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Keyword: energy

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  • Court: Oklahoma woman can sue fracking company for causing earthquakes

    07/01/2015 7:28:33 PM PDT · by SeekAndFind · 11 replies
    Hotair ^ | 07/01/2015 | Jazz Shaw
    If you read the title there’s not much more of an intro to do, really. Let’s just get to the case. Oklahoma’s Supreme Court said New Dominion LLC can be sued for damage caused by an earthquake that a woman blames on disposal wells tied to fracking, in what may be the first such case to head to a jury trial.Sandra Ladra sued New Dominion and Spess Oil Co. for injuries suffered to her knees and legs in November 2011, when a 5.0 magnitude earthquake struck near her home in central Oklahoma. She said the tremor caused the rock...
  • Toyotas new hydrogen-powered car has a record-setting range

    07/01/2015 2:37:08 PM PDT · by SeekAndFind · 30 replies
    Business Insider ^ | 07/01/2015 | Graham Rapier
    Toyota has been very vocal about its lofty plans for the new Mirai. After severing ties with Tesla in 2014, Toyota has shifted its focus toward fuel cells and away from all-electric cars. On Wednesday, Toyota announced that the Mirai had achieved an EPA-estimated range of 312 miles. Thats the longest range of any zero-emission vehicle on the market today, including electric vehicles. Toyota realized in the early 90s that electrification was key to the future of the automobile, said Toyotas North America CEO Jim Lentz in a statement Just as the Prius introduced hybrid-electric vehicles to millions of customers...
  • Oklahoma court rules earthquake victim can sue oil companies

    07/01/2015 7:40:36 AM PDT · by markomalley · 13 replies
    Reuters ^ | 6-30-15 | Yeganeh Torbati
    An Oklahoma woman who was injured when an earthquake rocked her home in 2011 can sue oil companies for damages, the state's highest court ruled on Tuesday, opening the door to other potential lawsuits against the state's energy companies. Oklahoma has experienced a dramatic spike in earthquakes in the last five years, and researchers have blamed the oil and gas industry's practice of injecting massive volumes of saltwater left over from oil and gas drilling. The state saw nearly 600 quakes of magnitude 3.0 or greater in 2014, compared to just one or two per year prior to 2009, according...
  • Houston among top cities to find a job, despite oil slump

    07/01/2015 5:38:49 AM PDT · by thackney · 4 replies
    Houston Business Journal ^ | Jun 30, 2015 | Olivia Pulsinelli
    Despite the economic effects of the oil slump, Houston is still among the top metropolitan areas to find a job, a new report says. The Bayou City was second only to Provo, Utah, according to new data compiled by Career Builder and summarized by Forbes. The list ranks the largest 150 U.S. metros based on multiple factors, including unemployment rates, job listings growth and the amount of high-paying new jobs. Raleigh, North Carolina; San Jose, California; and Salt Lake City, Utah, round out the top five. Two other Texas metros McAllen at No. 6 and Austin at No. 9...
  • Toyota Mirai Fuel Cell Car Record 312 miles = Longest Driving Range of ANY Zero Emission Vehicle

    06/30/2015 3:29:17 PM PDT · by ckilmer · 59 replies
    businesswire ^ | June 30, 2015 02:00 PM Eastern Daylight Time
    Its Official! Toyota Mirai Goes the Distance Hydrogen Fuel Cell Electric Vehicle Sets Record 312 miles = Longest Driving Range of ANY Zero Emission Vehicle on the Market Toyota announced at the Aspen Ideas Festival that the new Toyota Mirai will offer an EPA-estimated 67 miles per gallon equivalent city/highway/combined, and an EPA-estimated driving range rating of 312 miles on a single fill of hydrogen the longest driving range of any zero emissions vehicle on the market. (Photo: Business Wire) Toyota announced at the Aspen Ideas Festival that the new Toyota Mirai will offer an EPA-estimated 67 miles per...
  • Samsung develops lithium-ion battery with nearly double the life

    06/30/2015 12:08:20 PM PDT · by Red Badger · 20 replies
    Phys.Org ^ | 06-30-2015 | Bob Yirka
    A team of researches affiliated with Samsung's Advanced Institute of Technology, along with colleagues from other institutions in Korea has found a way to greatly extend lithium-ion battery life. In their paper published in the journal Nature Communications, the team describes their new technique and the results they achieved using it. Consumers want their phone batteries to last longer—that is no secret, and battery life has been extended, but mostly due to improved efficiency of the electronics that depend on it. Researchers at phone companies and elsewhere have been working hard to find a way to get more power out...
  • Did green madness help create the Greek debt crisis?

    06/30/2015 7:39:20 AM PDT · by Brad from Tennessee · 14 replies
    Watts Up With That? ^ | June 30, 2015 | By Eric Worrall
    The unfolding Greek financial crisis is front page news. The repercussions bank runs, unsustainable debts, deadlocked creditors could easily lead to major consequences worldwide. However misconceived the Euro currency was, its downfall will be painful on a global scale. How much of Greeces current economic problems were caused by the made Hellenic dash into renewable energy? The answer, unsurprisingly, is most likely quite a lot. Greece, like many small European economies, has placed a substantial focus on green energy, seeing it as a quick leg up into the big league an easy way to attract generous funding...
  • Current Oil Price Slump Far From Over

    06/30/2015 10:32:51 AM PDT · by bananaman22 · 17 replies
    Oilprice.com ^ | 30-06-2015 | Arthur
    The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. It represents a phase change like when water turns into ice: the composition is the same as before but the physical state and governing laws are different.* For oil prices, the phase change was caused mostly by the growth of a new source of supply from unconventional, expensive oil. Expensive oil made sense only because of the longest period ever of high oil prices in...
  • Current Oil Price Slump Far From Over

    06/30/2015 5:45:36 AM PDT · by expat_panama · 36 replies
    Yahoo Finance ^ | Jun 30, 2015 | Arthur Berman
    The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. It represents a phase change like when water turns into ice: the composition is the same as before but the physical state and governing laws are different.*[snip]A New Supply Source and Over-Production The main cause of the price collapse of 2014-2015 was over-production of oil. Most of the increase came from unconventional production in the United States and Canadatight oil, oil sands and deep-water oil....
  • Four Factors Influencing the Energy Industry Labor Pool

    06/30/2015 5:51:16 AM PDT · by thackney · 2 replies
    Power Engineering ^ | 06/18/2015 | MICHAEL P. MCMAHON
    The Center for Energy Workforce Development estimates that nearly half of the electric power generation, transmission and distribution workforce may be replaced in the coming years due to baby boomer retirements. As the demographics change, the energy industry is challenged with replacing a massive number of experienced workers all at the same time. While the scope and magnitude of the issue is widely recognized, there is no single solution to the problem. A closer look at the workforce challenge reveals social, cultural, and economic factors that should be considered when forming an effective solution. The following is a look at...
  • Bragging rights: So who is the worlds top oil producer?

    06/30/2015 5:16:39 AM PDT · by thackney · 1 replies
    Platts ^ | June 30, 2015 | Robert Perkins
    Earlier this month, BPs latest Statistical Review unintentionally reopened a debate into whether the US has regained the crown as the worlds top oil producer after decades of being out-gunned by Saudi Arabia and Russia. Ostensibly a straight-forward measure of which country tops the leaderboard on oil output, BPs widely-read yardstick has the US eclipsing both Saudi Arabia and Russia for the first time last year since 1975. Fueled by booming shale oil, BP said, US oil output hit 11.64 million b/d last year, a narrow but decisive margin over Saudi Arabias 11.51 million b/d. The devil is in the...
  • Hyundai sees green future in hydrogen-powered cars

    06/29/2015 5:24:09 PM PDT · by ckilmer · 10 replies
    wtop.com ^ | June 29, 2015 6:23 am
    <p>YONGIN, South Korea (AP) — Hyundai Motor Co. said Monday it believes hydrogen fuel cell vehicles are the future for eco-friendly cars despite challenges of limited infrastructure and slow sales.</p> <p>South Korea’s largest automaker has sold or leased 273 Tucson fuel cell SUVs since beginning production in 2013, lower than its 1,000 target, mostly in Europe and California.</p>
  • New York bans fracking after years of "exhaustive research"

    06/29/2015 1:28:12 PM PDT · by Citizen Zed · 18 replies
    Oneida Dispatch ^ | 6-29-2015 | AP
    <p>New York has formalized its ban on high-volume hydraulic fracturing for natural gas after a seven-year environmental and health review.</p> <p>Department of Environmental Conservation Commissioner Joe Martens announced the decision Monday, saying a ban was the "only reasonable alternative" after "years of exhaustive research and examination of the science and facts."</p>
  • Market Tanking - Any Correlation With the Judgement We Can Now Expect? [Vanity]

    06/29/2015 11:35:44 AM PDT · by fwdude · 53 replies
    self-published | 06/29/15 | fwdude
    At last check the market (DJI) was down 254 points after a steady decline throughout the day. US Treasury yields down 14 basis points. I know, the Greek crisis. But Who orchestrates these events beyond our understanding?
  • Hillary withheld emails on Benghazi & Libyan oil - altered others to downplay sharia

    06/29/2015 12:07:55 PM PDT · by Sean_Anthony · 19 replies
    Canada Free Press ^ | 06/29/15 | Robert Laurie
    If the White House is disgusted with anything, it's that she got caught According to a report published this weekend, not only did Hillary lie about the YouTube video but she also lied when she said she turned over all of her non-personal emails. ....And at least a few of the emails that she did manage to turn over were sanitized to downplay some politically uncomfortable realities. As the Washington Examiner reports: Hillary Clinton withheld Benghazi-related emails from the State Department that detailed her knowledge of the scramble for oil contracts in Libya and the shortcomings of the NATO-led military...
  • How Greece Crisis Could Drag Oil Prices Down

    06/29/2015 9:54:41 AM PDT · by bananaman22 · 8 replies
    Oilprice.com ^ | 29-06-2015 | Grexit
    The Greek tragedy is reaching its climax. The discussions between Greece and its European creditors broke down over the weekend, with the two sides still at an impasse. Greek Prime Minister Alexis Tsipras balked at deeper austerity cuts to the Greek economy, cuts that are a prerequisite for further help from Berlin and Brussels. As a result, Greece is approaching the precipice. With a massive debt payment due on June 30 to the IMF, Greece could default. The extent of the fallout is anybodys guess, but Greece could see the value of its bonds plummet, putting its banks in crisis,...
  • Supreme Court overturns landmark EPA air pollution rule

    06/29/2015 10:22:22 AM PDT · by Cincinatus' Wife · 39 replies
    The Hill ^ | June 29, 2015 | Timothy Cama and Lydia Wheeler
    The Supreme Court overturned the Obama administrations landmark air quality rule on Monday, ruling the Environmental Protection Agency did not properly consider the costs of the regulation. In a 5-4 ruling, the justices ruled that the EPA should have taken into account the costs to utilities and others in the power sector before even deciding whether to set limits for the toxic air pollutants it regulated in 2011. The case, Michigan v. EPA, centers on the EPAs first limits on mercury, arsenic and acid gases emitted by coal-fired power plants, known as mercury and air toxics (MATS). Opponents, including the...
  • Supreme Court rules against EPA on pollution rules

    06/29/2015 7:44:32 AM PDT · by sheikdetailfeather · 78 replies
    Washington Examiner ^ | 6-29-2015 | John Siciliano
    The Supreme Court ruled 5-4 against Environmental Protection Agency pollution rules for power plants Monday, in a blow to President Obama's environmental agenda. The EPA rules in question regulate hazardous air pollutants and mercury from coal- and oil-fired power plants, known as the MATS regulations. The regulations went into effect April 16. The utility industry argues that the rules cost them billions of dollars to comply and that EPA ignored the cost issue in putting the regulations into effect. Many of the companies have either made the investments or closed power plants to comply. If the investments necessary to upgrade...
  • The Supreme Court handed Obama a significant loss on one of his biggest environmental initiatives

    06/29/2015 8:36:41 AM PDT · by SeekAndFind · 33 replies
    Business Insider ^ | 06/29/2015 | BRETT LOGIURATO
    A divided Supreme Court on Monday dealt a significant blow to the Obama administration's environmental agenda, invalidating a rule that would limit the release of mercury and other pollutants from power plants. In a 5-4 ruling, the Court found that the Environmental Protection Agency did not appropriately consider the costs to utility companies when handing down the rule under the Clean Air Act. "We hold that EPA interpreted unreasonably when it deemed cost irrelevant to the decision to regulate power plants," Justice Antonin Scalia wrote in the court's majority opinion. Scalia was joined by the four conservative justices in his...
  • U.S. Manufacturing costs are almost as low as Chinas, and thats a very big deal

    06/29/2015 8:41:40 AM PDT · by thackney · 46 replies
    Fortune ^ | JUNE 26, 2015 | Brian Dumaine
    Made in the U.S.A is becoming more affordable. The reason? Fracking. You dont need to a Nobel Prize in economics to know that the fracking revolution has been good for the U.S. Whats not so well known is just how competitive cheap oil and gas has made American manufacturing. BCG, the Boston consultancy, estimates the average cost to manufacture goods in the U.S. is now only 5% higher than in China and is actually 10% to 20% lower than in major European economies. Even more striking: BCG projects that by 2018 it will be 2% to 3% cheaper to make...
  • Supreme Court rules against EPA power plant mercury limits

    06/29/2015 8:35:03 AM PDT · by thackney
    Fuel Fix ^ | June 29, 2015 | Associated Press
    The Supreme Court has ruled against federal regulators attempt to limit power plant emissions of mercury and other hazardous air pollutants. The rules began to take effect in April, but the court said by a 5-4 vote Monday that the Environmental Protection Agency failed to take their cost into account when the agency first decided to regulate the toxic emissions from coal- and oil-fired plants.
  • Foreign companies helping fund U.S. petrochemical expansions, analysis finds

    06/29/2015 4:23:29 AM PDT · by thackney · 2 replies
    Fuel Fix ^ | June 26, 2015 | Rhiannon Meyers
    Foreign investors are helping fuel the U.S. petrochemical renaissance, as overseas companies scramble to take advantage of the surge of cheap domestic natural gas, according to a new industry analysis. Twelve of the 25 companies proposing to build or expand ethane crackers in the United States are international firms, underscoring the competitive advantage the U.S. continues to reap from the shale boom, according to Petrochemical Update, which analyzes construction trends for the petrochemical industry. Foreign interest in the U.S. petrochemical industry spiked after advances in horizontal drilling and hydraulic fracturing unleashed a wave of natural gas. Prices collapsed, quickly transforming...
  • Bill Gates Has Spent $1 Billion on Renewable Energy -- And He Wants to Spend Even More

    06/28/2015 3:19:26 PM PDT · by ckilmer · 63 replies
    entrepreneur.com ^ | June 26, 2015 | Geoffrey Smith
    <p>Bill Gates reckons he has already dropped a cool $1 billion on investments in renewable energy technologies. Now he’s looking to double that.</p> <p>Gates, who according to Forbes will still have at least $78 billion left even after he’s placed his new bets, said in an interview with the Financial Times that investing in radical, ‘wild-eyed’ energy tech companies is the only way that the world is going to get the solution to climate change at an affordable economic cost.</p>
  • U.S. Manufacturing costs are almost as low as Chinas, and thats a very big deal

    06/27/2015 4:17:30 AM PDT · by 2ndDivisionVet · 31 replies
    Fortune ^ | June 26, 2015 | Brian Dumaine
    Made in the U.S.A is becoming more affordable. The reason? Fracking.You dont need to a Nobel Prize in economics to know that the fracking revolution has been good for the U.S. Whats not so well known is just how competitive cheap oil and gas has made American manufacturing. BCG, the Boston consultancy, estimates the average cost to manufacture goods in the U.S. is now only 5% higher than in China and is actually 10% to 20% lower than in major European economies. Even more striking: BCG projects that by 2018 it will be 2% to 3% cheaper to make stuff...
  • Marcellus Shale region to see wave of large pipeline projects

    06/26/2015 5:43:27 AM PDT · by thackney · 12 replies
    PowerSource P-G ^ | June 23, 2015 | Stephanie Ritenbaugh
    Over the next three years, the Marcellus Shale region can expect to see about 17 pipeline projects meant to ship about 17.3 billion cubic feet per day of natural gas out of Pennsylvania, West Virginia and Ohio to end-users, according to IHS Energy. Those destinations are varied, and in addition to New England, some are targeting the Midwest, eastern Canada and the South, said Matthew Piatek, associate director of North American natural gas for IHS, which tracks energy markets. Given the amount of production in the tri-state area currently, it will be able to satisfy the lions share of Mid-Atlantic...
  • Where is the Oil?

    06/26/2015 5:37:02 AM PDT · by thackney · 10 replies
    Real Clear Energy ^ | June 25, 2015 | Phil Verleger
    For several months, oil market pundits (economists, analysts, company spokespeople, and government officials) have warned of a developing global crude oil surplus. Early this year, IEA economists even asserted world storage capacity might be exhausted. Today pundits still suggest we will confront a serious imbalance by years end. The market data do not reflect these views. Since Saint Patricks Day, prices have increased as much as thirty-seven percent from their recent lows. Some of the rise can be attributed to passive investor and speculator buying. However, speculation is not the whole story. The sharp contango (when a future market price...
  • Debate intensifies over the nations gas pipeline needs

    06/25/2015 1:07:53 PM PDT · by thackney · 4 replies
    Fuel Fix ^ | June 25, 2015 | Jordan Blum
    The numerous pipeline projects already in the works are more than sufficient to handle the increased natural gas demands in the U.S., with a federal push to limit carbon emissions, according to a new report from the Advanced Energy Economy Institute that urges for more clean power solutions. The new report attempts to counter claims by the North American Electric Reliability Corp. and other stakeholders that contend the nations increasing reliance on cheap natural gas for electricity will require more pipeline and power generation capacity. Such critics say the problems will be exacerbated and the nations grid reliability will suffer...
  • U.S. refinery capacity reaches 18 million barrels per day

    06/25/2015 9:48:54 AM PDT · by thackney · 6 replies
    Energy Information Administration ^ | June 24, 2015 | Energy Information Administration
    U.S. operable atmospheric crude distillation (CDU) capacity increased by 0.2% in 2014, reaching 18.0 million barrels per calendar day (b/d) according to EIA's recently released annual Refinery Capacity Report (Figure 1). This was the second consecutive year of modest capacity growth following the 2.9% increase in 2012 that resulted from the restart of East Coast refineries that had closed in 2011. The capacities of secondary units that support heavy crude processing and production of ultra-low sulfur diesel and gasoline, including thermal cracking (coking), catalytic hydrocracking, and hydrotreating/desulfurization, also increased. The refinery capacity reported for the start of 2015 includes expansions...
  • Rigzone 2Q Survey Reveals Oil, Gas Companies Reluctant to Hire

    06/25/2015 9:40:23 AM PDT · by thackney · 4 replies
    Rig Zone ^ | 6/25/2015 | Valerie Jones|
    Still grappling with market uncertainty, 51 percent of global hiring managers decreased their hiring efforts in the past three months, according to Rigzones latest global hiring survey. Additionally, 13 percent have completely frozen their recruitment plans. Since oil prices bottomed out in mid-March, the industry has seen slight increases in oil price per barrel, but not enough for oil and gas companies to feel comfortable enough to actively increase hiring plans in the near future, the survey revealed. In fact, 54 percent of global hiring managers said they believe job cuts are more likely in the next six months and...
  • NCBA warns of lawsuit over Waters of the U.S.

    06/25/2015 9:18:56 AM PDT · by george76 · 13 replies
    Farm Futures ^ | Jun 23, 2015
    NCBA will engage EPA in lawsuit alleging overreach in Waters of the U.S. rule, group says. Concerns of cattlemen regarding the U.S. EPA and Army Corps of Engineers Waters of the U.S. rule released last month are coming true, National Cattlemen's Beef Association Vice President of Government Affairs Colin Woodall said Tuesday, but that's actually generating more support for repeal efforts. We just got some more feedback this last weekend that it's the determination of the EPA that any stock tank or pond that runs around in a flooding type event would be considered a 'water of the United States,'"...
  • Wyoming federal judge blocks federal fracking rules

    06/24/2015 10:03:53 PM PDT · by 2ndDivisionVet · 1 replies
    Hot Air ^ | June 24, 2015 | Jazz Shaw
    The new Bureau of Land Management rules regarding fracking on federal lands were just about to go into effect this month, pleasing environmental activists no end since it would make the process essentially untenable. But several states, along with energy company interests, had filed suit to protest the excessively heavy handed rules and a federal judge has now shut down the implementation of these restrictions pending further review. A federal judge in Wyoming has temporarily blocked implementation of the Obama administration’s regulations for hydraulic fracturing on federal land, hours before they were set to take effect. The late Tuesday decision...
  • North Dakota tribal panel wants to regulate oil development

    06/24/2015 1:11:02 PM PDT · by Citizen Zed · 5 replies
    Kansas City Star ^ | 6-24-2015 | JAMES MACPHERSON, AP
    BISMARCK, N.D. Tribal leaders from an oil-prolific portion of North Dakota's Fort Berthold Reservation say they can't count on federal or state regulators or their own tribal government to monitor the boom, so they are moving to do it themselves. Industry officials question whether the tribe has the jurisdiction to impose such rules and warned the change could severely slow oil production on the reservation, which accounts for about a third of the state's 1.1 million barrels of daily oil production. Lone Fight and other tribal leaders from the region said they are fed up with everything from...
  • Black Chamber of Commerce: EPA Clean Air Plan Will Increase Black Poverty 23%, Strip .. Black Jobs

    06/24/2015 9:55:43 AM PDT · by george76 · 50 replies
    CNS News ^ | June 24, 2015 | Ali Meyer
    A study commissioned by the National Black Chamber of Commerce, which represents 2.1 million black-owned businesses in the United States, found that the Environmental Protection Agencys (EPA) Clean Power Plan would increase black poverty by 23 percent and cause the loss of 7 million jobs for black Americans by 2035. The study also found that the EPA' plan would increase Hispanic poverty by 26 percent and cause the loss of 12 million jobs for Hispanic Americans by 2035. The EPA proposed the Clean Power Plan on June 2, 2014 to cut carbon emissions from power plants. ... There was a...
  • Chuck Schumer: Carbon tax has a chance if Clinton wins

    06/24/2015 6:28:08 AM PDT · by Oldeconomybuyer · 12 replies
    Politico ^ | June 23, 2015 | By ELANA SCHOR
    Sen. Chuck Schumer outlined a path Tuesday for Hillary Clinton to enact a carbon tax if the Democrats prevail in the 2016 elections. Schumer said that a Clinton presidency and the return of his party to the Senate majority in 2017 could pave the way for lawmakers to enact a carbon tax to help fund the government. The mere suggestion of a new fee on the emissions blamed for climate change, however, could become a political headache for Clinton and other Democrats, and its routinely dismissed by Republicans. Schumer also vowed that Democrats would successfully defend President Barack Obamas landmark...
  • ARMENIA: Thousands Protest In Yerevan Against Electricity Prices [VIDEO] [LIVE STREAM]

    06/24/2015 5:21:03 AM PDT · by UMCRevMom@aol.com · 3 replies
    Several thousand people have been protesting in the Armenian capital against rising electricity prices. The protesters marched on June 22 from Yerevan's central Freedom Square toward the presidential palace, but were stopped on Baghramyan Avenue by riot police backed by water cannons. At about 8 p.m. local time, the protesters sat on the road, blocking traffic. Police said the protest march was "unlawful" and warned that they would disperse the rally. Around midnight, police asked protesters to return to Freedom Square. Authorities turned off the street lights, prompting protest coordinators to demand that they turn them back on. Police later...
  • Judge postpones Obama administrations fracking rule from taking effect

    06/24/2015 5:32:16 AM PDT · by bestintxas · 4 replies
    wash times ^ | 6/23/15 | v richardson
    A federal judge agreed Tuesday to postpone the Obama administrations tough new hydraulic fracturing restrictions just hours before they were scheduled to take effect. U.S. District Court Judge Scott Skavdahl in Casper, Wyoming, gave both sides another week to submit arguments and citations before making a final decision on the request for a stay, which is expected July 22. Four Western states Colorado, North Dakota, Utah and Wyoming along with two oil and gas industry groups had asked the court to delay the Bureau of Land Management rule slated to kick in Wednesday until their lawsuits could be...
  • Saudi Cables release is just one tenth of what we have WikiLeaks to RT

    06/23/2015 9:26:07 PM PDT · by 2ndDivisionVet · 4 replies
    RT ^ | June 23, 2015
    Journalists have established the authenticity of the first tranche of the top secret Saudi documents published by WikiLeaks, as Saudi Arabia has warned not to distribute them, spokesperson for the WikiLeaks told RT adding that its just the beginning. We are seeing how the oil money is being used to increase influence of Saudi Arabia which is substantial of course - this is ally of the US and the UK. And since this spring it has been waging war in neighboring Yemen, Icelandic investigative journalist and spokesperson for the WikiLeaks organization Kristinn Hrafnsson told RT. On Friday, the whistleblowing website...
  • Running Out Of Cash, Greece Returns To Coal

    06/23/2015 9:36:23 AM PDT · by george76 · 12 replies
    Canada Free Press ^ | June 22, 2015 | Dr. Benny Peiser
    Greeces energy minister Lafazanis said that [the coal-fired power plant] Ptolemaida V is required since renewable power plants are intermittent and endanger the countrys energy security. In May, Lafazanis sent a letter to the European Commission asking permission to operate the Ptolemaida III, a separate coal plant that is shut down due to its very old technology that pollutes the environment enormously. One of Lafazanis arguments was the economic crisis in Greece, which makes the need for keeping the cost of energy for households heating as low as possible... Polands leading opposition party is seeking to negotiate exemptions from the...
  • The World's Poor Need More Energy: What BP Knows and Pope Francis Doesnt

    06/22/2015 5:05:32 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 06/21/2015 | Robert Bryce
    When it comes to energy supplies and therefore carbon dioxide emissions and climate change who are you going to believe? Pope Francis, or BP? Whether you love the pope and hate BP, or vice versa, doesnt matter. What matters when discussing energy availability, climate change, and poverty are hard numbers and simple math. And the latest edition of BPs Statistical Review of World Energy, which was released eight days before Pope Francis issued his encyclical on climate change, is chockfull of numbers that expose the popes failed climate math. Indeed, an analysis of the two documents reveals the...
  • Saudi Arabia, Russia sign nuclear power cooperation deal

    06/21/2015 9:13:05 AM PDT · by mac_truck · 29 replies
    Reuters ^ | 6/19/15 | Reem Shamseddine
    Saudi Arabia and Russia have signed an agreement to cooperate on nuclear energy development, a Saudi government body in charge of such projects said. The government body, the King Abdullah City for Atomic and Renewable Energy, announced the cooperation deal on its website on Thursday but gave no further details. Saudi-owned al-Arabiya TV, citing unnamed sources, said the kingdom planned to build 16 nuclear reactors in which Russia would play a significant role in operating them. The Saudi atomic and renewable energy body has already signed nuclear cooperation deals with countries able to build reactors, including the United States, France,...
  • Obama: I spend most of my time on the economy

    06/20/2015 7:44:08 AM PDT · by PROCON · 69 replies
    investors.com ^ | June 20, 2015 | ANDREW MALCOLM
    President Obama's weekly remarks Hi, everybody. As President, I spend most of my time focused on what we can do to grow the economy and grow new pathways of opportunity for Americans like you to get ahead. And weve made progress. More than 12 million new private sector jobs in the past five years. More than 16 million Americans whove gained health insurance. More jobs creating more clean energy. More kids graduating from high school and college than ever before.
  • Shale 2.0:Technology and the Coming Big-Data Revolution in Americas Shale Oil Fields

    06/20/2015 8:10:08 AM PDT · by bestintxas · 13 replies
    Manhattan Institute ^ | 5/16/15 | Mark P. Mills
    With petroleum prices down 50 percent over the past year, many analysts and pundits are predicting the end of Americas shale oil boom. Recent headlines include: Oil Price Fall Forces North Dakota to Consider Austerity (New York Times);[1] Oil Price Drop Hurts Spending on Business Investments (Wall Street Journal);[2] The American Oil Boom Wont Last Long at $65 per Barrel (Bloomberg Business);[3] and The Shale Oil Revolution Is in Danger (Fortune)[4]. High prices, shale skeptics argue, created a bubble of activity in unsustainably expensive shale fields. As shale-related businesses contract, consolidate, and adjust to the new price regime, a major...
  • Putin: Russian pipeline project to help Greece pay its debt

    06/20/2015 5:29:04 AM PDT · by sheikdetailfeather · 13 replies
    AP ^ | 6-20-2015 | SANDY MACINTYRE and NATALIYA VASILYEVA
    ST. PETERSBURG, Russia (AP) -- Russian President Vladimir Putin said after Friday's talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece was not discussed. Speaking of the pipeline deal at a meeting with top executives of global news agencies, including The Associated Press, which began nearly three hours behind schedule at around midnight, Putin said he saw no support for the Greeks from the EU. "If EU wants Greece to pay its debts it should be...
  • US climate skeptics say Pope wrong, poor need cheap fuel

    06/18/2015 9:28:54 PM PDT · by 2ndDivisionVet · 15 replies
    France24 ^ | June 18, 2015 | Agence France-Presse
    MIAMI (AFP) - US climate change skeptics and deniers said Thursday that Pope Francis was wrong to urge action against global warming because continuing to burn cheap fossil fuels could actually help the poor. The reactions to Pope Francis' encyclical on climate change ranged from anger to polite disagreement, with US Republican presidential candidate Jeb Bush saying he respects the Catholic leader but prefers to make decisions about the environment in the political realm. "Look, the climate is changing," Bush said at a campaign event in Iowa, according to CNN. "I believe there are technological solutions for just about everything....
  • New York Energy Week: Fusion Energy Sooner and Cheaper?

    06/18/2015 2:25:07 PM PDT · by ckilmer · 29 replies
    breakingenergy.com ^ | on June 18, 2015 at 2:00 PM | Andrew Holland
    Nuclear New York Energy Week: Fusion Energy Sooner and Cheaper? By Andrew Holland on June 18, 2015 at 2:00 PM A worker welds a part on the exterior of the Wendelstein 7-X experimental fusion reactor at the Max Planck Institute for Plasma Physics on October 29, 2013 in Greifswald, Germany. (Photo by Sean Gallup/Getty Images) What would it mean to have an essentially limitless amount of energy? If we can harness fusion power, we can have energy that is clean, safe, sustainable, and secure. It will be the power of a sun on earth. The dream of fusion energy...
  • WH Announces Executive Actions and Private Investments to Beef Up Clean Energy Innovation

    06/18/2015 7:15:35 AM PDT · by HomerBohn · 6 replies
    The New American ^ | 6/17/2015 | Warren Mass
    During the Clean Energy Investment Summit hosted by the White House on June 16, the administration announced a series of initiatives that will include more than $4 billion in private sector commitments and executive actions to scale up investment in clean energy innovation. A statement posted by the White House press secretarys office noted that Vice President Joe Biden would deliver remarks highlighting more than $4 billion of independent commitments by major foundations, institutional investors, and other long-term investors to fund climate change solutions, but also stated that the White House is announcing a series of executive actions that will...
  • Windmills and solar plants kill hundreds of times more birds than oil spills

    06/18/2015 6:27:38 AM PDT · by rktman · 12 replies
    americanthinker.com ^ | 6/18/2015 | Thomas Lifson
    Along with polar bears in ice floes drifting out to sea, a favorite image of the greenies is oil-soaked birds, flung before us every time there is an oil spill, even one so minor that the media expresses it in gallons, not barrels of oil, in order to make it seem large scale. The recent pipeline spill at Refugio State beach in California sounded much worse as 100,000 gallons than 2380 barrels. And pictures of oil soaked birds were ubiquitous.
  • Which Kills More Birds? Oil Spills, or Windmills?

    06/18/2015 2:54:11 AM PDT · by IBD editorial writer · 17 replies
    Investor's Business Daily ^ | 06/17/2015 | Kerry Jackson
    Any time there's an oil spill on the water, the media are filled with photos and videos of crude-soaked birds. The coverage is the cue for the self-appointed environmentalist defenders of wildlife to wring their hands and furrow their brows.
  • WH Science Adviser: Cars, Trucks and Planes Are Going to Have to Run on Electricity, Biofuels or

    06/17/2015 7:31:22 PM PDT · by Olog-hai · 22 replies
    Cybercast News Service ^ | June 16, 2015 | 6:58 PM EDT | Penny Starr
    John Holdren, President Barack Obamas top science and technology advisor, said at a White House summit on clean energy on Tuesday that a global low-carbon economy by the year 2050 means that cars, trucks and planes will be powered by electricity, biofuels or hydrogen. As we all know, a global low-carbon economy in 2050 is going to have to meet the energy needs of 9 or 10 billion people using technologies that will have to be more advanced than the technologies that are in place today, he said. Buildings, agriculture, machines must be dramatically more energy-efficient. Cars, trucks and planes...
  • Finland: Horse manure plan to heat homes

    06/17/2015 6:33:17 PM PDT · by ConservativeStatement · 17 replies
    BBC ^ | June 15, 2015
    Finland's government wants the country to turn away from fossil fuels and look towards horse manure to heat its homes instead, it's reported. The new coalition's manifesto sets out plans for the large-scale use of horse dung as a renewable source of energy, the national broadcaster Yle reports. One energy company is already trying out a biofuel made by mixing horse manure with a wood-based litter, which is then burned to create power. The Fortum group says the annual waste created by three horses would be enough to heat a family home for a year. And with about 77,000 horses...