"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."
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.
"SHIPPINGPORT, Pa. -- Chesapeake Energy has a permit to frack just one mile from the Beaver Valley Nuclear Power Station in Shippingport. Whether that is cause for alarm, experts can’t say."
"MADRID -- Farmers drilling ever deeper wells over decades to water their crops likely contributed to a deadly earthquake in southern Spain last year, a new study suggests. The findings may add to concerns about the effects of new energy extraction and waste disposal technologies."
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.
"Amid puzzling indifference shown by elected officials over Enbridge's pipeline plans, townships are stepping up, opponents say—and giving them some hope."
David Hasemyer reports for InsideClimate News October 17, 2012.
SEE ALSO:
"CALGARY -- The ugly scars left on the northern Alberta landscape by the oil sands have prompted calls from around the world for an independent body to gather data on the ecological damage wrought by the energy industry."
"KANSAS CITY, Mo. -- A federal agency says TransCanada Corp. has temporarily shut down its existing Keystone pipeline after tests showed 'possible safety issues.'"
"As the wind industry clamors to renew a key tax credit (again), industry leaders explore how to break free from the boom-bust cycle the subsidy has them trapped in."
"A host of startup companies are pursuing new technologies that they claim will soon lead to large-scale commercialization of biofuels made from algae. But questions remain about the viability and environmental benefits of what its developers are calling 'green crude.'"
Advertisement 
