Norse Energy Corp ADR (NSEEY)

[reaper247]

Natural Gas news.

(edited for space and content. Full story at link.)

http://www.washingtonpost.com/blogs/ezra-klein/post/getting-ready-for-a-wave-of-coal-plant-shutdowns/2011/08/19/gIQAzkZ0PJ_blog.html

Posted at 12:19 PM ET, 08/19/2011

Getting ready for a wave of coal-plant shutdowns

…Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash—it’s all getting regulated. And, not surprisingly, some lawmakers are grumbling…

…CRS notes that many of the plants most affected by the new EPA rules were facing extinction anyway: “Many of these plants are inefficient and are being replaced by more efficient combined cycle natural gas plants, a development likely to be encouraged if the price of competing fuel—natural gas—continues to be low, almost regardless of EPA rules.”…

IMO and FWIW.