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Keyword: energy

Brevity: Headers | « Text »
  • US running out of room to store oil; price collapse next?

    03/03/2015 10:46:56 AM PST · by Red Badger · 79 replies
    Yahoooooo ^ | 03-03-2015 | By JONATHAN FAHEY
    The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country's main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported last week. If this keeps up, storage tanks...
  • First came the frackers, then came the earthquakes

    ~snip~ It wasn't always like this. Between 1978 and 2008, Oklahoma averaged fewer than two significant earthquakes per year. In 2014, that number had spiked to 585, including 19 that measured a powerful 4.0 magnitude or stronger...
  • Magellan Midstream and Plains All American plan crude line from Colorado

    03/03/2015 5:52:14 AM PST · by thackney · 1 replies
    Fuel Fix ^ | March 2, 2015 | Robert Grattan
    Magellan Midstream Partners and Plains All American Pipeline are teaming up on a new $850 million, 550-mile pipeline to carry crude oil from Colorado to Cushing, Oklahoma. The new pipeline, called the Saddlehorn, will be built and owned by the Saddlehorn Pipeline Co., a 50-50 joint venture between the two companies. In an announcement Friday, Plains and Magellan said the new line has binding commitments from producers Noble Energy and Anadarko Petroleum Corp., and that Anadarko has an option to obtain a 20 percent stake in the venture. The line could be in service by mid-2016 if permitting and construction...
  • Oil production in federal Gulf of Mexico expected to continue increasing

    03/03/2015 5:29:25 AM PST · by thackney · 7 replies
    Energy Information Administration ^ | MARCH 3, 2015 | Energy Information Administration
    Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels per day (bbl/d) in 2015 and 1.61 million bbl/d in 2016, or about 16% and 17% of total U.S. crude oil production in those two years, respectively. The forecasted production growth is driven both by new projects and the redevelopment and expansion of older producing fields. Five deepwater projects began in the last three months of 2014: Stone Energy-operated...
  • Warren Buffett criticizes Keystone XL delay, says U.S. 'thumbing nose' at Canada

    03/02/2015 6:50:21 PM PST · by thackney · 41 replies
    Calgary Herald ^ | 03.01.2015 | ALEXANDER PANETTA
    The Keystone XL pipeline got an emphatic endorsement Monday from a powerful backer of President Barack Obama who questioned the handling of the file. To billionaire investor Warren Buffett, the delay is a thumbing of the nose at Canada. "I would have passed Keystone," Buffett said in an interview with CNBC. "I think that we have an enormous interest in working with Canada, as they have in working with us. That oil is going to get sold. If we make it more difficult for them, who knows how they'll feel about making things more difficult for us someday." Because Buffett...
  • Why Oil Rig, Budget Cuts Will Be Slow To Curb Shale

    03/02/2015 1:16:31 PM PST · by gogeo · 2 replies
    Investors Business Daily ^ | Feb 27, 2015 | Gillian Rich
    While U.S. shale producers have slashed billions of dollars from capital budgets and taken more than 600 oil rigs offline since October, it may be several months before production actually falls as companies focus on their most efficient wells. Read More At Investor's Business Daily: http://news.investors.com/business/022715-741288-us-oil-spending-down-but-production-slow-to-fall.htm#ixzz3TGVUN2zT Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
  • Upstate towns threatening to secede from New York

    03/02/2015 9:49:11 AM PST · by GrandJediMasterYoda · 30 replies
    NY Post ^ | 3/2/15 | By Leonard Greene
    Upstate towns threatening to secede from New York By Leonard Greene More than a dozen upstate towns are threatening to try to secede from New York and become part of Pennsylvania because of projected economic losses over Gov. Andrew Cuomo’s decision to ban fracking. The town leaders from New York’s Southern Tier region said they would be better off in the Keystone State after Cuomo put the kibosh on natural-gas drilling here. Towns on both sides of the state border have the same geology, but only the businesses in Pennsylvania, where fracking is allowed, have been thriving, said officials from...
  • Fact-checker calls out Obama for saying Keystone ‘bypasses’ US

    03/02/2015 10:54:14 AM PST · by jazusamo · 20 replies
    Fox News ^ | March 2, 2015
    President Obama earned a double-barreled rebuke Monday from The Washington Post's fact-checker, for repeating a faulty claim that the Keystone XL pipeline "bypasses" the U.S. -- and for saying it would only carry "Canadian oil." The president made the claims in an interview last week with WDAY of Fargo, N.D. Obama continued to downplay the impact of the Canada-to-Texas oil pipeline, just days after vetoing a bipartisan-backed bill that would approve the construction project. Senate Majority Leader Mitch McConnell, R-Ky., has teed up a vote to override that veto later this week. In the local interview, Obama said: "I've already...
  • Scott Walker wants to end funding for renewable energy program - UW-Madison needs to prioritize

    03/02/2015 10:12:34 AM PST · by Cincinatus' Wife · 18 replies
    Milwaukee Journal Sentinel ^ | March 2, 2015 | By Thomas Content and Lee Bergquist
    ......UW officials say that Walker's proposal to end funding for the bioenergy program would cripple broader energy-development research that is receiving $25million annually from the federal Department of Energy."I can't honestly say how we would replace it at this point,"said Michael Corradini,director of the Wisconsin Energy Institute at UW-Madison,which derives 90% of its funding from the bioenergy program...In 2007,Wisconsin landed the Great Lakes Bioenergy Research Center—the first federal research center the state had attracted in decades. The center received an initial five-year,$125 million grant from the U.S. Department of Energy.It was part of a $375 million package by the administration...
  • Why Keystone stays alive

    03/02/2015 5:54:20 AM PST · by rellimpank · 2 replies
    Chicago Tribune ^ | 02 mar 2015
    President Barack Obama last week vetoed legislation that would have greenlighted the Keystone XL pipeline, linking Canadian oil sands to the U.S. Gulf Coast. The Senate lacks the votes to override Obama's veto. Yet Keystone isn't dead. Both Democrats and Republicans have an interest in keeping this political football in play. Someday, we hope, the pipeline will be built. But that day won't come any time soon — and perhaps never during Obama's dwindling presidency. In his veto message, Obama asserted that he hasn't decided whether Keystone should be built or not. Obama said he was using his veto pen...
  • Lawmakers may end tax break on jet fuel, to Delta’s dismay

    03/02/2015 5:26:46 AM PST · by thackney · 7 replies
    Fuel Fix ^ | March 1, 2015 | Associated Press
    Georgia lawmakers may eliminate a tax break for all airlines buying jet fuel at the world’s busiest airport. A bill filed in the House would cut the exemption at Atlanta’s Hartsfield Jackson Airport. Supportive lawmakers say it would help the state get federal money for aviation improvements throughout the state. They also argue the credit shouldn’t be kept in place forever....
  • Lithuania signs US deal to replace Russian gas

    03/01/2015 6:28:08 PM PST · by WhiskeyX · 31 replies
    Yahoo! ^ | 28 February 2015 | AFP
    Lithuania said Saturday it had signed a trade agreement to buy liquified natural gas from the United States in a move aimed at reducing the EU Baltic state’s heavy dependence on Russian gas deliveries. Under the deal with Houston-based Chenier Energy company, the first LNG fuel is expected to arrive in Lithuania as early as next year, state-owned company Litgas said in a statement.
  • Tesla should stop accepting subsidies says WSJ

    03/01/2015 6:40:39 PM PST · by thackney · 45 replies
    ecomento.com ^ | February 25, 2015 | STEVE HANLEY
    The European edition of The Wall Street Journal has said in an editorial that Tesla Motors should stop accepting federal and state subsidies. “Last year Tesla made a roughly $150 million killing from selling ZEV credits. That’s up from $130 million in 2013, $32 million in 2012, and $3 million in 2011. All told in 2014 Tesla sold about $216 million in credits,” the newspaper said. It goes on to say, Capitalism needs visionaries, but its reputation suffers when companies worth billions soak middle-class taxpayers for profits. Turn off the taxpayer tap, Mr Musk. It would earn you more friends...
  • Here's everything we know about Project Titan, Apple's rumoured electric car

    03/01/2015 3:58:35 PM PST · by SeekAndFind · 67 replies
    Business Insider ^ | 02/28/2015 | Rob Price
    Just a few weeks ago, the idea that Apple might make a car seemed like an outlandish rumour. Today, it's accepted by many as gospel. Numerous reports have filtered through in recent days, providing more detail on Apple's automotive ambitions. Of course, nothing has been confirmed yet. The Apple Car would be a massive, multi-year undertaking. But here's what we've heard so far: It's called Project Titan. The detail comes via a report from the Wall Street Journal. It's an electric car. This puts the company in competition with Tesla, which develops cutting edge electric-powered vehicles. VC and entrepreneur Jason...
  • Airstrikes, Oil Prices Hit Islamic State’s Funding

    03/01/2015 3:11:02 PM PST · by thackney · 21 replies
    Wall Street Journal ^ | Feb. 27, 2015 | STACY MEICHTRY And SAM SCHECHNER
    Airstrikes against Islamic State militants and falling oil prices have hurt the group’s ability to fund operations across Iraq and Syria, according to an international agency that fights terror financing. In a report issued Friday, the Paris-based Financial Action Task Force, or FATF, said U.S.-led airstrikes targeting refineries and transport convoys have managed to disrupt Islamic State’s ability to deliver oil to the black market. Islamic State’s “ability to efficiently extract, refine and sell petroleum and petroleum products from the territory in which it operates has significantly diminished,” the report said. Bank looting, kidnapping and ransom have helped offset the...
  • Europe's Solar Power Industry Braces For Solar Eclipse

    03/01/2015 12:12:35 PM PST · by Libloather · 34 replies
    On the morning of March 20, 2015, a solar eclipse will pass over all of Europe, visible from Turkey to Greenland. A decade ago, that probably wouldn't have mattered to anyone except people who love astronomy (and all the schoolchildren building pinhole cameras to observe the sun.) But now, three percent of Europe's electricity grid comes from solar power, making the March event a proving ground for this renewable energy technology. In the span of two hours, 35,000 megawatts of electricity will fade from the grid, and then return. To put that in perspective, a typical coal plant in the...
  • This Key Market Signal Says Oil Is Heading to $60 a Barrel

    03/01/2015 10:33:00 AM PST · by ckilmer · 19 replies
    fool.com ^ | March 1, 2015 | By Matt DiLallo
    This Key Market Signal Says Oil Is Heading to $60 a Barrel By Matt DiLallo | More Articles March 1, 2015 | Comments (1) Given the dramatic drop in the price of oil over the past few months, the burning question on a lot of minds is "What will the price of oil do next?" It seems like everyone has an opinion on that question. The range of predictions goes from $10 at the bottom to a staggering $200 a barrel at the top. What that range tells us is that where oil will go in the future is anyone's...
  • Low Oil Price May Stifle Deepwater Drilling And Oil Sands But Not Fracking

    03/01/2015 8:53:15 AM PST · by thackney · 27 replies
    Forbes ^ | 3/01/2015
    Saudi Arabia and OPEC may have dropped oil prices to stifle production in the U.S. and other competing nations, but they didn’t drop it enough to stifle the U.S. oil and gas boom from fracking, a senior expert with McKinsey and Company said in Chicago. “If the Saudis think they’re going to put U.S. shale players out of business, they’re probably not, although there will be less drilling,” Joe Quoyeser told about 125 people, mostly graduate students, at Northwestern University’s Kellogg Energy Conference on Wednesday. ”But there are other elements of oil supply that are needed to balance the market...
  • This Is Why the Navy Can't Have Nice Railguns

    03/01/2015 7:09:14 AM PST · by TurboZamboni · 37 replies
    motherboard ^ | 2-9-15 | Ben Richmond
    ​The US Navy has been wowing people with electromagnetic railguns, a long-range electrically-powered weapon, in concept and prototy​pe for years now. But the single big obstacle that keeps the railgun off boats remains the same as it ever was: ships can’t generate enough power to fire them. At the Naval Future Force Science and Technology Expo, Vice Adm. William Hilarides explaine​d that three problems with the railgun remain: room on ships, integrating the new weapons with the old weapons systems, and power—as in, not enough of it. The railgun doesn’t rely on chemical explosions like more conventional weapons. Instead, the...
  • Oregon's signature solar energy (scam) project built on foundation of false hopes and falsehoods

    02/28/2015 6:41:13 AM PST · by hiho hiho · 26 replies
    The Oregonian ^ | February 27, 2015 | Ted Sickinger & Jeff Manning
    Dignitaries gathered on a dry Klamath Falls hillside in August 2011 to celebrate the launch of the largest solar power project ever attempted in Oregon. As then-Gov. John Kitzhaber and others dug their golden shovels into the hard ground, they were adamant that this was not another state-sponsored green energy boondoggle. This $27 million collection of solar arrays would be a boon for the economy as well as the environment. For nearly $12 million in tax credits, state officials said, taxpayers could expect the project developer to buy local and hire local, creating a virtuous circle of energy savings, reduced...
  • Petroleum refinery outage in California highlights markets’ quick price reaction

    02/28/2015 7:40:48 AM PST · by thackney · 18 replies
    Energy Information Administration ^ | FEBRUARY 27, 2015 | Energy Information Administration
    On February 18, an explosion and fire occurred at ExxonMobil's refinery in Torrance, California. The Torrance refinery, the third-largest refinery in Southern California, has about 20% of the region's fluid catalytic cracking capacity and is an important source of gasoline and distillate fuel oil supply for Southern California. Unplanned refinery outages can have noticeable effects on liquid fuel markets, disrupting supplies of gasoline and distillate, particularly in regions that are tightly balanced, such as the West Coast (defined as Petroleum Administration for Defense District (PADD) 5). When refineries undergo planned maintenance, they make arrangements for alternative sources of supply to...
  • Dresser-Rand to cut 8 percent of its workforce

    02/28/2015 7:21:12 AM PST · by thackney · 15 replies
    Fuel Fix ^ | February 27, 2015 | Collin Eaton
    Diesel engine and gas turbine maker Dresser-Rand Group is cutting 8 percent of its 8,100-employee workforce around the world in coming weeks, the company said Friday, trimming operating costs as falling crude prices have crushed profits in the oil service sector. The Houston firm, which makes oil industry tools including compression equipment and steam turbines, said the plan will cost $50 million in severance and other charges as it divests assets this year. But its “flexible” manufacturing business will enable the company to start realizing savings from fixed costs this year, it said. “While current market conditions may generate discomfort...
  • Making the Moral Case for Fossil Fuels

    02/28/2015 5:27:41 AM PST · by bestintxas · 11 replies
    am thinker ^ | 2/28/15 | j levy
    In the anti-fracking film Gasland, producer Josh Fox proclaims that the process of extracting previously inaccessible oil and gas from shale pollutes water supplies, increases the incidence of cancer and leads to higher levels of seismic activity, despite ample contrary evidence. This self-proclaimed environmental watchdog and anti-fracking crusader has led extensive efforts to end or prevent fracking throughout the United States by obfuscating the truth and stopping communities from reaping the benefits of America's shale boom. Josh Fox and others like him are uninterested in looking for improvements in fracking technology and safety. Instead they seek to shut down shale...
  • Obama's Veto Of Keystone Pipeline Is All About Politics

    02/27/2015 11:29:22 AM PST · by Kaslin · 16 replies
    Townhall.com ^ | February 27, 2015 | Donald Lambro
    WASHINGTON -- In the days leading up to President Obama's veto of the Keystone XL pipeline, 14 oil tanker railroad cars derailed in West Virginia and exploded in a fiery environmental disaster. It was reported that residents in the area compared the thunderous fireball and poisonous smoke that blackened the sky to "a scene from the apocalypse" -- describing it as "something biblical, or wrath-of-God type stuff." This wasn't a rare, isolated accident. In the last several years it's become all too common across our country, as the oil industry has struggled to find ways to transport its petroleum to...
  • Shell and USW 2015 Oil Bargaining - Just The Facts: Update

    02/27/2015 6:49:46 AM PST · by thackney · 4 replies
    Shell ^ | 02/26/2015 | Shell
    More than one month ago, Shell Oil Company sat down at the bargaining table with a negotiating team representing national leaders of the United Steelworkers International Union (USW). Shell’s goals were – and still are – to reach an agreement that respects the needs and interests of our employees and ensures the ongoing safety as well as economic health of Shell refineries and chemical plants. To that end, to date Shell has put seven offers on the negotiating table. The USW International Union leaders have rejected all seven of them. In addition, they have ordered their members to strike at...
  • Kremlin: Ukraine has natural gas until Tuesday

    02/27/2015 6:28:31 AM PST · by McGruff · 8 replies
    UPI ^ | Feb. 27, 2015 | Daniel J. Graeber
    The natural gas spigot could be closed for Ukraine as early as Tuesday unless it pays for more deliveries in advance, Russia's energy minister said Friday. Russian energy company Gazprom confirmed it received $15 million from its Ukrainian counterpart, Naftogaz, which ensures gas deliveries until Tuesday.
  • Oil Storage Sinks as Price Bobs

    02/27/2015 6:27:18 AM PST · by thackney
    Wall Street Journal ^ | Feb. 26, 2015 | ERIC YEP
    Fewer oil tankers are being used to store crude than traders and shipbrokers had expected at the start of the year, as a recent run-up in oil prices upended a popular trading strategy. “There were around 25 to 30 large tankers taken last month, but only around 10 of these are being used for oil storage now,” a Singapore-based shipbroker said, citing industry data. Many market watchers had expected big commodity-trading firms to capitalize on the price gap between different oil-futures contracts by buying physical barrels, storing them on ships and locking in profits by selling futures contracts for delivery...
  • Texas Legislature Gets Down to Business

    02/27/2015 5:59:12 AM PST · by thackney · 3 replies
    Texas Alliance of Energy Producers via Rig Zone ^ | February 26, 2015 | Alex Mills
    Before the Texas Legislature got down to business a month ago, there was a strong feeling among insiders that the big issues would be water, transportation, and taxes. So far, the leadership has kept true to those projections. Already, Governor Abbott has called for a $2.2 billion reduction in property taxes and a $2 billion franchise tax decrease. Lt. Governor Dan Patrick and House Speaker Joe Straus also have stated their belief that a primary goal should be tax reduction, and funding for transportation. The House Energy and Natural Resources committees already have held a joint hearing on water and...
  • Bakken Decline Rates Worrying For Drillers

    02/27/2015 5:35:17 AM PST · by thackney · 9 replies
    Oil Price ^ | 26 February 2015 | Ron Patterson
    I have been supplied an Excel spreadsheet of all North Dakota wells back to 2006, thanks to Enno Peters and Dennis Coyne. I only used the data back to 2007 however. This is a wealth of information if we want to know how many wells came on line in a given month, we simply count them. We are given the monthly production data for each month. And since we have the monthly production data we can very easily figure the decline rate of each well, or any group of wells for any month or year. A note on the data....
  • Obama Approves Funding for Pipeline

    02/26/2015 5:57:23 PM PST · by mission9 · 19 replies
    In 2014, the World Bank Group committed $5 billion in new technical and financial support for energy projects in six African countries, including Kenya, which have partnered with US president Barack Obama’s Power Africa initiative. Among the projects funded, is the world's longest heated pipeline, which will bring newly discovered Ugandan oil fields to market. The Japanese conglomerate, Toyota, is the major contractor. Much of the oil, is committed to Asian markets, like China. On February 24, 2015 President Barack Obama, vetoed the Keystone XL pipeline, which would be a big boost to mid American and Canadian oil production. When...
  • North American oil production continues to increase

    02/26/2015 7:19:09 PM PST · by Ernest_at_the_Beach · 28 replies
    permianshale.com ^ | Feb 25, 2015 | Zach Koppang
    The world’s largest oil exporters were not pleased with latest news coming from U.S. oil and gas producers: oil production keeps on rising.
  • Wolf tax proposal puts Beaver County Shell plant at risk

    02/26/2015 7:28:10 AM PST · by RS_Rider · 27 replies
    Pittsburgh Tribune Review ^ | Feb. 25, 2015 | David Conti
    Royal Dutch Shell warned Gov. Tom Wolf that policies which hurt gas production could affect the company's decision on whether to build a multibillion-dollar plant in Beaver County to turn ethane into plastics, the head of a gas industry group said Wednesday. “I sat in a meeting with Gov. Wolf in August, where leadership from Shell looked the now-governor directly in the eye and said, ‘If you jeopardize the ethane supply, we likely don't invest here,' ” Marcellus Shale Coalition President David Spigelmyer told Tribune-Review editors and reporters. “That's a big deal. We need to make sure we have opportunities...
  • How the US transports oil, in 5 graphics

    02/26/2015 5:30:15 AM PST · by thackney · 24 replies
    BROOKINGS INSTITUTION via Business Insider ^ | FEB. 25, 2015 | JOSEPH KANE, ROBERT PUENTES AND ADIE TOMER
    The proposed Keystone XL pipeline has stirred considerable debate about the future of American energy policy. While the Senate’s recent vote to block its construction tables the discussion for the time being, it does not resolve major questions about how the U.S. transports oil today. With the ongoing shale gas boom, the U.S. is set to pass Saudi Arabia as the world’s top oil producer. Looking beyond KXL, such a rapid rise in production means American transportation networks are straining under new pressures to safely and efficiently move all this energy between different markets. The following figures show how Keystone...
  • Rise in salt cavern storage capacity for natural gas offsets declines in other capacities

    02/26/2015 5:15:37 AM PST · by thackney
    Energy Information Administration ^ | FEBRUARY 26, 2015 | Energy Information Administration
    With natural gas storage at low levels in most of 2014 and production relatively high, minimal new natural gas storage capacity was built, except for salt facilities in the Producing region. Capacity in the East region of the United States fell slightly, resulting in relatively unchanged national total capacity. EIA measures natural gas storage capacity in November of each year, which is typically when storage withdrawals begin to exceed storage injections. From November 2013 to November 2014, EIA found that each of EIA's two measures of storage capacity within the Lower 48 states was virtually unchanged, as increases in salt...
  • Some contractors (unionized) not so bad, Steelworkers say {Refinery strike}

    02/26/2015 5:09:46 AM PST · by thackney · 1 replies
    Fuel Fix ^ | February 25, 2015 | LM Sixel
    The building trades unions have taken exception to disparaging comments the United Steelworkers union have made during contract talks that contractor labor is neither high quality or safe. Many contractors use union-represented skilled crafts workers including electricians, plumbers, welders, iron workers and pipefitters. To resolve the simmering, and growing dispute, the leaders of the United Steelworkers union and the North America’s Building Trades Unions issued a joint statement Wednesday to clarify the scope of contractor responsibilities at the nation’s refineries and chemical plants. “We are issuing this statement to make clear that the scope of work USW is seeking in...
  • Potential market implications of outage at ExxonMobil's Torrance, California refinery

    02/25/2015 6:47:39 PM PST · by thackney · 8 replies
    Energy Information Administration ^ | February 25, 2015 | Energy Information Administration
    On February 18, an explosion and fire occurred at the ExxonMobil refinery in Torrance, California. The Torrance refinery, the third-largest refinery in southern California, has about 20% of the region's fluid catalytic cracking (FCC) capacity and is an important source of gasoline and distillate supply. Based on publicly available information, it can be estimated that Torrance produces about 117,000 barrels per day (bbl/d) of gasoline (about 15-20% of southern California's supply) and about 50,000 bbl/d of distillate and jet fuel (about 10% of southern California supply). Unplanned refinery outages can have noticeable impacts on liquid fuel markets, disrupting supplies of...
  • Exposed: what fracking really does to you, your family, pets and food

    02/25/2015 10:38:18 AM PST · by Citizen Zed · 45 replies
    The Ecologist ^ | 2-25-2015 | Allison Wilson
    The first researchers to systematically document ill health in livestock, pets, and people living near fracking drill sites were Michelle Bamberger and Robert Oswald. Bamberger, a veterinarian, and Oswald, a professor of molecular medicine at Cornell University, used a case study approach-looking at individual households-to search for possible effects (Bamberger and Oswald 2012). Many fracking chemicals are known carcinogens, endocrine disruptors or other classes of toxins (Colborn et al. 2011). Bamberger and Oswald's studies, carried out during the ongoing fracking boom, uncovered serious adverse effects including respiratory, reproductive, and growth-related problems in animals and a spectrum of symptoms in humans...
  • Roman Abramovich Invests $15M In New US Fracking Technology

    02/25/2015 10:12:21 AM PST · by bananaman22 · 6 replies
    Oilprice.com ^ | 24/02/2016 | James Stafford
    Are the Russians coming to Texas riding the tailwinds of fracking? That depends on who you ask, as some believe Russian forces were behind the anti-fracking vote in Denton, while a $15 million investment in new Texas fracking technology by Roman Abramovich perhaps tells another story. When the anti-fracking campaign started to heat up late last year in Denton, Texas—the heart of the shale revolution—conspiracy theories were spread from within the pro-fracking community that the Russians were behind the whole thing. The logic was that the American shale revolution threatened Russia’s market share. Yet just months after a successful vote...
  • Crispy Critters — Nevada Solar Plant Not For The Birds

    02/25/2015 9:50:11 AM PST · by raptor22 · 28 replies
    investor's Business Daily ^ | February 25, 2015 | IBD EDITORIALS
    A solar-power project set to open next month in Nevada has fried 130 birds during tests and will soon join another solar farm in California in avian incineration. If as many birds being burned by solar power farms built in the U.S. were to wash up on our beaches soaked in crude oil from a leaking offshore well, the outrage would be deafening. But as with the wind turbines that now cover acre upon acre of former "pristine" countryside, what amount to avian Cuisinarts slicing and dicing everything that flies, including endangered species, only the crickets are chirping. House Minority...
  • 2016 Chevrolet Volt Powertrain: How It Works In Electric, Hybrid Modes

    02/25/2015 9:30:02 AM PST · by LogicDesigner · 53 replies
    Green Car Reports ^ | February 24, 2015 | John Voelcker
    The new 2016 Chevrolet Volt is sleeker, has more electric range, higher gas mileage, a fifth seat, and should be both faster and quieter on the road. ... For the record, the new transmission and final drive unit is formally known as the 5ET40 Electrified Transaxle. The pair walked us through the five separate operating modes of the new Voltec system: two electric-only, and three blended.
  • EU unveils vast plan to merge 28 energy markets

    02/25/2015 6:15:20 AM PST · by Olog-hai · 3 replies
    Associated Press ^ | Feb 25, 2015 8:18 AM EST | Lorne Cook
    The European Union’s executive has unveiled a vast plan to boost coordination between the EU’s 28 national energy markets to wean Europe off unstable Russian gas supplies and provide cheaper energy for consumers. European Commission Vice President Maroš Šefčovič on Wednesday called it “undoubtedly the most ambitious energy project” since the inception of the EU over half a century ago. He believes that improving links across borders in Europe’s energy grid could save businesses and consumers up to €40 billion ($45.4 billion) a year. A more energy-independent Europe will also increase the EU’s political options in eastern Europe. […] “Our...
  • Even Pickaxes Couldn't Stop The Nation's First Oil Pipeline

    02/25/2015 6:10:20 AM PST · by thackney · 2 replies
    NPR ^ | FEBRUARY 24, 2015 | Uri Berliner
    One-hundred-fifty years ago, a man named Samuel Van Syckel built the nation's first commercial oil pipeline in the rugged terrain of northwestern Pennsylvania. His pipeline transformed how oil is transported — and it would change the modern world, too — but not before a battle that makes the debate over the Keystone XL pipeline look meek by comparison. In January 1865, the place where this all happened, called Pithole, was nowhere, really — just a patch of wilderness in the foothills of the Appalachian Mountains. Then drillers struck gushers at three wells and everything changed. By September, an estimated 15,000...
  • Fracking pushes New York towns to consider secession, join Pennsylvania

    02/25/2015 5:10:42 AM PST · by thackney · 38 replies
    NEWSDAY ^ | February 22, 2015 | NEWSDAY
    ...According to WBNG in Binghamton, 15 New York towns in the southern tier of the state are considering seceding from New York and joining neighboring Pennsylvania because of Gov. Andrew Cuomo's fracking ban. A local group called upstate New York Towns Association is examining whether such a plan is possible, and if it's worth the cost. James Finch, Conklin Town supervisor, told Capital New York that "everybody over the border has new cars, new four-wheelers, new snowmobiles," because of the stronger economy in Pennsylvania, which allows fracking.
  • Bill Gates and Other Business Leaders Urge U.S. to Increase Energy Research

    02/24/2015 8:04:29 PM PST · by ckilmer · 19 replies
    nytimes.com ^ | FEB. 23, 2015 | By JUSTIN GILLIS
    The government is spending far too little money on energy research, putting at risk the long-term goals of reducing carbon emissions and alleviating energy poverty, some of the country’s top business leaders found in a new report. The American Energy Innovation Council, a group of six executives that includes the Microsoft co-founder Bill Gates and the General Electric chief Jeffrey R. Immelt, urged Congress and the White House to make expanded energy research a strategic national priority.
  • New York-Style Fracking Ban Defeated by Colorado Task Force

    02/24/2015 7:16:19 PM PST · by george76 · 12 replies
    Energy in Depth ^ | February 24, 2015 | Simon Lomax
    An activist who was using his position on Colorado’s oil and gas task force to push for a New York-style ban on oil and natural gas development has given up on the fringe proposal for lack of support, according to documents released by state officials overnight. The proposal’s demise is yet another defeat for national anti-fracking groups in Colorado, such as Food and Water Watch and the Sierra Club, which are desperately trying to reboot their failed campaign for an effective statewide oil and gas development ban. It’s also a reminder of how outside of New York, the “ban fracking”...
  • Solar Panel Farm Fries Hundreds of Birds Out of The Sky

    02/24/2015 3:09:13 PM PST · by Kaslin · 25 replies
    Townhall.com ^ | February 24, 2015 | Katie Pavlich
    We already know wind farms kill thousands of birds every year, but now at least one solar panel farm in Nevada is frying birds out of the sky. From Nature World News: The last thing you'd likely expect is for a new experimental array to literally light nearly 130 birds in mid-flight on fire. the last thing you'd likely expect is for a new experimental array to literally light nearly 130 birds in mid-flight on fire. And yet, that's exactly what happened near Tonopah, Nevada last month during tests of the 110-megawatt Crescent Dunes Solar Energy Project. According to Rudy...
  • Keystone Pipeline Bill Heads to POTUS' Desk; UPDATE: Vetoed

    02/24/2015 3:57:56 PM PST · by Kaslin · 26 replies
    Townhall.com ^ | February 24, 2015 | Daniel Doherty
    Legislation approving the controversial Keystone XL Pipeline has finally reached the presidentÂ’s desk. But donÂ’t celebrate just yet. In a joint op-ed published today in the pages of USA Today, House Speaker John Boehner (R-OH) and Senate Majority Leader Mitch McConnell (R-KY) are urging Americans to begin tempering their hopes and expectations by accepting the inevitable: Tuesday, as promised, the new Congress is sending the White House legislation that would approve the Keystone XL pipeline. This project will support tens of thousands of American jobs. It will bolster the nation's infrastructure and energy security. And it enjoys a broad base...
  • President Obama vetoes Keystone bill

    02/24/2015 12:50:04 PM PST · by E. Pluribus Unum · 33 replies
    Pollutico ^ | 02/24/2015 | Elana Schor
    President Barack Obama vetoed the Republicans’ Keystone XL pipeline bill Tuesday, rejecting Congress’ attempt to take the project’s fate out of his hands — and leaving the GOP prepared to attempt an override vote that will most likely fail.Obama’s veto message was delivered within hours of the legislation arriving on his desk. The White House had previously criticized lawmakers for trying to strip the executive branch’s authority over cross-border energy projects like the $8 billion Canada-to-Texas oil pipeline. Story Continued Below “I’m not shocked obviously,” Senate Energy and Natural Resources Chairwoman Lisa Murkowski (R-Alaska) said even before the widely expected...
  • The stage is being set for a massive financial meltdown...

    02/24/2015 9:21:38 AM PST · by alexmark1917 · 40 replies
    Greek 4 month extension does nothing for the people of Greece. Sub-prime auto loans all time high and delinquencies are rising. Existing home sales implode while home price fall. Baltic Dry Index falls and ship builders are filing for bankruptcy. US blimp in Maryland used to watch the people. Ukraine bans Russian media and sets up their own propaganda media. Poroshenko wants Crimea back as they pull more weapons to the front line. US and the coalition forces getting ready for a major offensive in the middle east. DHS budget in trouble, using fear and a false flag event to...
  • Solar farm sets 130 birds on FIRE: Extreme glow of power plant ignites creatures mid-air

    02/24/2015 5:44:40 AM PST · by thackney · 47 replies
    Daily Mail ^ | 23 February 2015 | SARAH GRIFFITHS
    Solar farm sets 130 birds on FIRE: Extreme glow of power plant ignites creatures mid-air during tests Around 130 birds have been injured near Tonopah, Nevada - 'Streamers' caught alight while while entering an area of concentrated solar energy created by the 110-megawatt Crescent Dunes Solar Energy Project - Experts think birds may have been attracted by glow of the farm's tower - Experts have previously claimed that a California solar array part owned by Google is killing nearly 30,000 birds per year More than 100 birds have been injured during testing of a new solar power farm. Biologists say...