Summit in Disarray after 'Danish Text' Leak

Developing countries react furiously to leaked draft agreement that would hand more power to rich nations, sideline the UN's negotiating role and abandon the Kyoto protocol.

See the entire article here:

http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-summit-disarray-danish-text

See the leaked "Danish Text" courtesy The Guardian:

http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-change

Check Out the Climate Deal Draft

Courtesy The Wall Street Journal:

http://online.wsj.com/public/resources/documents/climatedealdraft.pdf

Retail Electricity Suppliers Battle Utilities

BY MARK PETERS

Consumers looking to take advantage of a sharp drop in U.S. power prices increasingly are turning to new suppliers.

The economic downturn, combined with a boom in natural-gas output, has driven wholesale electricity prices sharply lower in the past year, inspiring an increasing number of recession-strapped households to shop around for cheaper rates.

"All of a sudden, we're in a situation where we have competition working," said Ohio Consumers' Counsel Janine Migden-Ostrander, who represents residential ratepayers on regulatory matters.

See the entire article here:

http://online.wsj.com/article/SB125167147019370737.html

Pickens says increasing oil, natural gas exposure

From Reuters:

Tue Oct 6, 2009 5:16pm EDT

Texas oil tycoon T. Boone Pickens said on Tuesday he has increased his long oil and natural gas position in recent weeks.

NEW YORK -- "It's not my personality to be short," said the billionaire who has made his fortune investing in the oil sector.

Oil prices are likely to be around $75 a barrel by the end of 2009 and $85 by the end of 2010, Pickens said, but added that an economic recovery could boost prices much higher.

See entire article here:

http://www.reuters.com/article/reutersComService_3_MOLT/idUSTRE5955OB20091006

Warmer Winter Could Chill Natural Gas

From Forbes:

Jesse Bogan, 10.06.09, 05:00 PM EDT

Some battered producers are turning optimistic, but a government forecast suggests little near-term upside.

HOUSTON -- A bump in natural gas prices and lower operating costs are causing some independent exploration and production companies to talk about picking up drilling activity. However, a report from the U.S. government predicting a milder winter than last could dampen producers' spirits, while lifting those who pay utility bills.

See the entire article here:

http://www.forbes.com/fdc/welcome_mjx.shtml