oil and gas leases

4 Stories

Why Fracking Firms Love the Amish: They Don't Sue

'New Republic' reports that energy companies are taking advantage in Ohio

(Newser) - Two things can be found in abundance in eastern Ohio: Amish farms and underground shale formations that hold oil and gas. Turns out, this odd combination is great news for energy companies, reports the New Republic . They can make a fortune extracting the oil and gas through fracking, and they... More »

Obama to Unveil $2B Energy Research Plan

He'd shift revenue from oil and gas leases to pay for it

(Newser) - President Obama wants to get the country off of fossil fuels—using the oil companies' own money. President Obama will today unveil a plan to pump $2 billion into alternative energy research over the next decade, diverting the money from federal oil and gas leases, the New York Times reports.... More »

US Cancels Gas, Oil Leases Near Utah Parks

Administration moves to drilling in environmentally sensitive areas

(Newser) - The Obama administration is scrapping the sales of oil and gas leases on areas of federally protected land spanning 130,000 acres in Utah, Bloomberg reports. “Those are American iconic treasures we need to make sure are being protected,” Interior Secretary Ken Salazar said today, adding that the... More »

Senator Blasts 'Foot-Dragging' on Protecting Polar Bear

Feds delay decision due within 1 year

(Newser) - Three months after the deadline for declaring whether polar bears are a threatened species, the Interior Department hasn't issued a ruling, and Barbara Boxer wants to know why. The influential senator said yesterday she wants Secretary Dirk Kempthorne to appear before the environment committee and “answer questions about the... More »

4 Stories