US GAS: Futures End Near Flat

August 12, 2010

By Edward Welsch Natural-gas futures settled near unchanged Wednesday ahead of the release of natural-gas storage data expected to show a smaller-than-normal build in gas supplies, and as storm activity in the Gulf of Mexico remained unthreatening to U.S. energy infrastructure. The National Hurricane Center reported that a low-pressure area in the Gulf of Mexico […]

Calls for 1-year Moratorium On Natural Gas Drilling

June 24, 2010

By Bob Kalinowsk JACKSON TWP. – Standing at a reservoir that provides drinking water to 30,000 residents in Luzerne County, state Rep. Phyllis Mundy on Monday called for a one-year moratorium on new natural gas drilling permits in Pennsylvania. “We are allowing this industry to move ahead too fast,” Mundy said from the Huntsville Reservoir […]

Oil Spill Update

By Saad Asad It has now been a little over two months since the BP oil rig explosion took place. While early optimistic estimates predicted the cleanup could end in late May, it is now apparent that the spill is of much greater magnitude than originally thought. To get a better perspective of how huge this […]

AG says state should reject ComEd’s $500M offer

May 6, 2010

Says consumers will pay higher rates under the plan May 5, 2010 BY DAVE McKINNEY Springfield Bureau Chief SPRINGFIELD — Attorney General Lisa Madigan today came out against Commonwealth Edison’s $500 million offer to the state in exchange for allowing the utility to lock in higher electricity rates and receive a guaranteed profit of 10 […]

EPA proposes coal ash rule

May 4, 2010

CHATTANOOGA, Tenn. — The Environmental Protection Agency is proposing to regulate coal ash and its disposal, possibly as a hazardous waste. EPA Administrator Lisa Jackson said Tuesday that one option would regulate the ash under the hazardous waste section of the federal Resource Recovery and Conservation Act. The other is regulating it in the non-hazardous […]

Natural Gas Rises as Cold Predicted for East Coast

February 7, 2010

Cold weather will cover the U.S. from the Rockies to the East Coast between now and Feb. 19, MDA Federal Inc.’s EarthSat Energy Weather said. Two feet (60 centimeters) of snow may fall in the Washington region. About 52 percent of U.S. households use gas for heating.  “Gas is mostly up on the weather,” said […]

Oil prices extend losses on US jobs, eurozone debt

Oil prices extend losses on US jobs, eurozone debt jitters     Photos 1 of 1 Petrols pumps at a Shell petrol station           NEW YORK – Oil prices extended losses Friday as world markets were shaken by fresh concerns over the global economic recovery stemming from debt woes in the eurozone […]

Wind could power 20 percent of eastern grid

January 23, 2010

WASHINGTON (Reuters) – Wind energy could generate 20 percent of the electricity needed by households and businesses in the eastern half of the United States by 2024, but it would require up to $90 billion in investment, according to a government report released on Wednesday. For the 20 percent wind scenario to work, billions must […]

France tries to thrash out new carbon tax formula

PARIS (Reuters) – France’s government is trying to piece together new carbon tax legislation that would cover big polluters without double-charging them, after a previous attempt to tax emissions was scrapped at the last minute. An army of chief executives attending the international climate talks in Copenhagen urge government officials to curb emissions and unleash […]

Summit in Disarray after ‘Danish Text’ Leak

December 12, 2009

Developing countries react furiously to leaked draft agreement that would hand more power to rich nations, sideline the UN’s negotiating role and abandon the Kyoto protocol. See the entire article here: See the leaked “Danish Text” courtesy The Guardian: