According to the US panel, 'fracking' to release gas deposits in shale can be done in an environmentally responsible way. The industry hailed the report as refuting shrill critics, but environmentalists decried 'advocacy-based science' by a panel tilted toward the industry.
The administration's decision to release 30 million barrels of oil from the Strategic Petroleum Reserve is pure politics, say some. The White House says it's trying to offset a drop in Libyan light sweet crude – needed for gasoline – at the height of the summer driving season.
Cuba will allow Russia to look for oil and gas in its territorial waters. Environmentalists cringe, but the industry says its time for the US to look for more oil in the Gulf of Mexico, too.