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Congress takes bizarre detour to fund U.S. roads and bridges

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To get to the $305 billion needed to fund the federal highway bill, Congress did everything short of searching the couch cushions or raising the gas tax. Thursday, it tapped the piggy bank of U.S. banks regulated by the Federal Reserve. It also planned to sell oil in the U.S. Strategic Petroleum Reserve in attempt to find new “pay-fors,” which, ...

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Don’t blame the turkey if you feel snoozy; the bread and the basket share molecular formula and other Turkey Day science

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Impress your friends and family this Thanksgiving with some tidbits about the chemistry behind the big meal. Read this and you can put a stop to that tryptophan myth: that one you’re always hearing about how all the tryptophan in turkey sends you into a stupor. Tryptophan — an amino acid — is not to blame. That’s just one lesson ...

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Official weighs in on mine closing

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Ohio County Judge-Executive David Johnston says layoffs at one of the county’s mines would have a negative impact on jobforce development and the families of those involved, but he said he doesn’t predict those layoffs would affect tax dollars. Armstrong Coal Co. announced last week possible layoffs at some of its operations as early as the new year, citing what ...

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Armstrong Coal issuing possible layoff notices at select operations

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The Armstrong Coal Company began issuing possible layoff notices at select mining operations Wednesday afternoon. The coal company, a subsidiary of Armstrong Energy, operates seven mines in western Kentucky, and a dock and preparation plant on the Green River. Armstrong owns and controls more than 560 million tons of coal reserves in the Illinois Coal Basin. An office manager at ...

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U.S. oil stockpiles jump for second week as imports climb

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NEW YORK – U.S. crude stocks rose sharply a second straight week as rising imports more than offset a small increase in crude runs, while gasoline and distillate inventories both fell more than expected, data from the Energy Information Administration (EIA) showed on Wednesday. Crude inventories rose 8 million barrels to 476.6 million in the week to Oct. 16, more ...

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Court: Producers responsible for paying natural gas taxes

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LOUISVILLE, Ky. — Natural gas producers in Kentucky shoulder all the responsibility for paying severance taxes on the fuel and cannot shift some of the tax burden to landowners, the state’s Supreme Court said in a divided ruling Thursday. Producers may not deduct a portion of severance taxes owed from the royalties paid to owners of the land where gas ...

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Park says pipeline proposal poses threat to cave’s resources

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LOUISVILLE, Ky.  — National Park Service officials are concerned that a company’s plan to send natural gas liquids through an aging natural gas pipeline near Mammoth Cave National Park may pose a threat to the cave’s ecological systems. The proposal by Kinder Morgan to convert part of its Tennessee Gas Pipeline Co. operations has stirred controversy all year along a ...

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State announces $266,141 in refunds to Ky. coal counties

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FRANKFORT, Ky. — Gov. Steve Beshear says fiscal courts in 34 Kentucky counties will receive refunds totaling $266,141 from mining permit and acreage fees. The state Department for Natural Resources collects the mining permit and acreage fees. It returns a portion of the fees to coal-producing counties for projects that the local fiscal courts deem beneficial to their communities. The ...

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Historic slide in coal jobs continues in Eastern Kentucky; jobs down 10.6 percent in 2nd quarter

The historic slide in coal jobs that has undermined the economy of Eastern Kentucky continued in the second quarter of the year, with the industry cutting 10.6 percent of its workforce in the region. The layoffs left an estimated 5,889 employed at coal mines and facilities in Eastern Kentucky, according to a report released Friday by the state Energy and ...

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