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Energy companies dodge billions in taxes

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Shane Thielges | Shale Plays Media The Wall Street Journal reports today that US oil and gas companies are using loopholes to pay significantly lower tax rates. Energy companies are using tax code incentives for drilling and capital expenditures to defer billions of dollars in taxes, the article says. Over the past five years, 20 big publicly traded U.S. oil ...

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Divers stop oil leaking from sunken World War II ship, but threat still looms

Photo of Annette Papa taking a photo of the W.E. Hutton aka Papoose. Photo via evolutionunderwater.com

Jonathan Black | The News & Observer RALEIGH, N.C. The W.E. Hutton is one of hundreds of wrecks off the North Carolina coast, known as the Graveyard of the Atlantic, where treacherous currents, shifting sands and strong storms have feasted on ships for centuries. Earlier this month, the Coast Guard received a call from a fishing boat reporting a small amount ...

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Energy boom brings new focus on rail, pipeline safety

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Jeffrey Stinson | Stateline.org WASHINGTON – The sharp increase in U.S. oil production and its promise of energy independence is coming with a disastrous byproduct: spills that threaten lives, communities and the environment. In the past 18 months, about 1.2 million gallons of crude oil produced in the U.S. or Canada has been spilled from train cars and pipelines in ...

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Jacksonville CNG station for entire public on its way, prompting forecasts for revolution in local truck fuel

Filling up natural gas (Fiat Multipla) By Andreas Geick (Own work) [Public domain], via Wikimedia Commons

Drew Dixon | The Florida Times-Union The rush to make Jacksonville one of the leading players in the natural gas industry took another step Wednesday, when work began on a publicly accessible compressed-natural-gas station. The groundbreaking ceremony at the Southside Industrial Park for Champion Brands beer distributor, which owns the property, and Trillium CNG promised plenty of fuel for Champion trucks ...

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EPA is asking for comments on the new Clean Power Plan proposal

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After holding public hearings on the proposed Clean Power Plan this week in four major cities, the Environmental Protection Agency (EPA) has extended their public opinion outreach by announcing ways for anyone to send in comments related to the recent proposal. This year, the EPA has made plenty of hullabaloo with their carbon emission cuts. The new regulations have been ...

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Oil driller in Everglades forced out of Florida

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William E. Gibson | Sun Sentinel FORT LAUDERDALE, Fla. _ State officials have driven a Texas wildcatter out of Florida, signaling tougher restrictions on oil drilling in the Everglades. Prodded by environmentalists and community activists, the state yanked all drilling permits held by the Dan A. Hughes Co. seven months after it was caught using fracking-like methods to blast open rock ...

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Kansas refinery fire injures four, halts production

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Shane Thielges | Shale Plays Media A fire at a Coffeyville, Kansas refinery early Tuesday prompted the facility to shut down and sent four workers to the hospital. CVR Refining’s 115,000-per-day refinery caught fire around 12:30 a.m. and was extinguished by 1:18 a.m. The blaze broke out in an isomerization unit, used to produce butane and higher-octane gasoline. All four of ...

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Govt fails to vet chemical plants with terror risk

This Thursday, April 18, 2013 aerial photo shows the remains of a nursing home, left, apartment complex, center, and fertilizer plant, right, destroyed by an explosion in West, Texas. AP Photo/Tony Gutierrez

Hope Yen | The Associated Press WASHINGTON — The government has failed to inspect virtually all of the chemical facilities that it considers to be at a higher risk for a terror attack and has underestimated the threat to densely populated cities, congressional investigators say. The year-long investigation by Republican staff on the Senate Homeland Security Committee paints a picture ...

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