"LONDON -- The oil market has broken a two-year cycle of tightening supply conditions, the International Energy Agency said Thursday, as demand softens and Saudi Arabia increases output in response to tensions with Iran."
"Lloyd's of London, the world's biggest insurance market, has become the first major business organisation to raise its voice about huge potential environmental damage from oil drilling in the Arctic."
"COLUMBUS, Ohio -- An environmental group sued the Ohio Department of Natural Resources this week because the agency has not turned over public records related to a new program that allows oil and gas drilling at state parks."
"ATLANTA -- Clean air advocates and environmental groups won a victory Monday when the utility consortium Power4Georgians agreed to cancel its proposal to build a coal-fired power plant near Fitzgerald in Ben Hill County, Georgia."
"The reversal of fortune in America’s energy supplies in recent years holds the promise of abundant and cheaper fuel, and it could have profound effects on what people drive, domestic manufacturing and America’s foreign policy.
Cheaper fuel produced domestically could reduce the cost of shipping and manufacturing, trim heating and cooling bills, improve the auto market and provide tens of thousands of new jobs.
"Natural-gas companies are taking concerns about looming Interior Department 'fracking' regulations to the White House with efforts that include a meeting between a major producer and the Obama administration’s top regulatory official."
"The U.S. natural gas market is bursting at the seams. So much natural gas is being produced that soon there may be nowhere left to put the country's swelling surplus. After years of explosive growth, natural gas producers are retrenching."
"Houses trembled a half mile away when a natural gas explosion rattled a compressor station near Springville, a hotbed of Marcellus Shale development in northern Pennsylvania. Just two hours after the March 29 blast, a gas safety inspector from the state Public Utility Commission was on the scene to begin an investigation into possible violations of gas safety rules. But he did not get far."
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