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"Drilling Down: Insiders Sound an Alarm Amid a Natural Gas Rush"

"Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the United States. ... [But documents show industry analysts voicing] skepticism about lofty forecasts and question whether companies are intentionally, and even illegally, overstating the productivity of their wells and the size of their reserves."

Source: NY Times, 06/27/2011

US, Allies Tap Oil Reserves To Offset Mideast Turmoil, High Gas Prices

"Wary of a new surge in gas prices, the Obama administration said Thursday it is selling off 30 million barrels of oil from the country’s emergency reserves as part of a broader international response to lost oil supplies caused by turmoil in the Middle East and North Africa, particularly Libya."

Source: AP, 06/24/2011

"Atom Industry Body Urges Cost-Effective Safety"

"Steps to boost atomic safety after Japan's Fukushima accident must be 'cost-effective,' an industry body said on Tuesday, a day after the UN nuclear chief suggested power firms could help pay for expanded safety checks."

Source: Reuters, 06/22/2011

"Analysis: Ethanol Grown Up, Will Withstand Subsidy Loss"

"The U.S. ethanol industry is growing up. Moves in Washington to start weaning producers off government support are not expected to stunt a sector that had often been perceived as too fragile to withstand the travails of market forces."

Source: Reuters, 06/20/2011

"Amid Texas Drought, High-Stakes Battle Over Water"

"The current drought, drier than any other October-through-May stretch in Texas history, has heightened the stakes in an already contentious long-term planning battle over water from these lakes, which feed the lower Colorado River as it runs southeast to the Gulf of Mexico. It has pitted fast-growing cities like Austin, which depend on the water for drinking and recreation, against rice farmers near the Gulf, who need vast amounts of water for irrigation."

Source: Texas Tribune, 06/20/2011

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