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Keyword: drill

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  • Biden administration raises costs to drill on public lands

    04/12/2024 9:25:40 AM PDT · by ChicagoConservative27 · 8 replies
    The Hill ^ | 04/12/2024 | RACHEL FRAZIN
    The Interior Department on Friday finalized a rule making it more expensive for oil and gas producers to drill on federally owned lands. Several of the provisions in the rule — like raising the rent the government charges to oil companies for using its land and increasing the government’s share of the profits from that oil — were set out in law by the Democrats’ Inflation Reduction Act. The Biden administration will additionally make it more expensive for drillers to abandon their oil wells after use instead of cleaning them up. The administration argues that current bonding rates do not...
  • PA regulators grant approval for natural gas company to resume drilling after water pollution ban

    12/21/2023 11:19:02 PM PST · by Libloather · 3 replies
    AP via Fox News ^ | 12/20/23 | Ass Press
    A year after pleading no contest to criminal charges, one of Pennsylvania’s leading natural gas companies is poised to drill and frack in the rural community where it was banned for a dozen years for polluting the water supply. Coterra Energy Inc. has won permission from state environmental regulators to drill 11 gas wells underneath Dimock Township, in the state’s northeastern corner - the sweet spot of the largest natural gas field in the United States, according to well permit records reviewed by The Associated Press. Billions of dollars worth of natural gas, now locked in shale rock deep underground,...
  • IEA urges 'emergency measures' to cut oil use over supply fears

    03/18/2022 7:50:28 AM PDT · by Oldeconomybuyer · 22 replies
    France24 ^ | March 18, 2022
    Paris (AFP) – The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain" on markets, while warning that the world faced the biggest shock to supply "in decades". With the threat that supplies of Russian oil could be cut even more, "there is a real risk that markets tighten further and oil prices escalate significantly in the coming months" as...
  • Drill, Baby, Drill—Especially Offshore

    03/05/2022 3:48:56 AM PST · by Kaslin · 39 replies
    Townhall.com ^ | March 5, 2022 | humberto Fontova
    "WASHINGTON – Sen. Chuck Grassley (R-Iowa) joined Sens. Josh Hawley (R-Mo.), Bill Hagerty (R-Tenn.) and Tommy Tuberville (R-Ala.) to introduce the American Energy Independence Act of 2022, which reverses President Biden's shutdown of the American energy sector and returns American energy to full production." "Shortly after taking office, Biden canceled the Keystone XL Pipeline, blocked new oil and gas leases, (especially offshore) issued regulations designed to stymie domestic energy investment and advocated for measures that focus more on Green New Deal priorities than on American security. As energy prices soared at home, Biden turned to Russia and the global oil...
  • Explainer-Oil price spike leaves limited options for Biden

    01/14/2022 11:31:57 AM PST · by Oldeconomybuyer · 22 replies
    Reuters via Yahoo ^ | January 13, 2022 | by Jessica Resnick-Ault
    NEW YORK (Reuters) - Two months after U.S. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring down rising fuel prices, prices are again approaching multi-year highs. And Biden has few options to stop the rally. Global benchmark Brent crude passed $84 a barrel on Wednesday and leading analysts are forecasting that oil could pass $100 a barrel in the first quarter. Biden spearheaded a coordinated release of oil from strategic reserves with Japan, India, South Korea, Britain and China in November that helped quell prices - even though, in the end,...
  • Biden Admin Set to Auction Off Over 80 Million Acres to Oil and Gas Drilling Companies

    11/15/2021 5:04:19 PM PST · by Libloather · 38 replies
    Newsweak ^ | 11/15/21 | Jack Dutton
    The Biden administration is preparing to sell off more than 80 million acres of the Gulf of Mexico to oil and gas drilling companies in the largest federal offshore drilling auction in U.S. history—less than a week after the UN climate change conference COP26, where nearly 200 nations promised to reduce fossil fuel emissions. The annual Gulf of Mexico lease sale is planned for November 17 in New Orleans. The 80 million acres on sale is expected to produce around 1.12 billion barrels of oil and 4.2 cubic feet of natural gas over the next 50 years. The controversial auction...
  • Press Secretary Jen Psaki says Biden is asking OPEC to pump more oil

    10/18/2021 11:04:50 AM PDT · by janetjanet998 · 69 replies
    Press Secretary Jen Psaki says Biden is asking OPEC to pump more oil
  • Biden administration to resume drilling auctions in setback to climate agenda

    09/05/2021 8:18:00 AM PDT · by Libloather · 36 replies
    Reuters ^ | 8/31/21 | Nichola Groom
    Aug 31 (Reuters) - The Biden administration announced plans on Tuesday to open millions of acres for oil and gas exploration as the White House sought to comply with a court order requiring it to resume lease auctions. The move, which includes some 80 million acres of water in the Gulf of Mexico along with potentially hundreds of thousands more onshore, represents a setback for Democratic President Joe Biden's plans to fight climate change, which included a campaign vow to end new federal oil and gas leasing. Biden paused drilling auctions after taking office in January pending an analysis of...
  • The Chinese military has deployed armored vehicles to Europe for the first time as (tr)

    07/11/2019 10:58:08 PM PDT · by ransomnote · 7 replies
    businessinsider.in ^ | July 10, 2019 | RYAN PICKRELL Read more at: https://www.businessinsider.in/the-chinese-military-has-deployed-armor
    Full Title: The Chinese military has deployed armored vehicles to Europe for the first time as Chinese medics train in Germany More at the link, including photos
  • Chemists build a better cancer-killing drill

    05/30/2019 3:53:04 PM PDT · by BenLurkin · 12 replies
    Phys.org ^ | May 29, 2019 | Rice University
    An international team of scientists is getting closer to perfecting molecule-sized motors that drill through the surface of cancer cells, killing them in an instant. Researchers at Rice University, Durham (U.K.) University and North Carolina State University reported their success at activating the motors with precise two-photon excitation via near-infrared light. Unlike the ultraviolet light they first used to drive the motors, the new technique does not damage adjacent, healthy cells. The research led by chemists James Tour of Rice, Robert Pal of Durham and Gufeng Wang of North Carolina may be best applied to skin, oral and gastrointestinal cancer...
  • Citing climate change, U.S. judge blocks oil and gas drilling in large swath of Wyoming

    03/21/2019 2:30:11 AM PDT · by Libloather · 85 replies
    NBC News ^ | 3/20/19
    BILLINGS, Mont. — A judge blocked oil and gas drilling across almost 500 square miles in Wyoming and said the U.S. government must consider climate change impacts more broadly as it leases huge swaths of public land for energy exploration. The order marks the latest in a string of court rulings over the past decade - including one last month in Montana - that have faulted the U.S. for inadequate consideration of greenhouse gas emissions when approving oil, gas and coal projects on federal land. U.S. District Judge Rudolph Contreras in Washington appeared to go a step further than other...
  • US Oil Boom Is Defying Expectations, Experts Say

    01/18/2019 12:51:59 PM PST · by rktman · 34 replies
    dailycaller.com ^ | 1/18/2019 | Jason Hopkins
    The United States is expected to churn out far more oil in 2019 than what international analysts originally forecasted. The International Energy Agency, a Paris-based organization that helps coordinate energy policies for industrial countries, released its latest oil market report Friday, noting exceptional numbers for the U.S. fossil fuel industry. The agency reported U.S. oil production is expected to rise by 1.3 million barrels a day in 2019. While this number is lower than the record-smashing 2.1 million increase producers enjoyed in 2018, it’s more than double what the IEA initially expected to see in 2019. The forecast illustrates the...
  • How America Broke OPEC

    12/15/2018 10:35:09 AM PST · by DUMBGRUNT · 37 replies
    WSJ ^ | 15 Dec 2018 | The Editorial Board
    Many U.S. producers say they can turn a profit at $50 a barrel and even as low as $30 in the Permian’s most productive regions. Yet most OPEC members need prices ranging between $70 and $90 per barrel to balance their budgets. The cartel scaled back output in 2016, but shale producers roared back as prices recovered. *** Barack Obama, hilariously, is now claiming credit for the shale boom. “You know that whole suddenly America’s like the biggest oil producer . . . that was me, people,” he said last month at Rice University. But drilling leases on federal land...
  • Active shooter reported at Walter Reed Military Hospital [drill]

    11/27/2018 11:48:12 AM PST · by rightwingintelligentsia · 38 replies
    Cox Media via WPXI ^ | November 27, 2018
    There are reports of an active shooter situation at Walter Reed Medical Center in Bethesda, Maryland.
  • In Oil’s Huge Drop, All Signs Say Made in the U.S.A.

    11/23/2018 5:37:13 PM PST · by DUMBGRUNT · 36 replies
    WSJ ^ | 12 Noc 2018 | Stephanie Yang
    The downward spiral in oil prices is accelerating as a surge in crude production from a turbocharged U.S. petroleum industry runs into weaker global economic growth. A big reason why: the emergence of the U.S. oil industry as one of the world’s most important players. Ballooning shale production—American output has nearly doubled since the start of 2012—has made the U.S. a key supplier and exacerbated worries about a global glut of crude. The U.S. now exports more energy than it imports, by one measure. ...defying skeptics who previously warned OPEC’s grip on world markets had slipped thanks to U.S. shale.
  • King Of Jordan Wields Unique Firearms During Son's Birthday Shooting Drill

    07/03/2018 10:55:43 AM PDT · by Freeport · 25 replies
    The Drive ^ | N/A | Tyler RogowayView
    King Abdullah II of Jordan portrays himself very much as a warrior monarch and has a deep background in special operations and helicopter flying. To this day, the 56-year-old ruler of the Hashemite Kingdom does regular drills with commandos from the country's sprawling special operations apparatus and sometimes we get to see him in action. Such was the case this week when a video appeared online showing the King and the Crown Prince of Jordan practicing close-quarter combat (CQC) VIP protection drills, with the king wielding some unique firepower. Queen Rania Al Abdullah posted the video of father and...
  • IDF: IAF drill commences Sunday across country

    06/03/2018 2:19:28 AM PDT · by ransomnote · 3 replies
    ynetnews.com ^ | June 3, 2018 | ynet
    The IDF announced an IAF drill will commence Sunday across all IAF bases throughout the country and will end Thursday. The drill will include heavy aircraft traffic across the country's skies. Explosions and drill sirens will be sounded at IAF bases and in their vicinities.
  • Pain In The Pump: Gas Prices On The Rise

    04/03/2018 1:05:55 PM PDT · by Red Badger · 38 replies
    baltimore.cbslocal.com ^ | 04-03-2018 | Staff
    BALTIMORE (WJZ) — The cost of gas is up across the country, including in Maryland, and is inching toward the highest price in three years. Gas is going up about a penny every other day — 15 cents in the past month. “We’ll be paying the highest prices for this time of year since 2014,” said Christine Delise with AAA. Gas companies are changing over to a different summer blend. To do so, some refineries shut down, leading to the classic market principal of supply and demand. A tighter supply means they can demand more for your fuel. Demand is...
  • U.S. crude oil production hit record high in November: EIA

    03/01/2018 5:16:03 AM PST · by crusty old prospector · 5 replies
    Reuters ^ | February 28, 2018 | Jessica Resnick-Ault
    NEW YORK (Reuters) - U.S. crude oil production shattered a 47-year output record in November and retreated slightly in December, the U.S. Energy Department said on Wednesday, as oil production from shale continued to upend global supply patterns. Oil output rose to 10.057 million barrels per day (bpd) in November, a revision from earlier estimates, the EIA said. December production fell 108,000 bpd to 9.949 million bpd, it said. November’s figure exceeded the 10.044 million barrels produced daily in November 1970. Output has surged in the last several years due to the shale boom, pushing the United States past Saudi...
  • USAF Begins Massive GPS Blackouts In The Western US During Largest Ever Air War Drill

    01/27/2018 8:13:32 AM PST · by MarchonDC09122009 · 35 replies
    Flying magazine ^ | 1/25/2018
    https://www.flyingmag.com/upcoming-gps-outage-in-western-us-could-mean-back-to-basics Beginning tomorrow, January 26, and running through February 18, GPS-equipped aircraft operating in the Western United States should be prepared for possible satellite signal disruptions at various altitudes. The disruptions may lead to traffic delays and even ground stops. The NBAA Command Center reports the U.S. military will begin training exercises on the Nevada Test and Training Range between 0400Z until 0700Z daily. Training maneuvers will impact vast portions of the Western U.S. including California, Nevada, Oregon, Wyoming, Arizona, Utah, Colorado, Montana and New Mexico. FAA enroute ATC centers affected include Albuquerque (ZAB), Denver (ZDV), Los Angeles (ZLA), Salt...