops. It was the first stop in a climate and energy-focused tour that will also take the president to New Orleans and Arctic Alaska this month."
"HOUSTON — With oil prices collapsing and companies in retrenchment, a federal auction in the Gulf of Mexico on Wednesday attracted the lowest interest from producers since 1986."
"Ten years ago next week, a terrifying hurricane stood perched atop the Gulf of Mexico. Katrina. It had rapidly intensified from a Category 3 into a deadly Category 5 monster and began its northward turn towards the Gulf coast—weakening, fortunately, but still driving a tremendous wall of water."
"The impact of low oil prices could have long-term consequences for drilling companies. But hydraulic fracturing technology could allow the industry bounce back more quickly, experts say."
"Think of it as Christmas in August. Gasoline prices are expected to drop sharply this month and might be approaching $2 a gallon in much of the country by the time winter’s chill arrives."
"First, the National Park Service said it would cut back on selling its visitors bottled water to reduce the litter left behind. Now, Congress — under pressure from the powerful bottled water industry — is threatening to cut off the federal money the Park Service is using to replace the disposable plastic water bottles with refilling stations."