Stories by Jonathan Fahey

Monday, Nov. 17, 2014

Halliburton buying Baker Hughes in $34.6 billion deal

In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oil field services company Baker Hughes for cash and stock worth $34.6 billion.
By Jonathan Fahey

Wednesday, Nov. 12, 2014

National average price of gas to average less than $3 for 2015

The average price of gasoline will be below $3 a gallon in 2015, the government predicted Wednesday. If the sharply lower estimate holds true, U.S. consumers will save $61 billion on gas compared ...
By Jonathan Fahey

Saturday, Nov. 1, 2014

1st time in 4 years, gas under $3

NEW YORK - The sight is so surprising that Amer­icans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a ...
By Jonathan Fahey

Friday, Oct. 31, 2014

Exxon, Chevron post higher earnings despite low oil prices

NEW YORK - Exxon and Chevron leaned on strong performances from their refining operations to increase profits in the third quarter despite plummeting global oil prices.
By Jonathan Fahey

Exxon earns $8 billion

NEW YORK — ExxonMobil Corp.’s refining and chemical operations rescued the company’s third quarter results amid falling global oil prices and lower oil and gas production.
By Jonathan Fahey

Friday, Oct. 17, 2014

GE sees strong US economy as profit rises

NEW YORK — General Electric Co. posted strong third quarter results, issued an upbeat forecast for the fourth quarter and said U.S. industrial activity is at its highest level since the financial ...
By Jonathan Fahey

Monday, Oct. 13, 2014

Why drop in oil prices could squeeze US economy

Drivers, shippers, airlines enjoy plunge in oil prices, but there are downsides for US economy.
By Jonathan Fahey

Wednesday, Oct. 8, 2014

SolarCity loan deal could propel rooftop market

NEW YORK — SolarCity will begin offering loans to homeowners for solar systems, a move that industry analysts say could reshape the market for rooftop solar and propel its rapid adoption.
By Jonathan Fahey

Tuesday, Oct. 7, 2014

US predicts less oppressive heating bills this winter

NEW YORK - Heating bills should be lower this winter because the deep freeze that chilled much of the nation last year is unlikely to return.
By Jonathan Fahey

Thursday, Sept. 25, 2014

Gas prices falling

Pump price to fall below $3 in many states due to lower oil prices, typical autumn slide.
By Jonathan Fahey

Monday, Sept. 22, 2014

Businesses press for policy changes to help climate

Ahead of United Nations summit on climate change, businesses and investors are pressing for market-based solutions.
By Jonathan Fahey

Monday, Sept. 8, 2014

Electrolux to buy GE Appliances in $3.3B deal

Electrolux to buy appliance division of General Electric in $3.3 billion deal.
By Jonathan Fahey

Friday, Aug 1, 2014

Wind and solar farms stirring up portfolios

NEW YORK - Energy companies are wrapping renewable energy projects and other power-related assets that generate steady cash to attract investors hunting for dividends.
By Jonathan Fahey

Tuesday, June 17, 2014

SolarCity to acquire solar panel maker

Elon Musk, the chairman of the solar installer SolarCity, announced Tuesday that the company would acquire a solar panel maker and build factories bigger than those that make panels.
By Jonathan Fahey

Tuesday, April 8, 2014

Scant relief: Summer gas price to dip 1 cent

Energy Department forecasts slightly lower gasoline prices for the summer and year.
By Jonathan Fahey

Friday, Feb. 14, 2014

Higher gasoline prices are on the way

NEW YORK - The price of gasoline held steady into early February, but an increase is almost inevitable this time of year.
By Jonathan Fahey

Tuesday, Jan. 7, 2014

US oil companies call for changes in US law on crude exports

NEW YORK - American oil companies have not been allowed to export crude for 40 years, but the industry wants to change that, even though the U.S. still consumes far more oil than it produces.
By Jonathan Fahey

Monday, Nov. 25, 2013

Oil prices might fall on easing tensions with Iran

NEW YORK - Oil prices could be headed lower after the preliminary nuclear deal between Iran and six world powers, even though it does not allow Iran to export more oil.
By Jonathan Fahey

Saturday, Oct. 12, 2013

Tips to keep your heating bill lower

After two years of flat or lower fuel prices, many residents will pay sharply more to heat their homes this winter, according to government forecasts.
By Jonathan Fahey

Tuesday, Oct. 1, 2013

Utilities want solar customers to pay fair share

ATLANTA - Sunlight is free, but if you use it to make electricity your power company wants you to pay. Utilities in many states say solar-friendly rate plans, conceived to promote alternative ...
By Jonathan Fahey
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Top headlines

Thanksgiving burns injure 8

Eight people have already been admitted to the Joseph M. Still burn center for cooking related burns this Thanksgiving.
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