It sounds counterintuitive, but Texas’ energy boom its taxing its energy capacity. “Many municipalities and businesses are bracing for big surcharges this year, after having been hit hard last summer, as energy use by oil drilling and production equipment outpaces the capacity of the region’s power grid.” [Wall Street Journal]

India’s oil imports from Iran have fallen off pretty dramatically. But then, it’s kind of hard to say for sure how much oil Iran is exporting. [Reuters]

And the Southeast Louisiana Flood Protection Authority – East is seeking compensation from companies such as ExxonMobil and BP for “decades of damage” to wetland areas caused by the creation of a network of thousands of miles of access channels and pipeline canals. The story quotes some rather dramatic language from the suit, which “alleges that the network functioned ‘as a mercilessly efficient, continuously expanding system of ecological destruction,'”. [New York Times]