Economy & Business

"Plans To Export US Natural Gas Stir Debate"

"A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking."

Source: AP, 05/14/2013

Supreme Court rules for Monsanto in Farmer's GM Soybean Seed Case

"Farmers must pay Monsanto each time they plant the company’s genetically modified soybeans, the Supreme Court ruled Monday, rejecting an Indiana farmer’s argument that his un­or­tho­dox techniques did not violate the company’s patent."

Source: Wash Post, 05/14/2013

"N.Y. Senate Fracking Backer Tied to Firm With Gas Lease"

"Senator Tom Libous, a champion of fracking in the New York Legislature, is blocking a bill that would delay drilling for natural gas for at least two more years. Passage of the measure would harm the prospects of a real-estate company founded by Libous’s wife and run by a business partner and campaign donor."

Source: Bloomberg, 05/10/2013

"Replanting the Rust Belt"

Until recently the American food revolution seemed to have bypassed the Rustbelt region which rims the Great Lakes from Buffalo to Detroit. But an "interdependent web of chefs, butchers, farmers, millers, bakers and brewers" there are "cooking sustainably, supporting agriculture and raising families — all while making world-class food with a strong sense of place."

Source: NY Times, 05/08/2013

"LNG: Obama on Exports -- 'I've Got To Make a Decision'"

"President Obama's comments over the weekend about his looming decision on whether to expand natural gas exports are the clearest indication yet that the White House intends to greenlight broader global sales of U.S. natural gas, a prospect that has attracted strong backing in states that produce or process the fuel while drawing criticism from some environmentalists and from energy-intensive manufacturers concerned that energy costs would dramatically rise as a result."

Source: EnergyWire, 05/08/2013

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