Economy & Business

"Foreseeing Trouble in Exporting Natural Gas"

"MIDLAND, Mich. -- As Dow Chemical’s chief executive, Andrew N. Liveris has made himself into something of an outcast among his fellow business leaders. The reason? He is spearheading a public campaign against increased exports of natural gas, which he sees as a threat to a manufacturing renaissance in the United States, not to mention his own company’s bottom line."

Source: NY Times, 08/16/2013

"Interpol Targets Criminals Who Subvert Carbon Markets"

"LYON, France -- Securities fraud, insider trading, embezzlement, money laundering and cybercrime – the intangible nature of the global carbon trading markets puts them at risk for exploitation by criminal networks, according to a new law enforcement guide produced by Interpol."

Source: ENS, 08/13/2013

"During Domestic Drilling Boom, Why Are Gas Prices Still High?"

"The drilling processes of hydraulic fracturing – or 'fracking' — and horizontal drilling have made it possible to access previously unreachable deposits of fossil fuels, creating a surge in domestic oil and natural gas production. So why are prices at the gas pump still relatively high? (Last week, the average national gas price was $3.68 per gallon.)"

Source: StateImpact Texas, 08/02/2013

EPA Staff Report Contradicts Agency's Agnosticism on Fracking

Here's more evidence of why documents should be leaked to reporters: a Powerpoint obtained by LA Times' Neela Banerjee shows EPA's Region 3 staff argued a year ago for continuing its investigation of fracking pollution around Dimock, PA — as EPA HQ announced it was ending its study of Dimock wells. Now there's an echo in Pavillion, WY.

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Halliburton Admits Destroying Gulf Spill Evidence

Journalists who worried about a cover-up during the April 2010 blowout of BP's Deepwater Horizon drilling rig in the Gulf of Mexico got some vindication this month when Halliburton admitted to destroying evidence. The company agreed to pay $200,000 in fines and donate $55 million to the National Fish and Wildlife Foundation.

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