The Trump administration pressed scientists for quick findings, dismissed bad news and revised a report in its push for lease sales, records show. Source: NYT > Business – Henry Fountain and Steve Eder
U.S. Oil Companies Find Energy Independence Isn’t So Profitable
Investors are shunning the industry as prices fall, demand slows and fears grow that climate change will force companies to leave fossil fuels untapped. Source: NYT > Business – Clifford Krauss
Corroded Well Lining Caused Aliso Canyon Gas Leak That Displaced Thousands, Report Says
An inquiry found that SoCalGas had not meaningfully investigated more than 60 leaks before the one in October 2015 that became the largest leak of methane in United States history. Source: NYT > Business – MIHIR ZAVERI
Occidental Offers Another Reason for Anadarko to Accept Its Bid
Occidental says it will sell off a slew of Anadarko investments and use the money to finance its purchase. The move is meant to counter Chevron’s deep pockets. Source: NYT > Business – CLIFFORD KRAUSS
A Key to the Arctic’s Oil Riches Lies Hidden in Ohio
The findings of a test well drilled in Alaska three decades ago have been a closely guarded secret. We found the surprising truth in a Cleveland courthouse. Source: NYT > Business – STEVE EDER and HENRY FOUNTAIN