Five Energy Stories Worth Reading Today (7/31/12)
Here are five recommended reads for today (7/31/12)
- The Washington Post reports: “Natural gas futures in New York have surged 69 percent since hitting a 10-year low this spring. Power plants are burning more natural gas for electricity as homes and businesses crank up the air conditioning. And natural gas companies are finally cutting back after a production boom that pushed supplies this winter to the highest level on record.”
- According to Climate Progress, “Coal and utilities groups launched a deep-pocketed campaign last month to defeat a November ballot initiative that would raise Michigan’s renewable energy standard for utilities to 25 percent.”
- Renewable Energy World wonders whether the U.S. production tax credit (PTC) for wind power will expire, and notes that the PTC “has helped to make wind energy a lucrative and worthwhile pursuit for developers and utilities alike, and its relative stability over recent years has allowed projects to move ahead with confidence.”
- CNNMoney reports, “One of the worst droughts in U.S. history is hampering oil production, pitting farmers against oilmen and highlighting just how dependent on water modern U.S. energy development has become.” The article also points out that “fracking” requires a great deal of water – “18 Olympic-sized swimming pools worth of water per well.”
- A new poll by Public Opinion Strategies finds that “an overwhelming majority of Iowa voters see wind energy as an important part of the state’s economy and as an important resource for creating jobs,” and therefore “would be less likely to support an anti-wind candidate for office.”

