Business
8:20 am
Thu August 9, 2012

Natural Gas Giant Tries To Shift Gears

Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa., in 2010.
Ralph Wilson AP

Originally published on Thu August 9, 2012 3:54 pm

A drop in natural gas prices is hurting balance sheets across the petroleum industry. The second-largest natural gas producer in the United States — Oklahoma City-based Chesapeake Energy — has been hit especially hard.

After 23 consecutive years of touting its increasing natural gas production, Chesapeake CEO Aubrey McClendon told investors during a conference call Tuesday that the company projects its gas output will drop about 7 percent in 2013.

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Environment
4:51 pm
Wed August 8, 2012

July Was the Hottest Month Ever Recorded in Continental U.S.

It's official: last month's heat wave (which cooked Louisville as well as most other states in the region) was the hottest ever on record in the continental U.S. According to an Associated Press story, this beats the record set during the Dust Bowl in the 1930s.

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Education
4:12 pm
Wed August 8, 2012

Louisville Forum: School Board Races Need More Attention

A diverse pool of candidates has filed for Jefferson County’s three open school board seats.  The most recent is local radio host Tom Mitchell, who plans on running an anti-student assignment campaign, according to reports by the Courier-Journal.

As the deadline to file nears--Aug. 14--some are hoping interest in the races increases. That idea was included in  former Courier-Journal editor David Hawpe's opening speech at the Louisville Forum Wednesday afternoon.

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Politics
3:46 pm
Wed August 8, 2012

Howard Dean's PAC Gets Behind Yoder’s Uphill Battle

Democrat Shelli Yoder

A political action committee founded by former Democratic presidential candidate and Vermont Governor Howard Dean is backing Shelli Yoder in Indiana’s Ninth Congressional District race.

Democracy for America unveiled six key races for Congress on Wednesday that the organization will focus on in the 2012 election. The PAC is aimed at building a dozen "progressive powerhouse" in the House and this is the first crop attempting to give Democratic challengers a booster in their general election bids.

Yoder is challenging Republican incumbent Todd Young, but has struggled to keep face with the GOP freshman's fundraising totals.

She says it is an honor to receive Dean’s support and she hopes it will give her campaign a boost.

"We are continuing to work hard and we’re doing everything we can to win back this seat. I think that the 9th District, folks weren’t really paying attention to the race. But in the last few weeks we’ve certainly have work as hard as we can making sure that voters feel like they will have a voice and an opportunity to gain back that voice come November 6," he says.

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Education
3:27 pm
Wed August 8, 2012

Former Indiana Chief Justice To Lead U.S. Legal Education Panel

Former Indiana Supreme Court Justice Randall Shepard will lead a task force looking into the state of legal education across America.

The panel was appointed by the American Bar Association.   Shepard says it will examine the way schools prepare their students to practice law, and the economic state of the profession.

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Politics
12:30 pm
Wed August 8, 2012

Rand Paul Says It's Unlikely He Would Serve in A Romney Administration

U.S. Senate

Despite speculation of greater ambitions, U.S. Senator Rand Paul is likely to stay in his current position if Republican presidential candidate Mitt Romney is elected this fall. 

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Politics
11:40 am
Wed August 8, 2012

Fundraising Letter Underscores Mourdock Trouble With Moderate Voters

Republican Richard Mourdock

In the Indiana Senate race, polling has shown Republican Richard Mourdock is having trouble gaining traction with moderate voters in his battle with Democratic Congressman Joe Donnelly and a fundraising letter may indicate why.

It was Mourdock's ties to the Tea Party that helped him upset longtime Sen. Dick Lugar in the GOP primary, but days after his victory a message to voters continued to attack Lugar as a traitor to the conservative movement.

From Howey Politics Indiana:

"Conservatives scored a tremendous victory in Indiana just a few weeks ago," the Mourdock letter read. "Against all odds and with the establishment working day and night to defeat me, we retired a 36-year entrenched incumbent senator, who routinely betrayed conservative voters to push through some of the most radical aspects of President Obama's agenda."

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Environment
10:31 am
Wed August 8, 2012

Alpha Natural Resources Reports $2 Billion Loss in Second Quarter

Alpha Natural Resources--a coal company with mines in eastern Kentucky, as well as throughout Appalachia--reported its second quarter earnings this morning and the news wasn't good.

The company had a net loss of $2.2 billion in the second quarter of 2012. That compares to a $50 million loss for the same period last year.

From the company's announcement:

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Politics
10:29 am
Wed August 8, 2012

Conway "Might" Run for Governor

In an interview with Pure Politics, Kentucky Attorney General Jack Conway says he "might" run for governor in 2015.

Political rumors are swirling and the speculation is that Conway will be a top contender to succeed Gov. Steve Beshear in three years, but the attorney general remains coy—at least on the record—for now.

Watch below:

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Politics
9:10 am
Wed August 8, 2012

Massie Pounding Adkins in Fundraising

In Kentucky's Fourth Congressional District race, Republican Thomas Massie raised ten times more than Democrat Bill Adkins during the second quarter.

According to Federal Election Commission report, Massie, who is the Lewis County Judge-Executive, garnered $247,493 compared to $21,783 by the Adkins campaign. Massie also has some notable contributors, including the infamous Koch brothers.

From the Cincinnati Enquirer:

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