Articles by Robert Tuttle and Lynn Doan

Wildfires in Northern Alberta Continue to Disrupt Oil Sands Production

Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day [on Tuesday] as Bank of America Corp. warned the blazes may slow the economy. A fire at Cold Lake Weapons Range that …

Hawaii Spared Hurricane As Iselle Weakens to Tropical Storm

Hawaii escaped its first hurricane strike in 22 years as Iselle was downgraded to a tropical storm just before making landfall at the Big Island. Iselle, bearing winds of 60 miles (96 kilometers) per hour, was 80 miles south of …

Southern California Spot Power in Surges Due to Fires

Spot electricity in Southern California surged as Sempra Energy’s San Diego Gas & Electric Co. utility worked to restore service following a fire that disrupted high-voltage transmissions. On-peak, spot electricity at Southern California’s SP15 hub more than doubled to $152.73 …

North Dakota Train Fire Restarts Oil Transport Safety Debate

The derailment and fire that led to the evacuation of a North Dakota town has renewed the debate over whether it’s safer to ship oil by rail or pipeline as the U.S. completes a review of the Keystone XL project. …

Crude Oil Train in North Dakota Catches Fire After Derailing

A BNSF Railway Co. train carrying oil caught fire after a collision with railcars in North Dakota, causing a series of explosions that prompted police to urge local residents to evacuate the area. There were no injuries to the train …

Gulf Coast Braces for Flooding from Tropical Storm Karen

Tropical Storm Karen may bring more than 7 inches (18 centimeters) of rain, isolated tornadoes and power outages to the U.S. Gulf Coast, where it is expected to go ashore over the weekend, forecasters said. Karen, with top sustained winds …

London Underwriter Becomes First to Insure California Carbon Credits

Parhelion Underwriting Ltd. became the first insurer to offer a policy to protect companies from the invalidation of carbon offset credits sold as part of California’s cap-and-trade program. Parhelion, based in London, will sell insurance for permits originally issued by …