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LePage says he favors Canadian oil pipeline
Portland Press Herald
The governor of Maine is lending his support to TransCanada's proposed west-east pipeline, saying his state would welcome Alberta's oil. The transportation of crude was a key issue as the New England governors and Eastern Canadian premiers held their annual meeting in La Malbaie, Quebec, where Gov. Paul LePage expressed his support for the $12 billion development.
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Legislative Updates



Oil firms queried on reserves
The Wall Street Journal
The Securities and Exchange Commission is pressing energy companies in the U.S. to disclose how much of their reserves — a key gauge of future profit — consists of oil rather than less valuable liquids like propane. After prodding from regulators, companies including BHP Billiton Ltd. and ConocoPhillips have recently joined Exxon Mobil Corp. and Anadarko Petroleum Corp. in agreeing to break out how much of the fuel they can pump at a profit is crude rather than liquids derived from natural gas.
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Industry Headlines



Capturing and storing carbon: Is it worth it?
By Stefanie Heerwig
Carbon capture and storage, or CCS, has been widely heard about, widely demonized but also widely misunderstood. CCS is basically the idea that the fossil fuel industry could carry on forever because we can trap carbon dioxide first by capturing it with help of a wide range of technologies, then by compressing and transporting it and injecting it deep underground. President Barack Obama has incorporated it as one of the main actions by the U.S. in the fight against climate change. Research in the field has been immense, though many questions are still open.
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Greenpeace protests Arctic drilling as polar bears flourish
The Daily Caller
As many as 3,000 protesters took to the streets of London and marched alongside a double-decker-bus sized polar bear puppet, calling for bans on oil and natural gas drilling in the Arctic. The environmental group Greenpeace, which organized the protests, argues that oil and gas drilling contributes to global warming, which in turn reduces Arctic ice cover and causes polar bears to become endangered species.
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LAST WEEK'S MOST POPULAR ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    West Bath spill exemplifies how quickly costs mount (Portland Press Herald)
South Portland proposal threatens critical infrastructure (The Maine Wire)
Will natural gas alleviate Maine's energy woes? (Mainebiz)
A few thoughts on winter and US natural gas (Platts)
Why Obama just named Sweden as a model for energy policy (Think Progress)

Don't be left behind. Click here to see what else you missed.


Jobs boom from US oil and gas
ABC News
A forecast by a well-known economics consulting firm says the oil and gas boom in the U.S. is having a larger impact on jobs than previously thought. "The economic and employment contributions from unconventional oil and gas production are now being felt throughout the economy," increasing household incomes, boosting trade and contributing to a new increase in American competitiveness, a new study by IHS finds.
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The other boom: Update on the Arctic Basin and its role in global energy
By Lucy Wallwork
All eyes are currently on the U.S. energy boom, led by the unprecedented exploitation of unconventional reserves. But what progress has there been on exploration of the vast reserves lying under the Arctic Ocean? And how have they been adapting to the transformed market realities? After an initial burst of excitement — as technically challenging Arctic exploration finally became commercially feasible — oil majors have backed off in recent months.
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Safety Updates



Keep pressure on for safety
The Bismarck Tribune
Working in the western North Dakota oil patch can be dangerous — especially if the worker is a rookie, a person without experience on rigs or in working with industrial equipment. It's a commonsense judgment that the numbers bear out. Since October 2011, the Occupational Safety and Health Administration has conducted 41 fatality investigations. Over the past two years, the number of complaints from workers about unsafe conditions has tripled.
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Safety rules lag as oil transport by train rises
CBC News
The sight of a locomotive hauling 100,000 liters of light crude oil through a small Canadian town like Lac-Mégantic was nearly unimaginable just a few years ago. But as North American oil production continues to outpace pipeline capacity, shipment by rail is increasingly common, and critics worry that safety regulations have not kept up with expansion.
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Convenience Stores



Gas prices under $3 a gallon may be automotive history
Convenience Store News
Gas prices are about to reach a milestone. For the first time on record, the national average price for a gallon of regular gasoline is set to surpass $3 per gallon on Sept. 17 for the 1,000th consecutive day, reported AAA. This streak began on Dec. 23, 2010. AAA forecasts that the national average will remain about $3 per gallon for at least another 1,000 days, barring a major economic recession.
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