Today’s Essential Reads
A key Senate panel on Tuesday supported legislation that would ban the use of hydraulic fracturing in California until regulators write rules governing the controversial procedure.
Workplace safety regulators say that workers in the hydraulic fracturing industry are at risk of serious health effects from respiratory exposure to silica.
Hydraulic fracturing, or fracking, has unlocked vast reserves of natural gas once thought unreachable. This natural gas is touted as a cleaner fuel that can reduce carbon emissions. But new research is bringing that into question.
Wyoming’s governor, its oil and gas industry, a key legislator and a conservation group in the state agree on at least one thing: A federal decision to delay rules for hydraulic fracturing is a good thing.
BP OIL SPILL:
Following an explosion at a natural gas compressor station in western Colorado, which killed one worker and injured two more, BP has launched a full investigation into the cause.
The wells in the Jonah and Pinedale fields in the east of the state have been purchased by LINN Energy, a Houston-based oil and gas explorer. The sale is expected to be completed by the end of next month.
Senate and House negotiators are nearing agreement on a two-year transportation bill that includes key components of legislation that would funnel billions of dollars in fines from the 2010 BP oil spill to the five Gulf States. “This is what we’re been working for,” said Sen. Mary Landrieu, D-La., as news of a possible transportation deal surfaced Tuesday afternoon that includes a measure known as the Restore Act. It would allocate 80 percent of any Clean Water Act fines for the massive spill to Louisiana, Texas, Alabama, Mississippi and Florida.
The BP-Deepwater Horizon oil spill in the Gulf of Mexico in 2010 worsened some already existing problems in Louisiana’s salt marshes, but a study from the University of Florida found that marsh grasses also stopped the oils spread.
Tokyo Electric Power Co. (9501.TO), the operator of Japan’s crippled Fukushima nuclear plant, said Wednesday record amounts of radiation had been detected in the basement of reactor No. 1, further hampering clean-up operations.