Energy Update

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HOUSTON, March 24 (Reuters) - Despite a 50 percent slide in crude prices since last summer, U.S. shale oil producers are enjoying remarkably easy access to capital markets and this will allow them to avoid getting squeezed when banks reset their loans in April.

OTTAWA, March 24 (Reuters) - An unusually harsh winter is one of the reasons Canadian National Rail Co suffered a sharp increase in the number of train accidents in 2014, a top official said on Tuesday.

WASHINGTON, March 24 (Reuters) - The latest legal test of President Barack Obama's environmental agenda reaches the U.S. Supreme Court on Wednesday as the justices consider a challenge to a regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants.

* Investors expect improving growth to offset election effect

* Indexes off: Dow 0.58 pct, S&P 0.61 pct, Nasdaq 0.32 pct (Updates to market close)

* Investors expect improving growth to offset election effect

* Indexes: Dow off 0.23 pct, S&P off 0.21 pct, Nasdaq up 0.05 pct (Updates to midday, changes byline)

BECKLEY, W. Va., March 24 (Reuters) - The former chief executive of Massey Energy Co pleaded not guilty on Tuesday to a revised federal indictment arising from a 2010 West Virginia coal mine explosion that killed 29 miners.

Next-generation hybrid cars combining electric and gas power in new ways are emerging as a low-cost alternative for consumers as batteries get cheaper and more efficient.

Researchers in the Cockrell School of Engineering at The University of Texas at Austin have used a combination of metabolic engineering and directed evolution to develop a new, mutant yeast strain that could lead to a more efficient biofuel production process that would make biofuels more economically competitive with conventional fuels.

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