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Solyndra Fallout Stalls Energy Loans

The Energy Department was in such a rush three years ago to issue a loan to solar-panel maker Solyndra LLC that it gave the Treasury Department only a day to review the deal, according to a government report released Wednesday.

 

E-Mail Shows Senior Energy Official Pushed Solyndra Loan

The official inquired frequently about the progress of the loan even after he had disclosed that his wife’s law firm represented the company and promised to recuse himself.

 

Official in charge of energy loans resigns

Official in charge of energy loans resigns

Jonathan Silver, the executive director of the Energy Department's Loan Programs Office, stepped down from that position amid scrutiny from congressional Republicans over loans granted to the now-bankrupt energy firm Solyndra. Energy Secretary Steve Chu told the Post that the departure had been planned.

 

$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

The Energy Department plans to give $156 million in grants on Thursday after it has been under scrutiny for arranging $528 million in loans to Solyndra, a company that went bankrupt.

 

Gasoline prices fall again, but the bottom may be near

Gasoline prices fall again, but the bottom may be near

The average price of a gallon of regular gasoline in California drops 4 cents to $3.90. Nationally, the average declines 6.1 cents to $3.652, up 91 cents from a year earlier. Pump prices fell again during the last week in California and nationwide, the Energy Department said Monday, but an analyst warned that the decline may level out substantially above last summer's averages.

 

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