"PITTSBURGH -- As natural gas prices continue to drop, the recent nationwide boom in drilling is slowing. Drillers don't make money if prices go too low — and drilling wells isn't cheap."
Both President Obama and the GOP-controlled House are pushing infrastructure investment as a job-producing way of maintaining and upgrading U.S. roads, bridges, dams, waterways, airports, and quality of life. The big questions include how to do it -- a set of choices with huge environmental consequences.
"Oil, gas and mining industries are battling a late addition to the 2010 financial reform law that requires energy companies to disclose their payments to foreign governments."
The shine of a new iPad and Apple's record profits come at a steep cost: the health of the Chinese workers who make them possible.
"There's a solar trade war going on inside the U.S., sparked by an invasion of inexpensive imports from China. The U.S. solar industry is divided over these imports: Panel-makers say their business is suffering and want a tariff slapped on the imports. But other parts of the industry say these cheap panels are driving a solar boom in the U.S."
"Insurance companies don’t care if you believe in climate change or not: Your premiums are going up anyhow."
"President Barack Obama's jobs council called on Tuesday for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms, a set of proposals unlikely to provide a quick fix for high unemployment or gain much traction in an election year."
"U.S. Enrichment Corp., which produces fuel for nuclear power plants, is having its own sort of meltdown. Disillusioned investors have wiped out 95 percent of the company’s market value since 2007. Standard & Poor’s has saddled it with a dismal CCC-plus credit rating.
"Ever since the collapse of the domestic steel industry, blue-collar workers living in the mountain towns near the border of Pennsylvania, West Virginia and Ohio have struggled to find jobs. But last June, Shell Oil Co. announced it would build a huge petrochemical refinery somewhere in that Appalachian region. The plant, known in the industry as a "cracker," could bring billions of investment dollars and thousands of jobs."
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