Keyword: anwr

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  • Ahead of power plant push, Obama ties climate change to health hazards

    05/31/2014 4:42:00 AM PDT · by Oldeconomybuyer · 26 replies
    Reuters ^ | May 31, 2014 | by Jeff Mason
    President Barack Obama kicked off a campaign to promote new restrictions on U.S. power plant emissions on Saturday by tying the fight against climate change with efforts to promote better health for children and the elderly. In his weekly radio address, Obama said the United States had to do more to reduce carbon emissions so that children suffering from asthma and other related ailments did not face further problems as a result of polluted air. Obama said the new guidelines would reduce smog and soot that threaten vulnerable populations such as the young and the aged and he said up...
  • Begich Earmarked Millions for Bankrupt Green Energy Company

    04/15/2014 10:28:44 PM PDT · by lowbridge
    freebeacon.com ^ | april 15, 2014 |  Lachlan Markay
    As Sen. Mark Begich (D., Alaska) seeks to shore up his energy policy credentials, a now-bankrupt green energy company to which he steered federal subsidies could cloud his message. Begich received campaign contributions from a lobbyist for an Alaska geothermal plant after helping the company obtain federal financing. The company is now bankrupt, but Begich continues touting his support for alternative energy. The senator, who is facing reelection in November, will address the Alaska Wood Energy Conference on Wednesday. The conference brings together leaders in the state’s biomass industry. He has also promoted fossil fuel development, including effort to open areas of...
  • Why climate deniers are winning: The twisted psychology that overwhelms scientific consensus

    04/19/2014 2:12:56 PM PDT · by 2ndDivisionVet · 84 replies
    Salon ^ | April 19, 2014 | Paul Rosenberg
    There's a reason why overwhelming evidence hasn't spurred public action against global warming. In the run-up to Earth Day this year, two major reports were released by the UN’s Intergovernmental Panel on Climate Change, the largest such body in the world. On March 31, Working Group II released its report, Climate Change 2014: Impacts, Adaptation, and Vulnerability, and on April 13, Working Group III released its report, Climate Change 2014: Mitigation of Climate Change. Both reports cited substantially more evidence of substantially more global warming and related impacts than past reports have, and they did so more lucidly than in...
  • Putin says oil wars with Russia will make West bleed

    04/17/2014 7:34:50 AM PDT · by kronos77 · 20 replies
    Opportunities for the West to hurt the Russian economy are limited, President Vladimir Putin said Thursday. Europe cannot stop buying Russian gas without inflicting pain on itself, and if the US tries to lower oil prices, the dollar will suffer. If the West tries to damage Russia’s influence in the world energy market, efforts will likely backfire, the Russian President said during his twelfth annual televised question and answer session. To really influence the world oil market a country would need to increase production and cut prices, which currently only Saudi Arabia could afford, Putin said. The president added he...
  • Union threatens retribution for House Dems opposing Keystone

    04/11/2014 5:16:32 PM PDT · by SMGFan · 19 replies
    The Hill ^ | April 11, 2014 | Laura Barron-Lopez
    A top building trades union is launching a midterm-election assault on House Democrats who oppose construction of the Keystone XL oil pipeline. A letter distributed Friday by the Laborers' International Union of North America (LIUNA) to the districts of 27 House Democrats calls for union members to make sure their representative "feels the power and the fury of LIUNA this November." Their crime: signing a letter to Secretary of State John Kerry last month urging him to reject Keystone, which would carry oil sands from Canada to Gulf Coast refineries.
  • Plans for massive oil pipeline opposed by environmentalists

    08/18/2011 2:30:22 PM PDT · by NormsRevenge · 42 replies
    Mercury News ^ | 8/1/8/11 | Dana Hull
    A controversial proposal to build a massive underground pipeline to carry 700,000 barrels of crude oil per day from the oil sands of Alberta, Canada, to refineries in Texas has become the environmental issue of the summer, pitting developers and labor unions desperate for construction jobs against environmentalists and Native American tribes who fear the pipeline will spell environmental disaster. TransCanada Corp.'s proposed Keystone XL project would consist of more than 1,700 miles of 36-inch-diameter pipe, about 327 miles of which would be in Canada while the rest would snake southward through the central United States. Because the pipeline would...
  • CST: Unions derailing Dems' gravy train - Dems May Lose Big Labor Cash [or not]

    07/28/2005 5:59:59 AM PDT · by OESY · 7 replies · 779+ views
    Chicago Sun-Times ^ | July 28, 2005 | ROBERT NOVAK
    The bolt in Chicago from the AFL-CIO by the Teamsters and Service Employees International Union reflects a long-building reaction to John Sweeney's plans a decade ago when he muscled his way into the labor federation presidency. He wanted to restore union power through politics. His project was a total failure, and the AFL-CIO is in ruins 50 years after its creation. The scenario of the breakup was accurately laid out to me by Teamsters sources nearly a year ago. Sweeney would be offered a deal he could not accept. To keep the two big unions in the federation, Sweeney would...
  • Angering Environmentalists, AFL-CIO Pushes Fossil-Fuel Investment

    02/07/2014 9:00:58 AM PST · by Olog-hai · 16 replies
    In These Times ^ | February 4, 2014 | Cole Stangler
    The nation’s leading environmental groups are digging their heels in the sand by rejecting President Obama’s “all-of-the above” domestic energy strategy—which calls for pursuing renewable energy sources like wind and solar, but simultaneously expanding oil and gas production. But it appears the AFL-CIO, the nation’s largest labor federation, won’t be taking environmentalists’ side in this fight, despite moves toward labor-environmentalist cooperation in recent years. On a recent conference call with reporters, AFL-CIO President Richard Trumka endorsed two initiatives reviled by green groups: the Keystone XL pipeline and new natural gas export terminals. “There’s no environmental reason that [the pipeline] can’t...
  • ANWR Development Gains Momentum; LA Times Poll Shows Americans Favor ANWR Development

    02/07/2002 8:12:55 AM PST · by Trailer Trash · 7 replies · 1+ views
    http://biz.yahoo.com/prnews ^ | Wednesday February 6, 4:50 pm Eastern Time
    ANWR Development Gains Momentum; Poll Shows Americans Favor ANWR Development WASHINGTON, Feb. 6 /PRNewswire/ -- Arctic Power announced today that a recent poll shows 48% of Americans favor opening part of the Arctic National Wildlife Refuge (ANWR) to energy exploration. Arctic Power, the Alaskan-based non-profit organization that supports legislation to open the coastal plain of ANWR to oil and gas development, says that the findings clearly indicate the necessity for immediate passage of a National Energy Plan. Although environmental issues have traditionally garnered support along party lines, the issue of ANWR development is more widely supported among Americans. ``This poll ...
  • Kerry Hailed as Ally of Wider World on Environment

    02/20/2004 9:10:00 AM PST · by presidio9 · 42 replies · 96+ views
    Reuters ^ | Wed Feb 18
    Environmentalists fete John Kerry as a possible savior in a stalled battle against global warming if the Democratic front-runner topples President Bush in the November election. "Kerry has probably been the greatest champion of climate change issues with (Joe) Lieberman in the U.S. Senate," said Jennifer Morgan, director of the WWF environmental group's climate change program. European governments, among the strongest backers of the U.N.'s stalled 1997 Kyoto protocol meant to limit global warming, would welcome a shift toward Kerry's environmental policies after years of transatlantic feuds with Bush. "Clearly we would like the new administration, whether Republican or Democrat,...
  • Financial questions seen for US shale gas, tight-oil plays

    04/02/2014 7:14:39 PM PDT · by Lorianne · 5 replies
    Oil & Gas Journal ^ | 25 March 2014 | OGJ editors
    Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the author of a March comment published by the Oxford Institute for Energy Studies (OIES). But a reorientation of the industry toward “the most commercially sustainable areas” of unconventional-resource plays might extend the period of growth, writes the analyst, Ivan Sandrea, an OIES research associate and senior partner of Ernst & Young London. The producing industry has demonstrated it can create opportunities, innovate operationally, and address environmental issues despite evolving government policies and questions of public acceptance, Sandrea writes....
  • Net energy imports in 2013 lowest in more than 20 years

    04/02/2014 1:09:41 PM PDT · by thackney · 9 replies
    Energy Information Administration ^ | APRIL 2, 2014 | Energy Information Administration
    Total U.S. net imports of energy, measured in terms of energy content, declined in 2013 to their lowest level in more than two decades. Growth in the production of oil and natural gas displaced imports and supported increased petroleum product exports, driving most of the decline. A large drop in energy imports together with a smaller increase in energy exports led to a 19% decrease in net energy imports from 2012 to 2013. Total energy imports declined faster—down 9% from 2012 to 2013—than in the previous year, while export growth slowed. Crude oil production grew 15%, about the same pace...
  • Report: Condensate could be first crack in oil export ban

    04/02/2014 11:31:58 AM PDT · by thackney · 31 replies
    Fuel Fix ^ | April 2, 2014 | Jennifer A. Dlouhy
    A simple tweak by the Commerce Department would allow the U.S. to begin selling ultralight fossil fuels overseas, a significant first step in easing the 39-year-old ban on crude exports, a new report says. The analysis released by Sen. Lisa Murkowski, R-Alaska, focuses on condensate, a natural gas liquid made up of light fuels such as propane and butane. The fuels generally flow as liquids at normal temperatures even if they’re gas underground. Though it is chemically different than crude, condensate is swept under the oil export ban — at least as long as the light hydrocarbon is coming out...
  • US gasoline prices reach six-month high as ethanol climbs

    04/02/2014 6:58:35 AM PDT · by thackney · 33 replies
    Bloomberg News via Fuel Fix ^ | April 2, 2014 | Barbara Powell
    Link only due to Bloomberg content
  • Texas producing 36 percent of US crude

    04/02/2014 6:55:02 AM PDT · by thackney · 23 replies
    Fuel Fix ^ | April 1, 2014 | Ryan Holeywell
    Texas is producing about 36 percent of the country’s crude oil — three times more than any other state, according to the latest monthly figures from the U.S. Energy Information Administration. Texas pumped nearly 2.9 million barrels of crude daily of the 7.9 million barrels produced nationwide in January, the latest month for which figures are available. The Gulf of Mexico produced about 17 percent, the second-largest portion, followed by North Dakota with about 12 percent of the U.S. crude. California and Alaska rounded out the top five crude-producing areas, each home to about 7 percent of the nation’s oil....
  • Study: Gasoline prices will fall if US exports crude

    04/01/2014 5:08:21 AM PDT · by thackney · 44 replies
    Fuel Fix ^ | March 31, 2014 | Jennifer A. Dlouhy
    The oil industry’s leading trade group on Monday cast exports of U.S. crude as an economic win for consumers, fighting against criticism that selling the fossil fuel overseas would mean higher prices at home. The American Petroleum Institute commissioned a study by ICF International and EnSys Energy predicting lower gasoline prices, domestic job growth and other economic benefits if the United States lifts its 39-year-old ban on exporting U.S. crude. “Consumers are among the first to benefit from free trade, and crude oil is no exception,” said API Vice President Kyle Isakower told reporters in a conference call Monday. “Gasoline...
  • Gop traitor group the Republican Main Street Group (Rino Coaliton Traitor Wing) blocked ANWR

    11/10/2005 10:52:52 AM PST · by johnmecainrino · 142 replies · 3,029+ views
    Look no further at all our problems than this group. Until we kick them out kicking and screaming this party is dead. Check out the website it will make any conservative angry. Republican Main Street Partnership Congressional Members 109th Congress Sen. Lincoln Chafee, Rhode Island Sen. Norm Coleman, Minnesota Sen. Susan Collins, Maine Sen. Johnny Isakson, Georgia Sen. John McCain, Arizona Sen. Lisa Murkowski, Alaska Sen. Gordon Smith, Oregon Sen. Olympia Snowe, Maine Sen. Arlen Specter, Pennsylvania Sen. Ted Stevens, Alaska Rep. Charles Bass, New Hampshire Rep. Judy Biggert, Illinois Rep. Sherwood Boehlert, New York Rep. Mary Bono, California Rep....
  • Republican Main Street Partnership (George Soros is funding the Moderates)

    11/10/2005 10:45:24 AM PST · by jdhljc169 · 73 replies · 3,007+ views
    Michelle Malkin.com ^ | 11/10/05 | Michelle Malkin
    Update 1145am EST. Many of you are asking for the list of the anti-drilling Republicans. The group who succeeded in pressuring the GOP to cave in calls itself the "Republican Main Street Partnership." They're holding a press conference at 130pm EST in Washington, D.C. to bray about their "victory." Here's some more info: Main Street Leaders who helped broker the deal to eliminate ANWR from budget cuts: Rep. Charlie Bass (R-NH), Rep. Mark Kirk (R-IL), Rep. Jim Walsh (R-NY), Rep. Joe Schwarz (R-MI), RMSP Executive Director Sarah Chamberlain ResnicHere's the complete list of "Main Street" members in Congress. 1pm EST....
  • 94% of Electricity in 2013 Came from Reactors, Dams and Fossil Fuels

    03/29/2014 10:21:18 AM PDT · by rktman · 14 replies
    CNSNews.com ^ | 3/29/2014 | Unknown
    Ninety-four percent of the electricity generated in the United States in 2013 came from nuclear reactors, dams, and fossil fuels--including petroleum, natural gas, other gases, and coal--according to a new report from the U.S. government’s Energy Information Administration. Only 0.2 percent of U.S. electricity during the year came from solar-power sources, and another 4.1 percent came from wind power.
  • U.S. now producing more than 10 percent of the world’s crude oil

    03/28/2014 10:27:30 AM PDT · by Hojczyk · 31 replies
    Hot Air ^ | March 28,2014 | ERIKA JOHNSEN
    Currently, the United States and Canada are the only major producers of tight oil in the world (although Russia has lately been making moves to try and get in on the action, ahem), and that spectacular acceleration of production growth now has us sitting pretty at 10 percent of the world’s total crude oil production. Via the Energy Information Administration: U.S. tight oil production averaged 3.22 million barrels per day (MMbbl/d) in the fourth quarter of 2013, In February 2014, 63% of U.S. tight oil production came from two basins: the Eagle Ford in South Texas (1.21 MMbbl/d, or 36%...
  • Mistrust overshadows Obama's Saudi trip

    03/28/2014 9:38:15 AM PDT · by Cheerio · 22 replies
    Yahoo News ^ | 3/28/14 | Assad ABBOUD
    Riyadh (AFP) - US President Barack Obama meets Saudi King Abdullah Friday as mistrust fuelled by differences over Iran and Syria overshadows a decades-long alliance between their countries. Obama, who is due to arrive in Saudi Arabia late in the afternoon on a flight from Italy, is expected to hold evening talks with the monarch on a royal estate outside Riyadh. Saudi Arabia has strong reservations about efforts by Washington and other major world powers to negotiate a deal with Iran on its nuclear programme.
  • White House eyes new regulations to cut methane from oil, gas sector (In REGS Ve TRvst)

    03/28/2014 9:23:33 AM PDT · by NormsRevenge · 25 replies
    Yahoo! News ^ | 3/28/14 | Roberta Rampton and Timothy Gardner - Reuters
    WASHINGTON (Reuters) - The White House said on Friday it will take a hard look at whether new regulations are needed to cut emissions of methane from the oil and gas industry, part of President Barack Obama's plan to address climate change. Regulators will start by proposing new rules later this year to reduce venting and flaring from oil and gas wells on public lands, one way to begin slashing emissions of the potent greenhouse gas, said Dan Utech, Obama's top energy and climate aide. Most oil and gas production takes place on privately owned land. The Environmental Protection Agency...
  • Thousands sign WhiteHouse.gov petition for Alaska to secede -- to Russia

    03/26/2014 5:36:11 PM PDT · by MinorityRepublican · 32 replies
    Fox News ^ | March 26, 2014
    <p>Moscow’s annexation of Crimea was condemned worldwide, but some people in Alaska apparently are yearning for the days when they, too, were part of Mother Russia.</p> <p>A petition on the White House website created by “S.V.” of Anchorage is calling on Alaskans and others to "vote" for Alaska to secede from the U.S. and become a part of Russia.</p>
  • Obama tells EU to do more to cut reliance on Russian gas

    03/26/2014 7:40:00 PM PDT · by blueplum · 25 replies
    Reuters ^ | Marcg 26, 2014 1:22pm EDT | ROBIN EMMOTT AND JAN STRUPCZEWSKI
    (Additional reporting by Adrian Croft, Jeff Mason and Steve Holland; Editing by Kevin Liffey and Paul Taylor) (Reuters) - U.S. President Barack Obama told the European Union on Wednesday it cannot rely on the United States alone to reduce its dependency on Russian energy, as relations with Moscow chill over its seizure of Crimea from Ukraine. Speaking on a visit to Brussels to discuss trade relations and the Ukraine crisis, Obama said concluding a new transatlantic trade pact, now under negotiation, would make it easier for Washington to license more gas exports. :snip: During a 65-minute lunch, European Council President...
  • CARSON: Expanding our energy resources serves peace

    03/26/2014 9:13:08 AM PDT · by jazusamo · 8 replies
    The Washington Times ^ | March 25, 2014 | Ben S. Carson
    Changing geopolitics cannot be managed by leading from behindWhile the media have been focused on the missing Malaysian aircraft, massive alterations in the world’s geopolitical terrain are underway simultaneously. The annexation of Crimea by Russia should not have been a surprise for anyone who suspects that President Vladimir Putin is trying to re-establish a powerful Soviet-style empire. When he aggressively attacked Georgia in 2008 after both Georgia and Ukraine failed to obtain NATO admission at the Bucharest Summit, we should have realized that his goals were not limited to one territory. I suspect that he is now calculating an excuse...
  • Energy's Role in the Path to Peace

    03/26/2014 3:24:17 PM PDT · by Kaslin
    Townhall.com ^ | March 26, 2014 | Dr Ben Carson
    While the media have been focused on the missing Malaysian aircraft, massive alterations of the world's geopolitical terrain are underway simultaneously. The annexation of Crimea by Russia should not have been a surprise for anyone who suspects that President Vladimir Putin is trying to re-establish a powerful Soviet-style empire. When he aggressively attacked Georgia in 2008 after both Georgia and Ukraine failed to obtain NATO admission at the Bucharest Summit, we should have realized that his goals were not limited to one territory. I suspect he is now calculating an excuse to occupy the easiest regions of Ukraine first and...
  • Obama says Russia's energy sector could be target of new sanctions

    03/26/2014 2:40:58 PM PDT · by Jim Robinson · 19 replies
    FOX News ^ | March 26, 2014
    President Obama threatened a new round of sanctions against Russia on Wednesday, this time aimed at the country’s energy sector. Obama, speaking at a news conference at the Council of the European Union, said the crisis in Ukraine underscored Europe’s need to become less dependent on Russia’s rich energy sources. He also acknowledged that additional sanctions could affect Russia’s neighboring countries but said the United States was committed to helping those nations find energy alternatives. Obama said coordination between the U.S. and Europe on economic sanctions against Russia has been excellent and warned that if Russia continues on its current...
  • How Russia is rousing a sleeping energy bear

    03/25/2014 4:27:22 PM PDT · by Jim Robinson · 23 replies
    The Globe And Mail (Canada) ^ | March 25, 2014 | SHAWN MCCARTHY
    Russia’s aggressiveness in Ukraine is proving a boon to North American energy producers looking for greater export opportunities. Whether for natural gas projects in the United States or for oil pipelines in Canada, the West’s confrontation with energy powerhouse Russia has refocused North American political debates – including the controversy over the proposed Keystone XL pipeline – on the need for global energy security. Russia’s aggressiveness in Ukraine is proving a boon to North American energy producers looking for greater export opportunities. Whether for natural gas projects in the United States or for oil pipelines in Canada, the West’s confrontation...
  • The Kerry Line: Kerry Supports Offshore Drilling in Florida

    04/23/2004 2:07:29 PM PDT · by RWR8189 · 23 replies · 319+ views
    George W. Bush ^ | April 23, 2004
      "I am committed to preserving Florida's natural beauty … There is no ambiguity in my position on drilling off the coast of Florida." - President Bush, 4/23/04 Kerry Supports Offshore Drilling In Florida Kerry Says He Favors Drilling Off The Coast Of Florida. "But Kerry said he would be in favor of drilling off the coast of Florida. 'I support oil drilling in the right places,' Kerry said. 'There is a capacity to protect what we have today - the protections for the coast of Florida - and still be able to drill in those locations where they're already...
  • Gas Prices Doubled, Obama Locks Up Alaska's National Petroleum Reserve

    10/17/2012 11:07:58 AM PDT · by raptor22 · 4 replies
    Energy Policy: As the administration fast-tracks solar projects on public lands, it has locked up more than half of the National Petroleum Reserve in Alaska, preferring to continue outsourcing energy jobs and dollars. The price of gasoline, which was $1.84 a gallon the day President Obama took office, has more than doubled since, willfully aided and abetted by an administration that claims we can't drill our way to energy independence as we ignore vast reserves of North American energy that dwarf OPEC's and we sit on 100 years' supply of petroleum. Few Americans have heard of the National Petroleum Reserve-Alaska...
  • Gas Prices Doubled, Obama Locks Up National Reserve

    10/16/2012 4:11:45 PM PDT · by raptor22 · 6 replies
    IBD EDITORIALS ^ | October 16, 2016
    Energy Policy: As the administration fast-tracks solar projects on public lands, it has locked up more than half of the National Petroleum Reserve in Alaska, preferring to continue outsourcing energy jobs and dollars. The price of gasoline, which was $1.84 a gallon the day President Obama took office, has more than doubled since, willfully aided and abetted by an administration that claims we can't drill our way to energy independence as we ignore vast reserves of North American energy that dwarf OPEC's and we sit on 100 years' supply of petroleum. Few Americans have heard of the National Petroleum Reserve-Alaska...
  • Crude oil ought to be $150 per barrel: Iran

    09/16/2012 3:12:16 PM PDT · by NoLibZone · 38 replies
    reuters.com ^ | 9-16-12 | reuters
    Crude oil should be at least $150 per barrel, Iran's oil minister was quoted as saying on Sunday, and the sanctions-hit country's OPEC governor said current oil prices were not high enough to threaten the world economy. Benchmark Brent crude prices rose to nearly $118 a barrel on Friday, stoking fears that surging energy costs could harm fragile economic growth. Days earlier, Saudi Oil Minister Ali al-Naimi said he was worried by high prices and the kingdom would take steps to moderate them. Iranian oil officials say oil prices are still fairly low and deny there is any danger of...
  • The Real Cause of High Oil Prices

    08/28/2012 6:33:16 PM PDT · by bananaman22 · 20 replies
    Oilprice.com ^ | 08/28/2012 | James Stafford
    Nowadays the energy picture is confusing at best as the more information we are shown the murkier the picture seems to become. Mixed messages, poor reporting and a media hungry to sensationalize anything it thinks can grab a headline have led to many wondering what the true energy situation is. We hear numerous reports on how the shale revolution will transform the energy sector, why alternatives are just around the corner, why advances in oilfield extraction techniques and new finds will help to lower oil prices. Yet no sooner have we read these rosy reports than we are bombarded with...
  • Obama Ad: Conservative Women Should Vote Dem Because Romney Wants to Ban Abortion/Contraception

    08/24/2012 6:25:10 PM PDT · by 2ndDivisionVet · 20 replies
    The Blaze ^ | August 24, 2012 | Becket Adams
    The Obama reelection campaign on Friday released an ad aimed at convincing conservative women to vote Democrat because, unlike former Massachusetts Gov. Mitt Romney, Obama won’t “ban contraception” or block access to abortion. “If you’re a conservative woman, and you believe in small government, then Barack Obama is your candidate because he’s keeping the government out of the decisions that should remain between you and God, and you and your own conscience,“ says one of the many ”conservative” women featured in the video. “If you truly believe in a small government. That government shouldn’t be deciding what I can and...
  • Greenpeace raids Russian Arctic oil platform

    08/24/2012 4:15:38 PM PDT · by bruinbirdman · 25 replies
    France 24 ^ | 8/24/2012
    Greenpeace activists on Friday scaled the sides of an Arctic oil platform owned by Russian group Gazprom to draw attention to the dangers of drilling in one of the world's last pristine reserves. Two Gazprom helicopters hovered over the group and periodically sprayed them with pressurised streams of ice water as they hung down on ropes from the side of Gazprom's huge red Prirazlomnaya platform, due to start commercial operations next year. Greenpeace activists board Gazprom's 'Prirazlomnaya' Arctic oil platform "They're hosing us," Greenpeace International's Executive Director Kumi Naidoo tweeted, while the team held up bright yellow signs reading "Save...
  • A Gas Price Emergency -- for America, or for Obama (Opening the Petroleum Reserve)

    08/24/2012 3:23:30 PM PDT · by lbryce · 24 replies
    The Examiner ^ | August 24, 2012 | Diana Furchtgott-Roth
    To combat rising gasoline prices, anonymous White House sources are reporting that President Obama will release oil from the Strategic Petroleum Reserve. When Obama was inaugurated, the average gasoline prices were $1.84 per gallon, and oil was at about $39 for a 42-gallon barrel. On Monday, refiners were paying about $96 for a barrel of West Texas Intermediate, and the average price of regular gasoline was $3.72, up from $3.45 a month earlier. The 696-million barrel Strategic Petroleum Reserve, stored in underground salt caverns in Texas and Louisiana, exists to protect America against "severe energy supply disruptions," according to the...
  • Japan looks to methane under sea floor

    08/16/2012 6:17:34 PM PDT · by rjbemsha · 25 replies
    Cosmos Online ^ | 15 Aug 2012 | Achim Eberhart
    Large quantities of methane gas are stored as ice-like gas hydrates below the ocean floor and these could be used as an energy source, a Japanese geologist said....“One cubic metre of gas hydrate contains 164 cubic metres of methane,” said Ryo Matsumoto from the University of Tokyo, who presented his research at the 34th International Geological Congress in Brisbane, Australia. “Gas hydrates are very effective containers of methane.”....estimates suggest that the total amount of carbon contained in gas hydrates could match or even exceed that bound in fossil fuels.
  • Gas Prices Set to Rise for Rest of 2012?

    08/13/2012 4:20:13 PM PDT · by Hojczyk · 64 replies
    CNBC ^ | August 7,2012 | Sharon Epperson
    Gasoline and oil futures surged Tuesday to the highest prices since May, as traders predicted the damage from a fire at California's third largest refinery could take months to repair. The lowest retail gasoline prices of the year may already be behind us, some traders say, especially in light of this incident as well as refinery issues around the U.S. and across the Atlantic in the North Sea. September RBOB gasoline futures briefly topped $3 a gallon Tuesday, and settled just shy of that mark, near a 3-month high. The more than 2 percent gain in gasoline futures sparked big...
  • RealClearScience Nails Shabby Maddow Spin on Fracking and Earthquakes

    08/13/2012 2:46:11 PM PDT · by Kaslin · 12 replies
    NewsBusters.org ^ | August 13, 2012 | Jack Coleman
    MSNBC's Rachel Maddow engaging in "unscientific, selective reporting of the facts" -- no! This is what RealClearScience's Alex Berezow is alleging in response to a Maddow segment last week linking a series of minor earthquakes in Texas to fracking in the Lone Star State. (video after page break) Maddow's claim that earthquakes 'never' occur in east Texas undercut - by sources she citesOver a span of 40 days, between June and July, north Texas was rocked by an astonishing eleven separate earthquakes," Maddow said while showing a map of fracking sites in the vicinity of quake epicenters. Berezow describes what...
  • The Romney/Ryan alternative energy plan

    08/13/2012 2:25:55 PM PDT · by Ernest_at_the_Beach · 4 replies
    Hot Air ^ | posted at 3:21 pm on August 13, 2012 | Erika Johnsen
    President Obama unveiled his ostensible “all of the above” energy plan earlier this year, but after gas prices peaked in April and then started to calm back down, domestic energy production also became more of a back-burner issue on the presidential campaign trail (who has time for energy when we’ve got hiking taxes on the wealthy and Mitt Romney’s tax returns to talk about, right?). Barring President Obama’s standard thrown-in support for continued federal subsidies for renewable energies, the issue hasn’t been front-and-center of late, but I’d bet good money Team Obama will make another big “all of the above”-ish...
  • OPEC sees 2013 oil demand growth slowing

    08/05/2012 3:24:00 PM PDT · by SunkenCiv · 3 replies
    Reuters ^ | Wednesday, July 11, 2012 | Dmitry Zhdannikov
    World oil demand growth will slow in 2013 from the already weak 2012, OPEC said on Wednesday, citing Europe's debt worries, a faltering U.S. economic recovery and deceleration of growth in emerging markets. The Organization of the Petroleum Exporting Countries (OPEC), which produces a third of global oil, said healthy output levels from non-OPEC producers next year would be enough to cover the modest growth in demand without the need for OPEC itself to increase output. "Besides the euro zone crisis, geopolitical tensions in the Middle East, the contraction of manufacturing in the U.S. for the first time since 2010...
  • Govt Broke by Sept 30: Funding ObamaCare in Spotlight - Why House Excuses for Funding Are Bogus

    07/26/2012 12:17:05 PM PDT · by maggiesnotebook · 10 replies
    Maggie's Notebook ^ | 7-26-12 | Maggie@MaggiesNotebook
    House Speaker John Boehner (R-OH) is saying the House WILL fund the government, in yet another vote needed to support the swayed-back of Obama administration spending.  We are out of money again on September 30th. When Boehner was asked if ObamaCare will be defunded in the next Continuing Resolution, he coyly answered: "our goal would be to make sure the government is funded." Many are taking that answer as yes, we will continue to fund ObamaCare. We have no budget. The unconstitutional spending will continue through a Continuing Resolution (CR). See why there is plenty of precedent for not funding this...
  • Rising Corn Prices and Your Grocery Bill.(Yet our govt keeps subsidizing at high cost)

    07/19/2012 3:25:27 PM PDT · by bestintxas · 18 replies
    smart money ^ | 7/18/12 | j hough
    Corn prices are nearing the record highs of last summer as the U.S. Midwest suffers its worst drought since 1956. Shoppers should expect higher grocery bills, because corn is used in three-quarters of supermarket products. But don’t panic. Overall cost hikes are likely to be modest. “A 50% increase in the price of corn tends to raise total shopping bills by about 1%,” says Ricky Volpe, a research economist with the U.S. Department of Agriculture. Corn’s price has jumped 45% this summer. Of course, even a modest increase to shopping bills is unwelcome news for households on tight budgets. Strange...
  • New cars in Europe may have to cut carbon emissions by one-third

    07/12/2012 4:53:07 PM PDT · by Olog-hai · 16 replies
    EurActiv ^ | 12 July 2012 | Fiona Harvey for the Guardian, part of the Guardian Environment Network
    New cars and vans in the European Union will produce one-third less carbon dioxide within eight years, under proposed new rules set out on Wednesday (11 July) in Brussels. By 2020, the average emissions from new cars will have to be no more than 95 grams of carbon dioxide per kilometer driven (5.4 oz/mile), a cut of more than 40 grams from today's levels and of 35 grams per kilometer compared with the 2015 target, if the proposed new regulations are accepted. Connie Hedegaard, climate chief of the European commission, said the goals were "ambitious but achievable" and would benefit...
  • Iraq crude production overtakes Iran as OPEC trims output

    07/11/2012 9:29:45 AM PDT · by thackney · 7 replies
    Fuel Fix ^ | July 11, 2012 | Bloomberg
    Link only due to Bloomberg content
  • Carnivores - git yur knives, forks, and freezers ready!!

    07/09/2012 5:38:51 PM PDT · by djf · 36 replies
    I've seen two reports today that talked about the weather over the midwest and the corn. The corn crop just about nationwide is a dismal failure due to droughts and prices are expected to climb by at least fifty percent. For many products that use corn, that means BUY IT NOW! Sadly, there is another outcome, farmers were interviewed and for them it means one thing - they can't feed their stock, so they end up going to the slaughterhouse. So soon, there will be a glut of meat on the market, expect prices to plummet (before they rise almost...
  • Israel’s Emergence As Energy Superpower Making Waves

    07/05/2012 11:39:29 AM PDT · by lbryce · 14 replies
    The American Interest ^ | July 2, 2012 | Russell Mead
    Israeli Prime Minister Golda Meir famously lamented that Moses led the children of Israel for forty years of wandering in the desert until he found the only place in the Middle East where there wasn’t any oil. But could Moses have been smarter than believed? Apparently the Canadians and the Russians think so, as both countries are moving to step up energy relations with a tiny nation whose total energy reserves some experts now think could rival or even surpass the fabled oil wealth of Saudi Arabia. Actual production is still minuscule, but evidence is accumulating that the Promised Land,...
  • North Dakota City Draws Foreign Workers

    06/29/2012 12:52:51 PM PDT · by MinorityRepublican · 18 replies
    The Wall Street Journal ^ | June 28, 2012 | JACK NICAS
    WILLISTON, N.D.—With the nearby oil boom draining this city of many of its service workers, businesses here are relying on a cultural-exchange program for foreign college students to keep the local economy humming. More than 500 foreign students—from Thailand, Jamaica and about a dozen other countries—are staffing nearly every hotel, car wash and fast-food place in town, tending to the troops of roughnecks from the oilfields. "Without them, I don't know what we'd do," said Ward Koeser, mayor of this city of 16,000, citing long lines, slow service and limited hours at stores and restaurants before the students arrived. But...
  • Freedom from OPEC ( American Energy in Play -- The Bakken )

    07/02/2012 9:27:22 AM PDT · by Ernest_at_the_Beach · 11 replies
    kirkspano.com ^ | July 2012 | Kirk Spano
    July 2012Over the past nine months I have been writing extensively about how the United States is on the verge of a major positive development.  Late last year, Goldman Sachs jumped on board with a special report to investors.  In the past few months, institutional finance magazines began reporting this major development.  In June, I noticed a handful of television journalists start to talk about it. Newspapers are beginning to write about it as well. What is it?   "It" is the United States becoming energy self-sufficient.  This means that the United States is very close to not needing energy,...
  • Saudi Arabia keeps oil tap on for world growth, Russia hurts

    06/25/2012 1:12:48 PM PDT · by Tailgunner Joe · 11 replies
    reuters.com ^ | June 25, 2012
    LONDON, June 25 (Reuters) - Saudi Arabia is showing no sign of changing its policy of high oil output to support global economic growth, despite a fall in crude prices below $90 a barrel for the first time in 18 months. Gulf and Western government sources in contact with Saudi officials said the OPEC power can tolerate oil at $90 or below for months, price levels that hurt Iran and Russia as they face off against Riyadh over the conflict in Syria. .... "If we keep producing at roughly the same rate, we're not flooding the market," said a senior...