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EPA Probes Water Well Pollution in PA Gas Field

Date:
March 5, 2012
Source:
AP / Powered by NewsLook.com
Summary:
Residents of Pennsylvania's top natural gas-producing town will soon know what may be lurking in their drinking water wells. Federal environmental regulators are investigating claims of contamination in the town of Dimock.


Related Videos

last updated on 2014-09-03 at 1:40 am EDT

Spain: The Battle Over Water

Spain: The Battle Over Water

Deutsche Welle (Aug. 21, 2013) — As a result of the economic crisis, many municipalities in Spain have sold their public water utilities to private companies. Now some local communities are finding out that the water supply networks are no longer being maintained properly and that water quality is on the decline. By the end of the year, about 60 percent of water utility management will be partly or entirely in private hands, making Spain the frontrunner in water privatization within Europe. Some experts are already calling it a "water bubble, and communities that are still trying to sell their water utilities are no longer able to obtain top prices. Now some communities are trying to regain public control over their water supply.
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Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

TheStreet (July 11, 2014) — Gas Natural, the Ohio-based company mired in scandal, was recently talking to prospective buyers about a sale, but talks came to a screeching halt when former CEO Richard Osborne filed a lawsuit against the company. The scandal started back in November when Ohio regulators ordered an investigation into Gas Natural. In May, the company announced that Osborne would be retiring and his son would take the reins. Late last month, Osborne Senior struck back, filing a lawsuit against the company. The suit has forced Gas Natural to put the sale on the back burner, but sources say that as soon as the matter is settled, the company will once again be on the prowl for a buyer. Even with the controversy surrounding the company, there will be no shortage of buyers as there is an intense level of interest in the gas local distribution space. Similar companies that have recently traded hands have fetched rich ebitda multiples of 10.5 times. With about $20 million in ebitda last year, Gas Natural could easily fetch north of $200 million in a sale. Video provided by TheStreet
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Mass Extinction Looks Like a GMO Field in Iowa

Mass Extinction Looks Like a GMO Field in Iowa

FORA.tv (Aug. 19, 2013) — Mass Extinction Looks Like a GMO Field in Iowa The Long Now Foundation - Our planet gets up to no end of apocalyptic-like tricks over time---periods when it is nearly all ice, all melting ice, all desert, all sea water, all molten lava, and civilizations come and go, sometimes for geological or climate reasons. The planet has samples of all of those conditions that can be visited right now, but no one in their right mind goes there. Craig Childs goes there. One of the world's great intrepid travelers and story-tellers, he finds the places on Earth that are most geologically or climatically dangerous and hangs out, observing closely, giving personal as well as scientific perspective. Through him, we experience "a field guide to the everending Earth."
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Dicker and Link: Obama Emissions Proposal Great News for Natural Gas

Dicker and Link: Obama Emissions Proposal Great News for Natural Gas

TheStreet (June 4, 2014) — Energy contributor Dan Dicker talks with Action Alerts Plus co-portfolio manager Stephanie Link about Obama’s EPA proposal to cut power plant emissions by 30% by 2030. While the final execution of the bill is still years away, the proposal applies more pressure to the coal mining industry, and continues his commitment to unilateral action on climate change. The bill will also help speed the resurgence of natural gas prices and natural gas stocks. Dicker likes Southwestern Energy (SWN), as does Link, who also mentions Fluor (FLR) as a possible play. Video provided by TheStreet
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