Odds

Sen. Byron Dorgan (D-ND), who plans to retire from the Senate at the end of the year, Tuesday gave climate change legislation low odds of clearing the chamber in 2010 and said instead he believes the focus will be on the broad energy bill.

With much of the attention of Congress focused on climate change, odds are low that lawmakers will repeal the Safe Drinking Water Act (SDWA) exemption for hydraulic fracturing (hydrofracing) this year, said energy analysts with FBR Capital Markets last Wedneday.

With much of the attention in Congress focused on climate change, odds are low that lawmakers will repeal the Safe Drinking Water Act (SDWA) exemption for hydraulic fracturing (hydrofracing) this year, say energy analysts with FBR Capital Markets.

The odds aren’t in favor of Congress passing broad-based climate change legislation and forwarding it to President Obama this year, an official with ConocoPhillips said Thursday.

Colorado State University (CSU) weather forecasters on Friday slightly lowered their odds that a major hurricane would strike the U.S. coastline this year, but they continued to call for a “very active” Atlantic basin season. Landfall probabilities for the U.S. coastline “remain above their long-period averages.”

Colorado State University (CSU) weather forecasters on Friday slightly lowered their odds that a major hurricane would strike the U.S. coastline this year, but they continued to call for a “very active” Atlantic basin season. Landfall probabilities for the U.S. coastline “remain above their long-period averages.”

The global debate about climate change is accelerating, and the odds of binding carbon dioxide (CO2) caps in the United States and elsewhere are rising, but the bullish fundamentals of the oil and natural gas industry will not be impacted anytime soon — in fact, more stringent regulations favor natural gas, according to Raymond James & Associates Inc. energy analysts.

The global debate about climate change is accelerating, and the odds of binding carbon dioxide (CO2) caps in the United States and elsewhere are rising, but the bullish fundamentals of the oil and natural gas industry will not be impacted anytime soon — in fact, more stringent regulations favor natural gas, said Raymond James & Associates Inc. energy analysts.

Challenged by lower energy prices and production, ExxonMobil Corp. overcame the odds and finessed its way to a surprising 10% gain in 1Q2007 net profit from a year ago.