"U.S. Rigs Are Being Idled, but the Oil Boom Is Not Ending"
"The U.S. drilling frenzy is over. What’s not is the boom in oil production."
"The U.S. drilling frenzy is over. What’s not is the boom in oil production."
"A federal judge on Friday (Feb. 13) dismissed a controversial wetlands damage lawsuit filed by the east bank levee authority against more than 80 oil, gas and pipeline companies, ruling that the authority failed to make a valid claim against the energy firms."
Mississippi Power, a subsidiary of the Southern Company, is building a so-called "clean coal" plant in Mississippi. The cost has ballooned from the original estimate of $1.8 billion to the current $6.17 billion (and counting). As the residents of rural Kemper County can tell you, that is just the beginning. It will strip mine lignite from 48 square miles of timber and pasture land.
An ecological treasure, a forest maintained by the Kernan Family in upstate New York for seven decades, is now "threatened by the construction of the Constitution Pipeline, a $700 million, 124-mile conduit designed to transport natural gas from the Marcellus Shale fields of northeast Pennsylvania" to pipelines serving markets in New York and New England.
"A revised environmental review of a contested Arctic oil lease makes drilling in the area far more likely, a development that has infuriated environmentalists."
"A woman and two men from Southwest Michigan are facing up to five years in federal prison after pleading guilty in what investigators say may have been the largest release of asbestos in Michigan since the material was declared a hazardous air pollutant in 1971."
"Apple Inc's deal to buy nearly $1 billion of power from a massive First Solar Inc plant could be the first of a stampede of contracts driven by the looming change in a solar tax incentive that makes such projects particularly attractive."
"Total, the Paris-based oil giant, on Thursday reported a loss of $5.7 billion for the fourth quarter of 2014 as it struggles with the deep slump in oil prices."
"The House on Wednesday passed a bill approving construction of the Keystone XL oil pipeline, setting up a confrontation with President Obama, who has vowed to veto the measure."
"Apple has committed nearly $850 million to help build a solar energy farm in Monterey County that will generate power for its California facilities, Apple CEO Tim Cook announced Tuesday."