energy market

Citing few renewable options and projected price jumps, industries in one state propose their own power generation, free from monopoly utilities.

Entergy Louisiana customers will see a slight increase in electricity prices, the utility said in a press release. Customers were spared a big rate hike after the state's Public Service Commission approved two settlements with the utility.

Oil prices are low because there's too much on the market. That extra oil has to be stored somewhere. A lot of it is sitting on ships at sea, with traders hoping the price will go up soon.

Natural gas has gotten really cheap in the U.S., but your gas bill isn't much lower than it used to be. Also: New factories, less coal and environmental controversy.

The embargo led to long gas lines and shaped U.S. foreign policy to this day. However, the world energy market has changed dramatically over the past four decades, and the U.S. now gets less than 10 percent of its oil from the Middle East.