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Ruling Could Bring Trials Against Oil Majors Over Louisiana Wetlands Damage

"A federal appeals court in New Orleans on Monday ordered a nine-year-old lawsuit filed against oil and gas companies over damage to Louisiana's wetlands to be returned to state court for trial, potentially clearing the way for at least 41 similar suits -- alleging billions of dollars in damages -- to also move forward."

Source: Nola.com, 10/18/2022

"White House Planning Oil Reserve Release Announcement This Week"

"The Biden administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the nation’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing further, according to people familiar with the matter."

Source: Bloomberg, 10/18/2022

"How Big Companies Shed Their Obligations To Clean Up Old Mines"

"Miles Hatfield was walking into his dining room when he felt the wooden floor give way. His legs dropped hip-deep into water that had pooled under his brick house in the green hills of eastern Kentucky where he had lived for the past 40 years, trapping him in his own floor."

Source: Bloomberg, 10/17/2022

"Ozone Hole Grows This Year, But Still Shrinking In General"

"The Antarctic ozone hole last week peaked at a moderately large size for the third straight year — bigger than the size of North America — but experts say it’s still generally shrinking despite recent blips because of high altitude cold weather."

Source: AP, 10/17/2022

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