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Buffett's Berkshire Hathaway ramps up investment in liquefied natural gas

Jul 11, 2023
The U.S. has become a leading exporter of LNG, which is often used to ease energy shortages around the world. That stokes price volatility.
A tanker on its way to deliver LNG to France. The U.S. has become a top exporter of the resource.
Clement Mahoudeau/AFP via Getty Images

The current coal boom doesn't mean the industry will fire up production anytime soon

Jun 10, 2022
The price of coal has risen due to a surge in global demand. Still, signs point toward a continued decline for the U.S. coal sector.
David Byrd looks out over a large pile of coal in his backyard. He sells the pieces to customers for heating or to blacksmiths who need a higher quality than what power plants typically use.
Justin Hicks/Louisville Public Media

Our power grid, then and now

Aug 13, 2018
A lot has changed since the Northeast blackout of 2003.
Justin Sullivan/Getty Images

Trump, Perry propose a lifeline for coal and nuclear sectors that critics say is unnecessary and would be harmful

Jun 5, 2018
The latest directive would allow the Energy Department to use a complex wartime law in the interest of national security.

Why the lights are still out in parts of Puerto Rico

A check in on the state of recovery after Hurricane Maria

GE to cut 12,000 jobs as demand for fossil fuel power stations falls

Dec 7, 2017
General Electric Co. announced today it’s cutting 12,000 jobs in its core power business worldwide, as demand for coal and other fossil fuels softens. It’s the latest move by new CEO John Flannery to cut costs and turn things around at the struggling conglomerate, whose stock plunged 44 percent this year. GE Power is the company’s […]

Working to get the lights back on in Puerto Rico

Crews from New York are among those restoring power in Old San Juan.
Con Edison crews from New York help restore power in Old San Juan, Puerto Rico.
Mark Dye

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The challenges of restoring power to Puerto Rico

Nov 29, 2017
"When will we have power?" Why there isn't a straight answer.
Downed power lines stretch along a street in Hatillo, Puerto Rico. Parts of the island are still without power.
Joanne Griffith/Marketplace

Hurricane power outages: Why is the grid so vulnerable?

Oct 7, 2016
More than a million customers have lost power in Hurricane Matthew's aftermath.
Lights were out today on Highway A1A in Cocoa Beach, Florida, from Hurricane Matthew's winds. 
Mark Wilson/Getty Images

Puerto Rico faces debt deadline

Jun 29, 2015
Governor says the commonwealth doesn't have the funds to make the July 1 payments.