Painful

Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.

Restatements by the Energy Information Administration (EIA) for its 914 data on U.S. natural gas production may not be as painful as some assume, Barclays Capital analysts said last week.

Restatements by the Energy Information Administration (EIA) for its 914 data on U.S. natural gas production may not be as painful as some assume, Barclays Capital analysts said Tuesday.

Restatements by the Energy Information Administration (EIA) for its 914 data on U.S. natural gas production may not be as painful as some assume, Barclays Capital analysts said Tuesday.

The global integrated oil and natural gas industry will suffer through a “slow and painful” economic recovery in 2010, with worldwide demand lower at a time when inventories are near record highs, Moody’s Investors Service reported Thursday.