Daily Archives: May 11, 2012

Report: Pickens sells shares in Chesapeake Energy

Billionaire and former oil magnate T. Boone Pickens’s investment firm has reportedly sold more than half a million shares in Chesapeake Energy, the embattled natural-gas company.

But he told Bloomberg the decision has nothing to do with the controversy over Chesapeake CEO Aubrey McClendon’s financial dealings.

“We do not own Chesapeake stock. We didn’t like natural gas,” […]

By |May 11th, 2012|Featured|1 Comment

House GOP issues second subpoena over planned coal-mining rules

House Natural Resources Committee Chairman Doc Hastings (R-Wash.) subpoenaed the Interior Department for a second time Friday over planned regulations aimed at curbing environmental damage from Appalachian coal mining.

The subpoena calls on the Interior Department to provide documents related to the planned rules by May 24 — it’s the second subpoena issued by the committee […]

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News bites: Chesapeake faces major liabilities

The Wall Street Journal reports that Chesapeake Energy has $1.4 billion in previously unreported liabilities.

Experts raised concerns about oil drilling in Cuba on Thursday, the Houston Chronicle reports.

Rep. Chip Cravaack (R-Minn.) and other Republicans are hoping to block funding for a climate change education program, according to the Star Tribune.

Enbridge hopes to finish construction on […]

By |May 11th, 2012|Featured|1 Comment

Obama campaign adds ‘clean coal’ to website after GOP complaints

The Obama campaign added a section on “clean coal” to its website this week after House Republicans alleged that the president’s “all-of-the-above” energy plan neglected the fossil fuel.

“President Obama has set a 10-year goal to develop and deploy cost-effective clean coal technology,” the website now says.

“The Recovery Act invested substantially in carbon capture and sequestration […]

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Social-conservative group backs Fred Upton’s primary foe

The socially conservative Eagle Forum has endorsed against Rep. Fred Upton (R-Mich.), the latest worrisome sign for the House Energy and Commerce Committee chairman in his race against former Michigan state Rep. Jack Hoogendyk (R).

“Now more than any other time in our history, we need solid conservatives, not just ‘go along to get along’ politicians […]

By |May 11th, 2012|Featured|1 Comment

After Criticism, Obama Campaign Site Finally Adds "Clean Coal" To Its Energy Plan

© 2007-2012 American Coalition for Clean Coal Electricity

OVERNIGHT ENERGY: Svinicki nomination to move forward in Senate

State of play: If there was any doubt that top Democrats would (somewhat begrudgingly) move forward with Kristine Svinicki’s re-nomination to the Nuclear Regulatory Commission (NRC), Sen. Barbara Boxer (D-Calif.) put it to rest Thursday.

An aide to Boxer, the chairwoman of the Senate Environment and Public Works Committee, told The Hill that she plans to […]

By |May 11th, 2012|Featured|1 Comment

Senior Interior Department energy official to retire

Robert Abbey, director of the Interior Department’s Bureau of Land Management, is leaving the department at the end of May.

The bureau oversees energy development, conservation, recreation and other uses of vast tracts of public lands in western states.

Interior Secretary Ken Salazar praised Abbey’s three years heading BLM, which was part of a 34-year tenure in […]

By |May 11th, 2012|Featured|1 Comment