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"White House Threatens To Veto Energy Spending Bill"

"The White House [Thursday] night issued a veto threat to a pending House spending bill to fund the Department of Energy, the Army Corps of Engineers and other agencies, citing cuts to clean energy promotion and other DOE priorities and 'policy riders' that would reopen the Yucca Mountain nuclear waste depository, undo federal building efficiency requirements and block guidance on the Clean Water Act."

Source: E&E Daily, 06/04/2012

"NYMEX -- Crude Down a Fifth Week on Economic Worries"

"U.S. crude oil futures fell on Friday for the fourth day in a row, hitting their lowest levels in nearly eight months and extending losses to a fifth week, as weak U.S. jobs data, soft Chinese manufacturing and the deepening euro zone crisis sparked a broad market selloff. "

Source: Reuters, 06/04/2012

"Wal-Mart Bribery Probe Puts Energy Industry on Alert"

"Energy companies are nervously following the investigation of Wal-Mart Stores Inc.'s alleged corruption in Mexico. While the link between the energy industry and the retail behemoth isn't obvious, attorneys who advise oil and gas companies say the U.S. government will focus more on petroleum companies as a result of the Wal-Mart investigation."

Source: Greenwire, 06/01/2012

"Iran Tells of Oil-Industry Cyberattack"

"TEHRAN, Iran - Computer technicians battling to contain a complex virus last month resorted to the ultimate firewall measures - cutting off Internet links to Iran's Oil Ministry, rigs, and the hub for nearly all the country's crude exports."

Source: AP, 05/31/2012

"On Climate Change, It's Money vs. Mouth"

"A number of major United States corporations publicly support climate change science but contribute heavily to politicians and research groups that deny or play down the threat of global warming, according to a new study from the Union of Concerned Scientists."

"The study found that ExxonMobil, General Electric, Caterpillar and Boeing are among companies that play both sides of the fence, supporting groups that promote climate change science as well as those that seek to undercut it."

Source: Green (NYT), 05/31/2012

"Washington: Seattle Votes Against Coal Terminals"

"SEATTLE -- The Seattle City Council unanimously passed a resolution Tuesday opposing the development of coal-export terminals in Washington state after raising concerns about increased train traffic and potential harm to health and the environment.

The vote came as the federal government is reviewing the first of at least six port facilities proposed in Washington and Oregon to ship coal from the Powder River basin of Montana and Wyoming to hungry markets in Asia.

Source: AP, 05/30/2012

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