THE BALANCE SHEET: MAY 16, 2011

Posted by & filed under The Balance Sheet.

Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT CUTTING OIL SUBSIDIES DOES NOT HURT THE CONSUMER ProPublica brought some much needed attention to a Resources for the Future report showing that cutting taxpayer-funded, corporate welfare to Big Oil would only cost the average American… Read more »

THE BALANCE SHEET: May 11, 2011

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Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT BIG OIL CAUCUS FLIP FLOPS ON SUBSIDIES House Republicans blocked a vote to end subsidies on Thursday. Meanwhile, politicians continue to call for spending cuts out of one side of their mouth, while defending $4 billion… Read more »

Breaking from DeSmogBlog

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DeSmogBlog today released a comprehensive report on the dangers posed by hydraulic fracturing to public drinking water, land and our health. Based on the findings of the report and recent events, DeSmogBlog is calling for a national moratorium on fracking until further independent research demonstrates that the process does not contaminate drinking water, pollute land or impact… Read more »

Gas patch scientists explain how hydraulic fracturing can permanently contaminate public water supplies

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Accounts from two experts show there are plenty of opportunities for toxic chemicals to enter drinking water supplies As gas industry leaders prepare to discuss hydraulic fracturing at a congressional field meeting in California and at a Representatives’ briefing in DC, it will be interesting to hear what is said about the possibility of water… Read more »