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"Oil Drilling and the Senate Clinch Hold"

Louisiana Sen. Mary Landrieu, who held President Obama's nomination for OMB director hostage over the deepwater drilling ban, has said she will now hold it hostage until she is satisfied with the pace at which drilling permits are granted.

Source: NYTimes, 10/14/2010

Obama Administration Lifts Deepwater Drilling Ban

"The Obama administration, under heavy pressure from the oil industry and others in the Gulf Coast, on Tuesday lifted the moratorium on deep water drilling that it imposed in the wake of the disastrous BP oil spill.

Source: AP, 10/13/2010

"Google Backs Offshore Wind Power Project"

"Google is backing a plan to lay undersea cables to connect offshore windmills off the mid-Atlantic coast, a step the Internet giant hopes will boost wind power as an energy source."

Wednesday, October 13, 2010
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"How GM 'Lied' About The Electric Car"

"The Chevy Volt  has been hailed as General Motors' electric savior. Now, as GM officially rolls out the Volt this week for public consumption, we're told the much-touted fuel economy was misstated and GM 'lied' about the car being all-electric."

Source: Jalopnik, 10/12/2010

"U.S., Chinese Firms Enter Shale Deal"

"The China National Offshore Oil Corp. will pay Chesapeake Energy $2.2 billion for a one-third interest in a South Texas oil and natural gas shale project and will pay billions of dollars more for its share of development costs over the next several years."

Source: Wash Post, 10/12/2010

"Economy Sandbags Plans for Nuclear Reactors"

Plans for one of the first new nuclear power reactors in decades -- a third unit at Calvert Cliffs, Maryland, were put on hold by Constellation Energy. The Energy Department said the project is so risky that Constellation must pay high fees if it wants the U.S. taxpayers to guarantee construction loans. But those subsidies were not high enough for Constellation. The demise of its poster child raised questions about the so-called "nuclear renaissance."

Source: NYTimes, 10/11/2010

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