Newsclip®: [Business] Energy expert says oil prices won't top $100 a barrel -

"Energy expert says oil prices won't top $100 a barrel Following a stunning decline, oil prices have clawed back near the $50 level this year. Daniel Yergin is the vice chairman of research firm IHS Inc. He has written two books on energy, including the Pulitzer-winning opus The Prize: Yergin recently talked to The Associated Press about oil prices, the shale revolution, the fate of coal, and the next big thing in energy. In terms of new-build in U.S. electricity, we think all the new capacity will either be natural gas or renewables. A. I think people don't understand how pervasive oil and gas is in our whole economy, not just in terms of transportation, not just in terms of fuel, but in everything from your cellphone to cosmetics. A. Between coal (plant) retirements and reducing plants and the fact that all new plants will either be gas or renewables, coal's share of electricity will continue to decline in the United States. The shale breakthrough has had",

0 comments | 1 clip



Last clipped by

Hey! Thanks for checking out Newsclip®!

Click on this Trending Newsclip® Stack to read other top media reports on this topic.

Be sure to clip to your personal newspaper, like, comment and share!

Newsclip® is the leader of Social News Discovery®.

Welcome to the Newsclip® beta release!

Please enjoy the site during our beta phase and provide us with feedback on suggestions and issue details. Please remember that we are still in beta and there will be issues and site changes during this time.

Newsclip® the leading Online Social Newspaper, find trending articles through Social News Discovery®!

Invite Friends to Newsclip®

Invite your Facebook friends to follow you!

You can reopen the "Getting Started Tutorial" dialog from within the About menu in the top right corner.