Economy & Business

"Plans To Export US Natural Gas Stir Debate"

"A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking."

Source: AP, 05/14/2013

Supreme Court rules for Monsanto in Farmer's GM Soybean Seed Case

"Farmers must pay Monsanto each time they plant the company’s genetically modified soybeans, the Supreme Court ruled Monday, rejecting an Indiana farmer’s argument that his un­or­tho­dox techniques did not violate the company’s patent."

Source: Wash Post, 05/14/2013

"N.Y. Senate Fracking Backer Tied to Firm With Gas Lease"

"Senator Tom Libous, a champion of fracking in the New York Legislature, is blocking a bill that would delay drilling for natural gas for at least two more years. Passage of the measure would harm the prospects of a real-estate company founded by Libous’s wife and run by a business partner and campaign donor."

Source: Bloomberg, 05/10/2013

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