NEW YORK (AP) — Fearing that a severe storm could wreak havoc with New York City's power system, New York Gov. Andrew Cuomo intervened in a labor dispute between Consolidated Edison and its workers and brokered a tentative agreement Thursday after a weeks-long standoff.
"You don't want a storm hitting New York City without Con Ed being at full force," Cuomo said at a news conference announcing that an agreement had been reached.
Consolidated Edison, Inc. is anxious to resume negotiations with its largest union, Bloomberg reports. The company locked out 8,000 workers after failed negotiations and has temporarily set 5,000 managers in their place.
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., asked the Justice Department to join the European Union's probe of possible oil price manipulation, Reuters reports.
Nuclear Regulatory Commission Chairman Allison Macfarlane said the NRC can't consider a public hearing on the San Onofre nuclear plant until June, when an appeal period of an Atomic Safety and Licensing Board ruling ends.
Sens. Bob Corker, R-Tenn., and Joe Manchin, D-W.V., introduced a bill that would ensure that only domestically-made biofuels can be used to meet the Renewable Fuel Standard, The Chattanoogan reports.
A federal judge refused to reconsider a ruling that upheld the Interior Department's power to ban new hard rock mining projects on federal land, The Associated Press reports.
Tesla Motors increased the value of its stock and debt offerings 30 percent to $1.08 billion to gather reserves and pay back its Energy Department loans, Bloomberg reports.
Poland called on the European Union to end energy subsidies for fossil fuels and renewable sources and cut oil imports to better combat climate change, Bloomberg reports.
The first well reports from the Utica shale in Ohio show a significant supply of natural gas but not as much oil as some energy companies were expecting, Reuters reports.
