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Biofuels made from algae can be produced in a way that make this energy source cost-competitive with crude oil by increasing the amount of energy algae stores as fat, according to early research from VG Energy, an alternative energy and agricultural biotech company.
FORBES: Biofuel From Algae Could Compete With Oil, Report Says
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Chesapeake is looking at natural gas as a potential energy source to fuel its rigs due to the cost benefits and the environment friendly nature of the fuel.
FORBES: Chesapeake Energy Gassed Up For Drive To $36
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For the first time since cheap Middle East oil invaded Western markets, Newman says, a vast new source of energy is arriving at prices well below the prevailing cost of finding, developing and delivering natural gas.
FORBES: A New World Of Cheap Gas
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But in the short term, at least, coal will remain a key source of energy for the U.S. mainly because the cost of running coal and natural gas power plants remains comparable.
FORBES: Report: Clean Power Is Moving (Gradually) Into Americans' Homes
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As well as an energy source, Chinese companies see Africa as a new market for their low-cost consumer goods (including weapons) and as an opportunity to get around U.S. and European quotas on Chinese textiles by investing in textile factories there.
FORBES: Magazine Article
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In the solar panel case, the president has offered his rhetorical support (at least) to the petitioners, even though their success would drive up the cost of already-too-expensive solar power, reducing demand for an energy source the president has been advocating and subsidizing with the incentive of 30 percent tax credits.
FORBES: Solar Panel Case Shines Light on the Imperative of U.S. Trade Law Reform
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Dismal consumer confidence is cited as a source of concern, along with further commodity price instability - most notably the cost of energy.
BBC: Stands Scotland's economy where it did?
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This supply of low-cost natural gas will allow the U.S. to transform its electricity production into a green energy source at scale.
FORBES: U.S. Energy Independence - So Close, Yet So Far