"It's been a busy week for anyone following the national debates over hydraulic fracturing, or 'fracking,' the controversial method used to cut into shale rock to extract natural gas. In New Jersey, a strong bipartisan majority in both chambers of the legislature approved a bill banning fracking in the state as its neighbor to the north, New York, appeared ready to end its moratorium on the practice."
"U.S. EPA [Tuesday] issued a final rule on how gasoline stations must label fuel with up to 15 percent ethanol content (E15), marking a step toward legal sale of the fuel and drawing criticism from several groups that said the labels will not do enough to prevent consumers from misusing it."
"Federal lawmakers called Tuesday on several agencies, including the federal Securities and Exchange Commission, the Energy Information Administration and the Government Accountability Office, to investigate whether the natural gas industry has provided an accurate picture to investors of the long-term profitability of their wells and the amount of gas these wells can produce."
"The Obama administration is telling American automakers that it would like cars and light trucks to average 56.2 miles per gallon by 2025 — a boost to fuel economy that would save consumers money at the pump and help with global warming but drive up the cost of automobiles."
"Fishermen are gearing up and hunters are taking aim — for Marcellus Shale gas drilling."
"With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don't want to turn out the lights."
"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."
"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."
"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."
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