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Keyword: methane

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  • An Earth Day call to ban fracking across this land

    04/22/2015 10:54:03 PM PDT · by 2ndDivisionVet · 17 replies
    The New York Daily News ^ | April 22, 2015 | Mark Ruffalo, actor and director
    Just say no, Obama. Flaming water, poisoned air and destroyed lives — that’s what I found when I traveled to Dimock, Pa., in 2009 to see the impacts of fracking firsthand. Six years later, this tragic story is one shared by countless Americans, too many of them with no choice in the matter. Ten years after the Bush-Cheney administration exempted fracking from key parts of some of our nation’s most important environmental and public health laws, including the Safe Drinking Water Act, Clean Water Act and Clean Air Act, the science is finally catching up to the process — and...
  • Epic Fail: Seven Big Failed Environmentalist Predictions

    04/25/2015 12:52:22 PM PDT · by SeekAndFind · 19 replies
    The Federalist ^ | 04/24/2015 | Robert Tracinski
    I recently discussed what it would take to prove that global warming is actually occurring, that it is caused by humans, and that it will be catastrophic. But that’s not the full picture. To understand why so many of us are so skeptical about global warming, you have to understand the environmentalists’ larger track record: a long series of failed predictions and bogus prognostications of doom. It has been 45 years now since the first Earth Day. You would think that in this time frame, given the urgency with which we were told we had to confront the supposed...
  • 5 years after BP spill: What's changed in offshore drilling

    04/20/2015 12:53:05 PM PDT · by Citizen Zed · 3 replies
    eaglefordtexas.com ^ | 4-20-2015 | Cain Burdeau | The Associated Press
    NEW ORLEANS — As oil gushed from BP’s ruptured well five years ago and public outrage built by the day, the Obama administration issued a six-month moratorium on drilling in the Gulf of Mexico. When the well was finally capped after nearly three months, political and industry pressure mounted on the White House to lift the ban, which it did about a month earlier than planned. Since then, oil and gas drilling Gulf has bounced back strongly and the number of deep-water drilling rigs has actually increased from 35 to about 48. Drillers are pushing into even deeper water and...
  • Looking Back: The Doomsayers Were Wrong about the BP Oil Spill; Mother Nature Heals Itself

    04/23/2015 7:08:29 AM PDT · by SeekAndFind · 24 replies
    National Review ^ | 04/23/2015 | by STEPHEN MOORE & JOEL GRIFFITH Read more at: http://www.nationalreview.com/article/417345/doomsay
    Five years ago this week, a blowout of BPÂ’s Deepwater Horizon oil rig 40 miles from the Gulf Coast tragically claimed eleven lives and spilled 3 million barrels of oil from the damaged wellhead into the Gulf. ItÂ’s hard to forget the video images of thick oil gushing, day after day, into the regionÂ’s waters. It was a horrific accident that caused substantial damage to the ecology and commerce of the region. Gulf-area wildlife, portions of the shoreline, tourism, fishers and shrimpers, and energy-sector workers suffered large losses in the aftermath of the spill. BP has paid close to $27...
  • Ex-BP Chief Sees Oil Bull Market Sooner than Many Expect

    04/22/2015 8:17:45 AM PDT · by thackney · 2 replies
    Reuters via Rig Zone ^ | April 22, 2015 | Dmitry Zhdannikov and Silvia Antonioli
    Low crude prices will trigger consolidation in the oil industry but a new bull market might arrive much sooner than expected given the huge scale of capital and workforce withdrawal in the sector, a former boss of oil major BP said. "The actions the industry is taking to withdraw capital are laying the seeds for the next bull market," Tony Hayward told the FT Commodities Summit. "The peak of U.S. shale supply has arrived – earlier than anticipated ... The supply chain in the U.S. has been decimated ... It will take several years to take activity back," Hayward said....
  • Big Hit For U.S. Oil Production In January

    04/24/2015 5:51:32 AM PDT · by thackney · 11 replies
    Oil Price ^ | 23 April 2015 | Arthur Berman
    U.S. crude oil production fell at least 135,000 barrels of oil per day in January 2015 compared to December 2014 according to the EIA (Figure 1). Bakken Shale production fell the most of any play or jurisdiction losing 37,000 barrels per day in North Dakota and 4,000 barrels per day in Montana for a total of 41,000 barrels of oil per day (Figure 2). Production in California, the offshore Gulf of Mexico, Alaska and Wyoming also declined significantly. Figure 3 shows Bakken production based on DrillingInfo data. The 42,000 barrels of oil per day drop in January production is completely...
  • Oil Prices Won’t Recover Anytime Soon Says Exxon CEO

    04/22/2015 2:17:16 PM PDT · by Opintel · 18 replies
    Oilprice.com ^ | 22-04-2015 | Willem van Oranje
    There is mounting evidence that oil prices are poised to rebound from a historic bust. Rig counts hit new lows each week. For the week ending on April 17, Baker Hughes says the U.S. lost an additional 34 oil and gas rigs, bringing the total down to 954. Domestic crude oil production appears to have plateaued and the EIA expects a contraction in May. Nearly every driller is dramatically scaling back spending, which should increasingly cut into new output. And oil consumption is finally picking up, as drivers far and wide take advantage of cheap fuel. But what if the...
  • CERAWeek: Oil chiefs explain why U.S. shale boom hasn’t gone global

    04/22/2015 4:37:25 AM PDT · by thackney · 3 replies
    Fuel Fix ^ | April 22, 2015 | Collin Eaton
    Has billionaire oil man Harold Hamm ever been tempted to take the U.S. shale revolution abroad and expand his oil empire from North Dakota to the rest of the world? “I have not,” Hamm told a gathering of energy executives Tuesday. The question had come from Daniel Yergin, vice chairman of IHS. Hamm, CEO of Continental Resources, one of the biggest oil producers in the Bakken Shale, was one of three oil-company chief executives speaking from the stage during a panel at the IHS CERAWeek energy conference at the Hilton Americas-Houston. So why haven’t U.S. shale producers tried to tap...
  • Anti-local fracking control bill advances in Texas

    04/21/2015 5:05:57 AM PDT · by thackney · 44 replies
    Platts ^ | 20 Apr 2015 | Platts
    A bill being debated in the Texas Legislature that would severely limit local municipalities' power to regulate oil and natural gas drilling moved one step closer to becoming law Monday. In a 125-20 vote, the Republican-dominated Texas House of Representatives approved on third reading H.B. 40. The legislation would "expressly pre-empt local ordinances that ban or limit oil and gas operations," including hydraulic fracturing. The bill will now move to the state Senate, which, like the House, is Republican-controlled. If passed by both houses of the legislature it will move to the desk of Republican Governor Greg Abbott, who has...
  • Bill to Standardize Drillings Setbacks Passes Texas House

    04/20/2015 9:45:18 AM PDT · by thackney · 2 replies
    Rig Zone ^ | April 17, 2015 | Deon Daugherty|
    Legislation to set standards for cities that wish to regulate the oil and gas drilling within their city limits passed the Texas House Friday with more than two-thirds approval. House Bill 40 heads to the Texas Senate Monday, where, if it can sustain the momentum that’s carried it this far, could soon become law. And that’s got some special interests groups in a tizzy. “If some Austin lawmakers are successful, oil and gas drilling could be coming to a school, playground of daycare center near you,” wrote Luke Metzger, director of Environment Texas in an opinion piece published in the...
  • Halliburton Announces 9,000 Layoffs

    04/21/2015 9:46:05 AM PDT · by SeekAndFind
    Houston Press ^ | 04/21/2015 | By Dianna Wray
    In a move that once again isn't exactly shocking, Halliburton Co. has been engaging in much more serious layoffs than they initially planned on back in February. Back in the early part of the year -- when energy analysts were confidently predicting oil prices would rebound in no time at all -- Halliburton still battened down the hatches, announcing plans for about 6,500 layoffs. Since then the analysts have for the most part gotten increasingly dour with their predictions, oil prices have stayed around $50 a barrel and Halliburton has actually laid off about 10 percent of its workforce in...
  • Oil and Gas Company Baker Hughes ramps up layoffs to 10,500 worldwide

    04/21/2015 9:43:58 AM PDT · by SeekAndFind
    The Times Picayune ^ | 04/21/2015 | By Jennifer Larino
    Baker Hughes Inc., one of the world's largest oil and gas service companies, said it will increase job cuts worldwide to 10,500, or about 17 percent of its total workforce. The Houston-based company said the cuts are necessary in order to weather a crash in North American drilling prompted by low oil prices. Baker Hughes announced the additional cuts Tuesday (April 21) after reporting a $32 million loss for the first quarter this year. The company's first-quarter revenue was down 20 percent compared to the same period a year ago. Earlier this year, Baker Hughes said it planned to cut...
  • CERAWeek: U.S. and Wall Street take over OPEC’s role as global swing producer

    04/21/2015 4:54:13 AM PDT · by thackney · 2 replies
    Fuel Fix ^ | April 20, 2015 | Collin Eaton
    Financial markets underpinning the U.S. shale boom have emerged as the world’s de facto regulator of global oil production, taking over from the Saudi Arabia-led cartel that effectively abdicated its decades-old role in November, a top IHS researcher said Monday. The Organization of the Petroleum Exporting Countries “is not what it used to be; it’s no longer the balancer of the oil market,” said Jim Burkhard, chief researcher of global oil markets for IHS, during a panel on the first day of the week-long IHS Energy CERAWeek conference at the Hilton Americas-Houston. For a generation, Burkhard said, OPEC could influence...
  • Is This Where Investors Should Be Looking When Oil Recovers

    04/21/2015 3:17:19 PM PDT · by bananaman22 · 19 replies
    oilprice.com ^ | 04/21/2015 | James stafford
    When oil prices recover—and plenty of analysts think the climb back up will start soon—Canada’s western frontier of Saskatchewan and neighboring Alberta will ‘still have the edge’, according to a report from TD Economics. Depressed oil prices may have skewed the view from Canada’s oil-producing west, but this will be one of the better places to bet on the oil rebound. Saskatchewan remains the last highly accessible onshore North American oil frontier and it is home to part of the prolific Williston Basin. And as the industry gears up for the Williston Basin Petroleum Conference (WBPC) on 28 April, the...
  • How To Spot An Undervalued Oil Company

    04/24/2015 10:58:04 AM PDT · by Opintel · 3 replies
    Oilprice.com ^ | 24-04-2015 | Jump At Opportunities !
    Oil executives have been making headlines recently, due to large purchases of their own company’s stock. In fact, insider buying in the oil industry is higher than any other industry, except the machinery industry. Who’s buying? Major insider purchases for the month of March were made by Kinder Morgan (NYSE: KMI) and Diamond Offshore Drilling (NYSE: DO). Diamond Offshore Drilling’s CEO, Corp Loews, purchased 685,373 shares on the open market, and Rich Kinder, CEO of Kinder Morgan, purchased 100,000 shares of Kinder Morgan. In March, Rich Kinder and Corp Loews weren’t the only executives buying company stock. The Director of...
  • Northeast Gas – Coming Soon to a Market Near You

    04/24/2015 10:18:15 AM PDT · by thackney · 13 replies
    The dam is about to burst in the Northeast. The question is who will drown in the coming flood of natural gas? BTU Analytics is currently tracking 42 Bcf/d of Northeast projects coming online through 2018. Of that capacity, 14.6 Bcf/d will help carry gas out of the region. Some of the most notable of these projects are Energy Transfer’s Rover Pipeline at 3.25 Bcf/d, Spectra’s Nexus Pipeline at 1.5 Bcf/d, and a series of REX Pipeline expansions bringing the pipe’s total east to west capacity to 2.6 Bcf/d. Infrastructure constraints in the Marcellus and Utica have been the norm...
  • Rahm Emanuel lived rent free in BP flack's apartment(I can't wait until GOP Congress calls hearings)

    06/08/2010 10:39:50 AM PDT · by bestintxas · 17 replies · 66+ views
    american thinker ^ | 6/8/10 | Thomas Lifson
    If you or I lived rent free for five years in an apartment in pricey Washington, DC, we would have to pay income taxes on the value of the rent on the place. But apparently not Rahm Emanuel. The wonderful Andrew Malcolm of the LA Times writes: We already knew that BP and its folks were significant contributors to the record $750-million war chest of Barack Obama's 2007-08 campaign. Now, we learn the details of a connection of Rahm Emanuel, the Chicago mayoral wannabe, current Obama chief of staff, ex-representative, ex-Clinton money man and ex-Windy City political machine go-fer. Shortly...
  • How The Majors Are Playing The Oil Price Slump

    04/23/2015 10:01:42 AM PDT · by bananaman22 · 4 replies
    Oilprice.com ^ | 23-04-2015 | strategy or die
    The largest oil and gas companies are employing different strategies to weather the downturn and plan for the future. Each strategy has its risks, and not all may work out. Which companies will emerge stronger after an oil price rebound and which will fall further behind because of bad decisions? There are different ways to play a down cycle. With oil prices half of what they were in 2014, revenues are significantly lower for everyone across the board. As a result, the oil industry has collectively implemented an estimated $114 billion in spending cuts. But oil executives are also trying...
  • CNN/ORC Poll: Economic optimism hits new peak under Obama

    04/21/2015 6:56:08 AM PDT · by SoFloFreeper · 22 replies
    CNN ^ | 4/21/15 | Jennifer Agiesta
    ..... Obama's approval rating is shifting back toward positive territory, as the public's take on the economy hits a new high mark for Obama's tenure, according to a new CNN/ORC poll. For the first time since May of 2013, more Americans polled say they have a positive impression of how Obama is handling the presidency than a negative one: 48% approve of the way Obama is handling his job, while 47% disapprove.
  • The Armenian Genocide

    04/15/2015 5:55:22 PM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 04/15/15 | Dr. Ileana Johnson Paugh
    The Marxist/Nazi/Ottoman/Islamist ISIS pogrom against Christianity continues to this day “Around the world, Christians are facing violence, persecution, brutality in a way we have not seen in generations.” – Rey Flores, “The Wanderer” The hypocritical “war on women” movement is deafly silent, no real effort to save the captives, and good men are doing nothing when faced daily with photographs of Christian hostages on their knees, clad in orange jumpsuits, about to be beheaded, when women and girls are kidnapped, raped, genitally mutilated by ISIS, and driven into a life of slavery as forced converts to Islam. One year later,...
  • Turkey accuses EU of 'enmity' over 1915 Armenian genocide recognition

    04/17/2015 1:38:35 PM PDT · by markomalley · 10 replies
    The Telegraph ^ | 4/17/15 | Richard Spencer
    Recep Tayyip Erdogan, Turkey’s president, has accused the EU of declaring “enmity” on his country as next week’s centenary commemorations of the massacres of Armenians by the Ottoman Empire descend into bitter rows over what to call them. Both the European Parliament and Pope Francis this week referred to the killings as a genocide, a term recognised by much of the rest of the world but fiercely disputed by Turkey. The European decision prompted a furious response from Mr Erdogan. “Such decisions are nothing but expressions of enmity against Turkey by abusing Armenians,” he said while on a visit to...
  • Greece is 'close to the abyss' as black hole in public finances widens

    04/15/2015 7:48:25 AM PDT · by C19fan · 29 replies
    UK Telegraph ^ | April 15, 2015 | Mehreen Khan
    The depth of Greece's financial woes have been laid bare as official figures showed the country has fallen further into the red following the election of its Leftist government. Greece's primary budget surplus, which excludes its debt interest payments, shrunk to just over €1bn during January and February, compared to €3.17bn over the same period in 2014, according to figures from the Ministry of Finance.
  • Islamist Turkish President Erdogan Says A 'Mastermind' Is Plotting Against Turkey...

    04/14/2015 4:47:03 PM PDT · by markomalley · 24 replies
    Memri ^ | 4/14/15
    Since October 2014, Turkish President Recep Tayyip Erdogan has regularly referred to the concept of a "Mastermind" (ust akil, "supra-intellect," in Turkish) that, he says, is plotting against Turkey. This concept has been applauded by the Islamist pro-AKP media. Erdogan's December 12, 2014 speech, which focused on this "mastermind" concept, inspired the production of a two-hour "documentary" by one of the leading Turkish television channels, the pro-AKP A Haber. The film, titled "The Mastermind," first aired on March 15, 2015 and has been broadcast repeatedly since then; in addition, the Turkish Islamist pro-AKP media are circulating the film on their...
  • Scientists seek source of giant methane mass over Southwest

    04/12/2015 12:30:53 PM PDT · by ImJustAnotherOkie · 84 replies
    Fox News ^ | Published April 10, 2015 | AP
    DENVER – Scientists are working to pinpoint the source of a giant mass of methane hanging over the southwestern U.S., which a study found to be the country's largest concentration of the greenhouse gas. The report that revealed the methane hot spot over the Four Corners region — where Colorado, New Mexico, Utah and Arizona meet — was released last year.
  • Abbas To Sign Accords With Putin in Moscow

    04/11/2015 10:14:46 PM PDT · by Olog-hai · 29 replies
    INN ^ | 4/11/2015, 10:55 PM | (Arutz Sheva Staff)
    Russian President Vladimir Putin will meet Palestinian Authority (PA) Chairman Mahmoud Abbas in Moscow on Monday where the issue of Middle East peace talks will be raised, Russian authorities announced Thursday. “The two leaders will hold talks concerning key aspects of Russian-Palestinian relations and their future, with particular attention on the trade, economy and humanitarian sectors,” the Kremlin said in a statement according to AFP. There will also be “an exchange of ideas on the process of Israeli-Palestinian talks and other problematic regional situations,” the statement continued, adding that North Africa would also be on the agenda. …
  • How much longer can OPEC hold out?

    04/09/2015 9:25:14 PM PDT · by Citizen Zed · 3 replies
    India Info Online ^ | 4-10-2015 | Gaurav Agnihotri, Oilprice.com
    OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months.  When OPEC speaks, the world listens in rapt attention as it accounts for nearly 40 % of the world's total crude output. With its headquarters in Vienna, Austria, one of the mandates of 12- member OPEC is to "ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry." (Source: opec.org).  However, OPEC...
  • Russia may give Greece pre-payment of profits from future gas pipeline project

    04/09/2015 9:44:10 AM PDT · by Lorianne · 9 replies
    CNBC/Reuters ^ | 08 April 2015
    Russia is considering soon giving Greece funds based on future profits Athens would earn from shipping Russian gas to Europe as part of an extension of the Turkish Stream gas pipeline project, a Greek government official said. Plans for the pipeline taking Russian gas from Turkey to Europe via Greece would be linked to lower Russian gas prices, the official added. Greece would pay back the Russian prepayment after the pipeline started operating, the official said.
  • Senators Try To Stop The Coming Oil Train Wreck

    04/07/2015 4:58:51 AM PDT · by thackney · 10 replies
    Forbes ^ | 4/06/2015 | James Conca
    Spearheaded by the Senators from Washington_State, legislation just introduced in the United States Senate will finally address the rash of crude oil train wrecks and explosions that have skyrocketed over the last two years in parallel with the steep rise in the amount of crude oil transported by rail. Oil production is at an all-time high in America, great for our economy and energy independence, but bad for the people and places that lie along the shipping routes. Just since February, there have been four fiery derailments of crude oil trains in North America and many more simple spills. More...
  • State Energy Expert Predicts $1.60-Per-Gallon Gas

    04/07/2015 8:27:21 AM PDT · by Perkinsbob54 · 42 replies
    Roswell Daily Record ^ | 4/7/15 | Jeff Tucker
    ROSWELL – Gasoline prices in New Mexico could drop to as low as $1.60 a gallon this year as the United States and the Organization of Petroleum Exporting Countries engage in an outgoing crude oil price war, an expert told the New Mexico Landmen’s Association on March 27. Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico Institute of Mining and Technology, said at the landmen’s association’s monthly meeting recently that crude oil storage in the United States is at a near maximum, meaning it will be some time before crude oil prices...
  • Rand Paul's excuse for avoiding the 'religious freedom' law controversy doesn't add up

    04/03/2015 12:10:36 PM PDT · by C19fan · 34 replies
    Business Insider ^ | April 2, 2015 | Hunter Walker and Colin Campbell
    Sen. Rand Paul (R-Kentucky) is the only major Republican likely 2016 presidential candidate who hasn't weighed in on the controversy over Indiana's "religious freedom" law that erupted this week — and his explanation for avoiding the issue is questionable.
  • Don't expect oil prices to rebound anytime soon

    04/02/2015 12:15:57 PM PDT · by Perkinsbob54 · 12 replies
    High Country News ^ | 3/8/15 | Jonathan Thompson |
    It’s not even 8 a.m. and rush hour is on in northwestern New Mexico. Dozens of big white trucks and water tankers, neon flags flying, head north to the gas patch. I’m driving south, through Aztec, and as I pass the retro-orange A&W on the edge of town, I pull up alongside a drilling rig. The thing’s huge, too huge, it seems, to be rolling along the same road as my little Nissan. Yet the strange, rolling infrastructure has been a familiar site around here for decades — back in 1948, when a UFO purportedly crashed out on a nearby...
  • Crude falls as Iran deal to include lifting of all oil sanctions

    04/02/2015 11:01:06 AM PDT · by jimbo123 · 5 replies
    Forex Live ^ | 4/2/15 | Adam Button
    WTI crude fell below the earlier lows near $48.50 and down to $48.23 as reports reveal that once the deal is completed (presumably on June 30) all oil and banking sanctions against Iran will be lifted.
  • New Regs Ignore Fact Fracking Doesn't Taint Well Water

    04/02/2015 9:03:55 AM PDT · by raptor22 · 7 replies
    Investor's Business Daily ^ | April 2, 2015 | IBD EDITORIALS
    Energy: New federal regulations on fracking on public land ignore a study documenting that methane found in well water is unrelated to the location of hydraulically fractured oil and gas wells. When the Obama administration recently released its new regulations on fracking — regulations that it said were needed to keep up with the advance and success of the decades-old technology to meet public safety needs — the Independent Petroleum Association of America and Western Energy Alliance immediately filed suit, saying that the new regs were based on "unsubstantiated concerns" that lacked any scientific basis. "Hydraulic fracturing has been conducted...
  • Fact Check.org Rushes to Defend Federal Fracking Regulations, Steps on a Rake

    03/30/2015 1:26:09 PM PDT · by george76 · 8 replies
    Energy in Depth ^ | March 27, 2015 | Katie Brown
    This afternoon, Fact Check.org produced a fact-check that ostensibly criticizes U.S. Senator Jim Inhofe (R-OK) for his contention that there has never been an instance of ground water contamination caused by hydraulic fracturing. Of course, this piece isn’t really about Inhofe at all; but before we get into that, we can’t help but wonder why they are fact-checking Inhofe and not former EPA Administrator Lisa Jackson … or Energy Secretary Ernest Moniz … or Secretary of the Interior Sally Jewell — all of whom have said exactly the same thing. Rather than a “fact-check,” it reads more like an advocacy...
  • Texas Hasn't Been This Bad In Two Years

    03/30/2015 10:10:07 AM PDT · by blam · 9 replies
    BI ^ | 3-30-2015 | Myles Udland
    Myles Udland March 30, 2015The crash in oil prices is hammering the Texas economy. The latest manufacturing outlook index from the Dallas Fed plunged again in March, to -17.4 from -11.2 in February, indicating deteriorating business conditions in the state. Expectations were for the index to show a reading of -9. But the most important part of this report is the commentary from Texas business leaders, who have given an on-the-ground picture of how the decline in oil prices is affecting one of the country's economies most driven by oil. In March the tune didn't change, as it sounds as...
  • Angola joins Venezuela among biggest losers of oil's tumble

    03/30/2015 8:13:03 AM PDT · by Lorianne · 8 replies
    CNBC ^ | 28 March 2015 | Will Duke
    Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less beneficial. Social and economic turmoil in countries like Venezuela and Russia—largely because of the swoon in global oil prices—has drawn attention away from Angola, an OPEC member that is Africa's second-largest oil producer. The country churns out 1.75 million barrels of oil per day, according to the Energy Information Agency (EIA). The sub-Saharan country is hugely dependent on oil production to generate revenue for its economy, which...
  • Price decline hits oil patch

    03/29/2015 10:19:40 AM PDT · by Perkinsbob54 · 5 replies
    Albuquerque Journal ^ | 3/25/15 | Kevin Robinson-Avila
    At least 2,000 jobs will likely be lost in New Mexico’s oil and gas industry in the coming months because of sharp declines in the price of crude oil, according to estimates by the New Mexico Energy, Minerals and Natural Resources Department.
  • The E.U. Experiment Has Failed

    03/16/2015 8:23:01 PM PDT · by annalex · 33 replies
    Hoover Institution ^ | March 5, 2015 | Bruce Thornton
    The E.U. Experiment Has Failedby Bruce ThorntonThursday, March 5, 2015 The slow-motion crisis of the European Union is the big story that rarely gets the attention it deserves. Even an event like the recent terrorist attack in France that left 17 dead is often isolated from the larger political, economic, and social problems that have long plagued the project of unifying the countries of Europe in order to harness its collective economic power, and to avoid the bloody internecine strife that stains its history. On the economic front, the E.U.’s dismal economic performance over the last six years was summed...
  • Crony Biofuel Politics Wag the Dog

    03/14/2015 9:47:48 AM PDT · by Kaslin · 24 replies
    Townhall.com ^ | March 14, 2015 | Paul Driessen
    Talk about the Norfolk terrier tail wagging the Great Dane. If they are to have any hope of winning their party’s nomination, Republican presidential hopefuls better support ethanol mandates, Hawkeye State politicos told potential candidates at the recent Iowa Agricultural Summit in Des Moines. “Don’t mess with the RFS,” Republican Governor Terry Branstad warned, referring to Renewable Fuel Standards that require refiners to blend increasing amounts of ethanol into gasoline. “It is the Holy Grail, and I will defend it,” said Rep. Steve King, another Iowa Republican. It is vital for reducing carbon dioxide emissions and preventing dangerous climate change...
  • Intestinal gas could be used to diagnose diseases

    03/12/2015 10:26:02 AM PDT · by Red Badger · 23 replies
    medicalxpress.com ^ | 03-12-2015 | Staff & Provided by Cell Press
    Schematic of a real-time in vitro fecal fermentation gas-sensing system. Credit: Nam Ha Microbes in the human body are estimated to outnumber human cells by 10 to 1, yet research on how they affect health is still in its infancy. A perspective article published by Cell Press on March 12th in Trends in Biotechnology presents evidence that gut microbes produce gases that may contribute to gastrointestinal diseases and could be used as biomarkers for one's state of health. As means to measure these potential biomarkers, the authors suggest two novel gas-sensing systems, one of which is an electronic gas sensor...
  • Giant Methane Storms On Uranus

    03/10/2015 7:27:55 PM PDT · by Jack Hydrazine · 115 replies
    IFLScience.com ^ | 10MAR2015 | Helen Maynard-Casely
    Most of the times we have looked at Uranus, it has seemed to be a relatively calm place. Well, yes its atmosphere is the coldest place in the solar system. But, when we picture the seventh planet in our solar system invariably the image of a calming blue hazy disc that the spacecraft Voyager 2 took in 1986 comes to mind. Uranus as seen by NASA’s Voyager 2 NASA/JPL-Caltech However, all we have previously known about the atmosphere of Uranus has been ’thrown to the wind’ with observations made last year. In August 2014 a group led by Imke de...
  • Prototype orbital seaplane in Texan blimp-base blast

    09/08/2008 6:29:20 AM PDT · by Red Badger · 26 replies · 285+ views
    www.theregister.co.uk ^ | 09/08/2008 | Staff
    Nautical X Prize also-ran suffers further setback A group of retired NASA engineers looking to develop a spacegoing seaplane - or seagoing spaceplane - have suffered a setback, with a prototype craft reportedly exploding during tests at the weekend. The Advent space seaplane concept The Daily News of Galveston County in Texas reports that the explosion near Hitchcock, 40 miles from Houston, was loud enough to draw a lot of attention. The disaster was apparently investigated by the Hitchcock police and fire departments, the FBI, Homeland Security and the Bureau of Alcohol, Tobacco, Firearms and Explosives. Click here to find...
  • West Virginia Combined Cycle Plant Will Be First to Burn Ethane and Natural Gas

    02/18/2015 8:24:46 AM PST · by thackney · 3 replies
    Power ^ | 02/17/2015 | Gail Reitenbach
    On Monday, the West Virginia Public Service Commission (PSC) approved the siting certificate for Moundsville Power LLC to construct a 549-MW combined cycle natural gas power plant in Marshall County. It will be the first to also burn ethane. The company is also touting the project’s role in helping to offset the effect of area coal plant closings. With the PSC approval in hand, Moundsville Power’s next step is financing. Construction is scheduled to begin in late 2015, and the plant is expected to be operational in early 2018. The Moundsville Power facility will be a wholesale generator for the...
  • Turkey rolls back secular education for 'pious generation'

    02/14/2015 12:15:17 AM PST · by D_Idaho · 3 replies
    Yahoo! News ^ | 2/13/15 | SUZAN FRASER
    Turkey has long enshrined the secular ideals of founding father Mustafa Kemal Ataturk, particularly in an education system that until recently banned Islamic headscarves in schools and made schoolchildren begin the day reciting an oath of allegiance to Ataturk's legacy. Now proponents of Turkey's secular traditions claim President Recep Tayyip Erdogan is taking a new path, building a more Islam-focused education system to realize his stated goal of raising "pious generations."
  • Inconvenient study: Methane seepage from the Arctic seabed has been occurring for millions of years

    02/07/2015 6:11:53 PM PST · by Ernest_at_the_Beach · 37 replies
    wattsupwiththat.com ^ | February 6, 2015 | Anthony Watts
    Despite the ever present wailing from green activists that we are sitting on a “methane catastrophe”, it’s simply business as usual for Earth in the Arctic. Even Dr. Gavin Schmidt of NASA GISS thinks the issue is “implausible”. This study further confirms that the issue is just another emotional overblown green issue of no merit.Methane seepage from the Arctic seabed occurring for millions of yearsFrom the Center for Arctic Gas Hydrate, Climate and EnvironmentMethane gas flares, up to 800 meters high, rise from the Arctic Ocean floor. That is the size of the tallest building in the world, Burj...
  • Greek Prime Minister: No Change in Relations with Israel

    02/07/2015 7:18:37 AM PST · by Patriot777 · 4 replies
    Israelnationalnews.com (Arutz Sheva) ^ | 2/6/2015, 11:15 PM | Elad Benari
    Greece’s new Prime Minister reportedly assures the Israeli ambassador that Greek-Israeli relations will not change following his election. Greece’s new Prime Minister, Alexis Tsipras, has assured the Israeli ambassador to Athens that Greek-Israeli relations will not change following his election, Kol Yisrael radio reported on Friday. According to the report, Tsipras met this week with the Ambassador, Irit Ben-Abba, and made clear to her that his government is determined to combat anti-Semitism in Greece and that it will continue to prosecute the leaders of the neo-Nazi Golden Dawn party. The meeting comes amid concerns among Greek Jews that the election...
  • Feds To Regulate Fake Fireplaces To Stop Global Warming

    01/31/2015 11:14:52 AM PST · by Tolerance Sucks Rocks · 88 replies
    The Daily Caller ^ | January 30, 2015 | Michael Bastasch
    Better go out and buy a gas fireplace and stove soon before federal regulations make them more expensive. Federal officials are looking to regulate the energy usage of fake fireplaces as part of the Obama administration’s effort to fight global warming.The Energy Department has proposed new regulations that would mandate that “gas-fired hearth products” like decorative fireplaces and stoves be more energy efficient and produce fewer carbon dioxide emissions. DOE says its rule would save $165 over the lifespan of the average hearth and reduce carbon dioxide emissions by 11.1 million metric tons through 2030.The major change DOE demands is...
  • Seattle to Fine Residents for Throwing Food in the Garbage

    01/28/2015 10:12:24 AM PST · by Reverend Saltine · 111 replies
    CNS.com ^ | January 28, 2015 | Curtis kalin
    Seattle to Fine Residents for Throwing Food in the Garbage In an attempt to shame residents of their city, a new Seattle law will levy a fine on homes that do not properly sort food out of their garbage. Emblazoned with a red citation tag, violators will start to be fined anywhere from $1-$50 in July. For now, Seattle residents will be publicly shamed by the ‘Scarlet Letter’-like tags. US Food Waste Food waste is a big, and still growing, problem. (Charles Krupa/AP Photo) "I'm sure neighbors are going to see these on their other neighbors' cans," says Rodney Watkins,...
  • White House Methane Madness

    01/20/2015 8:23:37 AM PST · by rktman · 6 replies
    americanthinker.com ^ | 1/20/2014 | Fred Singer
    Contrary to persistent claims by environmentalists, Methane is not an important greenhouse gas (GHG); it has a totally negligible impact on climate. Attempts to control methane emissions make little sense; the just-announced [Jan 14] White House plan to reduce emissions by 40 to 45% by 2025 ignores well-established ‘text-book’ science. Methane (chemical formula CH4) is the main component of natural gas. It may technically be defined as a greenhouse gas since it absorbs strongly in some portions of the infrared spectrum; but its impact on climate is insignificant. Its atmospheric level has been increasing because about half of the methane...
  • The myth of the methane menace

    01/19/2015 8:58:15 PM PST · by Tolerance Sucks Rocks · 30 replies
    The Washington Times ^ | January 18, 2015 | Stephen Moore
    Last week the Environmental Protection Agency (EPA) announced major new regulations on the emissions of methane into the air from oil and gas production. It calls methane a “potent” pollutant and its new rules would require a 45 percent reduction by 2025 from 2012 levels. Most Americans support these new rules, according to polling from environmental groups. This isn’t surprising. Methane sounds like a dirty and dangerous pollutant and even deadly if leaked into water or the air. However, methane is just another term for the main component of natural gas. Drillers have a powerful motive to stop leakage on...