Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

Tag Archives: energy

EASEMENT FOR PIPELINE

The acting secretary of the army has directed the Corps of Engineers to proceed with the easement for construction of the Dakota Access Pipeline. In December, the Obama administration ordered a pause for an environmental study, but President Donald Trump moved soon after his swearing in to support the pipeline, along with the Keystone XL… read more

Posted in Agriculture News | Also tagged , | Comments closed

ELECTRIC MILESTONE

For decades, coal has been the dominant energy source for generating electricity in the United States. The EIA is now forecasting that 2016 will be the first year that natural gas-fired generation will exceed coal generation in the United States on an annual basis.

Posted in Agriculture News | Also tagged , , | Comments closed

PEABODY ENERGY

St. Louis-based coal miner Peabody Energy Corp may soon be bankrupt. Peabody said it had a substantial loss from operations and negative cash flow in 2015 and it expects to continue losing money this year.

Posted in Agriculture News | Also tagged | Comments closed

ENERGY PRICES

GROWMARK Energy says retail gas prices are close to the 2009 lows made during the financial crisis. Wholesale prices sell off lower as the over-supply of gas inventories continues.

Posted in Agriculture News | Also tagged | Comments closed

OIL IMPACT

As many as a third of American oil-and-gas producers could tip toward bankruptcy and restructuring by mid-2017, according to Wolfe Research. Observers say crude oil may dip into the $20/barrel range soon.

Posted in Agriculture News | Also tagged , | Comments closed

PROJECT MAY BRING 1,300 JOBS TO HAVANA

City officials have unanimously cleared the way for a $150 million agri-business and energy project at the Havana Industrial Park. The two projects are expected to bring a total of 1,300 high quality jobs to the city. The agri-business project, an aquaponics facility, will combine conventional aquaculture with hydroponics. The energy project will retrofit locomotive… read more

Posted in Agriculture News | Also tagged , , , | Comments closed

OIL PRICES FALL TO LOWEST LEVEL SINCE 2004

Concerns about slowing economic growth, especially in China, are helping to drive the sharp drop in crude prices. The U.S. benchmark crude-oil contract tumbled 70 cents to $33.27 a barrel on the New York Mercantile Exchange.

Posted in Agriculture News | Also tagged , | Comments closed

PROPANE UPDATE

U.S. propane stocks rose 1.7 million barrels in the week ended Sept. 25, as inventories reached 98.7 million barrels, the U.S. Department of Energy said this morning.

Posted in Agriculture News | Also tagged | Comments closed

ENERGY OUTLOOK

Despite historic low prices for retail gas prices, demand should be flat in 2016, according to a report by the EIA. The report cites more fuel-efficient vehicles will offset a higher demand for driving that is being supported by a strong labor market and low pump prices.

Posted in Agriculture News | Also tagged , | Comments closed

PC POWER

The typical gaming computer consumes as much power each year as approximately three refrigerators, according to a study from Lawrence Berkeley National Laboratory.

Posted in Agriculture News | Also tagged | Comments closed