Goldman Sachs (NYSE:GS - News) slashed its commodity price forecasts on Friday, citing a collapse in global economic growth and demand because of the credit crisis.

With recession bearing down on the U.S. economy, the Federal Reserve's attempt to avert disaster may be creating another asset bubble in gold, oil and other commodities -- at least in the short run.

The legislation would slowly but significantly change the cars Americans drive, the fuel they burn, the way they light their homes and the price they pay for food.

Carl Mortished of The Australian summarizes the comments of the chief executive of Royal Dutch Shell.

Seeking to become the greenest city in the country, Cambridge today will launch a sweeping $70 million energy efficiency program to conserve energy in virtually every building within city boundaries, reducing emissions that contribute to global warming.

A new Platts/Capgemini study of senior executives at U.S. and Canadian utility companies finds that the most important issues facing the energy industry today are regulation, infrastructure investments and managing the risk associated with commodity price fluctuations.

A New York Times article by Matt Richtel examines the growing trend in Silicon Valley toward energy-related start-ups, or "watt-coms".