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"Drilling Down: Insiders Sound an Alarm Amid a Natural Gas Rush"

"Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the United States. ... [But documents show industry analysts voicing] skepticism about lofty forecasts and question whether companies are intentionally, and even illegally, overstating the productivity of their wells and the size of their reserves."

Source: NY Times, 06/27/2011

US, Allies Tap Oil Reserves To Offset Mideast Turmoil, High Gas Prices

"Wary of a new surge in gas prices, the Obama administration said Thursday it is selling off 30 million barrels of oil from the country’s emergency reserves as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya."

Source: AP, 06/24/2011

"Atom Industry Body Urges Cost-Effective Safety"

"Steps to boost atomic safety after Japan's Fukushima accident must be 'cost-effective,' an industry body said on Tuesday, a day after the UN nuclear chief suggested power firms could help pay for expanded safety checks."

Source: Reuters, 06/22/2011

"Analysis: Ethanol Grown Up, Will Withstand Subsidy Loss"

"The U.S. ethanol industry is growing up. Moves in Washington to start weaning producers off government support are not expected to stunt a sector that had often been perceived as too fragile to withstand the travails of market forces."

Source: Reuters, 06/20/2011

"Amid Texas Drought, High-Stakes Battle Over Water"

"The current drought, drier than any other October-through-May stretch in Texas history, has heightened the stakes in an already contentious long-term planning battle over water from these lakes, which feed the lower Colorado River as it runs southeast to the Gulf of Mexico. It has pitted fast-growing cities like Austin, which depend on the water for drinking and recreation, against rice farmers near the Gulf, who need vast amounts of water for irrigation."

Source: Texas Tribune, 06/20/2011

Coloroado Tests Whether Drilling and Suburbia Can Coexist

From his deck, Bob Arrington can hear the rustle of aspens and the chirp of birds. He can see the golf course; Battlement Mesa, still spring green, to the south; and Roan Plateau, pink and tan, to the north. Soon he may also be able to see a drilling rig — right near the sixth hole."

Source: Denver Post, 06/20/2011

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