Architect of Fukushima reactor 3 admitted it's inevitable that melted fuel sank underground and when it reaches underground water it will contaminate it and may cause massive hydrovolcanic explosion.
Kansas utilities filed suit to have courts stay new EPA rule on power plant emissions. If forced to comply they say they will have to impose rolling blackouts.
Railroads are 4x more fuel efficient than trucks.
POWR - up 6% today - intro'd LED lighting to replace fluorescent tubes. 75% greater efficiency, 10-yr lifespan.
Another Volt battery caught fire in tests, feds will do a safety investigation.
Panasonic to invest $582M to build solar cells/modules factory in Malaysia.
Asbestos from closed mine leaking into water near Libby, MT. And Canada's asbestos mines shut down for 1st time in 130 years.
Auto startup Next Autoworks withdrew their ap for $320M loan from DOE's Advanced Tech Vehicle Manufacturing program after officials told them the loan wouldn't be approved. Plans for factory shelved.
Oil Price Info Service says Americans on track to spend $488B on gasoline this year, up $40B from '08 record high.
China to loan Venezuela $4B to help boost their oil output, upgrade power plants and increase production of iron and aluminum.
US livestock farmers demanding change in US ethanol policy saying current rules could cause spikes in meat prices and even shortages at stores if corn growers have a bad year.
Iraq planning to raise crude oil exports to 2.75mb/d next year from this year's 2.2m target.
Repairs to bombed Nigerian oil pipeline to cost $2B.
World Bank predicting 9.1% growth for China this year, 8.4% next year.
Shell signed deal with Turkey's state-run oil/gas comp to explore offshore and SE Turkey.
1st oil will flow next month through new UAE oil pipeline that will bypass Hormuz.
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