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Keyword: energy

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  • Let Alaska decide (Saturbray)

    01/31/2015 6:36:16 AM PST · by bray · 3 replies
    www.braylog.com ^ | 1/31/15 | bray
    Genesis 14:21 The king of Sodom said to Abram, “Give me the people and keep the goods for yourself.” Just as the price of gas is reaching levels Americans can both go to the grocery store and fill their cars in the same week, our Glorious Premier Obozo decides to close the remainder of the ANWAR desert to oil exploration. This oil reserve holds more than thirty years of energy for America and would further stabilize the price of gas, but Marxists like him hate cheap oil so he is closing this production by edict. Alaskans want to develop and...
  • It’s off limits; Fish & Wildlife ANWR plan bans oil development in coastal plain of refuge

    01/31/2015 6:10:10 AM PST · by thackney · 9 replies
    Petroleum News ^ | Week of February 01, 2015 | Alan Bailey
    The U.S. Fish and Wildlife Service has published a final environmental impact statement for the agency’s conservation plan for the Arctic National Wildlife Refuge. In that EIS the agency has selected a plan alternative that recommends that Congress should designate the entire refuge as wilderness, (see map page 23) including the coastal plain area, sometimes known as the 1002 area. This wilderness designation would place the entire refuge off limits for oil and gas exploration and development. Land in the immediate vicinity of the coastal village of Kaktovik would be excluded from the wilderness designation but would still require Congressional...
  • Nuclear Power Turns To Salt

    01/31/2015 1:05:27 AM PST · by ckilmer · 19 replies
    forbes.com ^ | 1/07/2015 @ 11:32AM | James Conca
    Today, it was announced that the Department of Energy’s Oak Ridge National Laboratory  (ORNL) in Tennessee is partnering with Canadian nuclear company Terrestrial Energy Inc. (TEI) to assist with TEI’s new Integral Molten Salt Reactor (IMSR). The engineering blueprint stage for this GenIV reactor should be reached in two years. The reactor should come online in less than ten.
  • Nuclear Regulatory Commission: Yucca Mountain Safe to Store Nuclear Waste

    01/30/2015 1:37:41 PM PST · by jazusamo · 15 replies
    CNSNews ^ | January 30, 2015 | Barbara Hollingsworth
    Yucca Mountain, located about 90 miles north of Las Vegas, Nev. (Nuclear Regulatory Commission) (CNSNews.com) – The Nuclear Regulatory Commission (NRC) has released the final two volumes of a five-volume safety report that concludes that Nevada’s Yucca Mountain meets all of its technical and safety requirements for the disposal of highly radioactive nuclear waste. “With reasonable assurance, subject to proposed conditions, DOE’s [Department of Energy] application meets the NRC’s regulatory requirements” for the disposal of “high-level nuclear waste,” the regulatory agency announced Thursday. However, “completion of the safety evaluation report does not represent an agency decision on whether to...
  • Exploring the Universe with Nuclear Power

    01/30/2015 9:14:11 AM PST · by BenLurkin · 27 replies
    universetoday.com ^ | on January 30, 2015 | by Matt Williams
    Although no nuclear-thermal engines have ever flown, several design concepts have been built and tested over the past few decades, and numerous concepts have been proposed. These have ranged from the traditional solid-core design to more advanced and efficient concepts that rely on either a liquid or a gas core. In the case of a solid-core design, the only type that has ever been built, a reactor made from materials with a very high melting point houses a collection of solid uranium rods which undergo controlled fission. The hydrogen fuel is contained in a separate tank and then passes through...
  • Pennsylvania reinstates drilling moratorium

    01/30/2015 11:05:46 AM PST · by Berlin_Freeper · 26 replies
    upi.com ^ | Jan. 30, 2015 | Daniel J. Graeber
    A decision to ban oil and gas drilling on state land in Pennsylvania was met with praise and criticism, with an industry leader describing it as a "lose-lose." Louis D'Amico, president and executive director of the Pennsylvania Independent Oil & Gas Association, said the moratorium struck a blow against an industry that's already returned more than $700 million in revenue to the state in the last seven years. "This is a lose-lose for Pennsylvania's taxpayers and energy consumers," he said in a statement Thursday.
  • Dozens Recovering from Mexico City Hospital Blast

    01/30/2015 6:28:16 AM PST · by Citizen Zed · 6 replies
    cbn ^ | 1-30-2015
    More than 70 victims are recovering from their injuries after a massive explosion destroyed most of a maternity hospital in Mexico City Thursday. At least one adult and two babies were killed, and several more victims were left in critical condition due to the disaster caused by a powerful gas explosion. The blast collapsed about three-fourths of the hospital, and firefighters and emergency crews raced through rubble as nurses and moms carried crying infants from the wreckage. Operation Blessing was on the scene of the tragedy within moments to offer aid. An Operation Blessing worker lives in the neighborhood, and...
  • Upcoming Super Bowl will be first to be lit with energy-efficient LED lights

    01/30/2015 5:42:48 AM PST · by thackney · 80 replies
    Energy Information Administration ^ | JANUARY 30, 2015 | Energy Information Administration
    Before the start of the 2014 NFL regular season, University of Phoenix Stadium in Arizona, home to Super Bowl XLIX, retrofitted 312 high-performance light-emitting diode (LED) stadium light fixtures. The LED fixtures replaced more than 780 metal halide high-intensity discharge (HID) fixtures and will illuminate the field during the Super Bowl on February 1. University of Phoenix Stadium was the first stadium in the NFL to light its playing field using only LEDs. The new lights draw approximately 310 kilowatts of energy compared with the 1,240 kilowatts required by the old system, a savings of about 75%. Assuming an electricity...
  • Contributions of Horizontal Drilling and Hydraulic Fracturing to the USA Economy

    01/30/2015 5:37:01 AM PST · by thackney · 1 replies
    Oil Pro ^ | 1-29-2015 | Richard Goodwin
    Horizontal Drilling and Hydraulic Fracturing, represent technology developed in the 1980’s, are responsible for extracting Shale Gas and Shale Oil [Unconventional Liquid Hydrocarbons] from previously non-productive shale formations about one mile below the surface. As this technology was applied throughout the USA environmental upsets occurred (e.g. well water contamination in Weis County TX and Methane leaks in Dimrock PA. Recent peer review studies [Cornel, Stanford, Duke, Texas University, Penn State University and Ohio State University] have shown that these incidents could have been avoided by maintaining proper well integrity. State regulatory agencies now require adherence to industry standards, to ensure...
  • Gas Stations Urged To Secure Internet-Exposed Fuel Tank Devices

    01/30/2015 1:18:58 AM PST · by Citizen Zed · 8 replies
    Dark Reading ^ | 1-26-2015 | Kelly Jackson Higgins
    Some 5,800 automated tank gauges, which monitor for fuel leaks and other problems with the tanks as well as fuel levels, recently were found sitting wide open on the Internet without password protection, leaving more than 5,000 gas stations in the US vulnerable to attackers who could remotely alter the alarm thresholds to simulate a leak, disrupt the fuel tank operations, and worst-case, wreak havoc by shutting down the gas stations altogether, researchers say. Rapid 7 chief research officer HD Moore says his team scanned for the vulnerable devices after getting a heads up from Jack Chadowitz, president and CEO...
  • Tulsa's Helmerich & Payne to lay off 2,000, citing weak oil market

    01/30/2015 12:19:56 AM PST · by 2ndDivisionVet · 2 replies
    The Tulsa World ^ | January 30, 2015 | Sonya Colberg and Rod Walton
    Tulsa-based drilling rig maker and operator Helmerich & Payne Inc. expects to lay off 2,000 employees companywide, it announced Thursday during a conference call. The cuts, which are already beginning, are spurred by a reduction in rig use due to falling crude oil prices, CEO John Lindsay said during the earning call with analysts. Helmerich & Payne employs about 500 in Tulsa and nearly 12,000 companywide. The overall reduction is about 17 percent of the company’s total workforce. “This is without question the worst part of the downturn,” Lindsay said. Lindsay revealed the layoffs shortly after a company earnings report...
  • ConocoPhillips tells employees to expect layoffs

    01/30/2015 12:04:47 AM PST · by 2ndDivisionVet · 3 replies
    Fuel Fix ^ | January 29, 2015 | Robert Grattan
    HOUSTON — ConocoPhillips has told its employees layoffs could be on the way, as the independent producer looks to reign in spending amid lower crude prices. The layoffs and an accompanying pay freeze will supplement cost-control steps the Houston company has already taken, such as slashing its exploration and production budget, Daren Beaudo, a spokesman for ConocoPhillips, said in an emailed statement. The company did not detail how many workers would be let go or when the job cuts could take place. “As with our capital program we will be deferring, delaying or eliminating controllable costs where we can,” he...
  • BREAKING: Senate Approves Keystone Pipeline

    01/29/2015 11:17:33 PM PST · by 2ndDivisionVet · 34 replies
    The Hayride ^ | January 29, 2015 | John Binder
    The newly GOP-controlled US Senate has approved the Keystone XL Pipeline in a 62-36 vote, with three Democrats joining all 53 Republicans. However, the issue is far from over. Now the White House will be in an embroiled battle with the US Congress, as the Senate and House versions of the Keystone legislation must still be synchronized. The White House and liberal Democrats have been fighting the Keystone Pipeline for years now. Notable Democrats opposed to the energy project are Senate Minority Leader Harry Reid (D-NV) and Sen. Barbara Boxer (D-CA). Boxer told the AP that passing the Keystone Pipeline...
  • Senate passes bill approving Keystone XL oil pipeline

    01/29/2015 2:40:27 PM PST · by Kaslin · 16 replies
    Yahoo!News ^ | January 29, 2015 | DINA CAPPIELLO
    WASHINGTON (AP) — The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment. The 62-36 vote advanced a top priority of the newly empowered GOP, and marked the first time the Senate passed a bill authorizing the pipeline, despite numerous attempts to force President Barack Obama's hand on the issue. Nine Democrats joined with 53 Republicans to back the measure.
  • Senate approves Keystone bill, White House threatens veto

    01/29/2015 1:40:30 PM PST · by what's up · 23 replies
    Fox News ^ | January 29, 2014
    The U.S. Senate passed a bill Thursday approving the Keystone XL oil pipeline, setting up a looming veto showdown with the White House. The legislation passed on a 62-36 vote
  • After touching a longtime low, crude settles up 8 cents

    01/29/2015 12:11:44 PM PST · by C19fan · 4 replies
    Reuters ^ | January 29, 2015 | Staff
    U.S. crude turned positive on Thursday afternoon after earlier falling below $44 a barrel for the first time since April 2009, while benchmark Brent sharply pared early gains after data showing additions to already record-high U.S. oil inventories. Oil prices had risen broadly earlier in the session after preliminary U.S. weekly jobless claims data hit a nearly 15-year low, indicating further strength in the world's largest economy. But crude futures in New York were near a six-year low by midmorning after a report from oil services firm Genscape, which showed fresh builds of 1.6 million barrels at the Cushing, Oklahoma...
  • North Korea may be restarting nuke plant: US institute

    01/29/2015 11:18:42 AM PST · by TangledUpInBlue · 4 replies
    AP via Yahoo ^ | 1/29 | Foster Kulg
    North Korea may be attempting to restart its main nuclear bomb fuel reactor after a five-month shutdown, a U.S. research institute said Thursday. If true, the finding, which is based on recent commercial satellite imagery, will be an added worry for the United States and the North's neighbors at a time of increasing animosity over recent U.S. sanctions against the North and Pyongyang's fury about a U.N. push to punish its alleged human rights abuses. Activity at the 5-megawatt Nyongbyon reactor is closely watched because North Korea is thought to have a handful of crude nuclear bombs, part of its...
  • BREAKING: Keystone filibuster fails; pipeline poised for approval

    01/29/2015 11:21:16 AM PST · by Din Maker · 64 replies
    Washington Times ^ | January 29,2015
    The Keystone XL pipeline is closer than it’s ever been to approval after the Senate overcame a Democrat-led filibuster Thursday and was headed for a final passage vote later in the day — setting up an eventual showdown with President Obama, who has promised a veto. Nine Democrats bucked Mr. Obama’s threat and voted with 53 Republicans to approve the pipeline, which has taken on a political significance far beyond the 830,000 barrels per day of tar sands oil that it is projected to carry if it ever gets built. It marks the first major legislation to clear the Senate...
  • Opinion: The responsible investor’s guide to climate change

    01/29/2015 7:11:10 AM PST · by Oldeconomybuyer · 8 replies
    Market Watch ^ | January 29, 2015 | By Jeffrey D. Sachs and Lisa Sachs
    Around the world, institutional investors — including pension funds, insurance companies, philanthropic endowments, and universities — are grappling with the question of whether to divest from oil, gas, and coal companies. The reason, of course, is climate change: Unless fossil-fuel consumption is cut sharply — and phased out entirely by around 2070, in favor of zero-carbon energy such as solar power — the world will suffer unacceptable risks from human-induced global warming. How should responsible investors behave in the face of these unprecedented risks? American universities are on the front line of this debate, pushed by their students, who are...
  • Terence Corcoran: The Canadian economy: Nobody saw it coming

    01/29/2015 9:09:37 AM PST · by george76 · 23 replies
    Financial Post ^ | January 28, 2015 | | Terence Corcoran
    Sometimes it looks like the Canadian economy is unraveling like a giant surprise package right in the face of economists and the Bank of Canada. We’ve got big data revisions, shock bank rate cuts, a falling Canadian dollar. Through it all, nobody saw it coming. They didn’t see a thing. Statistics Canada’s labour force data are notoriously wonky and revision prone. Still, Wednesday’s revamp wiped out 50,000 jobs that economists had assumed had been created during 2014. In an economy with almost 20 million employed, the revisions are small, but they cast doubt on the state of the economy and...
  • LETTER: Do not support the Keystone Pipeline

    01/29/2015 7:52:55 AM PST · by Phillyred · 20 replies
    Springfield Sun ^ | Glenn Gawinowicz
    To the Editor: Congressmen Toomey, Casey and Meehan are touting the Keystone Pipeline (a pipe that would move dirty tar sands oil across the country from Canada to the Gulf Coast for export) as a jobs bill. But research shows that the Pipeline would only create mostly temporary jobs — around 3,000 jobs per month for about 12 to 18 months. And, after the Pipeline is completed, only around 35 to 50 permanent jobs will remain. As far as jobs bills go, that’s pretty anemic. Instead, our congressmen could create millions of good-paying, long-lasting American jobs (that can’t be outsourced)...
  • North Korea might be restarting nuke plant, US institute says

    01/29/2015 4:31:32 AM PST · by SoFloFreeper · 2 replies
    AP via Fox ^ | 1/29/15
    North Korea may be attempting to restart its main nuclear bomb fuel reactor after a five-month shutdown, a U.S. research institute said Thursday. If true, the finding, which is based on recent commercial satellite imagery, will be an added worry for the United States and the North's neighbors at a time of increasing animosity over recent U.S. sanctions against the North and Pyongyang's fury about a U.N. push to punish its alleged human rights abuses.
  • The Costs and Benefits of Wind Energy: Competing Groups Hold Forums

    01/29/2015 3:08:36 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/24/2015 | Anne Schieber
    After initially allowing Michigan Capitol Confidential to sit in and listen to its Michigan Wind Energy Forum in Lansing on Tuesday, the American Wind Energy Association changed its mind. Within five minutes, an association official grabbed Michigan Capitol Confidential’s camera and asked its reporter, Anne Schieber, to leave. Schieber was stationed in the back of the room, observing and recording for a potential news story. The association said Michigan Capitol Confidential was not credentialed. Peter Kelly, the association's vice president for public affairs, was asked where the credentialing process had been disclosed or what Michigan Capitol Confidential would have to...
  • Kinder Morgan says Freedom Pipeline project is gaining refiner interest

    01/28/2015 7:05:42 PM PST · by shove_it · 18 replies
    Reuters ^ | 28 Jan 2015 | KRISTEN HAYS
    (Reuters) - Kinder Morgan Inc's (KMI.N) proposed Freedom Pipeline, which would move West Texas crude oil to Southern California, is "getting more interest" from U.S. West Coast refiners, the head of the company's natural gas pipeline unit told analysts on Wednesday. Unit President Tom Martin said the company "may have a shot" at moving ahead with converting a natural gas pipeline to move crude and condensate to California "if we can get the refiners on board." The pipeline and logistics company first proposed the $2 billion project in 2012 but shelved it in May 2013 for lack of shipper interest....
  • Two utilities opt out of Cape Wind

    01/28/2015 4:36:04 PM PST · by grundle · 6 replies
    Boston Globe ^ | January 7, 2015 | Jim O’Sullivan
    The Cape Wind plan was dealt a major setback Tuesday when two power companies that had agreed to buy energy from the Nantucket Sound wind farm terminated their contracts with the developers, raising questions about the future of the $2.5 billion offshore project. National Grid and Northeast Utilities said Cape Wind had missed the Dec. 31 deadline contained in the 2012 contracts to obtain financing and begin construction, and chosen not to put up financial collateral to extend the deadline. NStar, a Northeast Utilities subsidiary, informed Cape Wind officials of its decision late Tuesday, officials said. “Unfortunately, Cape Wind has...
  • Oil tumbles; U.S. crude prices near six-year low on record stockpiles

    01/28/2015 5:10:53 PM PST · by Red in Blue PA · 31 replies
    NEW YORK (Reuters) - Oil slumped on Wednesday, with U.S. crude prices at near six-year lows, after the government reported record-high inventories in the United States that raised anxieties about the global oil glut that had pressured the market since last summer. The U.S. Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels last week to reach nearly 407 million, their highest since the government began keeping records in 1982.
  • Defense Against Demagogues

    01/28/2015 1:10:59 PM PST · by Kaslin
    Townhall.com ^ | January 28, 2015 | Walter E. Williams
    When gasoline sold at record prices, Sen. Bernie Sanders, I-Vt., said, "I think it's time to say to these people, 'Stop ripping off the American people.'" When the average price of regular gas was close to $4 a gallon, Sen. Chuck Schumer, D-N.Y., called for Congress to look into breaking up giant oil companies. The claim was that "Wall Street greed (was) fueling high gas prices." Today in some places, gasoline is selling for less than $2 a gallon, less than half of its peak price in 2008. The idiotic explanation that attributed high oil prices to greed might now...
  • Sasol delays $14B gas-to-liquids plant near Lake Charles during oil price slump

    01/28/2015 9:38:39 AM PST · by justlittleoleme · 8 replies
    NOLA.com | The Times-Picayune ^ | January 28, 2015 at 8:59 AM | Katherine Sayre,
    South African petrochemical company Sasol is delaying a decision on whether to move forward with a proposed $14 billion gas-to-liquids facility outside of Lake Charles, the company said Wednesday (Jan. 28). Sasol said the plans are being put on hold as the company saves cash in response to falling oil prices. The gas-to-liquids facility is part of a $21 billion planned complex in Westlake, one of the largest foreign investments in Louisiana history. "Albeit at a much slower pace, we will continue to progress the U.S. GTL facility," Sasol president and CEO David Constable said in a news release. "This...
  • Atlantic Offshore Oil and Gas Exploration May Soon Be a Reality

    01/27/2015 2:52:02 PM PST · by ThethoughtsofGreg
    American Legislator ^ | 1-27-15 | John Eick
    Big news today out of the Interior Department: much of the Atlantic coastline from Virginia to South Carolina will soon be opened up for oil and natural gas drilling. In 2010, Interior proposed opening parts of the Virginia coast to drilling, but pulled back after the Deepwater Horizon incident in the Gulf of Mexico. At the recent States and Nation Policy Summit this past December, ALEC’s Energy, Environment and Agriculture Task Force adopted a resolution calling upon the Obama Administration to expand access to additional offshore resources in its 2017-2022 Outer Continental Shelf (OCS) oil and natural gas leasing program...
  • Obama Visits Saudi King After Curbing Oil Expansion

    01/27/2015 9:59:25 AM PST · by raptor22 · 21 replies
    Investor's Business Dailt ^ | January 27, 2015 | IBD EDITORIALS
    Energy: While taking credit for increased oil and gas production on private and state lands, the president moves to put 12 million acres of the oil-rich Arctic National Wildlife Refuge off limits. OPEC and the Saudis are smiling. Whoever's in charge of presidential optics these days fits the classic definition of the blind leading the blind. It's bad enough that President Obama doesn't have time to get to Paris for a global protest against terrorism after the Charlie Hebdo attack but can meet and greet the San Antonio Spurs. But then he privately slams an invitation by Congress to Israeli...
  • Foreign Firm Funding U.S. Green Groups Tied to State-Owned Russian Oil Company

    01/27/2015 7:59:35 AM PST · by george76 · 29 replies
    Washington Free Beacon ^ | January 27, 2015 | Lachlan Markay
    Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons. A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle. One of those executives, Nicholas Hoskins, is a director at a hedge fund management firm that has invested heavily in Russian oil and gas. He is also senior counsel at the Bermudan law firm Wakefield Quin and the vice president...
  • Massachusetts Nuclear Reactor Shuts Down During Snowstorm

    01/27/2015 6:21:31 AM PST · by Oldeconomybuyer · 14 replies
    ABC News ^ | January 27, 2015
    PLYMOUTH, Mass. - Officials say a Massachusetts nuclear power plant was forced to shut down during the blizzard but there was no danger to the public. In a statement, officials at the Pilgrim nuclear power plant in Plymouth said it stopped operating in accordance with procedure after distribution lines that send power from the plant to the electric grid became inoperable because of the weather. The plant said safety systems worked as designed and there was no threat to plant workers or the public.
  • The most important thing to understand about the coming oil production cutbacks

    01/27/2015 4:42:52 AM PST · by thackney · 25 replies
    Resource Insights ^ | JANUARY 25, 2015 | KURT COBB
    What the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," and "cancellations" are words one sees in headlines concerning the oil industry every day. That can only mean one thing in the long run: less supply later on than would otherwise have been the case. But perhaps the most important thing you need to understand about the coming oil production cutbacks is where they are going to come from, namely Canada and the United States. Why is this important? For one very simple reason. Without growth in production from these two countries,...
  • U.S. Oil Well Shut-ins Start as Crude Rout Batters Small Producers

    01/27/2015 12:48:03 AM PST · by Up Yours Marxists · 27 replies
    Reuters ^ | January 27, 2015 06:16 GMT | Terry Wade and Anna Driver
    (Reuters) - Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more than half over the last six months from more than $100 per barrel, the U.S. oil industry responded by slowing its blistering growth and dialing back expansion plans. Now, with U.S. crude around $46 a barrel, operators are already closing some small old wells, known as strippers, and tens of thousands of similar wells are on the verge of...
  • Things Are Bad In Texas: Crash in oil prices is weighing on economy.

    01/26/2015 8:14:04 AM PST · by SeekAndFind · 74 replies
    Business Insider ^ | 01/26/2015 | Myles Udland
    The crash in oil prices is weighing on Texas' economy. The January Texas manufacturing survey from the Dallas Fed was a huge miss, with the general business activity reading coming in at -4.4. Expectations were for the composite index to come in at 3.0, down from 4.1 in December. Factory activity in the region was flat in January. The big takeaway, however, is that as with last month, numerous business executives expressed concerns over how the crash in crude oil prices would affect results.
  • Falling Gas Tax Revenue Has California Lawmakers Considering Mileage Tax Plan

    01/26/2015 10:47:33 AM PST · by C19fan · 64 replies
    CBS SF Bay Area ^ | January 25, 2015 | Staff
    With an increase in electric and hybrid vehicles along with better fuel-efficient vehicles, changing Bay Area drivers habit are posing a serious problem for state coffers. As motorists use less and less gas, gas tax revenues to pay for state highways, roads and bridges shrink. Meanwhile, as gas prices fall, so does the sales tax generated by fuel sales. In California, among the taxes collected on fuel is a 2.25% sales tax on gasoline and a 9.67 percent tax on diesel.
  • Renewable Energy Advocate Falsely Claims Industry is not Supported by Taxpayer Dollars

    01/26/2015 10:47:22 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/23/2015 | Tom Gantert
    An advocate of renewable energy claimed in a recent Detroit News op-ed that Michigan does not subsidize "clean energy." Dan Scripps, president of an industry trade association called the Michigan Energy Innovation Business Council, wrote: “It is important to clear up another point: Michigan does not subsidize renewable energy. Clean energy, including wind and solar, receives no subsidies from the state of Michigan.” The claim is contradicted by several sources. Research from the “North Carolina Clean Energy Technology Center” tracks financial "incentives" that promote renewable energy offered by local, state and federal municipalities as well as utilities. According to the...
  • Obama Films Anti-Oil Drilling Video - From a Jet

    01/26/2015 7:23:11 AM PST · by SoFloFreeper · 5 replies
    BREITBART ^ | 1/25/15 | Winton Hall
    .... Obama released an anti-oil drilling environmental video shot aboard Air Force One–an aircraft that has a 53,611 gallon fuel capacity.
  • A Fresh Angle: Taking on 'Big Wind' With Competition

    01/26/2015 7:18:55 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/22/2015 | Jack Spencer
    Cal Peters retired from the Michigan Department of Environmental Quality in 2013 after being employed as an investigator with the Air Quality Division for 33 years. In 2014, when the state of Ohio enacted significant reforms to its “Renewable Portfolio Standard (RPS),” or renewable energy mandate, Peters observed, and to an extent participated, with a unique perspective. Mindful that the Michigan Legislature is preparing to review its RPS this year, Michigan Capitol Confidential interviewed Peters on Jan. 8. The following are excerpts from that interview. Q: You have said that you followed the changes Ohio made regarding its renewable energy...
  • Federal gas tax increase needed for roads, bridges and highways

    01/25/2015 11:12:00 PM PST · by Tolerance Sucks Rocks · 50 replies
    The Contra Costa Times ^ | January 24, 2015 | Contra Costa Times
    The president was a conservative's conservative. He had campaigned on reducing taxes and made it his legacy. But when a gas tax increase was proposed, it was a different story. In his weekly radio address, he said, "We simply cannot allow this magnificent (highway) system to deteriorate beyond repair." That was 1982. The president was Ronald Reagan. Unfortunately, the disrepair Reagan feared has come to pass. The federal gas tax of 18.4 cents hasn't been raised since 1993, and the Highway Trust Fund is severely underfunded. A 10- to 15-cent a gallon increase would provide enough money to meet the...
  • Former Shell President Hofmeister Sees Oil at $80 by the Summer

    01/25/2015 10:49:41 PM PST · by Citizen Zed · 9 replies
    The Street ^ | 1-22-2015 | Michelle Rama-Poccia
    When a massive truck slams on the brakes to avoid a crash, it takes awhile for it to get back up to highway speed again. That, in essence, is the problem oil companies will face when they want to increase production if supplies start to fall short. The selloff in crude oil has put drilling on hold. Unless more drilling resumes soon, a surplus of 1 million barrels a day will be exhausted. John Hofmeister, a former president at Royal Dutch Shell , predicts that will happen by the summer and will send prices up to $80 a barrel. "When that cost correction...
  • No fracking? Then no bonds, New Mexico bill says

    01/25/2015 8:06:46 PM PST · by CedarDave · 16 replies
    New Mexico Watchdog ^ | January 23, 2015 | Rob Nikolewski
    SANTA FE, N.M. — New Mexico receives about $2 billion a year in direct revenue from oil and gas production through severance taxes, property taxes and royalty and rental income. At the same time, a number of communities in the state have passed ordinances restricting oil and gas development. Now, as lawmakers start their 60-day legislative session, here comes a bill that’s sure to spark plenty of arguments. A state senator has introduced legislation that would strip severance tax bonds from communities that impose 25 percent or more in costs to mining as well as oil and natural gas production....
  • The Weekend Is Over And Crude Oil Is Getting Smoked Again ($44.45)

    01/25/2015 5:10:15 PM PST · by blam · 51 replies
    BI ^ | 1-25-2015 | Myles Udland
    Myles UdlandJanuary 25, 2015 Good evening! The weekend is over in New York and near 7:05 pm ET, the price of West Texas Intermediate crude oil was down another 2.5% to $44.45 a barrel.(snip)(snip)
  • I’m Linda, Fly Me ( Tom Daschle: Ambitions grounded by his wife’s baggage)

    01/17/2003 2:47:51 AM PST · by KQQL · 188 replies · 1,401+ views
    laweekly ^ | 01/17/2003 | by Doug Ireland
    The real reason Tom Daschle didn’t run for president. The national press corps didn’t bother to tell you why Tom Daschle, the Democrats’ Senate leader, decided at the 11th hour not to run for president: In the end, he calculated that he couldn’t survive scrutiny of his persistent service to the clients of his wife. Linda Daschle has been one of the airline industry’s top lobbyists for two decades — when she wasn’t busy running the Federal Aviation Administration (FAA), which explains why, just 11 days after the 9/11 attacks, her husband rushed through the Democratic Senate, which he controlled,...
  • Obama Proposes to Make ANWR a Wilderness

    01/25/2015 10:18:39 AM PST · by kristinn · 35 replies
    McClatchy ^ | Sunday, January 25, 2015 | Sean Cockerham
    The White House is proposing to designate the oil-rich coastal plain of the Arctic National Wildlife Refuge as wilderness permanently off limits to drilling. The proposal sets up a showdown with Alaska Republican Sen. Lisa Murkowski, chair of the Senate Energy and Natural Resources Committee, who said the White House also intends to put much of the Arctic Ocean off limits to drilling in the new five-year offshore leasing plan to be released this week. SNIP Obama’s proposal to designate 12.3 million acres of the Arctic National Wildlife Refuge as wilderness would require Congressional approval, and there is no chance...
  • ANWR: America's Untapped Resource

    03/27/2003 8:30:26 AM PST · by Stand Watch Listen · 6 replies · 633+ views
    CNSNews.com ^ | March 27, 2003 | Paul M. Weyrich
    America's greens chalked up a `victory' when the United States Senate voted last week to omit funding for oil drilling in the Arctic National Wildlife Refuge from the fiscal year 2004 budget. Not surprisingly, the Sierra Club's national office trumpeted the vote as one "to protect this spectacular (Alaskan) landscape." And it also claims with a straight face to favor reducing our dependence on foreign oil. We both agree on the last point. But the Sierra Club sees your SUV and its thirst for gas as the problem in our achieving that important goal. This powerful green lobby pushes...
  • Troll fest: Obama administration now picking a fight with Republicans over Alaska drilling

    01/25/2015 11:53:09 AM PST · by SeekAndFind · 27 replies
    Hotair ^ | 01/25/2015 | NOAH ROTHMAN
    The White HouseÂ’s Troll Fest, 2015 continues apace. In fact, if you are getting the impression by now that the Obama administration has no higher priority than provoking fights with Republicans, youÂ’re probably right. On Sunday, the White House leaked a proposal to The Washington Post in which the administration revealed plans to make the 1.4 million-acre Arctic National Wildlife Refuge (ANWR) and parts of the Arctic Ocean off limits to drilling. Some of this can be accomplished via new regulations administered by the Department of the Interior, but not entirely. They have also proposed additional restrictions on oil...
  • Texas, the ‘great American job machine,’ is responsible for the +1.2M net US job increase since 2007

    01/25/2015 12:01:27 PM PST · by SeekAndFind · 18 replies
    AEI ^ | 01/23/2015 | Mark J. Perry
    The Texas Workforce Commission released state employment data today for the month of December, and job growth in the Lone Star State continues to lead, and in fact carry the nation’s improving labor market as the chart above shows. Here are some highlights of the December employment report for Texas:1. Texas ended the year with the state’s largest ever year-over-year payroll gain with the eye-popping addition of 457,900 new jobs between December 2013 and December 2014. That’s more than 1,700 new payroll jobs that were added every business day last year in the Lone Star State, and 220 new jobs...
  • Obama Seeks to Name Potentially Oil-Rich Part of Alaska Protected 'Wilderness'

    01/25/2015 11:20:14 AM PST · by jazusamo · 36 replies
    CNSNews ^ | January 25, 2015 | AP
    WASHINGTON (AP) — President Barack Obama is boosting protection of Alaska's Arctic National Wildlife Refuge and will ask Congress to designate more than 12 million acres as a wilderness area, including its potentially oil-rich Coastal Plain. The designation would seal off the area in Alaska's northeast corner from oil exploration and give it the highest degree of federal protection available to public lands. Obama and the Interior Department announced the effort Sunday.
  • Oil, Gas Salary Adjustments Amid Oil Price Decline

    01/25/2015 8:12:38 AM PST · by thackney · 18 replies
    Rig Zone ^ | January 23, 2015 | Gene Lockard
    As many energy industry companies revise their capital expenditures downward for 2015 amid the steep drop in crude oil values, they are making a variety of decisions with regard to worker compensation, according to Aon Hewitt, a global human resource company that tracks corporate performance, reward and talent. The slide in crude oil prices picked up speed late in 2014, about the time that financial decisions for 2015 were being made. As prices continued to dip, many companies within the industry revisited the budgeting process early in the new year in light of the current reality of sub-$50/barrel crude oil....