via Tiffany Hsu, Los Angeles Times The U.S. will become the world’s top producer of oil within five years, a net exporter of the fuel around 2030 and nearly self-sufficient in energy by 2035, according to a new report from the International Energy Agency. It’s a bold set of predictions for a nation that currently … Continue reading
via Christopher Helman, Forbes Showing that it isn’t worried about the upswell of angst over hydraulic fracking technology, the Chinese government, through state-controlled Sinopec, today struck a deal with Devon Energy to buy into five prospective new exploration areas in the U.S. The deal, which includes $900 million in cash upfront and a promise of … Continue reading
via Mead Gruver, The Seattle Times The U.S. Environmental Protection Agency (EPA) said Thursday for the first time that fracking — a method of improving the productivity of oil and gas wells — may be to blame for causing groundwater pollution. The draft finding could have significant implications while states try to determine how to … Continue reading
via Tanya Somander, ThinkProgress Taking office with the promise to create jobs, Ohio’s GOP Gov. John Kasich has achieved little but dismal poll numbers in pursuit of a deeply unpopular agenda. Indeed, his attempt to demolish workers’ rights recently earned him an unprecedented rejection of a governor’s signature legislation within the first year in office. … Continue reading