Coal demand to rival oil within 5 years

by -NO AUTHOR- -- (OilPrice) The IEA (International Energy Agency), has just released its Medium Term Coal Market report in which it has predicted that coal will grow to rival oil as more…

U.S. oil production has biggest jump ever

by -NO AUTHOR- -- (OilPrice) Seven years ago George W. Bush declared that, "America is addicted to oil, much of which is imported from unstable parts of the world." That statement is more…

Conservation not technology will be our saviour

by -NO AUTHOR- -- (OilPrice) In part 2 of our exclusive interview with Chris Martenson economist and editor of the popular financial website Peak Prosperity Chris talks about: How tight oil is more…

Zuckerberg donates almost $500 million to charity

by -NO AUTHOR- -- (San Francisco Chronicle) Mark Zuckerberg announced today that he is donating 18 million Facebook shares (almost $500 million worth) to a philanthropic organization called the Silicon Valley Community more…

Conservatives blast Boehner betrayal

by -NO AUTHOR- -- WASHINGTON – House Speaker John Boehner continues to feel heat from conservative groups angry over his concessions to the White House on tax policy and the debt ceiling more…

'Largest tax increase in American history'

by -NO AUTHOR- -- (THE HILL) Speaker John Boehner (R-Ohio) held a minute-long press conference on Wednesday, urging President Obama's to support his “Plan B” legislation that would extend tax rates for more…

Obama uses school massacre to push tax hikes

by -NO AUTHOR- -- (WASHINGTON TIMES) President Obama said Wednesday that last week’s school shooting in Connecticut should push House Republicans to step back from a partisan battle, relent and pass his more…

Treasury announces GM exit strategy

by -NO AUTHOR- -- (DETROIT NEWS) Washington — The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the more…