The Ohio General Assembly is considering a bill that would open leasing rights for all property owned by the state government — including state parks — to oil and gas companies.
Tag / Precipitously
SubscribePrecipitously
Articles from Precipitously
Report: Shale Brings Opportunities, Challenges to Pennsylvania
Pennsylvania is growing more slowly than the rest of the nation, but the expansion of Marcellus Shale natural gas operations will provide significant opportunities to the state in coming years, according to a report issued by the Pennsylvania Department of Community and Economic Development (DCED).
Investor Fears Send Energy Stocks Plummeting
Energy marketers and merchant power generators have watched their stocks drop precipitously as investors continue to run from companies even remotely associated with, or similar to, bankrupt Enron Corp. The walking wounded include Mirant (down about 36% by midday Friday from the prior Friday’s close), Calpine (down 37% for the week), Williams (-16%) and Dynegy (-17%), NRG (-14%), Aquila (-14%), El Paso (down 6%), and Reliant (-5%).