Energy Update

Back in 2000, when I cofounded Clean Edge, most people I spoke with didn’t yet understand, or in tech parlance “grok,” the clean-tech wave to come. I’ve been fortunate to ride three major tech waves in my business career — telecom, the Internet, and renewable energy — and in each instance I was just enough ahead of the curve that many people didn’t know what I was originally talking about. But as with all major technological shifts, things that once seemed exotic become commonplace.

March 7 (Reuters) - Oil prices rallied again on Monday, with Brent hitting this year's high of $40 a barrel, after intelligence firm Genscape reported a smaller build in stockpiles at the Cushing, Oklahoma delivery hub for U.S.

Two new federal government reports underscore not only the continued rapid growth of renewable energy sources in the electric power sector but also the ongoing failure of government forecasts to accurately anticipate and predict that growth.

LONDON, March 7 (Reuters) - As oil firms slash billions of dollars of investment to survive the market crash, France's Total and Italy's Eni are making some of the smallest cuts, gambling in the hope of big-ticket discoveries that will reward them when prices recover.