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Keyword: energy

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  • Argentina Is On The Cusp Of A Shale Boom

    02/16/2018 11:05:04 AM PST · by nickcarraway · 15 replies
    OILPRICE ^ | Feb 15, 2018 | Matthew Smith
    The end of the Peronist hold on Argentine politics and rise of pro-business president Mauricio Macri has heralded in a new age for what was long regarded as one of the most economically unstable nations in Latin America. The former Buenos Aires mayor and businessman won the presidency in 2015, ousting his mercurial populist Peronist predecessor Cristina Fernández de Kirchner. Since coming to power, Macri has worked to restructure a shattered economy ruined by decades of market warping tariffs and subsidies, protectionism, heavy handed regulation, rampant inflation and unsustainable fiscal policies. The center-right president has been able to achieve what...
  • Trump Admin Announces Largest Oil And Gas Lease Sale In U.S. History

    02/16/2018 8:28:46 PM PST · by Rabin · 28 replies
    Oilprice.com ^ | Oct 24, 2017 | Zainab Calcuttawala -Scott Angelle
    The U.S. Department of the Interior will offer offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development //snipp// This will be the largest such lease sale in the country's history, it will include almost 77 million acres of federal waters in the Gulf. The lease sale will be live streamed online from New Orleans.
  • After Irma, new energy for Interstate 75 relief

    02/16/2018 5:09:16 PM PST · by Tolerance Sucks Rocks · 4 replies
    The Fresno Bee ^ | February 16, 2018 | Cindy Swirko, Ocala Star Banner
    OCALA, Fla. In mid-2016, a regional task force that spent almost two years exploring ways to improve safety on a crowded Interstate 75 decided to take a conservative approach: make changes to the highway rather than build or expand other roads. Then Hurricane Imra blew into Florida and thousands of people trying to flee its path got stuck, many of them in Ocala and points north and south. Now, a new road with a potential route through Marion and Alachua counties may be back on the table, if not exactly speeding ahead. "I think they are going to do it...
  • Poll portends tough sledding for California gas tax increase

    02/16/2018 8:06:37 AM PST · by 11th_VA · 25 replies
    bondbuyer.com ^ | February 16 2018 | By Keeley Webster
    The recent gas tax hike in California enacted to fund transportation projects could face tough sledding in the face of a repeal effort. Likely voters were nearly evenly split on the issue with 47% saying they favor repeal, while 48% said they oppose it, in a poll released Feb. 7 by the Public Policy Institute of California. The creator of the initiative to repeal a gas tax hike and vehicle fee increase approved by the state legislature last year to support transportation projects said signature gathering efforts are right on track. (You need to pay if you want to know...
  • Leaders unsure of infrastructure impact on Valley

    02/15/2018 10:08:30 PM PST · by Tolerance Sucks Rocks · 4 replies
    The Waynesboro News Virginian ^ | February 12, 2018 | Bob Stuart
    WAYNESBORO — President Trump's national infrastructure plan announced Monday that calls for a $1.5 trillion investment in roads, bridges and the rest of America's crumbling infrastructure, provides for about $200 billion in federal funds. The remainder of dollars would have to come from state, local and private sources. For the Shenandoah Valley, the good infrastructure plan news includes funding to help with the maintenance backlog in the national parks, including Shenandoah National Park, where there is a $56 million maintenance backlog. However, a couple of local government officials and one of Virginia's U.S. senators interviewed expressed doubt about the trickle...
  • Obama Said We Can't Drill Our Way To Energy Independence. Actually, We Did.

    02/15/2018 6:01:03 PM PST · by MarvinStinson · 49 replies
    American Thinker ^ | February 15, 2018 | Gregory Winkeleer
    "We are running out of oil," US political leaders told us. "We can't compete with OPEC. We can't drill our way out of this." In 2012, no less an authority than Barack Obama said that increased production by increased drilling – "drill, baby, drill," he called it – was not a plan, but rather "a bumper sticker." Obama assured, "We can't just drill our way to lower gas prices." But widely unreported during the Obama years is that advances in two technologies most responsible for increased drilling efficiency – industrial fracturing (aka fracking) and horizontal drilling – were creating a...
  • Ex-Enemies, Evangelicals and a Soccer Star: Top Mexican Candidate’s New Allies

    02/14/2018 8:24:17 AM PST · by Red Badger · 12 replies
    www.wsj.com ^ | Feb. 14, 2018 6:00 a.m. ET | By Juan Montes
    Leading presidential hopeful López Obrador seeks to broaden his appeal and soften his reputation as a hot-headed populist _________________________________________________________ MEXICO CITY—Andrés Manuel López Obrador, a nationalist who built his career blocking oil wells and railing against the political elite, is trying a third time to achieve what he failed to do twice before: win the Mexican presidency. The 64-year-old leftist candidate is leading in the polls ahead of the July 1 election after trying to reinvent himself with a new party, unlikely allies and as a champion of national unity who doesn’t threaten Mexico’s traditional economic powers. Although once a...
  • Shock Poll: GOP Now Leads On Generic Ballot

    02/14/2018 6:15:51 AM PST · by mandaladon · 40 replies
    Hot Air ^ | 14 Feb 2018
    Fully 39 percent of registered voters say they would support the GOP candidate for Congress in their district, while 38 percent would back the Democratic candidate. Nearly a quarter of voters, 23 percent, are undecided. Voters are split almost evenly along party lines. Democratic voters break for their party, 85 percent to 5 percent, while Republicans similarly favor the GOP, 84 percent to 8 percent. Among independent voters, 26 percent would vote for the Democrat, 25 percent for the Republican and nearly half, 49 percent, are undecided. The GOP’s 1-point advantage comes after three months of tracking in which Democrats...
  • ‘I’m Just More Afraid of Climate Change Than I Am of Prison’

    02/13/2018 8:19:57 AM PST · by Oldeconomybuyer · 73 replies
    The New York Times ^ | February 13, 2018 | By MICHELLE NIJHUIS
    On Oct. 11, 2016, Michael Foster and two companions rose before dawn, left their budget hotel in Grand Forks, N.D., and drove a white rental sedan toward the Canadian border, diligently minding the speed limit. As the driver, Sam Jessup, and a documentary filmmaker, Deia Schlosberg, recorded events from the back seat. For months, he’d imagined his next actions: He would snip the padlock that secured the gate and approach the blunt length of vertical pipe in the center of the enclosure — the stem of a shut-off valve for the 2,700-mile-long Keystone Pipeline. What neither the sheriff’s department nor...
  • Democrats on Wrong Side of Economic Revival

    02/12/2018 5:02:36 PM PST · by Kaslin · 13 replies
    Rush Limbaugh.com ^ | February 12, 2018 | Rush Limbaugh
    RUSH: Here’s Chuck You Schumer. And Chuck You was in Louisville at the University of Louisville, and he spoke a Q&A period after his remarks. It was this morning. And a member of the audience said, “There’s been talk of a blue wave of Democrats winning seats in the midterms. If this is to happen, what are the biggest obstacles that Democrats must overcome in order to win big in November?” SCHUMER: People will make their own decisions about Donald Trump. Our mistake, I think, you cannot just run against Donald Trump. And it is the job of we Democrats...
  • How Soaring US Oil Exports to China are Transforming the Global Oil Game

    02/10/2018 10:43:27 AM PST · by Oatka · 34 replies
    Reuters via gCaptain ^ | 02/09/2018 | Henning Gloystein
    [Reuters] Bit by bit, the U.S. petroleum industry is turning world oil markets inside out. First, sharp drops in U.S. imports of crude oil eroded the biggest market that producers like OPEC had relied on for many years. Now, surging U.S. exports – largely banned by Washington until just two years ago – challenge the last region OPEC dominates: Asia.
  • Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs

    02/09/2018 10:20:16 AM PST · by bananaman22 · 31 replies
    Oilprice.com ^ | 02-09-2018 | Juli
    As if the recent nosedive that oil prices have taken in the last few days wasn’t bad enough—Baker Hughes reported a staggering increase to the number of rigs. The number of active oil and gas rigs increased by 29 to Baker Hughes data. This brings the total number of oil and gas rigs to 975, which is an addition of 234 rigs year over year.
  • Hopis, Navajos say they’ll suffer if coal-fired plant closes

    02/08/2018 10:35:47 AM PST · by CedarDave · 44 replies
    The Albuquerque Journal ^ | February 6, 2018 | ABQ Journal/AP
    PHOENIX — Hopis and Navajos who work at a coal mine near the Arizona-Utah border said Tuesday their family lives and earning power will suffer greatly if the power plant fed by the mine is shuttered as planned. The Navajo Generating Station in Page is set to close at the end of 2019 unless a new owner can be found. That’s considered a long-shot, but the company that owns the supply mine says it has identified investors interested in one of the largest coal plants in the West. More than 200 workers, their family members and supporters in blue T-shirts,...
  • California says will block crude oil from Trump offshore drilling plan

    02/07/2018 5:20:35 PM PST · by Repeal 16-17 · 85 replies
    Reuters ^ | February 7, 2018 | Sharon Bernstein
    California will block the transportation through its state of petroleum from new offshore oil rigs, officials told Reuters on Wednesday, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters.
  • Jordan’s King Sees a Possible ‘Lack of Understanding of Islam’ in Washington

    02/06/2018 2:46:46 AM PST · by Olog-hai · 55 replies
    Cybercast News Service ^ | February 6, 2018 | 4:30 AM EST | Patrick Goodenough
    Islam is “not a religion of hate,” Jordan’s King Abdullah said in a recent interview, arguing that there was perhaps a “lack of understanding” of the religion in Washington. CNN’s Fareed Zakaria asked Abdullah — in an interview filmed in Davos last month but aired on Sunday — about President Trump’s stated view during the 2016 election campaign that “I think Islam hates us.” “By ‘us,’ I think he meant America,” Zakaria said. “In your conversations with President Trump, have you tried to persuade him that that was not the case?” “Absolutely, to all Americans,” Abdullah replied. “And whether I’m...
  • Nominee who called belief in Climate Change "A Kind of Paganism" dropped by WH

    02/05/2018 12:29:52 PM PST · by GoldenState_Rose · 37 replies
    CNN ^ | Feb 4, 2018 | Veronica Stracqualursi
    The White House plans to withdraw Kathleen Hartnett White's nomination to head the Council on Environmental Quality, a White House official confirmed to CNN Saturday. Hartnett White, who would have overseen environmental and energy policies across the government, had described the belief in "global warming" as a "kind of paganism" for "secular elites" during a September 2016 interview on "The Right Perspective," an online conservative radio show. She has also said the goal of climate activists and the United Nations was an all-powerful, one-world government and "planetary management," KFile reported. President Donald Trump announced Hartnett White's nomination in October and...
  • If The White House Isn't Careful, These Two Big Things Will Kill The Improving Economy

    02/05/2018 9:44:53 AM PST · by SeekAndFind · 22 replies
    Forbes ^ | 02/05/2018 | Steve Forbes
    TWO BIG THINGS threaten the improving U.S. economy: a weak dollar and trade protectionism. Both routinely seduce policymakers, and both always result in bitter aftermaths with terrible political consequences. Yet some in the Trump administration are playing with both--and with fire. 1) The dollar. Great nations do not have weak currencies. Nonetheless, with a surety born of ignorance, Treasury secretary Steven Mnuchin has bluntly stated his desire for a weak dollar. Thankfully, President Trump immediately contradicted him. But the fact that Mnuchin and his department want to undermine the value of our currency is troubling. Mnuchin has bought into the...
  • Republican congressman says feds should nearly DOUBLE gasoline tax

    02/02/2018 1:12:19 AM PST · by Tolerance Sucks Rocks · 67 replies
    The Daily Mail ^ | February 1, 2018 | David Martosko
    A Republican congressman says the U.S. government should significantly raise the gas tax in order to fund President Donald Trump's ambitious infrastructure plan. Rep. Bill Shuster of Pennsylvania told Bloomberg TV that the tax should be increased by 15 cents per gallon of gasoline. The current rate is 18.4 cents, and hasn't seen a hike since 1993. Shuster said Thursday at a Republican congressional retreat in West Virginia that for the average American, a 15-cent increase would equal the cost of 'a cup of coffee a week that they might have to forgo.' 'Or if you're a Starbucks person, half...
  • Fire Bell in the Night for the Ayatollah

    01/04/2018 9:17:31 PM PST · by Oshkalaboomboom · 5 replies
    Townhall.com ^ | Jan 05, 2018 | Pat Buchanan
    As tens of thousands marched in the streets of Tehran on Wednesday in support of the regime, the head of the Revolutionary Guard Corps assured Iranians the "sedition" had been defeated. Maj. Gen. Mohammad Ali Jafari is whistling past the graveyard. The protests that broke out a week ago and spread and became riots are a fire bell in the night for the Islamic Republic. The protesters denounced President Hassan Rouhani, re-elected last year with 57 percent of the vote, for failing to curb inflation or deliver the benefits he promised when Iran signed the nuclear deal. Supreme Leader Ayatollah...
  • OCS Leasing Benefits America

    02/03/2018 6:18:55 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | February 3, 2018 | Paul Driessen
    Under the current offshore energy program developed during the Obama years, 94% of the nation’s Outer Continental Shelf (OCS) is off limits to leasing and drilling. Under the Draft Proposed Program (DPP) announced January 4 by Secretary of the Interior Ryan Zinke, over 90% of OCS acreage and 98% of “undiscovered, technically recoverable oil and gas resources” in these federal offshore areas (beyond the 3-mile limit of state waters) will be considered for possible future leasing, exploration and development.The Trump-Zinke plan proposes the largest number of lease sales in US history: 19 off Alaska, 7 in the Pacific, 9 in...