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"Georgia Power Seeks To Retire 15 Coal, Oil Power Units"

"Georgia Power said on Monday it plans to seek approval from Georgia regulators to retire 15 coal-, oil- and natural gas-fired power plants in the state totaling 2,061 megawatts (MW) due primarily to the high cost of meeting stricter federal environmental regulations."

Source: Reuters, 01/08/2013

"EPA Fracking Study May Dodge Some Tough Questions"

"PITTSBURGH -- An ongoing U.S. Environmental Protection Agency study on natural gas drilling and its potential for groundwater contamination has gotten tentative praise so far from both industry and environmental groups."

Source: AP, 01/07/2013

"Together a Century, City and Oil Giant Hit a Rough Patch"

"RICHMOND, Calif. -- The Chevron refinery’s massive oil storage tanks sit on the hills overlooking this small, impoverished city in San Francisco’s East Bay. Painted earthen red to blend with the natural surroundings, the tanks cannot help dominating the city’s skyline, much the way the oil giant itself has long shaped Richmond’s identity, economy and politics."

Source: NY Times, 01/04/2013

Transocean Settles for $1.4 Billion in Gulf Oil Spill"

"Transocean, the owner of the Deepwater Horizon rig that was drilling the BP Macondo well when it caught fire and sank off the Louisiana coast in 2010, beginning the nation's largest oil spill, has agreed to plead guilty to a single criminal misdemeanor violation of the Clean Water Act and pay $1.4 billion in civil and criminal fines to settle violations of the Clean Water Act and federal offshore drilling safety regulations, the company and the U.S. Justice Department announced today."

Source: New Orleans Times-Picayune, 01/04/2013

"When Fracking Came To Suburban Texas"

"Residents of Gardendale, a suburb near the hub of the west Texas oil industry, face having up to 300 wells in their backyards."

Wednesday, January 2, 2013
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