Prime Minister Naoto Kan told a news conference that the risks are too high and renewable energy sources such as solar, wind and biomass should eventually replace nuclear as a new pillar of Japan’s energy supply. More »
With oil hovering around $100 a barrel, the same man who led the charge to save the 1,290-acre Whittier Wilderness Preserve is interested in drilling there. Proponents believe Whittier could get as much as $600 million over 25 years in oil revenues. More »
“If you look at the macro-economic headlines, we should be closer to $67 (per barrel) than $97” for WTI, analyst Stephen Schork said. But many traders “are going to keep pushing things to see how far they go.” More »
The GOP bill to overturn the standards set to go into effect next year fell short of the two-thirds majority needed for passage. The vote was 233-193.
Mississippi’s attorney general is suing the administrator of BP’s $20 billion oil spill fund to get access to claims filed by coastal residents. More »
The U.S. Environmental Protection Agency says all 136 Texas plants and refineries operating with permits that violated the Clean Air Act have applied for new paperwork. More »
Montana environmental regulators want Exxon Mobil to justify its estimate for how much oil spilled into the Yellowstone River, citing the company’s changing timeline on how long the pipeline leaked. More »
Crosstex Energy LP said today it will team up with Apache Corp. on an $85 million natural gas processing facility in west Texas. More »
Federal nuclear safety inspectors are investigating a radioactive waste leak at a South Carolina nuclear power plant.
Royal Dutch Shell PLC and Japan’s Mitsubishi Corp. have signed an initial deal with Iraq to tap natural gas in the southern part of the country. More »
Masked gunmen blew up a terminal of the Egyptian natural gas pipeline to Israel and Jordan in a pre-dawn attack Tuesday, security officials said. More »
New York proposes gas-drilling rules that would place large areas off-limits to gas drilling. More »