The war of words over hydraulic fracturing (fracking) took an unusual turn recently when Brecksville, OH-based Duck Creek Energy Inc. filed a lawsuit against two anti-fracking activists, claiming that they have “spread false and defamatory information” about the company and one of its products.
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Alberta’s Scientists: Climate Change Cause Not Settled
Canada’s storm-prone center of fossil-fuel production readily accepts the theory that the climate is changing, but highly educated Albertans stop far short of accepting the full global warming gospel even when their anonymity is guaranteed. Only about one in three Alberta earth scientists and engineers believe the culprit behind climate change has been identified, a new poll of the professions reported.
Alberta’s Scientists: Climate Change Cause Not Settled
Canada’s storm-prone center of fossil-fuel production readily accepts the theory that the climate is changing, but highly educated Albertans stop far short of accepting the full global warming gospel even when their anonymity is guaranteed. Only about one in three Alberta earth scientists and engineers believe the culprit behind climate change has been identified, a new poll of the professions reported.
Post Katrina: Production Improves but Infrastructure Questions Remain
The Gulf Coast oil and natural gas industry appeared to be gaining ground on Tuesday, with production output improving and several offshore rigs back in service. However, several key natural gas pipelines, as well as onshore natural gas processing units and compressor stations, may be idled until flood waters have receded, power is restored, and integrity tests are performed.
CERA Sees Significant Expansion of ‘Unconventional’ Liquids Output Through 2010
Despite the anxiety over rising commodity prices and a lack of readily available oil and natural gas resources, a detailed analysis shows a “significant” expansion of liquids productive capacity in the next few years, according to Cambridge Energy Research Associates (CERA).
March Shakes Off Weakness, Holds in Low $2.50s
Despite Tuesday’s large opening gap and 11.8-cent collapse, theMarch contract found support in the high $2.40s yesterday andmanaged a small 1.5-cent gain to end the regular trading day at$2.530. It hit bottom at $2.465 and reached a high for the day of$2.545. April was down 0.3 cents to $2.541, and nearly all of theremaining months were unchanged from the day prior.
Hebert Renomination Gets Nod from Senate Panel
The Senate Energy and Natural Resources Committee last weekreadily voted out the renomination of Commissioner Curt Hebert Jr.to a new five-year term at the Federal Energy RegulatoryCommission. The reappointment is now headed to the full Senate,which could confirm it as early as this week.
FERC Okays Merger of Western Utilities
FERC yesterday readily approved the $4 billion merger of twowestern utilities-Sierra Pacific Power and Nevada Power. This was”relatively easy” compared to other deals that have come before theCommission, said Commissioner Vicky Bailey.