Does Coal Melt Steel?
AND OTHER SCARY ENERGY STORIES “…the Environmental Protection Agency has put the brakes on 79 surface mining permits in four states since he was elected. The EPA says these permits could violate the Clean Water Act and warrant “enhanced” review. But the agency went even further last week, announcing plans to revoke a permit for the Spruce No. 1 Mine in West Virginia…”–Washington Times “The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.” …”His New York-based hedge-fund firm, Soros Fund Management LLC, sold 22 million U.S.-listed common shares of Petrobras, as the Brazilian oil company is known, according to a filing today with the U.S. Securities and Exchange Commission.
