High Gas Prices Prompt Bush's Decision To Lift Ban On Offshore Oil Drilling

With pipeline infrastructure lagging the rapid increase in US crude oil production, railroads have been the preferred option for moving product to market, but a number of high-profile accidents involving crude oil tank cars are raising concerns. [New York Times]

The recent UN Investor Summit on Climate Risk highlights the growth in sustainable investing and shows that institutional investors are increasingly taking action to influence companies’ greenhouse gas emissions reduction strategies. [Boston Globe]

Following a pipeline rupture in Canada, Excel Energy is asking customers in Minnesota and North Dakota to reduce their natural gas consumption amid supply concerns. [Local Fox Affiliate]