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Keyword: petroleum

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  • Obama defends Shell Arctic drilling decision

    08/29/2015 8:52:44 AM PDT · by Libloather · 17 replies
    AFP via MSN ^ | 8/29/15 | Jérôme Cartillier
    **SNIP** The Obama administration's green light for the Anglo-Dutch oil giant angered environmental groups which have decried the "hypocrisy" of the president, who in recent months has stressed the need for aggressive actions against climate change. **SNIP** "I know there are Americans who are concerned about oil companies drilling in environmentally sensitive waters," Obama said in his weekly address, noting that the drilling leases had been purchased before he took office. "I share people's concerns about offshore drilling," he added. "I remember the BP spill in the Gulf of Mexico all too well. That's precisely why my administration has worked...
  • Obama: I'm going to Alaska for three days (More AGW BS)

    08/29/2015 9:10:28 AM PDT · by PROCON · 51 replies
    Investors.com ^ | Aug. 29, 2015 | ANDREW MALCOLM
    President Obama's weekly remarks Hi, everybody. This Monday, I’m heading to Alaska for a three-day tour of the state. I’ve been looking forward to this for a long time. Not only because Alaska is one of the most beautiful places in a country that’s full of beautiful places — but because I’ll have several opportunities to meet with everyday Alaskans about what’s going on in their lives. I’ll travel throughout the state, meeting with Alaskans who live above the Arctic Circle, with Alaska natives, and with folks who earn their livelihoods through fishing and tourism. And I expect to learn...
  • Graham: ISIS Loves Trump Seize Oil Idea

    08/28/2015 10:06:29 PM PDT · by 2ndDivisionVet · 71 replies
    Breitbart Television ^ | August 28, 2015 | Pam Key
    Friday on Newsmax TV’s “The Steve Malzberg Show,” Republican presidential candidate Sen. Sen. Lindsey Graham (R-SC) said ISIS loves his rival, Republican presidential front-runner Donald Trump’s idea of “seize oil for the benefit of America” because it would be a huge “recruiting opportunity.” Graham said, “Well number one, Donald Trump’s plan to destroy ISIS is the most ill-conceived, insanely dangerous idea I have ever heard. Worse than Obama. I never thought I would hear myself say that there is a Republican running for office that’s got a worse idea when it comes to radical Islam than Obama. So here is...
  • Judge blocks Obama EPA rule as federal power grab over state waters

    08/27/2015 2:44:50 PM PDT · by jazusamo · 28 replies
    The Washington Times ^ | August 27, 2015 | James MacPherson - Associated Press
    BISMARCK, N.D. — A federal judge in North Dakota on Thursday blocked a new Obama administration rule that would give the federal government jurisdiction over some state waterways. U.S. District Judge Ralph Erickson of North Dakota issued a temporary injunction against a the rule, which gives the U.S. Environmental Protection Agency and Army Corps of Engineers authority to protect some streams, tributaries and wetlands under the Clean Water Act. The rule was scheduled to take effect Friday. “The risk of irreparable harm to the states is both imminent and likely,” Judge Erickson said in blocking the rule from taking effect....
  • U.S. Oil Prices Post Biggest Rise on Percentage Basis Since 2009

    08/27/2015 12:54:40 PM PDT · by abb · 17 replies
    The Wall Street Journal ^ | August 27, 2015 | Christian Berthelsen
    U.S. oil prices soared 10% on Thursday, as a rally in Chinese and U.S. stocks and better-than-expected U.S. economic data prompted a rush by traders to bail out of bearish bets that the market would fall. Traders and analysts at hedge funds, banks and brokerages said supply-and-demand conditions in the oil market remained weak and there appeared to be little fundamental justification for such a strong rally, or expectations of more price gains in the near future. Rather, they said, it appeared to be set off as investors with so-called short positions that profit from falling prices closed those bets...
  • To Donald Trump: Tell EPA Poisoners “You’re Fired

    08/26/2015 8:34:15 PM PDT · by kathsua · 5 replies
    London Telegraph ^ | August 27th, 2015 | reasonmclucus
    Some irresponsible employees of the U.S. Environmental Protection Agency may have given Donald Trump an issue that could put him in the White House. Even those of us who didn’t regularly watch Trump’s television show “The Apprentice” know his signature phrase is “You’re fired”.
  • Egypt turns to Russia to combat terrorism

    08/26/2015 8:01:16 PM PDT · by Navy Patriot · 70 replies
    Yahoo News ^ | August 26,2015 | AP
    Russian President Vladimir Putin and Egyptian President Abdel-Fattah el-Sissi on Wednesday called for a coalition to combat terrorism in the Middle East. Opening a meeting with Putin in Moscow, el-Sissi said "the Egyptian people" are hoping for broader ties with Russia in all areas, particularly in fighting terrorism in the Middle East. El-Sissi's Russian visit, his second in the past three months, highlights Moscow's attempts to expand its influence in Egypt at a time when Egyptian-U.S. relations have soured in the aftermath of the ouster of Islamist President Mohammed Morsi.
  • NASA sees unavoidable sea level rise ahead

    08/26/2015 1:46:25 PM PDT · by NormsRevenge · 53 replies
    AFP on Yahoo News ^ | 8/26/15 | Kerry Sheridan
    Miami (AFP) - Sea levels are rising around the world, and the latest satellite data suggests that three feet (one meter) or more is unavoidable in the next 100-200 years, NASA scientists said Wednesday. Ice sheets in Greenland and Antarctica are melting faster than ever, and oceans are warming and expanding much more rapidly than they have in years past. Rising seas will have "profound impacts" around the world, said Michael Freilich, director of NASA's Earth Science Division. "More than 150 million people, most of them in Asia, live within one meter of present sea level," he said. Low-lying US...
  • Oil’s Down, Gasoline Isn’t — What’s Up With That?

    A little more than a year ago, oil prices were above $100 a barrel. The national average for gasoline was in the $3.50 range. In late spring, oil was $60-ish and the national average for gas was around $2.70. The price of a barrel of oil has plunged to $40 and below—yet, prices at the pump are just slightly less than they were when oil was almost double what it is today. Oil and gasoline prices usually travel up or down in sync. But a few weeks ago the trend lines crossed and oil continued the sharp decline while gasoline...
  • Feds Tell Teachers To Push Renewable Energy in Class -- Kids Can ‘Save the Planet’

    08/25/2015 9:03:22 AM PDT · by rktman · 24 replies
    cnsnews.com ^ | 8/24/2015 | Penny Starr
    Teachers heading back to the classroom will be adding renewable energy to the curriculum to mold future “energy leaders to save the planet,” thanks to a summer training program run by the Department of Energy (DOE) and the Smithsonian Science Education Academies for Teachers. “By teaching the teacher, events like this one make a powerful impact on public understanding of America’s energy needs,” states a back-to-school announcement [1]posted on the DOE website earlier this month. “This year’s academy has just graduated a pool of motivated teachers, ready to arm the next generation of energy leaders to save the planet!” said...
  • Mankind threatened by global cooling, not warming

    08/25/2015 7:54:08 AM PDT · by rktman · 37 replies
    wnd.com ^ | 8/25/2015 | Bob Unruh
    As the Obama administration creates policy based on the premise that the planet is warming, more and more scientists are concluding the real danger is global cooling. One recently painted this scenario: Food shortages from crop failures brought on by cold weather during the summers will produce civil unrest, as in “huge civil unrest.” “There’s no question of will it occur … but exactly when,” said David Dilley, a former NOAA meteorologist and the current senior research scientist at Global Weather Oscillations. He gave a presentation recently on “Mind Your Own Business TV” with Debi Davis.
  • The green mirage—and con job

    06/28/2015 5:28:58 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 06/28/15 | Paul Driessen & Tom Tamarkin
    Musk, Schmidt, Simons and billionaire buddies build empire based on climate and energy BS Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty. It matters not that the predicted calamities are not happening. There has been no warming in 19 years, no category 3-5 hurricanes making US landfall for a record 9-1/2 years, indeed none of the over-hyped...
  • The week that was: George Soros and Tom Steyer take their lumps

    08/22/2015 3:30:10 PM PDT · by Twotone · 6 replies
    California Watchdog ^ | Aug. 21, 2015 | Rob Nikolewski
    It’s been a bad week for billionaires and climate change activists Tom Steyer and George Soros. Soros is being labeled a hypocrite for making a $2 million investment in coal while Steyer is catching flak after an investigation by Associated Press revealed that a California proposition Steyer backed in 2012 has not translated into the green energy generation and jobs that were promised.
  • Islamic Leaders Want A Jihad Against Global Warming

    08/22/2015 12:49:46 PM PDT · by aquila48 · 18 replies
    Daily Caller ^ | 08/20/2015 | Michael Bastasch
    A group of influential Muslims is calling on others of their faith to wage a jihad on global warming, and is calling on Islamic governments to reduce their use of fossil fuels ahead of the United Nations climate summit in Paris this year. “Excessive pollution from fossil fuels threatens to destroy the gifts bestowed on us by God, whom we know as Allah – gifts such as a functioning climate, healthy air to breathe, regular seasons, and living oceans,” wrote Islamic leaders from 20 countries after attending a summit in Istanbul, Turkey. “We are driven to conclude from these warnings...
  • Apple and Google Pour Billions Down a Green Drain

    08/22/2015 1:24:58 PM PDT · by Brad from Tennessee · 17 replies
    Watts Up with That? ^ | August 22, 2015 | By Steve Goreham
    Business has been captured by Climatism, the belief that humans are causing dangerous global warming. Leading businesses announce plans to reduce carbon dioxide emissions, purchase renewable energy, use vehicle biofuels, and buy carbon credits. But there is no evidence that commercial policies to “fight” climate change have any measureable effect on global temperatures. Apple and Google, the darling companies of the millennial generation, have spent billions trying to halt global warming. Apple has brought us the Mac personal computer, the I-Phone, the I-Pad, and other trend-setting electronic devices, becoming the world’s highest-valued company. Google has been called the most innovative...
  • Non-Interventionism is America’s Best Policy

    08/22/2015 11:35:28 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | August 22, 2015 | Paige Lewis
    Americans do well with moderation. It is in our national DNA. It is also a by-product of the freedom of expression and allowing different perspectives in the public forum. In foreign policy, non-interventionism is the moderate stance, and it has served Americans well in her four hundred or so years. As British subjects, American colonists were compelled to fight for the British crown, until they felt compelled to defend themselves against the king’s army. After centuries of European conflicts dragging Americans into war, national independence yielded a non-interventionist foreign policy for the infant nation. George Washington advised in his farewell...
  • Donald Trump Says Global Warming Is a Hoax

    08/21/2015 10:31:30 AM PDT · by Red Steel · 102 replies
    weupit ^ | August 21, 2015 | James Planas
    Donald Trumps winning position among Republican presidential candidates in Iowa’s CNN/ORC poll should prompt us to pay more attention to what he really says and does. And it’s not about some controversial comments that provide him with the cover page of a national news magazine, but words which can show us his true opinions on the most important national and global issues. One of these matters is the subject of global warming, and if you agree that it truly exists, you won’t be happy to know what Trump has to say. urnalists from Think Progress took a look at the...
  • Next Texas Energy Boom: Solar.Companies are spending $1 billion on new projects

    08/21/2015 6:39:09 AM PDT · by bestintxas · 24 replies
    wsj ^ | 8/21/15 | r gold
    A new energy boom is taking shape in the oil fields of west Texas, but it’s not what you think. It’s solar. Solar power has gotten so cheap to produce—and so competitively priced in the electricity market—that it is taking hold even in a state that, unlike California, doesn’t offer incentives to utilities to buy or build sun-powered generation. Pecos County, about halfway between San Antonio and El Paso and on the southern edge of the prolific Permian Basin oil field, could soon host to several large solar-energy farms responsible for about $1 billion in investments, according to state tax...
  • Oil falls near $39 per barrel

    08/21/2015 10:14:04 AM PDT · by thackney · 37 replies
    Fuel Fix ^ | August 21, 2015 | Robert Grattan
    U.S. oil fell closer to $39 per barrel on Friday, as traders continued a rout that is likely to hand the next-month contract its longest string of consecutive weekly losses since the bust of 1986. Fears that China’s economy may be sputtering and signals that global production is on the rise have driven oil lower for the past seven weeks, and barring a large recovery Friday, soon to be eight weeks. Those concerns combined once more on Friday as an early economic indicator in China came in at a six-year low. “(China’s) stock market problems, their currency problems, all these...
  • Russian ruble hits 75 to the euro as slide worsens

    08/21/2015 1:00:14 AM PDT · by elhombrelibre · 22 replies
    AFP ^ | 20 Aug 15 | Unknown
    Moscow (AFP) - Russia's battered ruble fell Thursday on the back of weaker oil prices to more than 75 to the euro for the first time in over six months, deepening its recent decline. The ruble also tumbled against the dollar to near 67.44, its weakest against the greenback since February. Russia's currency has fallen more than 20 percent against the dollar in the past two months, sparking fears of more instability after a period of relative recovery. Russia's economy has slumped into recession amid lower oil prices and Western sanctions over the Ukraine crisis.
  • Climatologist: We Have a ‘Moral Imperative’ to Burn Fossil Fuels

    08/21/2015 7:14:33 AM PDT · by Olog-hai · 13 replies
    Cybercast News Service ^ | August 20, 2015 | 4:54 PM EDT | Barbara Hollingsworth
    We have a “moral imperative” to burn carbon dioxide-emitting fossil fuels because the energy they provide is a “liberator” of humanity, says Dr. John Christy, a climatologist and director of the Earth System Science Center at the University of Alabama, Huntsville. “We are not morally bad people for taking carbon and turning it into the energy that offers life to humanity in a world that would otherwise be brutal,” Christy wrote in a recent op-ed. “On the contrary, we are good people for doing so.” He also challenged what he says are contradictions in Pope Francis’ encyclical, Laudato Si, in...
  • U.S. oil CEO Hamm goes out on a limb, scraps hedges

    11/06/2014 5:24:50 AM PST · by ryan71 · 19 replies
    Reuters ^ | 11/06/2014 | Ernest Scheyder, Jonathan Leff and Jessica Resnick-Ault
    WILLISTON N.D. (Reuters) - Harold Hamm, the chief executive of North Dakota oil producer Continental Resources Inc , has stunned a bearish crude market by scrapping all of the company's hedges - a bold bet that prices will recover soon after sliding some 25 percent. Related Stories [$$] Saudi Oil Price Cut Scrambles Market The Wall Street Journal Saudi price cuts send New York oil prices to 3-year low AFP [$$] Saudi Price Cut Upends Oil Market The Wall Street Journal Gulf oil producers seen riding out price plunge AFP [$$] Occidental Petroleum’s Profit Falls 24% The Wall Street Journal...
  • Lightning Strikes Valero Texas City Refinery, Fire Erupts

    08/20/2015 10:00:59 AM PDT · by thackney · 20 replies
    Oil Pro ^ | 8/20/2015 | Jeff Reed
    Lightning struck an electrical transformer at the Valero refinery in Texas City Thursday morning, causing a fire. Officials with Texas City Office of Emergency Management (OEM) told Houston's ABC affiliate Channel 13 that the lightning strike occurred just before 6:20 am CST this morning. Firefighters on the scene told local media that there is currently oil burning inside of a container at the facility. Derek Duckett, Texas City Emergency Management Coordinator, told the Houston Chronicle that firefighters can't douse the fire with water due to the potential danger from electrical shock. They are now containing the fire to the transformer...
  • Head of EPA Admits Climate Regulations Will Hit Low-Income Minority Families Hardest

    08/20/2015 6:17:16 AM PDT · by AT7Saluki · 13 replies
    Daily Signal ^ | 8/19/15 | Nicolas Loris
    The chief environmental regulator in the United States had some blunt words of reality regarding the administration’s climate change regulations. The Clean Power Plan that will require drastic cuts in 47 states’ carbon dioxide emissions – consequently shifting America’s energy economy away from affordable, reliable coal – will adversely impact poor, minority families the most. When speaking about the higher energy prices caused by the administration’s climate regulations on power plants, Environmental Protection Agency Administrator Gina McCarthy said, “We know that low-income minority communities would be hardest hit.”
  • The Real Winner Of Obama’s ‘War On Coal': George Soros

    08/20/2015 3:54:07 AM PDT · by markomalley · 21 replies
    Daily Caller ^ | 8/19/15 | Michael Bastasch
    The real winner of President Barack Obama’s so-called “war on coal” isn’t the EPA, nor is it the natural gas industry. It’s liberal billionaire George Soros.Last week, Obama’s EPA announced sweeping regulations for U.S. power plants, forcing them to drastically reduce carbon dioxide emissions 32 percent by 2030. The news sent shockwaves through the coal industry, sending stocks tumbling and forcing the industry’s two biggest players to consider bankruptcy filings.That’s where liberal billionaire Soros steps in. In the days after the Clean Power Plan was announced, Soros bought more than 1 million shares of Peabody Energy and 553,200 shares of...
  • Donald Trump to CNN: ‘I’m Gonna Have to Scare the Pope’

    08/20/2015 8:50:50 AM PDT · by E. Pluribus Unum · 25 replies
    Young Conservatives ^ | 08/20/2015 | Michael Cantrell
    At this point in the GOP primary race, with several months of Donald Trump constantly speaking his mind sans filter, can we really, honestly say that anything coming out of his mouth is shocking or surprising? You wouldn’t think so, but yet somehow, The Donald finds a way to still maintain political “shock jock” status with his comments. During an interview with CNN, anchor Chris Cuomo asked Trump how he would respond to Pope Francis saying capitalism is “toxic.” Here’s how the real estate mogul responded. From TheBlaze: When CNN host Chris Cuomo ssked GOP presidential candidate Donald Trump how...
  • Citigroup report: Worries of $33 oil leaving markets “nervy”

    08/20/2015 7:43:09 AM PDT · by thackney · 22 replies
    Fuel Fix ^ | August 19, 2015 | Jordan Blum
    There’s a “conceivable reality” U.S. oil prices may plummet to a new 11-year low of $33 a barrel or lower this year, according to a Citigroup report released Wednesday as oil prices dipped to a six-year low near $40.50 per barrel. The new “How low can oil go?” report contends that capital markets are “getting nervy” and one of the only ways to stop this downward trend is for North American shale companies to lose more access to capital during the next phase of borrowing negotiations in October, called redetermination. In February 2009, closing U.S. oil prices last bottomed out...
  • Fake but Accurate: Leading science publisher retracts dozens of papers for fake peer reviews

    08/20/2015 7:52:15 AM PDT · by SeekAndFind · 17 replies
    Hotair ^ | 08/20/2015 | Jazz Shaw
    Springer Publishing, one of the world’s leading publishers of Science, Technology and Medicine (STM) books and journals, issued an announcement this week that 64 different professional articles, primarily in the medical field, had been retracted. It turns out that the vaunted peer review process, designed to ensure that multiple sets of experts evaluate the quality of the work before it hits the presses, had fallen apart. The peer reviews in some cases were found to be “highly suspicious” with bogus email addresses and questionable credentials. Springer confirms that 64 articles are being retracted from 10 Springer subscription journals, after...
  • Robert Menedez floats ‘strategic’ crude exports

    08/20/2015 7:59:36 AM PDT · by thackney · 1 replies
    Fuel Fix ^ | August 19, 2015 | Jennifer A. Dlouhy
    The United States should consider allowing “strategic” crude exports to allies abroad while renegotiating the nuclear deal with Iran, Sen. Robert Menendez said. The New Jersey Democrat’s comments, part of a speech Tuesday at Seton Hall University to explain his opposition to the agreement, marked a shift in his approach to oil exports. Menendez historically has opposed moves to loosen the longstanding ban on exporting U.S. crude. But on Tuesday, Menendez highlighted oil exports as a geopolitical tool — a way for U.S. oil to compete in markets that might be customers for Iranian crude if the nuclear accord is...
  • Donald Trump supports the Keystone pipeline

    08/18/2015 8:43:43 PM PDT · by WilliamIII · 10 replies
    CNN ^ | aug 18 2015 | Theodore Schleifer
    The Republican frontrunner joined the rest of the GOP field in saying that he would support the North American pipeline. "If I am elected President I will immediately approve the Keystone XL pipeline. No impact on environment & lots of jobs for U.S." Trump tweeted Tuesday afternoon.
  • China to start build of 4th generation nuclear reactor-- maybe w/help from Gate's Terrapower

    08/16/2015 8:30:52 PM PDT · by ckilmer · 11 replies
    nextbigfuture.com ^ | August 16, 2015
    August 16, 2015 China will start construction of a 600 MWe fourth generation nuclear reactor and it could be Terrapower traveling wave reactor china, energy, future, microsoft, nuclear, science, technology Facebook Twitter linkedin google Reddit Construction of the Xipu fast neutron reactor nuclear power demonstrative project in east China's Fujian province is designed to start at the end of 2017, China Business News quoted Xu Mi, an academician with Chinese Academy of Engineering, as saying. The demonstrative nuclear power project, designed with 600,000kw (600 MWe) installed capacity, will be a fourth generation reactor designs. The Shanghai newspaper speculated that this...
  • In Iowa, Carson calls for phasing out agriculture subsidies in 10 years

    08/16/2015 5:59:34 PM PDT · by markomalley · 40 replies
    Washington Examiner ^ | 8/16/15 | Joseph Lawler
    Ben Carson isn't pandering to voters in Iowa, telling them Sunday that he would phase out agricultural subsidies if elected president. The Republican candidate, however, said that he would allow 10 years for the policy to take effect. "Particularly when you're talking about renewable fuel standards and things, there are a lot of promises that have been made that really extend all the way out to 2022, and people have made plans based on those kind of things," Carson said Sunday. "You can't just pull out the rug out from under people." The reform was just one of several Carson...
  • Hundreds Of Thousands Take To The Streets In Brazil Demanding President's Impeachment

    08/16/2015 11:51:58 AM PDT · by SeekAndFind · 23 replies
    Zero Hedge ^ | 08/16/2015 | Tyler Durden
    Protests are underway in Brazil as hundreds of thousands take to the streets to call for the impeachment of President Dilma Rousseff. Here's Bloomberg: An estimated 25,000 protesters in Brasilia marched toward Congress, chanting against Rousseff and corruption, carried a long banner demanding “Impeachment Now.” Rouseff monitored proceedings from her official residence, due to meet with some of her cabinet in the afternoon, said Justice Minister Jose Eduardo Cardozo. Protest in #Rio #Brazil: "Military intervention is not a crime" via @tariqpanja UNBELIEVABLE. pic.twitter.com/S8kcJmUJnq— juliana barbassa (@jbarbassa) August 16, 2015 Background: was chairwoman from 2003 to 2010. When the world’s foremost...
  • Supplement that makes cows less flatulent could help fight climate change ...

    08/16/2015 11:43:43 AM PDT · by Zakeet · 37 replies
    (UK) Daily Mail ^ | August 14, 2015 | Ellie Zolfagharifard
    Complete Headline: Supplement that makes cows less flatulent could help fight climate change: Drug cuts methane gas by 30 per cent, say scientists Cows have a huge flatulence problem that is damaging the planet. They produce methane - a greenhouse gas which is 23 times more potent than carbon dioxide in trapping heat in the atmosphere Last year, the Obama administration said that it would make a multi-pronged attack on cow flatulence in an attempt to cut emissions. Now, one group of scientists believes it has come up with a solution; adding a special supplement to cows' feed to cut...
  • Trump: Saudi Arabia 'should pay us'

    08/16/2015 8:37:16 AM PDT · by jimbo123 · 46 replies
    The Hill ^ | 8/16/15 | Mark Hensch
    GOP presidential candidate Donald Trump said on Sunday that Saudi Arabia is not properly compensating America for its diplomatic partnership. Trump called on Riyadh to share its vast wealth with the U.S. in exchange for the alliance between the two nations. “They make a billion dollars a day,” he told host Chuck Todd on NBC’s “Meet the Press.” “Saudi Arabia, if it weren’t for us, they wouldn’t be here,” Trump said. “They wouldn’t exist.” “They should pay us,” he added. “Like it or don’t like it, people have backed Saudi Arabia. What I really mind though is we back it...
  • Russia pledges to veto any anti-Iran sanctions resolution (so much for 'snapback')

    08/15/2015 3:43:27 PM PDT · by Dave346 · 11 replies
    PressTV ^ | Sat Aug 15, 2015 12:31AM
    Russia, a veto-wielding permanent member of the United Nations Security Council, has pledged to block any future attempts by the UN to hit Iran with fresh sanctions. "When Resolution 1929, the last series of sanctions resolutions, was adopted… we made it clear behind closed doors to our US and EU colleagues that Russia will not let another sanctions resolution against Iran be passed," Russian Deputy Foreign Minister Sergei Ryabkov told reporters on Friday. Resolution 1929 was approved by the Security Council in June 2010, banning the supply of conventional weapons to Iran. It resulted in the suspension of Russia’s contract...
  • EPA’s Clean Power Plan Contains Antipoverty Transfer Programs

    08/15/2015 5:44:43 AM PDT · by markomalley · 9 replies
    Washington Free Beacon ^ | 8/14/15 | Ali Meyer
    The Environmental Protection Agency’s (EPA) Clean Power Plan, which aims to reduce carbon pollution, contains an antipoverty transfer program to help offset the harm it does to the poor, a Wall Street Journal editorial explained.According to WSJ, the EPA has stated that they are concerned about low-income communities and wants to ensure that they benefit from the implementation of their regulations.“At the federal level, the EPA is creating a program that gives twice as large a subsidy for renewable and efficiency projects that are built in inner-city neighborhoods and disadvantaged rural areas,” states the article. “There will be job retraining...
  • Like Cheap Natural Gas? Obama’s Clean Power Plan Will Regulate It Out of Existence

    08/14/2015 12:17:54 PM PDT · by Kaslin · 12 replies
    Townhall.com ^ | August 14, 2015 | Isaac Orr
    U.S. households are saving hundreds of dollars a year because natural gas prices are low, but that’s about to change. Astudy by NERA Economic Consulting has found new regulations on power plants mandated by the Environmental Protection Agency’s Clean Power Plan (CPP) will increase natural gas prices to 2007 levels, virtually guaranteeing these savings will soon be wiped out. A study by the Brookings Institution found natural gas prices have plummeted as horizontal hydraulic fracturing, also known as horizontal “fracking,” has caused U.S. natural gas production to skyrocket to all-time highs, making the United States the world’s top producer of...
  • Obama’s Progressivism Requires A Zionistrein Democratic Party

    08/14/2015 10:00:44 AM PDT · by fredericbastiat1 · 8 replies
    Benweingarten.com ^ | 2015-10-13 | Ben Weingarten
    The progressive movement that has overtaken the Democratic Party gains its moral authority in a morally relativistic world in part based on its support of the “oppressed” over the “oppressor.” As Joshua Muravchik ably argues in his Making David Into Goliath, in this construct, Israel has morphed into the oppressor, swapping roles with the Muslim countries that have wished to destroy her from the time of her founding. The Leftist-Jihadist nexus of which Andy McCarthy writes, on display from elite college campuses to the president’s cabinet, is perhaps stronger than it has ever been. It believes in punishing the ultimate...
  • Drivers Outraged as Gas Prices Soar While Oil Prices Plummet

    08/14/2015 9:28:43 AM PDT · by Citizen Zed · 52 replies
    Time.com/money ^ | 8-14-2015 | Brad Tuttle
    Prices at some gas stations spiked 50˘ overnight. Earlier this week, analysts proclaimed that $2 gas would be common once again around the U.S. Global oil prices are cratering, nearing $40 per barrel, and shrinking wholesale rates can only result in lower prices at the pump. Or so one would think. Despite plunging oil prices, drivers throughout the Midwest have been subjected to dramatic price spikes at gas stations this week. In Cincinnati, for instance, the price for a gallon of regular increased more than 40˘ overnight at some stations. Less than two weeks after analysts predicted average prices in...
  • Venezuela Says Pushing for OPEC, Russia Action to Stem Oil Fall

    08/12/2015 5:45:21 AM PDT · by thackney · 24 replies
    Rig Zone ^ | August 12, 2015 | Reuters
    Cash-strapped Venezuela is pushing for an emergency OPEC meeting and joint coordination with Russia to stem a tumble in oil prices, President Nicolas Maduro said on Tuesday night. "We're working towards a special OPEC meeting, in coming days we'll announce .... We're making contacts with OPEC governments," Maduro said during an hours-long televised broadcast. "We're evaluating the possibility that a very high ranking OPEC meeting be called, and that in coordination with the Russian Federation, President Vladimir Putin, we can advance in taking a series of actions to defend the oil market in the face of this latest fall," he...
  • Venezuelan Strongman Wants to Seize 2/3 of Neighboring Guyana

    08/08/2015 4:17:24 PM PDT · by GoneSalt · 49 replies
    The New American ^ | 8/7/2015 | Alex Newman
    Apparently all of that “anti-imperialist” rhetoric from Caracas was just a farce for public consumption. As Venezuela’s economy implodes amid skyrocketing inflation and crippling shortages of practically everything, Socialist strongman Nicolás Maduro (shown) has a new plan to prop up his imploding regime: annex two thirds of neighboring Guyana’s territory and almost one third of its population. The area eyed by Maduro’s autocracy is especially noteworthy now that potentially lucrative oil deposits have been discovered offshore. Unsurprisingly, a powerful alliance of the region’s socialist strongmen and their allies has sided with the regime in Venezuela. Talk of war is escalating....
  • Barack Obama’s quiet war on oil

    08/14/2015 6:34:53 AM PDT · by C19fan · 13 replies
    Politico ^ | August 14, 2015 | Elana Schor
    President Barack Obama’s enemies have long accused him of waging a “war on coal.” But a very different war on oil and gas is coming next. The newest phase of Obama’s environmental agenda has the oil and natural gas industry in its crosshairs, with plans to curb greenhouse gas pollution from rigs and refineries, tighten oversight of drilling on public lands and impose a strict ozone limit that industry lobbyists slam as “the most expensive regulation ever.”
  • Putin does a self-goal by destroying EU-origin food

    08/13/2015 6:16:42 AM PDT · by Hombre Malevo · 1 replies
    Strafor ^ | 08/13/2015 | George Friedman
    Russia's standard of living is being tested by Moscow's attempt to prove a point to the West. Despite the rampant criticism, the Russian government is standing behind its move to limit illegal food imports
  • Vultures circling Hillary: Al Gore insiders talking up potential run

    08/13/2015 3:12:42 PM PDT · by 2ndDivisionVet · 67 replies
    Legal Insurrection ^ | August 13, 2015 | Professor William A. Jacobson
    Politically wounded presumptive nominee staggering in the desert of her email scandal.Hillary is politically wounded by her never-ending email scandal, which keeps sucking the life out of her favorability ratings, and has Democrats panicked with fear: “I’m not sure they completely understand the credibility they are losing, by the second,” said one Democratic strategist, who spoke on the condition of anonymity. “At some point this goes from being something you can rationalize away to something that becomes political cancer. And we are getting pretty close to the cancer stage, because this is starting to get ridiculous.” “Look, this is a...
  • Tom Steyer wants to know why the gas prices he jacked up are so high

    08/13/2015 10:47:23 AM PDT · by rktman · 58 replies
    hotair.com ^ | 8/13/2015 | Jazz Shaw
    Billionaire liberal activist Tom Steyer wants to be the next governor of California, at least according to west coast insiders. (Why on Earth anyone would want that job at this moment in history remains a mystery for the ages.) If you’re going to be the governor you’re going to have to investigate all sorts of things and solve the problems facing the state. One of these issues is the high cost of gasoline, some of the priciest in the nation. That’s got consumers seeing red and Steyer plans to get to the bottom of it. (LA Times)
  • Indians say EPA trying to swindle them in mine spill

    08/12/2015 2:21:43 PM PDT · by george76 · 61 replies
    Washington Times ^ | August 12, 2015 | Stephen Dinan
    The EPA is trying to cheat Navajo Indians by getting them to sign away their rights to future claims from the agency’s Gold King Mine disaster, tribal officials charged Wednesday, adding more to the administration’s public relations problems over the spill that threatens critical Southwest waterways. EPA officials were going door-to-door asking Navajo, some of whom don’t speak English as their primary language, to sign a form that offers to pay damages incurred so far from the spill, but waiving the right to come back and ask for more if their costs escalate or if they discover bigger problems, ......
  • Chinese Devaluation Extends To 3rd Day - Yuan Hits 4 Year Low, Japan Escalates Currency Race

    08/12/2015 9:03:30 PM PDT · by tcrlaf · 32 replies
    Zerohedge ^ | 8-12-2015 | Durden
    The "one-off" adjustment has now reached its 3rd day as The PBOC has now devalued the Yuan fix by 4.65% back to July 2011 lows. The PBOC seeks to reassure... -CHINA PBOC SAYS YUAN REMAINS STRONG CURRENCY IN LONG-TERM -PBOC SAYS THERE IS DEMAND FOR DEVALUATION OF YUAN VS USD -PBOC CHANGE OF YUAN MECHANISM RELATED TO JULY CREDIT: ZHANG -PBOC SAYS YUAN CHANGE IS BENEFICIAL TO LONG TERM STABILITY -PBOC SAYS YUAN EXCHANGE RATE ADJUSTMENT ALMOST COMPLETED *YUAN RATE ADJUSTMENT POSITIVE TO CONFIDENCE IN YUAN: PBOC'S YI *NEW YUAN MECHANISM `POSITIVE' TO INTERNATIONALIZATION: PBOC YI *PBOC SAYS NO BASIS...
  • Letter to Editor PREDICTED COLORADO EPA SPILL So EPA Could Secure Superfund Status

    08/12/2015 6:44:52 AM PDT · by Hojczyk · 90 replies
    Gateway Pundit ^ | August 12, 2015 | Jim Hoft
    Last Wednesday, a small EPA-supervised work crew inspecting the Gold King mine accidentally knocked a hole in a waste pit, releasing at least three million gallons of acidic liquid laden with toxic heavy metals. (ABC) This letter to editor, posted below, was published in The Silverton Standard and The Miner local newspaper, authored by a retired geologist, one week before EPA mine spill. The letter detailed verbatim, how EPA officials would foul up the Animas River on purpose in order to secure superfund money. It the Gold King mine was declared a superfund site it would essentially kill future development...
  • EPA Employees Load Obama, Dems With Dough

    08/12/2015 8:54:53 AM PDT · by Hojczyk · 16 replies
    The Daily Caller ^ | August 11, 2015 | KATHRYN WATSON
    Environmental Protection Agency employees are supposed to work in a non-partisan way but that hasn’t kept them from donating more than a quarter of a million dollars to Democrats in recent elections, a Daily News Caller Foundation analysis has found. Data compiled by OpenSecrets.org shows that in the 2012 and 2014 election cycles, contributors who listed EPA as their employer gave 90 percent, or $331,174, of their total federal campaign donations to Democrats, and just nine percent, or $32,891, to Republicans. Those numbers may actually understate the number of EPA employees making political contributions because the analysis doesn’t include those...