department of energy

U.S. Energy Sector Fears Missing the Boat on Natural Gas Exports

Global demand for liquefied natural gas is growing rapidly, and the U.S. has it. But what's causing angst in the industry are regulators: Can our government agencies license exports fast enough for U.S. producers to get in on that rising LNG market before before foreign competitors eat their lunch?

2012 Election: Which Industries Won When Obama Did

The election is over, and now, the many investors who were keeping a close eye on the polls know what they're getting (somewhat) in terms of the federal government for the next few years. Here's a look at 21 economic sectors, and what a second Obama term will mean for each of them.

Can Presidents Change Gas Prices?

A disagreement over gas prices and energy policy produced a heated tit-for-tat argument between Mitt Romney and President Obama at the second presidential debate.

GM Withdraws $14 Billion Federal Loan Application

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.

GM Makes a Deal for Cheaper, Longer-Lasting Batteries

The automaker has licensed technology from the Energy Department's Argonne National Laboratory that will boost the performance of lithium-ion battery cells. The next-generation power packs will be made at a new plant in Michigan by Korea's LG Chem.

Chrysler May Soon See More Federal Aid

In addition to state tax credits from Michigan -- and the billions of dollars already loaned it by U.S. taxpayers in the form of last year's bailout -- Chrysler may soon get approval for billions more in loans from the Department of Energy.

Obama Administration to Install Solar Panels on White House

Next spring, the First Family will begin to receive solar electricity and solar-heated water from a new solar system that will be installed on the roof of the White House as part of the Obama administration's effort to showcase American solar power technology.

New Solar Panel Factory Will Rise in Oregon

Oregon is the latest state to notch a big win in the effort to attract green jobs: Silicon Valley solar company Solexant has announced plans to build a large factory to produce thin-film solar panels near Portland. Oregon gets jobs; Solexant gets a $25 million loan and $18.75 million in tax credits.

Hefty U.S. Funds to Jump-Start Electric-Car Sector

Federal funds will help create a big-enough manufacturing base to produce up to 500,000 electric cars yearly by 2015, according to the Energy Department. The funds, part of the economic stimulus program, will also boost the U.S. share of global battery production to 40% by 2015.

Really Green Energy: Could Algae Fuel Our Cars?

As oil continues to gush into the Gulf of Mexico from BP's damaged well, the federal government is pouring a bit more money into alternative energy sources with a grant to groups working on turning algae into a commercially viable fuel.