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Tensions Raise Specter of Gas at $5 a Gallon

HOUSTON — Gasoline for $5 a gallon? The possibility is hardly far-fetched

With no clear end to tensions with Iran and Syria and rising demand from countries like China, gas prices are already at record highs for the winter months — averaging $4.32 in California and $3.73 a gallon nationally on Wednesday, according to AAA’s Daily Fuel Gauge Report. As summer approaches, demand for gasoline rises, typically pushing prices up around 20 cents a gallon.

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News & Blogs - News

U.S. doles out last of loan aid to solar projects

By Ayesha Rascoe

WASHINGTON | Fri Sep 30, 2011 6:53pm EDT

WASHINGTON (Reuters) - The Obama administration on Friday approved more than $4.7 billion in loan guarantees for major solar projects as the government closed out an incentive program embroiled in controversy over the bankruptcy of one of its biggest projects.

 

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News & Blogs - Community Leaders

Romney Endorses Federal Investment in Energy Innovation

Posted September 7, 2011 by Teryn Norris with 70 reads

Today, the Romney campaign released his 59-point economic plan in a 160-page book (PDF here). While most of the energy policy section is spent debunking the “green jobs myth” and calling for expanded domestic fossil fuel production, it endorses a significant role for federal investment in alternative energy research and development (R&D) and supports the Advanced Research Projects Agency for Energy (ARPA-E).

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