Chevron Pays $4.3 Billion for Marcellus Shale Gas

Chevron is buying Atlas Energy to expand its interest in natural gas deposits in the Marcellus Shale in Pennsylvania. The second-largest energy company in the Unites States, Chevron’s purchase is another big investment in natural gas after the larger Exxon Mobil bought XTO Energy last year. These deals continue despite the low price for natural gas and environmental concerns about the natural gas extraction technique called hydraulic fracturing.

http://dealbook.nytimes.com/2010/11/09/chevron-to-buy-atlas-energy-for-3-billion/?ref=business

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Controversy over Time Magazine cover on Women and Afghan War

The Time cover story with the photograph of an Afghan woman who has lost her nose has generated a larger debate on the role of the United States in Afghanistan and the use of the condition of women as an argument to continue the U.S. presence.

Read the story here.

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AP: San Francisco board passes cell phone emissions law

San Francisco Board of Supervisors passed an ordinance that will require cell phone retailers to disclose to customers the phones’ specific absorption rate, or SAR. Mayor Newsom has indicated he will sign the measure into law.

SAR measures the amount of radiation emitted by the phone that is absorbed by the body.

Renee Sharp, the California director of the Washington-based Environmental Working Group, said she hoped the law would dissuade consumers from buying relatively high radiation phones until their effect on the human body is fully understood.

Under the law, larger retailers would be required to place SAR notices starting February. The law would apply to other stores beginning in 2012.

READ THIS STORY AT NEWS.YAHOO.COM

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