News bites: Coast Guard opens Shell hearings, fallout from Energy Dept. gas decision, and more

Bloomberg reports that natural gas futures prices rose after the Energy Department approved a U.S. export terminal.

The Associated Press reports on the U.S. Coast Guard’s investigation of how a Royal Dutch Shell offshore drilling rig ran aground in Alaska in December.

AP also has the latest on gasoline prices.

The Wall Street Journal
reports on a big move within the natural gas industry’s executive ranks.

“Chesapeake Energy Corp. has plucked a 46-year-old executive from a rival oil-and-gas company to succeed its co-founder, Aubrey McClendon, as chief executive of the nation's second-largest natural-gas producer,” the paper reports.

The Boston Globe reports that a Massachusetts Institute of Technology experiment with nuclear fusion will soon shut down unless Congress steps in.