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Keyword: naturalgas

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  • News Summary-Intelligence Report Friday 5/15/2020 Newsdump Friday

    05/15/2020 9:46:08 PM PDT · by Nextrush · 12 replies
    Nextrush Free ^ | 5/15/2020 | Nextrush/Self
    Economic conflict between the United States and China and Russia on full display today but first.... Protesters in Maryland's capital of Annapolis today urging a full reopening of the state..... Protesters are Pennsylvania's Capitol Building in Harrisburg today pushing for a reopening of the state.... German authorities afraid as mass protests are set in major cities like Berlin, Munich and Stuttgart Saturday in opposition to the government's coronavirus policy... The United States imposing tighter chip controls on the Chinese tech firm Huawei...... Its also been announced that Taiwan Semiconductor will be opening a factory in the United States.... A German...
  • Coronavirus will trigger biggest ever plunge in energy demand, emissions: IEA

    05/01/2020 7:38:03 PM PDT · by fluorescence · 17 replies
    Reuters ^ | April 30, 2020 | Noah Browning, Susanna Twidale
    Global energy demand could slump by 6% in 2020 due to the restrictions placed on homes and industry in what would be the largest contraction in absolute terms on record, according to Paris-based IEA, which advises industrialised nations on energy. The slump would lead to a drop in carbon dioxide emissions of 8%, six times larger than the biggest fall of 400 million tonnes recorded in 2009 following the global financial crisis, according to the IEA, which described its estimate as conservative. ... Carbon intensive coal demand has so far been hit the hardest by the pandemic, with demand in...
  • Renewables Alone Can't Save the Planet

    03/31/2020 4:27:34 PM PDT · by Kaslin · 15 replies ^ | March 30, 2020 | Drew Johnson
    Coalville wants to ditch fossil fuels. The Utah city has pledged to draw its electricity from 100 percent renewable sources by 2030. From California to New Hampshire, dozens of cities have set similar goals. But these cities can't produce and store enough wind and solar power to run solely on renewables. As a result, their ambitious environmental policies could soon leave them powerless. Fortunately, these cities can rely on natural gas to supplement renewables while still reducing emissions. Renewable energy sources are frequently unreliable. Solar and wind-powered grids can't generate electricity on still, cloudy days. A city, state, or country...
  • Oil and gas industry faces huge loss

    03/21/2020 7:36:50 PM PDT · by brownwill6767 · 54 replies
    Albuquerque Journal ^ | 3/19/20 | Kevin Robinson-Avila /Dan Boyd
    Copyright © 2020 Albuquerque Journal With oil prices plunging to their lowest level in 22 years, state legislators are projecting an imminent budget crisis that’s likely to force the New Mexico Legislature into special session. Sen. John Arthur Smith, chairman of the Legislative Finance Committee, said the state could be facing a $1 billion loss in oil- and gas-related revenue if the crisis continues through this year and into 2021. ADVERTISEMENTSKIP In a Thursday letter to legislative leaders, Gov. Michelle Lujan Grisham indicated a special session is inevitable but said state officials need to have updated revenue estimates and a...
  • Exxon to cut activity in Permian Basin as oil prices plummet

    03/05/2020 1:00:19 PM PST · by CedarDave · 14 replies
    The Albuquerque Journal ^ | March 5, 2020 | Cathy Bussewitz, AP
    Exxon Mobil plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned capital expenditures as the spreading coronavirus saps energy demand. The price of a barrel of oil has fallen more than 20% since the start of the year, and 8% in the last month, with energy demand expected to shrink as the outbreak drags on the global economy. Exxon will reduce the number of rigs in the Permian basin, a region that stretches across the border of New Mexico and Texas. Capital expenditures include expenses such as drilling and...
  • Canadian Protesters Set Fires On Tracks To Extend Rail Blockade To Prevent Construction of Natural Gas Pipeline

    02/27/2020 2:09:08 PM PST · by SeekAndFind · 22 replies
    Hotair ^ | 02/27/2020 | John Sexton
    Last Friday, Prime Minister Trudeau abruptly reversed himself and demanded that the blockades of rail lines, which have sprung up in various places this month, be cleared. Monday, police in Ontario cleared out one of the larger protest camps, arresting 10 people and clearing the way for trains to resume service. But the protesters werenÂ’t done. Later that night they began throwing burning tires onto the tracks: This was the scene Monday night on the rail lines near Tyendinaga Mohawk Territory. Police arrested 10 people earlier in the day and cleared out the camp that was set up Feb....
  • Natural Gas-starved NY State supply pipeline project abandoned after Gov. Cuomo vowed “any way that we can challenge it, we will”

    02/27/2020 11:47:03 AM PST · by C19fan · 77 replies
    Legal Insurrection ^ | February 26, 2020 | William A. Jacobson
    After a four-year battle with the state, the proposed Constitution natural-gas pipeline project has been abandoned, as National Grid warns of a coming natural gas supply emergency next Winter. The State of New York has a natural gas shortage, the result of years of the administration of New York Governor Andrew Cuomo and environmentalists fighting the construction of new supply pipelines. A June 2019 report by The Manhattan Institute documented the shortage and its causes, Out of Gas: New York’s Blocked Pipelines Will Hurt Northeast Consumers:
  • Natural Gas Is Crushing Wind and Solar Power; One of the cleanest ways to produce scalable and dependable electric power

    02/25/2020 9:05:55 AM PST · by SeekAndFind · 41 replies
    Townhall ^ | 02/25/2020 | Stephen Moore
    The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that natural gas prices fell to $1.77 per million British thermal units. In inflation-adjusted terms, the price of gas has plunged by some 80% since its high of $13.60 12 years ago. The price is down 90% since 2005, when prices hit nearly $20. (Quick: Can you think of anything else that now costs one-tenth of what it did 15 years ago?) The Energy...
  • Emissions Accomplished -- Trump Wins on Fracking

    02/15/2020 6:42:22 AM PST · by Kaslin · 34 replies
    American ^ | February 15, 2020 | Daniel John Sobieski
    After three years of apocalyptic wailing and gnashing of environmentalist teeth over President Trump’s decision to withdraw from the job and economy killing Paris Climate Accord, it is ironic that the one country that faces the brunt of criticism from climate change zealots such as Greta Thunberg is leading the world and the European Union in lowering emissions and promoting cleaner energy, such as natural gas, all the while not hurting the economy: Despite shrieks of terror from the left about how President Donald Trump’s presidency threatens the existence of Earth and thus mankind, the fact is that under his...
  • Britain's energy regulator unveils plan to rip out gas central heating from EVERY home and put 10 million electric vehicles on the road within 10 years

    02/06/2020 5:23:31 PM PST · by karpov · 60 replies
    Daily Mail ^ | February 2, 2020 | Sean Poulter
    Plans to put ten million electric vehicles on the road within ten years and rip gas central heating from every home are unveiled today. Energy regulator Ofgem has outlined how the nation will have to change the way it travels and heats homes to meet the Government’s target of net zero carbon emissions by 2050. The radical scheme to ‘greenwire’ Britain will be built around plans for a four-fold increase in electricity from wind farms around the coast. But the proposals will largely be paid for by families and businesses, adding billions of pounds to bills over the next 30...
  • NM earned $3.1B in oil, gas revenue in FY 2019

    01/17/2020 4:22:24 PM PST · by CedarDave · 18 replies
    The Albuquerque Journal ^ | January 16, 2020 | Kevin Robinson-Avila
    ALBUQUERQUE, N.M. — State revenue from oil and gas activity soared to a record $3.1 billion in fiscal year 2019, up 41% from the $2.2 billion generated the year before, according to the latest annual report from the New Mexico Tax Research Institute. Industry-generated income accounted for 39% of all general fund revenues, the highest share in recent history. The Tax Research Institute produces the annual report, released Thursday, under contract with the New Mexico Oil and Gas Association. NMOGA Executive Director Ryan Flynn said FY 2019 marked the first year that state revenue from oil and gas has ever...
  • U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

    01/13/2020 1:15:29 PM PST · by yesthatjallen · 77 replies
    Reuters ^ | 01 13 2020 | Scott DiSavino
    U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters. Power companies retired or converted roughly 15,100 megawatts (MW) of coal-fired electricity generation, enough to power about 15 million homes, according to the data, which included preliminary statistics from the Energy Information Administration and Reuters reporting. That was second only to the record 19,300 MW shut in 2015 during President Barack Obama’s administration. The replacement of coal with power generation from natural gas and renewables has...
  • Haber7 (Turkey): US "concerned" about the "Turkish stream" (Reader comments)

    01/10/2020 5:28:07 AM PST · by NorseViking
    Because of the Russian natural gas project "Turkish stream", Russian-operated nuclear power plants in Bulgaria and Turkey, the United States is concerned about the increase in Russian energy monopoly in the region. Principal Deputy assistant Secretary in the Bureau of energy resources U.S. state Department Kent Logsdon in his speech at the energy conference in Texas noted that in connection with the project "Turkish stream" nuclear power plant "Belene" in Bulgaria, his country was concerned about the increase in the concentration of Russian energy sources in the region. Logsdon, stressing that no country should depend on one "energy source", said:...
  • It’s time to repeal New Mexico’s Green New Deal

    12/31/2019 10:13:56 AM PST · by CedarDave · 9 replies
    The Albuquerque Journal ^ | December 30, 2019 | Larry Behrens
    As more New Mexicans learn the truth about the Energy Transition Act, or ETA, the less they support it. Called New Mexico’s own “Green New Deal,” the ETA will kill jobs, raise electric rates and will only enrich green energy companies at our expense. That’s why it’s time New Mexicans come together to repeal the Energy Transition Act. Not long after the ink was dry on the ETA, it was revealed how Gov. Michelle Lujan Grisham’s administration worked closely with PNM and radical environmentalists to write the law. New Mexico’s energy workers and ratepayers were left behind while “big green”...
  • The decade that blew up energy predictions

    12/25/2019 10:24:01 AM PST · by cutty · 18 replies
    Axios ^ | Dec 23, 2019 | Amy Harder, Andrew Witherspoon
    America’s energy sources, like booming oil and crumbling coal, have defied projections and historical precedents over the last decade. ... unexpectedly, ... In 2010, the U.S. Energy Information Administration projected that in 2019, the U.S. would be producing about six million barrels of oil a day. The reality? We're now producing 12 million barrels of oil a day. Meanwhile, EIA projected oil prices would be more than $100 a barrel. They're currently hovering around $60 a barrel. What’s happening: A pair of extraction methods — horizontal drilling and hydraulic fracturing — have unlocked far more oil and gas than experts...
  • A Green Rule Boomerang: California cities are violating environmental laws to ban natural gas.

    12/24/2019 5:06:42 AM PST · by karpov · 32 replies
    Wall Street Journal ^ | December 23, 2019
    Liberals use California’s stringent environmental regulations to block new oil and gas pipelines and electric power plants. So it’s no small irony that businesses are now invoking the same rules to block local bans on new natural gas hookups. Earlier this year the city of Berkeley prohibited natural gas connections in nearly all new buildings, while Windsor in Sonoma County banned natural gas in new low-rise residential buildings. Liberal groups are urging other cities to do the same, though switching to electric appliances would cost about $7,200 and increase energy bills by an average $388 per year. It also creates...
  • Trump signs off on sanctions against Nord Stream 2 Russia-Germany gas pipeline

    12/20/2019 5:50:02 PM PST · by ameribbean expat · 31 replies
    The sanctions target companies that are involved in constructing the massive energy project that will transport Russian gas supplies under the Baltic Sea and deliver them directly to Germany. Under the sanctions, the Trump administration now has 60 days to identify companies and individuals providing services on the pipeline. The sanctions allow Washington to revoke US visas and block the property of these individuals. Those targeted by the sanctions would then have 30 days to wind down their operations.
  • Behind the Boom (ABQ Journal series on NM oil production)

    12/20/2019 12:31:27 PM PST · by CedarDave · 13 replies
    The Albuquerque Journal ^ | December 8-12, 2019 | Albuquerque Journal
    A multi-part series investigating New Mexico’s energy revolution and its impact on schools, roads, water, wildlife and the state budget. Individual stories:Part 1 - Boomtown: Oil surge reshapes life in New MexicoPart 2 - NM lawmakers wrestle with a budget bonanzaSoutheast NM seeks a fair share of the oil moneyPart 3 - Oil and gas another piece in New Mexico’s water puzzleBalancing Energy Leases and Wildlife HabitatMethane emissions a numbers game in New MexicoPart 4 - Four Corners is the flip side of NM’s energy revolutionPart 5 - Major slowdown expected in U.S. shale oil production
  • Merkel declares war on Trump over Nord Stream 2

    12/20/2019 12:35:14 AM PST · by NorseViking · 117 replies
    Messenger of Caucasus ^ | December 20, 2019
    German Chancellor Angela Merkel's reaction to the U.S. possible sanctions on the Nord Stream-2 gas pipeline is a "clear declaration of war" on U.S. President Donald Trump, according to Bild newspaper. Previously, she noted that Germany was opposed to U.S. extraterritorial sanctions and will "hold very decisive talks" on the issue of U.S. sanctions against Nord Stream-2. According to Bild, Merkel's response to the Congress decision on sanctions was "clear". It was "a clear declaration of war" on Trump. The Chancellor "will not tolerate" the United States "continuing to undermine the gas pipeline project, which is backed by her," the...
  • The decision of US Congress on "Nord stream — 2" has caused a storm of indignation in Germany

    12/19/2019 12:51:44 AM PST · by NorseViking · 57 replies
    Inosmi ^ | December 19, 2019
    Declared by the us Congress the sanctions against the "Nord stream — 2" pipeline has caused a sudden and unanimous condemnation on part of the officials of Germany and the German public. First responded the foreign Minister of Germany Heiko Maas, who categorically rejected foreign intervention and sanctions. According to him, the energy policy of Europe is determined in Europe and not in USA. The decision of the Congress was criticized by the Federal Chancellor Angela Merkel. She said in the Bundestag that the German government does not accept the extraterritorial sanctions. The governor on coastal Mecklenburg-Western Pomerania Manuela Sweig...