Articles by Jim Polson

Cyber Attacks on U.S. Power Grids Can Be Deterred With Password Changes

A key to preventing cyber attacks from crippling U.S. power grids could be changing passwords on internet routers, wifi-connected thermostats and smart lawn-sprinklers. “A significant share” of internet attacks result from unchanged factory default passwords on web-connected devices that allow …

Another California Utility Loses Billions in Value as Wildfire Rages

Once again, thousands are fleeing a wildfire in California. And, once again, the worry on Wall Street is that a major electric utility might end up on the hook for the damages. Shares of Edison International plunged the most in …

Harvey Set to Bring ‘Catastrophic’ Flooding Across Texas

Harvey, which could strengthen into the first hurricane to strike Texas since 2008, forced workers off Gulf of Mexico platforms, sent cotton rallying and has airlines preparing for flight disruptions. Tropical Storm Harvey, which has shut oil and natural gas …

Matthew Update: 1 Million Still Without Power; Death Toll Rises

Almost 1 million customers were still without power in the U.S. Southeast Monday after Hurricane Matthew brought devastating wind gusts and flooding to North Carolina, leaving at least 10 dead in the state. Duke Energy Corp., owner of North Carolina’s …

Oil Industry Sues to Block U.S. Fracking Regulations

U.S. drillers already reeling from a six- month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit. After three years of debate, the U.S. Interior Department said Friday that …

Obama Administration Releases Regulations on Fracking on Federal Lands

The Obama administration issued the first federal regulations for fracking since the drilling technique fueled a domestic energy boom, requiring extensive disclosures of the chemicals used on public land. After years of debate and delay, the Bureau of Land Management …

Safety an Issue as Oilfield Companies Cut Costs During Downturn

A deadly oil well explosion in Texas’ Permian Basin this week offers a cautionary note of the industry’s challenges as companies cut costs during a market downturn. Even as deaths in the industry have climbed much less than the breakneck …

Exxon Not Liable for Alligators in Mississippi Dump, Court Rules

Exxon Mobil Corp. isn’t responsible for alligators overrunning a rural dump site it owns in Mississippi, the state supreme court ruled, because the global oil explorer can’t control wild animals. The family that felt menaced by the scaly reptiles infesting …

Gas Well Fire Continues to Burn in Penn.; One Missing, One Injured

Chevron Corp. said a Pennsylvania well continues to burn for a second day as the company seeks to shut off the flow of natural gas at the site south of Pittsburgh. “We are developing a site-specific safety plan to identify …