Judge rules feds liable for Katrina, flood damage


The way in which the Army Corps of Engineers managed the Mississippi River-Gulf Outlet means the federal government has some liability for damage done by Hurricane Katrina and other flooding in the area, according to Judge Susan Braden’s ruling handed down last week, E&E reports.

Revenue sharing important to marshall offshore support: McCrory


Revenue sharing would help to get states on board supporting more offshore drilling, Gov. Pat McCrory, R-N.C., told the Offshore Technology Conference in Houston Monday, FuelFix reports.

Banks prepared for oil, gas loan defaults

The Wall Street Journal

Defaults on loans to the oil and gas industry may well rise this year but banks have told the Federal Reserve they’re ready for them, The Wall Street Journal reports.

Energy self-sufficiency would help U.S. economy: IMF

The Wall Street Journal

If the shale boom actually does make the U.S. self-sufficient in energy, that would help boost the country’s economy over the long term, according to a paper from the International Monetary Fund, The Wall Street Journal reports.

Seattle mayor: Port needs new permit for Arctic oil fleet

SEATTLE (AP) — Weeks before a 400-foot oil-drilling rig is expected in Seattle, the city's mayor Ed Murray said Monday the Port of Seattle can't host Royal Dutch Shell offshore Arctic fleet until it gets a new land-use permit.

Shell has been planning to base its fleet — including a drill rig and two tug boats — at the port's Terminal 5 across from downtown Seattle for six months each year, when they're not being used in the Arctic. Environmentalists have already sued over the plan, saying the port broke state law in February when it signed a two-year lease with Foss Maritime, whose client is Shell.

Where they stand: Fiorina on key topics of 2016 campaign

DES MOINES, Iowa (AP) — A snapshot of where former Hewlett-Packard CEO Carly Fiorina stands on issues likely to be debated during the 2016 Republican presidential nomination race, as she opens her campaign:

Where They Stand: Ben Carson on issues of 2016 campaign

ATLANTA (AP) — Retired neurosurgeon Ben Carson has joined the race for the Republican presidential nomination. Here's a look at where Carson, who has never held public office, stands on issues that could help determine the GOP nominee:

Supreme Court will hear appeal over energy regulation

WASHINGTON (AP) — The Supreme Court said Monday it will hear a dispute over a regulation that offers financial incentives to factories, retailers and other large electricity users to reduce their power consumption.

The justices agreed to review a lower court ruling that struck down a Federal Energy Regulatory Commission rule that requires utilities to pay energy consumers for lowering electricity use during times of peak demand.

Study: Cutting carbon dioxide saves 3,500 US lives a year

WASHINGTON (AP) — The Obama Administration's hotly debated plan to reduce heat-trapping carbon dioxide from the nation's power plants will save about 3,500 lives a year by cutting back on other types of pollution as well, a new independent study concludes.

The study from Harvard and Syracuse University calculates the decline in heart attacks and lung disease when soot and smog are reduced — an anticipated byproduct of the president's proposed power plant rule, which aims to fight global warming by limiting carbon dioxide emissions.

Senate Energy and Natural Resources Committee photo.

Murkowski zeroes in on wildfire management, bipartisan energy bill

With the wildfire season nearing out West, Senate Energy and Natural Resources Committee Chair Lisa Murkowski is exploring ways to improve the federal government’s firefighting capabilities this week, while pressing ahead behind the scenes on her efforts to craft a bipartisan energy policy bill.


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