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Keyword: energy

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  • Tesla Battery, Subsidy and Sustainability Fantasies

    07/22/2017 9:39:45 AM PDT · by Kaslin · 111 replies
    Townhall.com ^ | July 22, 2017 | Paul Driessen
    The first justification was that internal combustion engines polluted too much. But emissions steadily declined, and today’s cars emit about 3% of what their predecessors did. Then it was oil imports: electric vehicles (EVs) would reduce foreign dependency and balance of trade deficits. Bountiful oil and natural gas supplies from America’s hydraulic fracturing revolution finally eliminated that as an argument.Now the focus is on climate change. Every EV sale will help prevent assumed and asserted manmade temperature, climate and weather disasters, we’re told – even if their total sales represented less than 1% of all U.S. car and light truck...
  • German nuclear damage shows atomic and renewable power are unhappy bedfellows

    07/19/2017 7:21:58 PM PDT · by george76 · 18 replies
    Der Tagesspiegel ^ | 7/19/2017 | Dagmar Dehmer | translated by Sam Morgan
    A Germany nuclear plant was damaged because its operators increased and decreased its output to respond to energy grid fluctuations. The incident supports the theory that nuclear and renewable energy generation are incompatible. EURACTIVs partner Der Tagesspiegel reports. The Brokdorf nuclear power station, located in northern Germany, was taken offline in February after maintenance showed its reactors fuel rods had begun to unexpectedly oxidise. A regional nuclear supervisory body has now ruled that the plant can be booted back up but only in safe mode, according to Schleswig-Holsteins energy transition minister. State Minister for Energy Robert Habeck (Greens) added that...
  • The Energy 202: Perry's electric grid draft draws some blanks

    07/18/2017 2:04:59 PM PDT · by ckilmer · 8 replies
    reading eagle ^ | Tuesday July 18, 2017 10:02 AM
    "Costly environmental regulations and subsidized renewable generation have exacerbated and accelerated baseload power plant retirements," the draft said. "However, those factors played minor roles compared to the long-standing drop in electricity demand relative to previous expectations and years of low electric prices driven by high natural gas availability."
  • The Major Wildcard That Could Send Oil To $120

    07/17/2017 2:14:08 PM PDT · by Hojczyk · 26 replies
    Oil Price.com ^ | July 10,2017 | By Nick Cunningham
    But it is Venezuela that could be the mother of all black swan events. As Neil Dwane of Allianz Global Investors mentions, Venezuela has already seen the near total breakdown of society, and its oil production of 2 million barrels per day (mb/d) could unravel. It still seems unthinkable at this point, but becoming more likely by the day. Already, Venezuelas oil production has eroded sharply, falling to 1.96 mb/d as of May 2017, down from 2.375 mb/d in 2015. Meanwhile, Venezuelas refining industry is in shambles, forcing the country to increasingly import gasoline to avoid fuel shortages. The street...
  • Mexico Oil Privatization Pays Off With Billion-Barrel Find

    07/16/2017 10:11:12 PM PDT · by Ernest_at_the_Beach · 21 replies
    warrs up with that? ^ | July 12, 2017 | David Middleton
    Block among first awarded for private exploration in Mexico Premier Oil shares jump as much as 38% on Zama-1 well success Mexicos decision to allow private companies to explore for oil and gas started to pay off after the discovery of at least a billion barrels in a new offshore field.A consortium ofPremier Oil Plc,Sierra Oil & Gas S de RL de CVand Talos Energy LLC made the discovery in the shallow waters of the southern Gulf of Mexico just two years after winning the exploration license. Its the first new find by a private company in the country...
  • Trump Administration Approves Eni Plan to Drill Offshore Alaska

    07/14/2017 9:38:22 AM PDT · by Oatka · 12 replies
    Reuters via gCaptain ^ | July 13, 2017 | Timothy Gardner
    By Timothy Gardner WASHINGTON, July 13 (Reuters) Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years. The Bureau of Ocean Energy Management approved the drilling plan of Eni US, a unit of Italys Eni on Wednesday as part of President Donald Trumps plan to boost oil and gas drilling and make the country energy dominant.
  • Controversy Explodes over Renewable Energy [powerdown only option]

    07/12/2017 9:48:21 AM PDT · by Lorianne · 18 replies
    Post Carbon Institute ^ | 11 July 2017 | Richard Heinberg
    Our core realization was that scale is the biggest transition hurdle. This has implications that both Jacobson et al., and Clack et al. largely ignore. Jacobsons plan, for example, envisions building 100,000 times more hydrogen production capacity than exists today. And the plans assumed hydro expansion would require 100 times the flow of the Mississippi River. If, instead, the United States were to aim for an energy system, say, a tenth the size of its current one, then the transition would be far easier to fund and design. When we start our transition planning by assuming that future Americans will...
  • Appalachian Power to rely half on coal, half on renewable energy

    07/10/2017 1:59:10 AM PDT · by buckalfa · 49 replies
    WVMetro News ^ | July 10, 2017 | Carrie Hodousek
    CHARLESTON, W.Va. The goal of Appalachian Power Company is to rely 50 percent on coal and 50 percent on renewable energy, according to the companys president. The intent is to get coal down to about 50 percent, stay there and then bring the other resources up, Chris Beam said on last weeks MetroNews Talkline. As the company starts to work with new employers, the demand for new energy sources increases. A lot of the things that were hearing from them is they have their own mandated requirements that they have to meet from their board of directors like you...
  • A Challenge to Energy Dominance: Theres No Free Market for Oil

    07/09/2017 5:27:33 AM PDT · by Kaslin · 19 replies
    Townhall.com ^ | July 9, 2017 | Ken Blackwell
    The U.S. shale industry is nothing if not resilient. OPECa cartel of petrostates holding the worlds largest and cheapest oil reservesleverages state control over its oil resources to undermine Americas competitive producers. Thanks to its latest moves, the U.S. energy industry is again under pressure, reminding us that we must take stronger action to ensure our energy security and energy sovereignty. We can boost these efforts by forming an OPEC Commission, which will appoint a panel of experts to study OPECs impact on the U.S. economy and offer recommendations to the President and Congress to protect American interests. Thanks to...
  • Trump Has Putin over a Barrel

    07/08/2017 3:14:09 PM PDT · by Hojczyk · 47 replies
    National Review ^ | July 7,2017 | Larry Kudlow
    Now, Russia still has a lot of oil and gas reserves. And it uses this to bully Eastern and Western Europe. It threatens to cut off these resources if Europe dares to complain about Putin power-grabs in Crimea, eastern Ukraine, the Baltics, and elsewhere. But enter President Donald Trump. In his brilliant speech in Warsaw, Poland, earlier this week, he called Putins energy bluff. It may well have been the best speech of his young presidency. Trump delivered a stirring leadership message, emphasizing the importance of God, freedom, strong families, and democratic values. But in an absolutely key part of...
  • Hackers Target U.S. Nuclear Facilities, Energy Infrastructure: Major Attack Very Possible

    07/07/2017 11:26:05 AM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 07/06/2017 | John Sexton
    Since May, hackers have been attacking the U.S. energy infrastructure, including at least one company which manages a nuclear power plant in Kansas. The New York Times reported Thursday that the Department of Homeland Security and the FBI issued an urgent report about the attacks last week: Among the companies targeted was the Wolf Creek Nuclear Operating Corporation, which runs a nuclear power plant near Burlington, Kan…Wolf Creek officials said that while they could not comment on cyberattacks or security issues, no “operations systems” had been affected and that their corporate network and the internet were separate from the...
  • Trump moves to open more public land to drilling in California

    07/06/2017 9:24:36 PM PDT · by thecodont · 32 replies
    San Francisco Chronicle / SFGate.com ^ | Updated 8:23 pm, Thursday, July 6, 2017 | By Kurtis Alexander
    The Trump administration forged ahead with its commitment to boosting domestic fossil fuel production Thursday, directing more public lands to be opened for oil and gas extraction a move that could bring new drill rigs to California. The state hasnt seen new onshore oil and gas leases offered up on federal land in four years because of environmental fights. The order signed by Interior Secretary Ryan Zinke on Thursday has some environmentalists fearing that de facto moratorium will soon end. At minimum, the administrations action will intensify the push by energy companies to broaden drilling across Californias prime oil...
  • Rick Perry on supply and demand economics: Supply it, then demand will follow

    07/06/2017 4:08:41 PM PDT · by Timpanagos1 · 46 replies
    CBS ^ | 7/6/17 | Kathryn Watson
    Secretary of Energy Rick Perry sparked disbelief on Twitter Thursday after he tried to offer an economics lesson while touring a coal plant in West Virginia. "Here's a little economics lesson: supply and demand. You put the supply out there and the demand will follow," Perry said, responding to a question about a shale gas boom in comments captured by S&P Global Market Intelligence reporter Taylor Kuykendall.
  • Just how green are your solar panels?

    07/05/2017 1:29:34 PM PDT · by Behind Liberal Lines · 10 replies
    Legal Insurrection, All Rights Reserved. ^ | Wednesday, July 5, 2017 at 4:00pm | Posted by Leslie Eastman
    after 8 long years of solar energy businesses being promoted by the U.S. government, hard numbers and real work experiences are causing people to reassess just how green solar energy is. To begin with, it appears that solar panels create 300 times more toxic waste per unit of electricity generated than nuclear power plants.... And while nuclear energy production does generate radioactive wastes, the sheer volume difference shows that the nuclear energy is more efficient at energy production. And while toxic may seem less hazardous than radioactives, heavy metals are forever whereas radioactive particles decay over time. Chronic exposures to...
  • Trump Launched An Energy Revolution While Everyone Was Obsessing On His Tweets

    07/05/2017 4:35:10 AM PDT · by IBD editorial writer · 36 replies
    Investor's Business Daily ^ | 7/3/2017 | Staff
    Natural Resources: Last week President Trump announced plans to make the U.S. not just energy independent, but a global energy powerhouse. Too bad everyone was hyperfocused on his tweets. On Thursday, Trump said he was ushering in a new energy policy that marked an end to decades of fretting about an alleged "energy crisis" brought on by supposed limited domestic supplies and an insatiable demand for fossil fuels. "We now know that was all a big, beautiful myth," Trump said in remarks at the Department of Energy. "The truth is that we have near-limitless supplies of energy in our country."...
  • After dismal 2016, shale gas drillers begin to turn a corner

    07/04/2017 7:45:13 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Jul 4, 2017 11:21 AM EDT | Michael Rubinkam
    Pennsylvanias drilling industry is showing signs of life. Natural gas producers drilled more than twice as many shale wells in the first half of 2017 compared to the same period last year. About 20 additional drilling rigs are exploring for natural gas and fracking crews are suddenly in short supply. One big reason is that natural gas prices have recovered from 20-year lows, nearly doubling since last year.
  • Enjoy that road trip! July 4th gas hasn't been this cheap in years

    07/04/2017 7:57:39 AM PDT · by rktman · 7 replies
    money.cnn.com ^ | 7/3/2017 | Chris Isidore
    Drivers are enjoying the cheapest Fourth of July gasoline in more than a decade. Enjoy it while it lasts: Experts say prices will start inching higher soon. The average price nationwide for a gallon of regular is $2.23, down 15 cents from a month ago, according to AAA. And really cheap gas is even more common than suggested by that average: About 25% of gas stations nationwide are selling gas for $2 a gallon or less.
  • Gas hasn't been this cheap on the Fourth of July since 2005

    07/03/2017 5:07:51 PM PDT · by upchuck · 41 replies
    Wash Exam ^ | July 3, 2017 | Emily Jashinsky
    The last time gas was this cheap in America on the Fourth of July, the Kardashians didn't even have a television show. According to AAA, the average national gas price currently sits at $2.23 per gallon. That figure hasn't dipped so low since 2005 when Fourth of July drivers also owed $2.23 on average. It's the cheapest gas has been throughout 2017 as well. "The combination of tepid demand and increased gasoline and crude output continues to put downward pressure on gas prices," AAA Spokesperson Jeanette Casselano said in a news release. The least expensive market in the country is...
  • Trump to promote U.S. natgas exports in Russia's backyard

    07/03/2017 6:45:04 PM PDT · by upchuck · 19 replies
    Reuters ^ | July 3, 2017 | Roberta Rampton and Timothy Gardner
    President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia. Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S. companies to ship more liquefied natural gas (LNG) to central and eastern...
  • Solar Panels Generate 300 Times More Toxic Waste Than Nuclear Reactors

    07/02/2017 7:32:51 PM PDT · by Lorianne · 33 replies
    Daily Caller ^ | 01 July 2017 | Andrew Follet
    Solar panels create 300 times more toxic waste per unit of electricity generated than nuclear power plants, according to a Thursday report from the pro-nuclear group Environmental Progress (EP). The report found that solar panels use heavy metals, including lead, chromium and cadmium, which can harm the environment. The hazards of nuclear waste are well known and can be planned for, but very little has been done to mitigate solar waste issues.