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"The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters"

November 13, 2013 12:02 pm | by KEVIN BEGOS, Associated Press | Articles | Comments

Gregory Zuckerman's book "The Frackers" tells the unexpected story of how a once-obscure method of producing oil and natural gas from shale rock led to a huge American energy boom — and to a bitter debate over whether that's a great thing or an environmental disaster.

Equipment Failure Causes 2 Day Nuclear Shutdown

November 13, 2013 10:38 am | by Associated Press | News | Comments

Connecticut's nuclear plant has shut down one of its units for 48 hours due to equipment failure.                                              

Point: The Cost Of Ethanol

November 12, 2013 11:28 am | by DINA CAPPIELLO, MATT APUZZO, Associated Press | News | Comments

When President George W. Bush signed a law that year requiring oil companies to add billions of gallons of ethanol to their gasoline each year, Bush predicted it would make the country "stronger, cleaner and more secure." But the ethanol era has proven far more damaging to the environment than politicians promised and much worse than the government admits.


Counterpoint: Ethanol Industry Fires Back

November 12, 2013 10:59 am | by Associated Press | News | Comments

A new Associated Press investigation, which claimed that ethanol hasn't lived up to some of the government's clean-energy promises, is drawing a fierce response from the ethanol industry.                                        

Former Japanese Leaders Join Calls Against Nuclear Power

November 12, 2013 9:55 am | by ELAINE KURTENBACH, AP Business Writer | News | Comments

Japan's flagging anti-nuclear movement is getting a boost from two former prime ministers who are calling for atomic power to be phased out following the Fukushima disaster.                                         

Transocean Agrees To Deal With Icahn

November 11, 2013 11:33 am | by Associated Press | News | Comments

Oil driller Transocean has agreed to a deal with billionaire investor Carl Icahn after a months-long proxy fight. The company said today that it has agreed to support a dividend of $3 per share and reduce the size of its board. It is also looking to boost margins by $800 million through cost-cutting efforts and other measures.

Nuclear Expansion Suspended In TX

November 11, 2013 11:13 am | News | Comments

Dallas-based Luminant Generation had asked the U.S. Nuclear Regulatory Commission for a license to double the number of nuclear reactors at its Comanche Peak plant from two to four. However, in a letter to the NRC, Luminant said its Japanese-based reactor partner had decided to focus on restoring nuclear power in Japan after the 2011 earthquake and tsunami led to a disaster at the Fukushima nuclear power plant.

More Drillers Are Recycling Fracking Water

November 11, 2013 10:57 am | by RAMIT PLUSHNICK-MASTI, Associated Press | News | Comments

Just a few years ago, drillers suspected water recyclers of trying to sell an unproven idea designed to drain money from multimillion dollar businesses. Now the system is helping drillers use less freshwater and dispose of less wastewater. Recycling is rapidly becoming a popular and economic solution for this burgeoning industry.


Hearings Set For Coal Plant On Navajo Reservation

November 8, 2013 12:09 pm | by Associated Press | News | Comments

The U.S. Environmental Protection Agency has scheduled five public hearings on proposals to control emissions from a coal-fired power plant on the Navajo Nation. The hearings are set to begin Tuesday in LeChee and Page.

EPA Holds Hearing In Dallas On Power Plant Pollution

November 7, 2013 12:37 pm | by Associated Press | News | Comments

Officials from the EPA will sit down in Dallas to hear from the public about reducing carbon pollution from power plants. An EPA report says pollution that contributes to climate change declined 4.5 percent nationwide last year, but Texas still leads in carbon dioxide emissions.

IN Coal Industry Fights EPA Plant Limits

November 7, 2013 12:34 pm | by TOM LOBIANCO, Associated Press | News | Comments

Members of Indiana's coal industry and business community are heading to Chicago this week to fight against new limits on coal-fired plants they say would cost hundreds of jobs across the state.                                                       

Draft Ruling Approves CT Natural Gas Expansion Plan

November 7, 2013 12:31 pm | by DAVE COLLINS, Associated Press | News | Comments

Connecticut regulators issued a draft ruling on Wednesday approving an ambitious, massive plan to expand natural gas service to about 280,000 new customers across the state over the next decade.                                                                    

Natural Gas Gains Squeeze Family-Run Oil Companies

November 7, 2013 12:25 pm | by STEPHEN SINGER, AP Business Writer | News | Comments

Members of family-owned Tracey Energy Services show how oil dealerships once expanded with a growing suburban population, but now the industry faces a boom in cheaper natural gas, on top of a more than 50 percent drop in the number of homes heated by oil.


SD Delays Uranium Mine Hearing

November 6, 2013 12:57 pm | by CARSON WALKER, Associated Press | News | Comments

Two federal agencies must approve a proposed uranium mine in the Black Hills before a South Dakota board further considers issuing a permit, its hearing chairman said Tuesday, citing a state law. An order issued Tuesday by Rex Hagg, hearing chairman, said the board will not reschedule the state hearing until the Nuclear Regulatory Commission and U.S. Environmental Protection Agency have ruled on the project. 

LA Company To Build Galvanizing Plant In Tangipahoa Parish

November 6, 2013 12:39 pm | News | Comments

Crest Industries, along with Gov. Bobby Jindal and LED Secretary Stephen Moret, announced Tuesday it will build a $15 million galvanizing plant in the southern part of the parish to serve customers in the electric utility and petrochemical industries. The company will furnish galvanized protective coatings for utility poles and equipment.

Fire Shuts Down PA Nuclear Plant Reactor

November 6, 2013 12:22 pm | by Associated Press | News | Comments

A fire described by officials as "small" prompted the shutdown of one reactor at FirstEnergy Corp.'s Beaver Valley Nuclear Power Station in western Pennsylvania. Operators of the Shippingport plant said an electrical short occurred shortly before 6 p.m. Tuesday outside the turbine where electricity is produced.

Ukraine Signs Shale Gas Deal With Chevron

November 5, 2013 12:06 pm | by Associated Press | News | Comments

The Ukrainian government on Tuesday signed a shale gas production-sharing agreement with the Chevron, as the country strives for energy independence from neighboring Russia. Chevron will initially invest $350 million into exploratory and drilling work in the Oleska field in western Ukraine.

VT Settles Consumer Protection Case With Gas Firm

November 5, 2013 12:02 pm | by Associated Press | News | Comments

The nation's largest retail propane gas dealer is going to pay $545,000 in fees, donations and penalties to settle a case that alleged the company violated Vermont consumer protection laws by not promptly removing propane storage tanks or issuing refund checks after consumers terminated propane service, the Vermont Attorney General's office said Monday.

EU Seeks Nuclear Power Disaster Plan

November 5, 2013 11:57 am | News | Comments

The European Commission's energy chief says the bloc's executive arm will present a proposal on mandatory disaster insurance for nuclear power plants in coming weeks.                                               

PA Reactor Online After ReFueling

November 5, 2013 11:49 am | by Associated Press | News | Comments

A reactor that was shut down for refueling Sept. 30 at the Beaver Valley Nuclear Power Station in western Pennsylvania has been restarted and is expected to reach full capacity in the next week.                                                

More ND Mineral Owners Join Gas Lawsuits

November 4, 2013 12:48 pm | by Associated Press | News | Comments

Lawyers say dozens of western North Dakota mineral owners have expressed interest in joining lawsuits seeking damages from oil drilling companies for natural gas that is lost when it is burned instead of being captured as a byproduct of oil production.

China Opposes WTO Report On Rare Earth Elements

November 1, 2013 12:05 pm | by JOE McDONALD, AP Business Writer | News | Comments

The report supposedly sides with the U.S, the European Union and Japan. In a March 2012 complaint to the WTO, they said export curbs improperly favor Chinese domestic manufacturers in violation of Beijing's free-trade commitments. China has about 30 percent of global deposits of rare earths but accounts for more than 90 percent of production.

$1.8 Million Set Aside For Re-Training Coal Miners

November 1, 2013 11:58 am | News | Comments

Miners, their spouses and other family members who still live at home can get up to $5,000 per person for training in high-demand fields such as healthcare, truck driving, welding, electrical engineering, HVAC repair, diesel technology and chemical processing.

Lawsuit Targets New Coal Exporting Facility

November 1, 2013 11:52 am | News | Comments

A new lawsuit claims the Louisiana Department of Natural Resources violated state law and its own guidelines when it approved a permit for a new coal exporting facility that is adjacent to a Mississippi River diversion project aimed at replenishing coastal wetlands with river sediment.

Weak Refining Results, Higher Costs Halt Profits For Chevron

November 1, 2013 11:46 am | by Jonathan Fahey, AP | News | Comments

Chevron said that net income fell six percent in the third quarter as weak refining results and higher operating costs offset higher oil and gas production and prices. Chevron Corporation posted net income of $4.95 billion for the quarter on revenues of $56.6 billion. The nation's second-biggest oil company earned $2.57 per share.

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