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Keyword: energy

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  • Smoggy thinking on pollution

    05/06/2015 7:15:40 AM PDT · by rktman · 3 replies ^ | 5/6/2015 | Viv Forbes
    The war on hydrocarbon fuels is based on two feeble legs – “it causes global warming, and it creates pollution.” 

Both legs are unsound, especially the pollution claims. 

No sensible person approves of pollution of air, water, land, or public places by humans.

 Have a look at some real pollution.
 But no pollution whatsoever is caused by the main product of the combustion of hydrocarbons, carbon dioxide. This is a colorless, non-toxic gas of life on which all plants (and animals) depend.

 In these days of carbon neurosis, coal power gets blamed for all bad things, even the Asian Smog.
  • 25 Years Of Predicting The Global Warming Tipping Point

    05/06/2015 5:49:47 AM PDT · by thackney · 7 replies
    Daily Caller ^ | 05/04/2015 | Michael Bastasch
    For decades now, those concerned about global warming have been predicting the so-called tipping point the point beyond which itll be too late to stave off catastrophic global warming. It seems like every year the tipping point is close to being reached, and that the world must get rid of fossil fuels to save the planet. That is, until weve passed that deadline and the next such tipping point is predicted. Would you believe it was eight years ago today that the United Nations predicted we only had as little as eight years left to avoid a dangerous global...
  • Panama officials at OTC say expanded canal could be a gateway to LNG business

    05/06/2015 5:17:28 AM PDT · by thackney · 6 replies
    Fuel Fix ^ | May 5, 2015 | Robert Grattan
    HOUSTON Panama is well positioned to serve as a distribution hub for the liquefied natural gas that will power Central America in the future, the countrys officials told attendees at Houstons Offshore Technology Conference on Tuesday morning. The biggest advantage the country has is its namesake canal, an overseas shortcut linking the Atlantic and Pacific Oceans, panelists said at the breakfast talk. The canal is currently too small to handle LNG tankers, but a multi-billion dollar expansion is in the works that will allow all but the largest gas-carrying ships to pass. The massive construction project was interrupted by...
  • Dow Chemical: New technology is helping oil companies recycle all of that fracking waste water

    05/06/2015 5:14:21 AM PDT · by thackney · 5 replies
    Fuel Fix ^ | May 5, 2015 | Rhiannon Meyers
    Full Title Dow Chemical at OTC: New technology is helping oil companies recycle all of that fracking waste water HOUSTON Facing environmental pressures and escalating costs, more oil companies are recycling and reusing the vast amounts of water used during hydraulic fracturing operations rather than hauling the liquid off to get injected underground. New technological advances have allowed oil companies to more easily convert drilling waste water to get reused in the oil patch, said Larry Ryan, president of Dow Chemicals energy and water solutions business in an interview with Fuel Fix at the companys booth at the Offshore...
  • Seattle ruling wont derail Shells Arctic quest, executive vows

    05/06/2015 4:55:08 AM PDT · by thackney · 13 replies
    Fuel Fix ^ | May 5, 2015 | Jennifer A. Dlouhy
    A ruling by the city of Seattle may throw a wrench into Shell’s Arctic drilling plans, but it won’t delay the company’s plans to bore two new wells in the Chukchi Sea this summer, a top executive vowed Tuesday. Although “it’s not my preferred approach . . . we have backup plans,” said Ann Pickard, Royal Dutch Shell’s executive vice president for the Arctic. “I don’t think this will delay the program.” At issue is Seattle Mayor Ed Murray’s ruling this week that the city port must obtain a new land-use permit to serve as a home base for Shell’s...
  • 2 workers dead, 10 hurt in Mexico oil rig accident

    05/06/2015 4:41:50 AM PDT · by thackney · 5 replies
    Fuel Fix ^ | May 5, 2015 | Associated Press
    An accident on an oil well-maintenance platform killed two workers and injured 10 off Mexicos coast on Tuesday, company officials reported, blaming the incident on the collapse of one of the rigs legs. State oil company Petroleos Mexicanos, or Pemex, said the Troll Solution rig was maneuvering to perform offshore maintenance at the time of the accident in the Bay of Campeche, in the Gulf of Mexico. Pemex blamed a structural failure in the leg. The rig was listing but had not sunk, the company said via Twitter.
  • In flood of subsea tools, shale-busting tech draws eyes at OTC

    05/06/2015 4:25:37 AM PDT · by thackney · 5 replies
    Fuel Fix ^ | MAY 5, 2015 | Collin Eaton
    HOUSTON High-horsepower pumps and big hydraulic fracturing trucks, the primary tools used to bust open U.S. shale rock, have carved out parking spaces of their own at the Offshore Technology Conference. Theyre an attraction for foreign onlookers interested in the technology that brought a rush of American oil to market. But more and more, theyre a jumping off point for oil producers looking to break open hard sandstone reservoirs found in deeper offshore fields, like at Chevrons Jack/St. Malo project in the Gulf of Mexico. Offshore producers have fractured conventional wells for decades, but advances in the landlocked U.S....
  • Nikola Labs Launches iPhone 6 Case Which Harvests Electricity From The Air

    05/05/2015 9:22:50 AM PDT · by Swordmaker · 19 replies
    TechCrunch ^ | May 5, 2015 | by Mike Butcher
    Pull Battery Power Out of Thin Air with Nikola Labs Nikola Tesla pioneered the transmission of electricity over wires. Heinrich Hertz proved it could be transmitted wirelessly. But we still use 19th centre technology to power 21st century devices. Nikola Labs which pitched today on stage after being selected by TechCrunch editorial team and the audience as the Wild Card choice from Startup Alley launched a device that converts radio frequencies into DC power, and, they claim, can therefore power devices. Today they launched their first product using the technology: a case for an iPhone 6. It converts...
  • Garfield County officials: BLM sage-grouse plans take turn for worse ( Colorado and )

    05/05/2015 9:34:50 AM PDT · by george76 · 7 replies
    Grand Junction Sentinel ^ | May 4, 2015 | Dennis Webb
    Garfield County officials said Monday the Bureau of Land Management is considering even-stricter measures to protect greater sage-grouse than previously contemplated, rather than listening to concerns the county and others have raised. As a cooperating agency, the county got an advance look Friday at the revised proposal the agency is now considering. It is very dramatic in terms of the changes (from a draft BLM proposal) that are being proposed, Fred Jarman, the countys community development director, told county commissioners Monday. Jarman and Garfield Commissioner Tom Jankovsky said the proposed measures are the result of directives coming from Washington, D.C....
  • Crude by rail accounts for more than half of East Coast refinery supply in February

    05/05/2015 5:08:33 AM PDT · by thackney · 11 replies
    Energy Information Administration ^ | MAY 5, 2015 | Energy Information Administration
    Monthly rail receipts of crude oil accounted for more than half (52%) of the crude oil supply to East Coast refineries in February. As U.S. and Canadian production of crude oil has increased, crude supply by rail to East Coast (PADD 1) refineries has grown, displacing waterborne imports of crude oil from countries other than Canada, such as Nigeria. While refinery utilization in Petroleum Administration for Defense District (PADD) 1 in early 2015 has been below typical levels, this still marks the first time in EIA's dataset that crude deliveries by rail have accounted for such a high percentage of...
  • Fallout of Energy-Price Crash Spreads to Towns Far From the Oil Fields

    05/05/2015 5:00:14 AM PDT · by thackney · 8 replies
    Wall Street Journal ^ | May 4, 2015 | ALISTAIR MACDONALD
    Glen Hann and his wife traveled from Newfoundland to western Canadas oil fields eight winters in a row, returning to this former fishing town in the spring with income they could never hope to earn closer to home. Then, this past December, Mr. Hanns employers told him to stay home. Mr. Hann is among the thousands of Newfoundlanders who have traveled west over the past decade to work in Canadas booming oil sands, a trek that has become one of North Americas longest commutes and has supported communities in some of Canadas poorest eastern provinces. Now, falling oil prices are...
  • Feds Will Regulate Christmas Lights

    05/05/2015 4:28:33 AM PDT · by markomalley · 25 replies
    Washington Free Beacon ^ | 5/5/2015 | Elizabeth Harrington
    The Consumer Product Safety Commission (CPSC) issued a regulation for Christmas lights on Monday, deeming some holiday decorations a substantial product hazard.The Consumer Product Safety Commission is issuing a final rule to specify that seasonal and decorative lighting products that do not contain any one of three readily observable characteristics (minimum wire size, sufficient strain relief, or overcurrent protection), as addressed in a voluntary standard, are deemed a substantial product hazard under the Consumer Product Safety Act (CPSA), the final rule said.The ruling applies to a variety of Christmas decorations, including stars, wreathes, candles without shades, light sculptures, blow-molded...
  • Here's why a major hedge fund is betting oil prices will rise

    05/05/2015 4:35:05 AM PDT · by thackney · 24 replies
    Calgary Herald ^ | May 4, 2015 | pdtechintegration
    The meteoric rise in U.S. oil production has ended, easing a global glut and driving a rebound in crude prices from below $50 a barrel, according to crude trader and hedge fund manager Andrew J. Hall. We have now reached a turning point, Hall said in a letter Friday to investors in Astenbeck Capital Management LLC, his commodities hedge fund. Growing demand and supply pullbacks rendered all the doomsday forecasts self-defeating. Oil production from Texas to North Dakota peaked at almost 10 million barrels a day in February and has been falling since then, Hall wrote. A drastic reduction in...
  • Beneath Antarctica, a wonderland of oil awaits exploitation

    05/04/2015 5:51:20 PM PDT · by 2ndDivisionVet · 9 replies
    Hot Air ^ | May 4, 2015 | Noah Rothman
    A report in The New York Times published on Monday revealed that the Chinese are aggressively engaged in securing the countrys energy future overseas. The Peoples Republic is courting Latin American governments, securing its ties to African strongmen, is building up a military presence in the South China Sea, and has sent hundreds of advisors to the Caribbean; all in pursuit of energy security. One of the PRCs latest targets is the frozen continent of Antarctica, where an international accord reached in 1959 prohibits mining and military activity. But [Chinese President Xi Jinpings visit to a south Australian port last...
  • Seattle Mayor Tackles Shells Arctic Plans

    05/04/2015 4:20:05 PM PDT · by artichokegrower · 26 replies
    gCaptain ^ | May 4, 2015 | Timothy Gardner
    Royal Dutch Shells quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the citys port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the citys planning department. This is an opportunity for the port and all of us to make a bold statement about how oil companies contribute to climate change, oil spills and other environmental disasters and...
  • Is Solar Energy Ready To Compete With Oil And Other Fossil Fuels?

    05/04/2015 11:47:38 AM PDT · by Opintel · 18 replies ^ | 04-05-2015 | Gaurav
    The solar energy industry may prove to be a dark horse in the race to provide global energy security. The world has renewed its interest in solar energy investment as it searches for a cleaner and more sustainable alternative to conventional fossil fuels. Countries like China, Germany, the UK, the US, Japan and Canada have already made significant investments in solar power. Who are the other players who are investing big in solar energy? With its own set of limitations such as high installation costs and high plug-in time, are consumers across the world ready to choose solar energy to...
  • Venezuela can now barely keep the lights on

    05/04/2015 10:41:01 AM PDT · by Kartographer · 33 replies
    Business Inside via Yahoo Finance ^ | 5/4/15 | Christopher Woody
    Already buffeted by widespread violence, crippling shortages, and skyrocketing inflation, Venezuelans will be confronted with a new burden in the coming weeks: nationwide electricity rationing. The government of President Nicolas Maduro said last week that a plan to ration and otherwise adjust energy usage would go into effect to address increasing demand, which has been spurred on in part by a recent rise in temperatures in the Caribbean country. The measures of the rationing plan include reducing workday length for some public officials to six hours, requesting that private firms increase their electrical efficiency, and the inspecting of factories and...
  • US businessmen lining up to do business with Iran

    05/04/2015 7:54:22 AM PDT · by SeekAndFind · 34 replies
    American Thinker ^ | 05/04/2015 | Rick Moran
    Capitalism is a wonderful thing - except when it isn't. Several US businessmen - oil execs for instance - are eagerly waiting for the day when "normalizing" relations with Iran would lead to exploiting the business opportunities offered by the mullahs. The Hill: Leaders from the United States’ oil industry are traveling to Iran this week to discuss potential investment opportunities, Iran’s government said. The delegation of oil company leaders and investors are visiting Iran in anticipation of sanctions being loosened against Tehran, Iran’s state-owned Mehr News Agency reported Monday. “It is forecast that by the visit of [the] American delegation...
  • For batteries, one material does it all

    05/04/2015 6:49:34 AM PDT · by Red Badger · 8 replies
    Phys.Org ^ | 05/04/2015 | Provided by University of Maryland
    Engineers at the University of Maryland have created a battery that is made entirely out of one material, which can both move electricity and store it. "To my knowledge, there has never been any similar work reported," said Dr. Kang Xu of the Army Research Laboratory, a researcher only peripherally related to the study. "It could lead to revolutionary progress in area of solid state batteries." Envision an Oreo cookie. Most batteries have at either end a layer of material for the electrodes like the chocolate cookies to help move ions though the creamy frosting the electrolyte. Chunsheng Wang,...
  • US, Canada Unveil New Crude-By-Rail Rule

    05/04/2015 5:27:00 AM PDT · by thackney · 3 replies
    Rig Zone ^ | May 01, 2015 | Deon Daugherty
    New safety rule on crude tank cars is coordinated through the US and Canada, likely to increase industry costs. With an emphasis on enhanced tank car construction and braking standards, U.S. and Canadian transportation officials have released a new rule to boost the safety of crude by rail in North America. Our close collaboration with Canada on new tank car standards is recognition that the trains moving unprecedented amounts of crude by rail are not U.S. or Canadian tank cars they are part of a North American fleet and a shared safety challenge, said U.S. Transportation Secretary Anthony Foxx...
  • OTC Commentary: Baker Hughes taps the Lower Tertiary

    05/04/2015 5:11:33 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | May 4, 2015 | Richard Dunham
    The Gulf of Mexicos Paleogene play, also known as the Lower Tertiary, has been described as the scene of a 21st century gold rush for the energy industry. It also has been characterized as an innovation rush. Both are true. The Lower Tertiary is estimated to contain between 14 and 40 billion barrels of oilworth as much as $2.4 trillion at $50-$60 per barrel. Compared with total recent U.S. reserve estimates of 29 billion barrels, the scale of this ultradeepwater frontier is tremendous. The size of the Lower Tertiary prize is huge, but so are its challenges: water depths of...
  • Dewa reviews bids for first phase of Hassyan clean-coal power plant {Dubai}

    05/04/2015 5:05:39 AM PDT · by thackney
    Gulf News ^ | MAY 2, 2015 | WAM
    ubai Electricity and Water Authority (Dewa) has opened the bids it has received for the first phase of the Hassyan clean-coal power plant, which is based on the Independent Power Producer (IPP) model. The first phase of the 1,200MW project is expected to be operational by 2020. Four global bidders have been shortlisted after opening the bids. The agency said in a statement on Saturday that the bids will be evaluated and the best bid will be selected based on the criteria developed by the advisory committee that oversees the project. Dewa previously extended the bid deadline for the first...
  • Ford Sees Growing Demand For Natural Gas Vehicles Like F-150

    05/04/2015 4:17:20 AM PDT · by thackney · 39 replies
    Forbes ^ | 5/04/2015
    Ford Motor Co. says the 2016 F-150 pickup will be available with a 5.0-liter V8 engine that can run on compressed natural gas or propane, part of a growing lineup of CNG vehicles from the Dearborn, Mich.-based automaker. Fords commercial vehicle customers, in particular, have been asking for more trucks and vans that can run on compressed natural gas because it lowers their fleet operating costs and reduces greenhouse gas emissions. CNG sells for an average of $2.11 per gallon of gasoline equivalent, as of April 30, 2015, and is as low as $1 in some parts of the country,...
  • Heartache: Swarthmore College board fails to divest from fossil fuels

    05/03/2015 8:52:14 AM PDT · by rktman · 18 replies ^ | 5/3/2015 | Jazz Shaw
    Not too long ago, the students and more than a few of the faculty at Swarthmore College decided that the time had come to take a stand against Big Oil, carbon or something. Along those lines, they demanded that their school divest their endowment fund from any investments in fossil fuels. In order to make their point, they organized a sit in which lasted for the better part of a month. In the end, they declared victory when the faculty voted to support the students in this decision.
  • Kemp: Forward Oil Prices Anchor Around $75

    05/02/2015 5:28:53 AM PDT · by thackney · 6 replies
    Reuters via Rig Zone ^ | May 01, 2015 | John Kemp
    Market participants expect the price of Brent to average around $75 per barrel through the rest of the decade, not much above the current level. Spot Brent prices have risen around $20 per barrel from their mid-January low, from $46 to $66, an increase of more than 40 percent. Over the same period, however, futures prices for oil delivered at the end of 2017 have increased just $4.50 per barrel and remain semi-fixed a little over $70. As spot prices have risen, the slope of the forward curve has become flatter, ensuring prices for 2017 and beyond are almost unchanged...
  • Why Teslas announcement is such a big deal: The coming revolution in energy storage

    05/01/2015 11:11:05 AM PDT · by Brad from Tennessee · 49 replies
    Washington Post ^ | May 1, 2015 | By Chris Mooney
    Late Thursday, the glitzy electric car company Tesla Motors, run by billionaire Elon Musk, ceased to be just a car company. As was widely expected, Tesla announced that it is offering a home battery product, which people can use to store energy from their solar panels or to backstop their homes against blackouts, and also larger scale versions that could perform similar roles for companies or even parts of the grid. For homeowners, the Tesla Powerwall will have a power capacity of either 10 kilowatt hours or 7 kilowatt hours, at a cost of either $ 3,500 or $ 3,000....
  • Researchers study how metal contamination makes gasoline production inefficient

    05/01/2015 9:44:37 AM PDT · by Red Badger · 11 replies
    Phys.Org ^ | 05/01/2015 | Provided by SLAC National Accelerator Laboratory
    Scientists at the Department of Energy's SLAC National Accelerator Laboratory and Utrecht University have identified key mechanisms of the aging process of catalyst particles that are used to refine crude oil into gasoline. This advance could lead to more efficient gasoline production. Their recent experiments studied so-called fluid catalytic cracking (FCC) particles that are used to break long-chain hydrocarbons in crude oil into smaller, more valuable hydrocarbons like gasoline. "A major problem is that these catalysts quickly age and lose their activity, so tons of fresh catalysts have to be added to a reactor system every day," said lead researcher...
  • Fastest hydrogen battery ever stepping stone to hydrogen car?

    05/01/2015 8:58:35 AM PDT · by Red Badger · 26 replies
    Phys.Org ^ | 05/01/2015 | Provided by Eindhoven University of Technology
    Can cars run on formic acid? They just might one day, after what physical chemist Georgy Filonenko discovered in his dissertation. He developed a catalyst in which hydrogen and carbon dioxide (CO2) can form formic acid in no time, faster than had ever been measured before. And the reverse reaction is just as quick. It seems to be the start of a hydrogen battery for use in hydrogen cars of the future, for example. He received his PhD degree yesterday, cum laude. Hydrogen is one of the foremost candidates in the running towards becoming the energy carrier of the future....
  • Tesla CEO plugs into new market with home battery system

    05/01/2015 8:08:16 AM PDT · by Red Badger · 24 replies
    Phys.Org ^ | 05/01/2015 | by By Michael Liedtke And Jonathan Fahey
    Never lacking daring ideas, billionaire entrepreneur Elon Musk is determined to jolt the electricity market. The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect from power plantsand he can profit. On Thursday night, before an adoring crowd and a party-like atmosphere, Musk unveiled how he intends to do it. Musk took the stage at Tesla's design studio near Los Angeles International Airport, an audience of drink-toting enthusiasts cheering him on, in a scene fitting for an audacious dreamer renowned for pursuing...
  • Alaska residents are paid a unique yearly dividend from states permanent fund

    05/01/2015 6:17:14 AM PDT · by thackney · 13 replies
    Energy Information Administration ^ | MAY 1, 2015 | Energy Information Administration
    The Alaska Permanent Fund, established using revenues paid to the state by oil and natural gas producers, provides Alaska residents with an annual cash dividend, which is unique among natural resource permanent funds in the United States. In 2014, the annual dividend was $1,884 per resident, more than double the 2013 dividend and the highest since 2008. All Alaska residents receive an annual cash dividend from the permanent fund. The fund was established by voters in 1976, as the extent of Alaska's oil and natural gas resources began to emerge, and retains at least 25% of the royalties that oil...
  • As U.S. cuts, Saudi oil-rig counts hit record highs

    05/01/2015 5:45:02 AM PDT · by thackney · 10 replies
    Market Watch ^ | May 1, 2015 | Myra P. Saefong
    Saudi Arabia has been making some big moves lately, most notably in its leadership reshuffle, but the country also has raised the number of rigs it has actively drilling for oil and natural gas by 30% since March 2014. James Williams, an energy economist at WTRG Economics, suggests that the Saudis are working toward increasing their oil-production CLM5, -0.65% LCOM5, -0.99% capacity to gain even more leverage over the oil market than they already have as the Organization of the Petroleum Exporting Countries so-called swing producer. The concept isnt totally new, as some media reports also mention Saudi efforts to...
  • Low-tech thieves target customers at Sonoma County gas stations

    04/30/2015 8:46:10 PM PDT · by rey · 18 replies
    Press Democrat ^ | 30 April 2015 | PAUL PAYNE
    Ishara Sweeney couldnt put her finger on it, but something was odd about the gas pump at the Santa Rosa Chevron station. The hose seemed out of place and the numbers began moving before she squeezed the handle. They stopped suddenly at $36.36 but she didnt hear a click sound. Sweeney was further baffled when she got back into her Toyota Corolla after believing she had fueled up and saw the needle hadnt moved on her gas gauge. It wasnt until a knowing attendant arrived that she learned she was the victim of a scam. I felt pretty dumb, said...
  • Low Oil Prices Could Destabilize Financial System

    04/30/2015 12:06:48 PM PDT · by Opintel · 12 replies ^ | 30-04-2015 | Mark Rutte
    Could the rising levels of debt in the oil industry contribute to destabilization in the financial system? The collapse in oil prices has forced drillers to turn to debt markets to keep their operations going. According to the Wall Street Journal, there has been $86.8 billion in new debt issued so far in 2015, a 10 percent increase over last year. But that trend is not necessarily new. The oil industry has relied on debt for quite some time, but the dramatic fall in oil prices has put a bright spotlight on the practice. The Bank for International Settlements concluded...
  • New Website Examines Impacts of Rising Energy Costs on Low Income Families

    04/30/2015 1:06:11 PM PDT · by ThethoughtsofGreg · 2 replies
    American Legislator ^ | 4-30-15 | John Eick
    The American Coalition for Clean Coal Electricity (ACCCE) recently launched a webpage State Energy Costs for Families that highlights some of the challenges that millions of economically vulnerable Americans face as a result of rising energy costs. The project compiles data for 31 states from the Energy Information Administration (EIA). Its important to note that energy prices affect families differently and are highly regressive in nature. More specifically, those with low and fixed incomes typically spend greater percentages of their take home pay on energy than those with higher incomes. Policymakers should be cognizant of this fact when evaluation...
  • Venezuela Rations Electricity, Blames Climate Change

    04/30/2015 12:31:36 PM PDT · by george76 · 17 replies
    Breitbart News Network ^ | 29 Apr 2015 | Frances Martel
    Public employees will only have to work six hours a day until further notice, and police units will be sent to inspect private businesses to ensure they only use their allotted amounts. Venezuelan Vice President Jorge Arreaza blamed the measures on climate change. ... The Venezuelan government is responsible for providing electricity in the socialist nation, and concerns that power is running out in the OPEC nation have triggered alarm that power may be next on a list of basic scarcities in Venezuela that include milk, laundry detergent, and vegetable oil. ... Vice President Arreaza also made a bizarre call...
  • Green energy policy? Nothing that works

    04/30/2015 7:34:03 AM PDT · by rktman · 2 replies ^ | 4/30/2015 | Viv Forbes
    Modern industrial society commenced with the use of coal and oil to power factories, trains, ships, and agriculture and to generate electricity. With abundant energy, prosperity increased, and people could save enough to support leisure, education, culture, and environmental concerns.

 But the dark greens have a dream to dismantle all this, and return society to the hunter/gatherer era.

 In an unguarded moment, Maurice Strong, a leader of the international green movement, said:

 Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring that about?
  • Texas Moves Toward Dumping Wind Mandate

    04/30/2015 6:31:41 AM PDT · by MichCapCon · 8 replies
    Michigan Capitol Confidential ^ | 4/28/2015 | Jack Spencer
    Last week with a 21-10 vote the Texas Senate passed legislation (Senate Bill 931) that would end the states Renewable Portfolio Standard, which is a primarily a wind energy (with a certain degree of solar energy) mandate. Wind energy is more efficient in Texas than it is in states like Michigan not necessarily efficient but relatively more efficient. Texas is far and away the leading wind energy state in the nation and, thanks in no small part to a $7 billion program for building transmission lines for wind from the western side of the state, it has met its...
  • 3 Indiana brothers plead guilty in biofuels fraud

    04/29/2015 7:36:52 PM PDT · by digger48 · 7 replies
    Associated Press on wishtv ^ | April 29, 2015 | Associated Press
    <p>INDIANAPOLIS (WISH) Millions of tax payer dollars stolen and now the company responsible will have to pay for their actions. Investigators say three brothers who ran E-biofuels LLC, out of Muncie, are behind the scheme and it was one of the largest fraud busts in Indiana history.</p>
  • The alphabet soup of oil patch recovery

    04/30/2015 5:39:50 AM PDT · by thackney · 2 replies
    Platts ^ | April 30, 2015 | Starr Spencer
    The oil industry has always had buzz words and unique verbal shorthand. Remember the Year of the MLP (2007) and Drill, Baby, Drill (2008)? During the last down cycle in 2008-2009, oil executives debated whether the recovery when it came would be V-shaped or U-shaped. That is, a relatively rapid bottoming of oil prices in the former instance, followed by a fairly quick rebound or, alternatively, a steep falloff of oil prices, a plateau as the market got its bearings and settled out, and then a fairly rapid climb back up the price ladder. It turned out...
  • Keystone on West Coast? Oil-sands crude could come to California

    04/30/2015 5:32:00 AM PDT · by thackney · 6 replies
    San Francisco Chronicle ^ | April 28, 2015 | David R. Baker
    Billionaire environmentalist Tom Steyer has a new mission keeping oil from Canadas tar sands out of California. Steyers NextGen Climate organization released a report Tuesday warning that an invasion of tankers and railcars carrying crude from the oil sands could soon hit West Coast refineries, which currently process very little Canadian oil. Steyer, a major Democratic donor who quit his hedge fund to focus on fighting climate change, has risen to prominence as a vocal opponent of the Keystone XL pipeline extension, which would link the oil sands to American refineries on the Gulf Coast. But Tuesdays report, prepared...
  • Oil Hits 2015 Highs After First US Hub Stock Draw In 5 Months

    04/30/2015 5:05:07 AM PDT · by thackney · 9 replies
    Reuters via Rig Zone ^ | April 29, 2015 | Barani Krishnan
    Oil prices hit the highest this year on Wednesday after the first crude stock draw in five months at the U.S. Cushing, Oklahoma hub suggested an oil glut may be starting to ease. Government data showing a smaller-than-expected rise last week in crude inventories throughout the United States also aided sentiment, although some traders felt the market was ignoring bearish elements like higher production. Oil has staged its strongest recovery this month since a selloff that began in June last year. U.S. crude futures are poised to end April up nearly 23 percent and Brent almost 20 percent higher, the...
  • Vanity:help with mineral rights question please.

    04/29/2015 2:02:33 PM PDT · by 4yearlurker · 19 replies
    I live in SW Pennsylvania and there are many fracking drilling sites going up all around me. I talk about it to folks I know and I always hear the same question:"do you have mineral rights?" I have been paying a mortgage for 23 years and my mortgage statement only has one line about that. It reads "The Pittsburgh vein of coal with mining rights is excepted and reserved." So,do I have mineral rights for gas wells or no rights just for coal? Any help would be appreciated. Thanks.
  • We Are Witnessing A Fundamental Change In The Oil Sector

    04/29/2015 4:30:27 PM PDT · by bananaman22 · 10 replies ^ | 29-04-2015 | King Richard
    The U.S. oil production decline has begun. It is not because of decreased rig count. It is because cash flow at current oil prices is too low to complete most wells being drilled. The implications are profound. Production will decline by several hundred thousand barrels per day before the effect of reduced rig count is fully seen. Unless oil prices rebound above $75 or $85 per barrel, the rig count wont matter because there will not be enough money to complete more wells than are being completed today. Tight oil production in the Eagle Ford, Bakken and Permian basin plays...
  • GAO: Dept. of Energys green energy loans, predicted to turn profit, will lose money

    04/29/2015 2:33:28 PM PDT · by yuffy · 5 replies
    Libertyunyielding ^ | April 28, 2015 at 10:26 am | By LU Staff
    Its official: The Energy Departments green energy loan program is expected to lose money despite media reports that such loans would net the government a profit. The Government Accountability Office says the DOEs oft-touted $28 billion loan program will cost taxpayers $2.21 billion over the lifetime of the loans. Not only that, the costs to taxpayers for green loans has risen about $500 million as the result of loan guarantee defaults from companies like Solyndra and Abound Solar. The credit subsidy cost of the loans and loan guarantees in its portfolio is expected to be $2.21 billion, including $807 million...
  • How Microbes Helped Clean BP's Oil Spill

    04/29/2015 10:54:20 AM PDT · by thackney · 29 replies
    Scientific American ^ | April 28, 2015 | David Biello
    Like cars, some microbes use oil as fuel. Such microorganisms are a big reason why BP's 2010 oil spill in the Gulf of Mexico was not far worse. "The microbes did a spectacular job of eating a lot of the natural gas," says biogeochemist Chris Reddy of the Woods Hole Oceanographic Institution. The relatively small hydrocarbon molecules in natural gas are the easiest for microorganisms to eat. "The rate and capacity is a mind-boggling testament to microbes," he adds. As Reddy suggests, the microbes got help from the nature of the oil spilledso-called Louisiana light, sweet crude mixed with natural...
  • Marchant Wields Blade Against Wind Subsidies

    04/29/2015 10:15:56 AM PDT · by Kaslin · 16 replies ^ | April 29, 2015 | Neil McCabe
    The green energy barons have had a good run in the Age of Obama, but Capitol Hill conservatives are mounting their first serious challenge to these charlatans in the new Congress with the PTC Elimination Act filed by Rep. Kenny E. Marchant (R.-Texas). If we want to build a healthier American economy, Congress must get rid of the dead weight in the tax code that is limiting our nations potential. Thats why I have introduced legislation to eliminate the production tax credit, Marchant said in his April 22 statement. Since its creation in 1992, the PTC has ballooned from a...
  • EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

    04/29/2015 5:09:47 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | April 28, 2015 | Robert Grattan
    The U.S. could export anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic feet of liquefied natural gas annually by 2040, according to the latest government projection. Where along that spectrum the actual figure lands will be determined by global energy prices and the availability of U.S. natural gas, the agency said in a Tuesday rehashing of projections made in the Annual Energy Outlook for 2015. The wide range of outcomes hasnt stopped U.S. companies from proposing dozens of new export facilities. While market watchers have said that its unlikely all of these facilities will come online, several are...
  • US eyes energy dominance

    04/28/2015 4:15:39 PM PDT · by rjbemsha · 6 replies
    The Telegraph (London) ^ | Ambrose Evans-Pritchard
    The United States is poised to flood world markets with once-unthinkable quantities of liquefied natural gas as soon as this year, profoundly changing the geo-politics of global energy and posing a major threat to Russian gas dominance in Europe. "We anticipate becoming big players, and I think we'll have a big impact," said the Ernest Moniz, the US Energy Secretary. "We're going to influence the whole global LNG market." Mr Moniz said four LNG export terminals are under construction and the first wave of shipments may begin before the end of this year or in early 2016 at the latest....
  • Bipartisan Group of U.S. Senators Working to Repeal Section 526

    04/28/2015 1:19:53 PM PDT · by ThethoughtsofGreg · 2 replies
    American Legislator ^ | 4-28-25 | John Eick
    Last week a bipartisan group of senators Sens. John Barasso (R-Wyo.), Joe Manchin (D-W.Va.), Heidi Heitkamp (D.-N.D.), Mike Enzi (R-Wyo.), and John Hoeven (R-N.D.) introduced S. 1026, seeking to strike Section 526 from the EISA. In 2009, ALEC adopted a resolution calling for a repeal of this section. Section 526 of the federal Energy Independence and Security Act (EISA) of 2007 prevents federal departments and agencies from purchasing fuels that have higher lifecycle emissions than that of conventional petroleum fuels. This would include a variety of non-conventional alternative or synthetic transportation fuels such as coal-to-liquids, oil shale, and...
  • Tesla Could Be Changing The Dynamics Of Global Energy

    04/28/2015 10:13:13 AM PDT · by bananaman22 · 43 replies ^ | 28-04-2015 | Prince In White Tesla
    Teslas announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individuals or companies need back-up power, they usually rely on generators. Effective battery storage for large amounts of energy would be a game changer in that it would enable a separation of generation and use of energy produced through clean fuels like solar and wind power. The big problem with solar and wind right now is that the energy is only useful when it is actually produced and, because a...