Energy Update
HOUSTON/CHICAGO Dec 10 (Reuters) - Drained by a 17-month crude rout, some U.S. shale oil companies are merely hanging on for life as oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business.
(Thu, 10 Dec 2015) The U.S. Energy Information Administration's State Heating Oil and Propane Program (SHOPP) collects state-level residential heating oil and propane price data in 38 states during the winter heating season. SHOPP is a joint effort between EIA and state energy offices in regions (especially states in the Northeast and Midwest) where heating oil and propane are commonly used as heating fuels.
BEIJING, Dec 10 (Reuters) - The heavy smog shrouding Beijing is proving to be a boon for China's nascent electric car market, with some dealers saying inquiries about all-electric models are up by almost a tenth.
With the coal-fired Intermountain Power Plant in Utah to be shut next decade for climate change purposes, one of the replacement options being looked at is a 1,200 MW compressed air energy storage project at the site.
BRASILIA, Dec 9 (Reuters) - Brazil's Supreme Court suspended impeachment proceedings against President Dilma Rousseff until it rules on the validity of a secret ballot that stacked a congressional committee with opponents seeking to oust the leftist leader.
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