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newsclips -- Newsclips for November 1, 2010.
Posted: 01 Nov 2010 15:45:55
California Air Resources Board News Clips for November 1, 2010. This is a service of the California Air Resources Board’s Office of Communications. You may need to sign in or register with individual websites to view some of the following news articles. CAP AND TRADE California Regulators Move Cap-And-Trade Rules Forward. San Francisco -California regulators issued on Friday proposed cap-and-trade rules they plan to adopt by the end of the year, a key part of a state climate law that is being challenged in next week's election. Under the proposed cap-and-trade rules, scheduled to start in 2012, the state Air Resources Board would place a limit, or cap, on greenhouse-gas emissions for the state that would decline over time. Greenhouse-gas emitters would need to obtain allowances to emit carbon dioxide from the state or other polluters with excess allowances. Posted. http://online.wsj.com/article/BT-CO-20101029-720286.html State Unveils New Rule For Battling Climate Change. Regulation would reduce pollution, but voters may suspend entire project. Sacramento - — The most controversial piece of California's efforts to battle climate change, a cap-and-trade program for large polluters, was unveiled Friday by the California Air Resources Board just days before the state's voters will decide whether to put the entire effort on hold. Posted. http://articles.sfgate.com/2010-10-30/news/24545526_1_cap-and-trade-program-climate-change-carbon-dioxide Recession Cut Level Of California's Carbon Cap. Lower pollution levels brought on by California's struggling economy have prompted the state to ratchet down its proposed cap on greenhouse gas emissions for 2012.On Friday, the California Air Resources Board unveiled new regulations for its cap-and-trade program, which places limits on the amount of carbon that the state's largest oil refineries and power companies can emit. Posted. http://www.sacbee.com/2010/10/30/v-print/3144519/recession-cut-level-of-californias.html California Unveils New Climate Law Rules. California plans a soft start to its new cap and trade program, which places tough new restrictions on the amount of greenhouse gases produced by California companies. The California Air Resources Board today unveiled the new regulations for the cap and trade program, which sets a ceiling on the amount of carbon that refiners, power companies and major manufacturers can emit each year. Posted. http://www.fresnobee.com/2010/10/29/v-print/2137998/california-unveils-new-climate.html California Releases Landmark Global Warming Rules. Roughly 600 of California's major polluters -- from oil refineries to power plants and factories -- will face mandatory limits on the amount of greenhouse gases they emit, starting Jan. 1, 2012, under new rules released Friday by state air regulators. The facilities will be able to trade pollution credits under a new "cap and trade" market, and will be allowed to use projects that offset global warming, such as tree planting, to cover up to 8 percent of their emissions limits. Posted. http://www.insidebayarea.com/oaklandtribune/localnews/ci_16473945?source=rss California Doubles Offset Use in Cap-and-Trade Plan. (Updates with carbon permit price floor starting in the ninth paragraph.) -- California environmental regulators plan to let power plants, oil refineries and factories use more carbon offsets to meet pollution targets in the state's cap-and- trade program for greenhouse gases. Posted. http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/10/28/bloomberg1376-LB1W7D6S972801-1V45DHVUE5EPMUK6CPPHD594O7.DTL&type=printable California Carbon Auctions in 2015 May Boost Gasoline Prices. California's planned cap-and-trade program for greenhouse gases may raise gasoline prices in 2015 when oil refiners are required to start buying carbon dioxide permits for pollution from cars and trucks, a state agency said. The program would regulate carbon dioxide emissions from the vehicles when they burn oil-based fuels. Posted. http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/10/28/bloomberg1376-LB27O71A74E901-6ETG1T1AGITGP64MEGHMQPI0NP.DTL&type=printable State Releases Landmark Global Warming Rules. Roughly 600 of California's major polluters -- from oil refineries to power plants and factories -- will face mandatory limits on the amount of greenhouse gases they emit, starting Jan. 1, 2012, under new rules released Friday by state air regulators. The facilities will be able to trade pollution credits under a new "cap and trade" market, and will be allowed to use projects that offset global warming, such as tree planting, to cover up to 8 percent of their emissions limits. Posted. http://www.mercurynews.com/science/ci_16473944?source=rss California Unveils Greenhouse Gas Trading Plan. San Francisco - California unveiled on Friday its final blueprint of a market system to curb greenhouse gases, relaxing expected rules in the face of a weak economy in a measure that could set the tone for the nation's climate policy. By agreeing to give away virtually all necessary permits to factories and power plants when the program starts in 2012, rather than sell them at auction, the U.S state with the biggest economy and population is acknowledging the challenges of double-digit unemployment -- and the reality that pollution decreases as the economy slows. Posted. http://af.reuters.com/article/energyOilNews/idAFN2926068420101029?pageNumber=2&virtualBrandChannel=0&sp=true California Voters Could Reverse State Level Regulations Modeled After Kyoto Protocol. Americans living in the most industrialized regions of the country have a special stake in the outcome of a California ballot initiative that would suspend implementation of that state’s global warming law until after unemployment drops, according to policy experts who favor a free market response to energy needs. Posted. http://news.yahoo.com/s/dailycaller/20101101/pl_dailycaller/californiavoterscouldreversestatelevelregulationsmodeledafterkyotoprotocol_1/print Why California's Environmentalists May Defeat Prop 23. Environmentalists are great at visualizing catastrophe - just see An Inconvenient Truth - but even the most doom-filled green would have had a difficult time imagining the past 12 months. From the debacle of the hacked Climategate e-mails to the bitter disappointment of Copenhagen to the slow death of carbon cap and trade in the Senate, the past year has mostly been one of reversals for the U.S. environmental movement. The midterm elections aren't looking any better. Tea Party–backed candidates not only oppose cap and trade, they question the reality of climate change. Posted. http://news.yahoo.com/s/time/20101101/hl_time/08599202835500 Calif. Releases Landmark Rulings. About 600 of California's major polluters -- from oil refineries to power plants and factories -- will face mandatory limits on the amount of greenhouse gases they emit, starting Jan. 1, 2012, under rules released Friday by state air regulators. The facilities will be able to trade pollution credits under a new "cap and trade" market, and will be allowed to use projects that offset global warming, such as tree planting, to cover up to 8 percent of their emissions limits. Posted. http://www.dailydemocrat.com/rss/ci_16483970?source=rss California Doubles Carbon-Offset Use in Cap-and-Trade Plan to Meet Targets. California environmental regulators plan to let power plants, oil refineries and factories use more carbon offsets to meet pollution targets in the state’s cap-and- trade program for greenhouse gases. Companies in the cap-and-trade program could use the offsets, which are pollution cuts from unregulated sources such as farms and forests, to meet up to 8 percent of their “compliance obligation,” the California Air Resources Board said in a report on its website. Posted. http://www.bloomberg.com/news/print/2010-10-29/california-regulators-double-carbon-offset-usage-in-cap-and-trade-program.html California Regulators Move Cap-And-Trade Rules Forward. San Francisco (Dow Jones)-California regulators issued on Friday proposed cap-and-trade rules they plan to adopt by the end of the year, a key part of a state climate law that is being challenged in next week's election. Under the proposed cap-and-trade rules, scheduled to start in 2012, the state Air Resources Board would place a limit, or cap, on greenhouse-gas emissions for the state that would decline over time. Posted. http://www.foxbusiness.com/markets/2010/10/29/california-regulators-cap-trade-rules-forward/ California Carbon Auctions in 2015 May Boost Gasoline Prices. California’s planned cap-and-trade program for greenhouse gases may raise gasoline prices in 2015 when oil refiners are required to start buying carbon dioxide permits for pollution from cars and trucks, a state agency said. The program would regulate carbon dioxide emissions from the vehicles when they burn oil-based fuelsPosted. http://www.businessweek.com/news/2010-10-29/california-carbon-auctions-in-2015-may-boost-gasoline-prices.html California Reveals Terms Of Nation's First Economywide CO2 Cap-And-Trade System. California regulators have released the country's first comprehensive, mandatory emissions trading system for greenhouse gases. The California Air Resources Board issued a preliminary design last week detailing how approximately 2.7 billion allowances will be distributed to emitters in their effort to reduce greenhouse gas emissions to 1990 levels by 2020 -- an amount anywhere between 18 million and 27 million metric tons of CO2 equivalent. Posted. http://www.eenews.net/climatewire/print/2010/11/01/3 Cap and Trade, the California Way. Months after federal cap-and-trade legislation died in the Senate and days before California voters will decide on a fiercely fought ballot initiative to deep-freeze the state’s global-warming-prevention law, state regulators released hundreds of pages of rules on Friday for how the law is to be applied, industry by industry. Posted. http://green.blogs.nytimes.com/2010/10/31/cap-and-trade-the-california-way/?pagemode=print ARB Shows Its Cap-And-Trade Cards Before Voters Play Prop 23 Hand. While most of the rest of California is talking about whether to suspend or continue with AB 32, the state's Air Resources Board has released a plan about how they'd run the landmark greenhouse gas law's central program - the cap and trade program - and they're looking for public comment. Starting in two years, the first phase of the cap and trade program includes electricity and large industrial facilities. Posted. http://www.scpr.org/blogs/environment/2010/10/30/arb-shows-its-cap-and-trade-cards-voters-play-prop/ Cap-And-Trade Program Unveiled By California's Air Board. With voters headed to the polls Tuesday to decide the fate of California's climate change law, regulators are pressing ahead with a key part of the statute that puts limits on how much the state's companies can pollute. The California Air Resources Board today will unveil new rules and regulations for a cap-and-trade program. It will set a ceiling on the amount of carbon that refiners, power companies and major manufacturers can emit each year. Posted. http://www.mcclatchydc.com/2010/10/29/v-print/102816/cap-and-trade-program-unveiled.html California Air Resources Board Reveals Cap And Trade Regulation. The California Air Resources Board (ARB) has revealed its greenhouse gas cap-and-trade regulation that will impact transportation fuels. It will provide an overall limit on the emissions from sources responsible for 85 per cent of California’s greenhouse gas emissions and is designed to work in collaboration with other complementary policies to expand energy efficiency programs and reduce vehicle emissions while encouraging innovation. Posted. http://www.thegreencarwebsite.co.uk/blog/index.php/2010/10/31/california-air-resources-board-reveals-cap-and-trade-regulation/ ARB Releases Proposed Cap-And-Trade Regulation For Comment; Transportation Fuels Impacted In 2015. The California Air Resources Board released its proposed greenhouse gas cap-and-trade regulation. The release begins a public comment period culminating in a 16 December public hearing in Sacramento, California, at which the Board will consider adopting the proposed program. During the public comment period, ARB staff will continue to meet with stakeholders to refine the regulation and develop proposed changes to present at the Board hearing. Posted. http://www.favstocks.com/arb-releases-proposed-cap-and-trade-regulation-for-comment-transportation-fuels-impacted-in-2015/2927250/ California Unveils Final Plan For Cap-And-Trade Scheme. Regional carbon trading scheme on track to launch in 2012. California unveiled the final draft proposals for its planned emissions cap-and-trade programme late last week, prompting a mixed reception from business leaders. While some Californians see the regulations as a positive spur for green jobs, others have criticized the policy as being too ambitious given the current economic challenges faced by the state. Posted. http://www.businessgreen.com/articles/print/2272505 California Reveals Terms Of Nation's First Economy-Wide CO2 Cap-And-Trade System. The California Air Resources Board issued a preliminary design last week for the country's first comprehensive, mandatory emissions trading system for greenhouse gases. California regulators have released the country's first comprehensive, mandatory emissions trading system for greenhouse gases. Posted. http://www.scientificamerican.com/article.cfm?id=california-reveals-terms-cap-and-trade&print=true California Unveils Greenhouse Gas Trading Plan. San Francisco – California unveiled on Friday its final blueprint of a market system to curb greenhouse gases, relaxing expected rules in the face of a weak economy in a measure that could set the tone for the nation's climate policy. By agreeing to give away virtually all necessary permits to factories and power plants when the program starts in 2012 … Posted. http://news.yahoo.com/s/nm/20101029/us_nm/us_carbon_california California ARB Releases Proposed GHG Regulation. The California Air Resources Board (ARB) has released its proposed greenhouse gas (GHG) cap-and-trade regulation. The release begins a public comment period culminating in a Dec. 16 public hearing in Sacramento, Calif., at which ARB will consider adopting the proposed program. During the public comment period, ARB staff will continue to meet with stakeholders to refine the regulation and develop proposed changes to present at the hearing. Posted. http://www.nawindpower.com/naw/e107_plugins/content/content.php?content.6791 California Issues Softened ETS Rules. California’s Air Resources Board (ARB) has released draft final rules on the operation of the state’s emissions trading scheme, the cornerstone of the state’s landmark global warming bill, AB 32. The release comes on the eve of US mid-term elections and appears to be framed to help combat attempts to delay its implementation. Posted. http://www.carbonpositive.net/viewarticle.aspx?articleID=2159 CLIMATE CHANGE Oil And Tobacco Companies Face Off Against Environmentalists On Prop. 26. Until recently, Prop. 26, which would require the Legislature and local governments to use a two-thirds vote rather than a simple majority to pass fees on businesses, had been overshadowed by other measures. In the last two weeks of the campaign, oil companies have poured millions of dollars into promoting Proposition 26, a measure on Tuesday's ballot that would require a two-thirds vote, rather than a simple majority, for the state Legislature and local governments to assess many fees on business. Posted. http://www.latimes.com/news/local/la-me-prop26-20101101,0,2866295,print.story Prop. 23 Is A Money Saver, Valero Contends. The Texas oil company says its big Wilmington refinery would face prohibitive new costs, which it would have to pass on to consumers, if there's no relief from California's new emissions law. The Valero oil refinery sprawls over 140 acres beside the Port of Long Beach, a treeless tangle of steel pipes, smokestacks, boilers and storage tanks fenced in by chain link and razor wire. Posted. http://www.latimes.com/business/la-fi-1031-prop-23-refineries-20101031,0,1946569,print.story Ballot Initiatives Divide A Usually United Business Front. Propositions that, among others, would suspend California's emissions law and make it more difficult for governments to impose new fees draw less-than-unanimous support. Reporting from Sacramento. California business usually shows singular unanimity on election day. This year is a bit different. With voting Tuesday, the business community has coalesced, as usual, behind Republican candidates, including gubernatorial hopeful Meg Whitman, who is promising tax cuts and reduced regulation. Posted. http://www.latimes.com/business/la-fi-business-election-20101031,0,2963099,print.story GOP Plans Attacks On The EPA And Climate Scientists. If Republicans win control of the House, they plan to go after the Obama administration's environmental policies and the researchers who have offered evidence on global warming, whom they accuse of manipulating data. If the GOP wins control of the House next week, senior congressional Republicans plan to launch a blistering attack on the Obama administration's environmental policies, as well as on scientists who link air pollution to climate change. Posted. http://www.latimes.com/news/nationworld/nation/la-na-epa-battle-ahead-20101030,0,2933063,print.story Scenarios: Republican Election Impact On Climate Change. Republicans are poised to make big gains in Tuesday's congressional elections, putting them in position to reverse Democrats' drive for comprehensive climate change legislation. President Barack Obama's Democrats, who largely support legislation requiring the first mandatory cuts in greenhouse gas pollution, currently hold majorities in both chambers of the U.S. Congress. Posted. http://www.reuters.com/article/idUSTRE6A04Y920101101 Uncertainty In US Energy Policy Is Cleantech’s Real Challenge. Californians will be voting tomorrow on Proposition 23, which would suspend AB32, California’s global warming law introduced in 2006 to reduce the state’s greenhouse gas emissions. AB32 is considered a pioneering piece of legislation that could lead the US into a clean energy economy, and startups and venture firms that back them have been drawn to California by the proposed law. Posted. http://venturebeat.com/2010/11/01/uncertainty-in-us-energy-policy-is-cleantech%E2%80%99s-real-challenge/ Chevron Spending $4 million on Prop 26, Prop 23's Stealthier Twin. Chevron CEO John Watson recently insisted his company is neutral on California Proposition 23, even though the so-called Dirty Energy Proposition seems like such a good fit. Chevron's money may be on a different horse, but the company is still in the same race to beat back environmental regulations and protect dirty energy profits. Posted. http://www.huffingtonpost.com/rebecca-tarbotton/chevron-spending-4-millio_b_777093.html?view=print FUELS California Voters To Determine Future Of LCFS. Environmental groups and transportation fuel manufacturers nationwide will be keeping a watchful eye on the results of California’s mid-term elections Nov. 2. On the ballot is a proposition that could effectively halt most of the state’s efforts to reduce greenhouse gas (GHG emissions) by implementing measures to promote renewable resources and lower carbon fuels. Posted. http://www.ethanolproducer.com/article-print.jsp?article_id=7100 GREEN ENERGY Solar Farm Sparks Heated Debate In California's Panoche Valley. San Benito County officials support a proposed Solargen facility just south of San Francisco Bay, but local farmers and ranchers say it will ruin their livelihoods and further endanger some species. A kind of family feud has erupted in San Benito County's rich slice of Central California farmland over plans to build a massive solar power facility in a valley shared by 20 ranchers and organic farmers and some of the rarest creatures in the United States. Posted. http://www.latimes.com/news/local/la-me-solar-panoche-20101101,0,3099917,print.story Nissan Shows Tiny Electric Concept Vehicle. Yokohama, Japan -- Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions to be the leader in zero-emission cars. Nissan Motor is planning to produce 250,000 electric vehicles a year, starting with the Leaf electric car set for delivery in Japan and the U.S. in December, and next year in Europe. Its alliance partner Renault of France is planning to produce another 250,000 electric vehicles a year. Posted. http://www.mercurynews.com/green-energy/ci_16491364 OPINION Dan Walters: New 'Big Four' Promise Big Impact. Polls tell us that all but a handful of Californians are very unhappy with the direction of the state and hunger for change, even if they disagree vehemently on what kind of change it should be. Change, however, is already in the air, because as Arnold Schwarzenegger exits the governorship he leaves behind four powerful – albeit unelected – agencies that could profoundly remake the state's economy and culture. One of those agencies, the Air Resources Board, predates Schwarzenegger. Posted. http://www.sacbee.com/2010/11/01/v-print/3147922/dan-walters-new-big-four-promise.html http://www.mercedsunstar.com/2010/11/01/1633955/dan-walters-change-is-in-the-air.html California's Dirty Prop 23. IT'S NOT Plan A, B or even C, but if Congress continues to do nothing on climate change, environmentalists can at least take heart that some states are planning to cut greenhouse emissions on their own. As usual on such issues, California leads the way, with a robust greenhouse gas law mandating a reduction in the state's emissions to 1990 levels by 2020, which its state legislature approved in 2006. Posted. http://www.washingtonpost.com/wp-dyn/content/article/2010/10/30/AR2010103003474_pf.html Letter: Face inconvenient truths on Prop. 23. I laughed reading Dan Carter and Francis Farley's letters denouncing Proposition 23 suspending California's AB32 global warming law. They regurgitate emotional talking points like: "Say no to greedy Texas oil companies." Some inconvenient facts: 1. The New York Times reported that the "no on 23 forces" had raised $16.3 million to the yes campaign's $8.9 million, according to California Secretary of State. Where's big greed now? Follow the money. Posted. http://www.chicoer.com/opinion/ci_16483171 OK Prop. 23 to save money. Vote “yes” on Prop. 23, which will delay the implementation of AB32 until the economy has improved. This is very reasonable. There is no question the regulations and the cap-and-tax program created by AB32 will reduce the number of jobs, slow the economic recovery and increase the unfriendly business environment in California. AB32 is intended to reduce greenhouse gasses. Here is what you haven’t been told: Posted. http://www.santamariatimes.com/news/opinion/mailbag/article_c3e0d2b6-e484-11df-80c2-001cc4c03286.html Letters Blog: AB32: Powered Up By False Premises. Unlike doctors, there is no Hippocratic Oath for politicians promising to do no harm to their patients. Assembly Bill 32, The Global Warming Solutions Act of 2006 will do great economic harm to California citizens with no perceptible benefit. Proposition 23 would suspend implementation of AB32 until the state’s unemployment rate drops to 5.5 percent. It’s helpful to examine the premises of AB32 and determine their validity. The stated purpose was to “achieve real, quantifiable, cost-effective reductions of greenhouse gases.” Posted. http://www.ocregister.com/opinion/letters-273493-powered-premises.html Why California's Prop 23 is Essential to Economy. Reports last month showed that California’s Air Resources Board miscalculated and overstated the state’s diesel pollution levels by more than 300 percent. This egregious error has major policy implications. The ARB, responsible for researching, calculating and implementing California’s air quality standards, originally claimed that California’s off-road machinery uses one billion gallons of diesel fuel per year. The ARB now admits, however, that the actual number is closer to 228 million gallons. Posted. http://www.opposingviews.com/i/why-california-s-prop-23-is-essential-to-economy California Voters Could Reverse State Level Regulations Modeled After Kyoto Protocol. Americans living in the most industrialized regions of the country have a special stake in the outcome of a California ballot initiative that would suspend implementation of that state’s global warming law until after unemployment drops, according to policy experts who favor a free market response to energy needs. Posted. http://news.yahoo.com/s/dailycaller/20101101/pl_dailycaller/californiavoterscouldreversestatelevelregulationsmodeledafterkyotoprotocol_1/print Why California's Environmentalists May Defeat Prop 23. Environmentalists are great at visualizing catastrophe - just see An Inconvenient Truth - but even the most doom-filled green would have had a difficult time imagining the past 12 months. From the debacle of the hacked Climategate e-mails to the bitter disappointment of Copenhagen to the slow death of carbon cap and trade in the Senate, the past year has mostly been one of reversals for the U.S. environmental movement. Posted. http://news.yahoo.com/s/time/20101101/hl_time/08599202835500 BLOGS Prop. 23: Why Did Valero Launch A Crusade Against California's Climate Law? In the most closely watched environmental election fight in the country, national conservation groups, Silicon Valley moguls, Hollywood celebrities and California politicians have waged a scorched-earth campaign against Valero Energy Corp., the nation's biggest independent oil refiner and the principal backer of Proposition 23, a Nov. 2 ballot measure to suspend California's ambitious global-warming law. Posted. http://latimesblogs.latimes.com/greenspace/2010/10/prop-23-valero-global-warming-oil-refineries.html Big Oil Companies Push Prop. 26. When Chevron, California's largest company, looked at how it could wield influence in this election cycle, it shunned Proposition 23, the high-profile ballot initiative to suspend the state's global-warming law. So did Shell, Conoco Phillips and ExxonMobil. But if many of the large oil-producing companies judged the global-warming initiative as too controversial, and unlikely to succeed, they found another way to express their views. Posted. http://latimesblogs.latimes.com/california-politics/2010/11/prop-26-a-new-strategy-for-big-oil.html Prop 23: The Whole World Watches as Narrow Interests and the Planet Collide in California. With the election of 2010 imminent, all eyes that are looking hopefully in the direction of a sustainable future are turned towards California, where two key propositions are providing the opportunity for Golden State voters to show, once again that when it comes to protecting the environment, California is the conscience of the country, if not the world. Most visible has been Proposition 23, which seeks to suspend the provisions of State Law AB32, the Global Warming Act of 2006, until the state unemployment rate reaches 5.5% for four consecutive quarters, a level that has only occurred for three years since 1980. Posted. http://www.triplepundit.com/blog/2010/11/01/prop-23-world-watches-narrow-interests-planet-collide-california/ Guest Post: Prop 23 Threatens California’s Clean Energy Future. 500,000 new jobs in green energy can’t be wrong, says Martin Chavez. Local governments across California are facing an assault on their efforts to create green jobs and foster vital business development through clean technology industries, and it will be up to voters on November 2nd to decide their fate. Posted. http://www.greentechmedia.com/articles/print/guest-post-prop-23-threatens-californias-clean-energy-future/ San Bernardino Solar Installation Approved. In two months, the California Energy Commission has blazed through seven solar power plant proposals, giving them the go-ahead to start construction in the desert. The most recent, the 664-megawatt Calico Solar Project planned for San Bernardino County, was unanimously cleared Thursday. Regulators from the federal Bureau of Land Management issued their own approval last week. Posted. http://latimesblogs.latimes.com/greenspace/2010/10/calico-solar-installation-approved.html A Big Bet on Natural Gas. Exxon Mobil is the biggest publicly traded company in the world, but its stock price has been lagging over the last year chiefly because a lot of people wonder why it’s making such a big bet on natural gas. Exxon Mobil spent $41 billion a year ago to acquire XTO Energy, doubling its natural gas reserves. And it is building up a massive liquefied natural gas capacity around the globe. Too bad for Exxon Mobil that a gas glut in the United States and elsewhere is causing gas prices to tank, and a boom in shale drilling promises moderate prices for years to come. Posted. http://green.blogs.nytimes.com/2010/10/30/betting-big-on-natural-gas/?pagemode=print