Energy & Fuel

Ohio Energy Data Regs Make It One Of Nation"s Least Transparent States

"NEW YORK -- Dozens of wells drilled this year across rural Ohio are quietly pumping out the answer to the U.S. energy industry's most loaded question: Is the Utica shale formation, touted as a potentially $500 billion frontier, a boom or a bust? Yet the answer is likely to remain concealed for some time."

Source: Reuters, 10/23/2012

Private Equity Firms Make Bad TXU Investment, Get $528 Million Anyway

The Texas-based energy company TXU was, under the Bush administration, supposed to be the cutting edge of a coal resurgence. The 2007 leveraged buyout of TXU is widely regarded to be one of the worst deals in private equity history. But the firms that led it -- KKR, TPG, and Goldman Sachs -- made money with big fees even as the company tumbled toward financial ruin.

Source: New York, 10/23/2012

Journalists Detained at Texas Protest of Keystone XL Pipeline

The two New York Times journalists were working on private land with the permission of the landowner, near Winnsboro in northeast Texas, when they were detained, according to the online energy publication FuelFix. The 78-year-old owner of the land, who objects to the routing of the pipeline across it, was also arrested for trespassing on her own land.

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