Energy & Fuel

"In 25 years, Kentucky’s energy landscape will look dramatically different than it does now. As Energy and Environment Secretary Len Peters told a legislative committee last week, Kentucky is already facing the loss of the majority of its coal fleet over the next 25 years, and that’s without the EPA’s upcoming greenhouse gas regulations."

"The United States on Monday filed a proposed settlement requiring Enbridge Inc to complete natural resource restoration projects and pay about $4 million following its 2010 oil pipeline spill in Michigan, the Justice Department said."

"Directors of the Norwegian sovereign wealth fund, an investment pool worth more than $900 billion, will sell many of its coal industry holdings, officials said last week."

"A Texas company whose ruptured pipeline created the largest coastal oil spill in California in 25 years had assured the government that a break in the line while possible was "extremely unlikely" and state-of-the-art monitoring could quickly detect possible leaks and alert operators, documents show."

"A U.S. federal jury acquitted a former BP Plc executive on Friday of lying about how much oil spilled into the Gulf of Mexico following the explosion of the Deepwater Horizon rig in April 2010, according to lawyers on both sides of the case."

Despite early headlines, an EPA study on the impact of fracking on drinking water offered both sides ammunition.

"The Organization of the Petroleum Exporting Countries is highly unlikely to agree to curbs on its members’ oil output at its meeting here on Friday, even though oil prices are about 40 percent lower than a year ago, OPEC officials and analysts say."

"Two Florida members of the House of Representatives are joining one of the state’s senators to keep oil drilling far off shore, seeking to stave off efforts to bring the rigs closer to land."