Keyword: energy

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  • Obama administration proves willing to rewrite the rules on Dakota Access

    12/09/2016 11:42:10 AM PST · by Brad from Tennessee · 10 replies
    The Hill ^ | December 9, 2016 | By Anthony T. Caso
    In the latest development on the Dakota Access Pipeline, the U.S. Army Corps of Engineers has announced that it will withhold the final easement under Lake Oahe needed to complete the project. This abrupt reversal of approval, given by the career environmental specialists, is deeply disturbing, particularly for the North Dakotans that will remain under threat of harm from protesters who will likely persist in the region for the foreseeable future. The action also sets a disconcerting precedent by an administration that appears willing to rewrite its own regulatory procedures to appease the protestors. The rule of law is the...
  • Dutch to stop subsidizing renewables in long-term climate strategy

    12/09/2016 12:26:08 PM PST · by Lorianne · 7 replies
    Reuters ^ | 07 December 2016
    The Netherlands will gradually phase out subsidizes for renewable energy and shift its climate change strategy to areas such as energy saving and carbon capture, the government said on Wednesday. A week ago, the Netherlands announced a 33 percent increase in subsidies for solar, wind, geothermal and other projects to 12 billion euros ($12.9 billion) in 2017, from 9 billion euros in 2016, as it struggles to reach 2020 targets. But the "Energy Agenda" published by the Economic Affairs ministry on Wednesday - setting out how greenhouse gas emissions can be cut to 80-95 percent of 1990 levels by 2050...
  • Germany's Wildly Complex Fusion Reactor Is Actually Working

    12/09/2016 12:12:49 AM PST · by Berlin_Freeper · 34 replies
    popularmechanics.com ^ | Dec 6, 2016 | Avery Thompson
    Last year, Germany completed and turned on the Wendelstein 7-X nuclear fusion reactor. This amazing piece of technology uses a complicated design called a stellerator, and scientists have finally managed to verify that the design works like it's supposed to.
  • Western counties join in opposition to BLM’s land-use plan [ Colorado ]

    12/07/2016 9:02:09 AM PST · by george76 · 6 replies
    Grand Junction Media ^ | December 6, 2016 | Gary Harmon
    County officials in western Colorado have regularly lambasted Planning 2.0 and this week, Garfield County joined in with five other counties in the western United States considering suing to halt the rule, which they have criticized as a central-planning measure. The BLM this month announced that the rule was final and on Monday, Garfield County agreed to spend as much as $40,000 with the Texas-based property-rights organization, the American Stewards of Liberty, to halt it. While Garfield County is taking an active role, Mesa County officials are looking to Congress and a Republican administration under President-elect Donald Trump to deal...
  • Germany's Wildly Complex Fusion Reactor Is Actually Working

    12/06/2016 3:36:14 PM PST · by BenLurkin · 17 replies
    popularmechanics.com ^ | 12/06/2016 | Avery Thompson
    The standard design of fusion reactor is called the tokamak reactor, and it involves a ring of magnets that force the nuclear material to travel in a large circle. The stellerator design used by the W7-X reactor adds several twists to the ring to increase stability. However, the stellerator design is still relatively untested, so a group of researchers spent the past year studying the W7-X reactor to ensure that it was working the way it was supposed to. They found an incredibly small error rate, less than 1 in 100,000, which the researchers characterized as "unprecedented accuracy." This is...
  • Letter from Pennsylvania: Allegheny County’s Shale Gas Reserves are Huge

    12/06/2016 2:32:29 PM PST · by Kaslin · 11 replies
    Townhall.com ^ | December 6, 2016 | Colin McNickle
    Simply put, the numbers are stunning: In Allegheny County, Pa., alone, estimates of “totally technically recoverable reserves” of shale natural gas exceed 150 trillion cubic feet. “This is nearly five times the minimum required for classification as a super-giant gas field and enough natural gas to provide all of America’s needs for more than five years,” recently wrote Gregory Wrightstone and Justin Skaggs in Oil and Gas Investor. Wrightstone, a petroleum geologist/consultant at Wrightstone Energy Consulting in Allison Park, Pa., and Skaggs, a geologist with Pin Oak Energy Partners in Akron, Ohio, say at today’s depressed market prices, “the...
  • Wind turbines generating regret; $100,000 turbines to create $1.50 in electricity monthly

    12/06/2016 9:58:36 AM PST · by lowbridge · 68 replies
    peninsuladailynews.com ^ | December 4, 2016 | Paul Gottlieb
    Three windmill-like turbines loom motionless over the city of Port Angeles’ new Waterfront Park. The $107,516 spires stand immobile more than two months after they were erected and more than a year after the city council approved them. Once they are working to generate electricity, they will produce so little power — $1.50 worth of electricity a month in savings — that at least one council member is regretting her decision to purchase them. They have not been activated because the city is involved in an inspection-related dispute with the manufacturer, UGE International Ltd. of New York City, Community and...
  • Saudi Arabia Surrenders To U.S. Shale

    12/06/2016 8:56:05 AM PST · by bananaman22 · 23 replies
    Oilprice.com ^ | 06-12-2016 | CityAM
    “Ending wars is very simple if you surrender.” – PJ O’Rourke The new OPEC deal to cut oil output – the cartel’s first since 2008 – amounts to nothing less than Saudi Arabia’s surrender to the power of American shale. It has come about due to Riyadh’s belated, horrified understanding that it has utterly lost control over the energy market, running through its capital reserves in the process. Rather than young, feckless Deputy Crown Prince Mohammed bin Salman using Saudi Arabia’s John D Rockefeller strategy to permanently drive U.S. shale out of the energy market, the exact opposite result has...
  • Trump's Energy Revolution Can't Come Soon Enough

    12/06/2016 5:00:57 AM PST · by IBD editorial writer · 13 replies
    Investor's Business Daily ^ | 12/6/2016 | Staff
    Politics: If you want to know why the economy has been struggling so much under President Obama, look no further than the arbitrary and capricious decision by his Army Corps of Engineers to block the Dakota Access pipeline it had already approved. How many days does he have left in office? In July, the Corps said it had approved 200 water crossings and easements for the 1,172-mile pipeline to cross Lake Oahe, Lake Sakakawea and the Missouri River. When it's finished, the $3.8 billion project will transport 450,000 barrels of oil a day from western North Dakota to Patoka, Ill....
  • US Already Ready to Take Advantage of OPEC Cut

    12/05/2016 5:23:47 PM PST · by 198ml · 22 replies
    The American Interest ^ | 12/5/16 | TAI
    Don’t look now, but an American shale rebound is already underway. Operators have been steadily putting more oil rigs into operation for months now, and we’ve been seeing signs that the industry has been ready to stop a slide in output and start ramping up total U.S. production for months now. This week, as Reuters reports, the U.S. saw its rig count rise yet again.
  • Siding With Lawless, Violent #NoDAPL Movement, Obama Helps Create More Republicans

    12/05/2016 10:25:43 AM PST · by georgiarat · 3 replies
    Say Anything Blog ^ | December, 5, 2016 | Rob Port
    There are a lot of reasons to think the Obama administration’s decision to decline an easement for the Dakota Access Pipeline yesterday was a travesty, among the most prominent the fact that it was President Obama who made this decision. It’s worth keeping in mind that the pipeline’s current crossing of Lake Oahe was already approved and permitted by the U.S. Army Corps of Engineers. That the Corps has now declined an easement for a route they’d already permitted, saying they’d like to explore other routes, tells us this decision was made in the White House, and that it was...
  • Gov’t Spends $27 Billion Annually On Global Warming — How Much Will Trump Cut?

    12/03/2016 9:52:21 AM PST · by PROCON · 54 replies
    dailycaller.com ^ | Dec. 2, 2016 | Andrew Follett
    President-elect Donald Trump said he’s looking to cut back federal global warming programs, which he claims are hurting U.S. competitiveness. He’s got a lot of work ahead of him: Federal agencies plan to spend $27 billion on global warming-related programs next year. The White House reported to House Republicans that 18 federal agencies combined spent about $22 billion on global warming activities in 2013, but defined global warming much more narrowly than the agencies themselves. Federal agencies want to spend $12 billion on global warming programs in 2017, according to Salon, but the left-wing news site only factored in six...
  • French power cuts more likely after UK link outage

    12/02/2016 4:45:56 PM PST · by Lorianne · 11 replies
    Reuters ^ | 01 December 2016 | Bate Felix
    Power cuts in France are more likely this winter because of problems with electricity cables linking the country to the United Kingdom and prolonged outages at nuclear reactors, French power grid operator RTE said on Thursday. RTE warned in November it could impose cuts this winter due to shortages caused by a record number of nuclear reactors being offline for maintenance or safety checks. Britain's National Grid, which operates the 2,000 megawatt (MW) Interconnexion France-Angleterre (IFA) with RTE, said on Tuesday that four of its eight cables had been severed, cutting capacity by 50 percent until the end of February....
  • Ace Hardware Says It Is Selling Supplies To Pipeline Protesters

    12/02/2016 7:11:17 AM PST · by AbolishCSEU · 33 replies
    MSN.com ^ | 12/1/2016 | Woochit News
    The hardware store chain said a statement circulating on social media indicating it had stopped selling products to protesters had been “manipulated.” Despite social media reports and rumors to the contrary, Ace Hardware says that its stores have not stopped selling supplies to people protesting the Dakota Access Pipeline. Protests in North Dakota have been ongoing for months.
  • Trump team considering Sen. Joe Manchin for energy secretary

    12/01/2016 12:44:37 PM PST · by SeekAndFind · 81 replies
    Politico ^ | 12/01/2016 | By DARIUS DIXON
    President-elect Donald Trump's transition team is considering Sen. Joe Manchin of West Virginia for the energy secretary job, according to three sources close to the discussions. The conservative Democrat “is being considered to show the coal people how serious Trump is about coal,” one source said. Manchin told POLITICO Thursday afternoon that he and his staff haven’t been contacted by Trump’s transition team and he didn't have any trips to New York City on his calendar. But Manchin, who is up for reelection in 2018 in a state that has become increasingly more Republican over the past decade, also didn’t...
  • Energy Efficiency Award 2016 Goes to Austria and German Companies

    12/01/2016 9:42:09 AM PST · by ndbest
    Oil and Gas Republic ^ | 12/01/2016 | ndubest
    The Energy Efficiency Award 2016 is funded by the Federal Ministry for Economic Affairs and Energy (BMWi) as the result of a decision by the German Federal Parliament. It is presented with the support of dena’s premium partners Danfoss GmbH and DZ BANK AG. The winners of the 10th Energy Efficiency Award have now been confirmed. The Deutsche Energie-Agentur (dena) – the German Energy Agency – has awarded the international Energy Efficiency Award to three German companies and one Austrian firm at its annual Congress in Berlin. The first prize went to snowboard manufacturer CAPiTA MFG for the networked heating...
  • EPA plans to withdraw pollution rule for 7 Texas power plants

    11/30/2016 7:33:46 PM PST · by Brad from Tennessee · 35 replies
    San Antonio Express-News ^ | November 30, 2016 | By Ryan Maye Handy
    The U.S. Environmental Protection Agency said it plans to withdraw a rule that would require seven Texas coal-fired power plants to reduce pollution coming from their stacks, providing at least a short-term reprieve for power companies fearful that the costs of ever stricter regulations would doom their plants. The rule would have mandated that the Texas plants, as well as eight others in Oklahoma, update scrubbers and other air pollution control devices to preserve air quality near national parks and wilderness areas, including Big Bend National Park on the Texas border with Mexico, and Guadalupe Mountains National Park on the...
  • Trump’s Path to Mount Rushmore

    11/30/2016 11:40:21 AM PST · by 2ndDivisionVet · 24 replies
    The American Interest ^ | November 27, 2016 | Walter Russell Mead
    Smart energy policy could give the next President his best prospect for spurring growth in manufacturing jobs—and thus delivering on the promises his voters think matter most. Pundits are terrible at predicting presidencies; remember the hymns to the greatness of the Second Lincoln, the New Roosevelt, and the Democratic Reagan that wafted to the heavens during the Obama transition. And the pundits were even worse at predicting Trump’s fate during the election; how many times did they predict his demise? But now, as convinced as ever of his incompetence and their infallibility, the punditocracy is telling us why the Trump...
  • New York State hasn't paid contract workers building Tesla's solar plant in months

    11/29/2016 7:23:41 PM PST · by DUMBGRUNT · 18 replies
    business insider ^ | 28 Nov 2016 | Danielle Muoio
    The state of New York is spending $750 million on the Buffalo plant as part of an economic revitalization project called the Buffalo Billion initiative spearheaded by Governor Andrew Cuomo. SolarCity pledged $150 million toward the plant... Tesla and Panasonic will manufacture and produce solar cells at the Buffalo plant as part of Tesla's new solar aspirations since it acquired SolarCity on November 17 in a deal worth roughly $2 billion. Initial production at the plant will center around Tesla's solar roof product. Louis Ciminelli, CEO of LPCiminelli, is known as a generous supporter of Cuomo. Ciminelli, along with his...
  • U.S. Spends Millions to Give Africa “Clean” Energy

    11/29/2016 3:48:17 PM PST · by jazusamo · 36 replies
    Judicial Watch ^ | November 29, 2016
    As part of a broad mission to end extreme poverty worldwide the Obama administration is giving unproven startups millions of dollars to create solar power in Africa. It’s a multi-million-dollar U.S. initiative to inspire entrepreneurs and investors to help bring enough connections so households in sub-Saharan Africa have access to clean, modern and affordable electricity. Uncle Sam will pitch in around $36 million and the money will flow through Power Africa, a program created by President Obama to increase the number of people with access to power in the world’s second-largest continent. More than 600 million people in sub-Saharan Africa...
  • U. K., France, Russia Want To Join Pakistan-China’s CPEC

    11/28/2016 9:26:34 PM PST · by jcon40 · 3 replies
    vakuewalk.com ^ | Nov. 28, 16 | : Polina Tikhonova
    The CPEC is apparently becoming a new association (like BRICS), as many countries are showing interest in being part of the China-Pakistan Economic Corridor. With ambitions to even become a new union (like European Union, but not limited only to Europe), the CPEC, co-created by Pakistan and China, has already attracted big international players such as Russia, the U.K. and France. The $51 billion project has been all over the news lately, not only because it’s a game-changer for China, Pakistan and Asia as a whole, but also because there’s a theory that India could start a military conflict over...
  • Undeterred By Trump Threats, Schlumberger Signs Deal With Iran

    11/28/2016 2:18:18 PM PST · by bananaman22 · 14 replies
    Oilprice.com ^ | 28-11-2016 | The Ayatollah and his mom
    Just about everyone right now wants to know where President-elect Donald Trump stands on Iran, and what fate lies ahead for the nuclear deal and the easing of sanctions that have energy companies’ mouths watering—not the least of them oilfield services giant Schlumberger, which has just hedged its bets that sanctions are history despite heavy rhetoric to the contrary. Schlumberger has signed a memorandum of understanding with the National Iranian South Oil Company for the development of oilfields in Iran’s southern Khouzestan province, making it the second Western energy major to return to Iran after the lifting of most sanctions....
  • Native Americans: Help Make America Great Again

    11/28/2016 5:15:36 AM PST · by Kaslin · 42 replies
    Townhall.com ^ | November 28 | Katie Kiefer
    Native Americans protesting the construction of the 1,200-mile Dakota Access oil pipeline: quit throwing rocks at police; stop setting cars ablaze; discard your “Children Don’t Drink Oil” signs—and join your fellow brothers and sisters in making America great again. “We don’t have weapons. … We are looking out for … the children who are not even born yet,” Standing Rock Sioux chairman David Archambault II said to defend his 10,000-member tribe’s use of violence, aggression and disorderly conduct to protest the construction of the $3.7 billion Dakota Access pipeline. No weapons? “A line of sheriff’s officers retreated in the face...
  • A Trump U.S. Energy Boom

    11/27/2016 4:01:39 AM PST · by reaganaut1 · 16 replies
    Wall Street Journal ^ | November 26, 2016
    Donald Trump this week released a video detailing the plans for his Administration’s first 100 days, and one bright spot is his agenda for American energy. The President-elect promised to peel away government obstacles, and he will have plenty of work after President Obama’s eight-year regulatory onslaught. “I will cancel job-killing restrictions on the production of American energy, including shale energy and clean coal, creating many millions of high-paying jobs,” Mr. Trump said in his two-minute clip. “That’s what we want, that’s what we’ve been waiting for.” Here’s one place to look: Last week the Obama Administration finished a five-year...
  • How American Coal Could Come Back Leaner and Cleaner

    11/25/2016 2:22:05 AM PST · by RoosterRedux · 32 replies
    americanthinker.com ^ | Christopher Mendoza
    It’s been a wild month for the U.S. coal In reality, new technologies mean coal power can be made cleaner than ever. By the EPA’s own measure, emissions of carbon dioxide and other pollutants released by coal plants have fallen by more than half over the last 40 years. There have been tremendous breakthroughs in clean coal technology, which uses carbon capture and storage (CCS) to remove the vast majority of carbon dioxide from coal power emissions. If this technology were given a genuine chance rather than being written off as a myth, clean energy might not have to mean...
  • Army Corps to close protest camp near Dakota Access Pipeline

    11/26/2016 6:03:40 PM PST · by Cheerio · 22 replies
    Hot Air ^ | November 26, 2016 | John Sexton
    The public land where hundreds of protesters have been camping out as they protest construction of the Dakota Access Pipeline will be closed on December 5th. That announcement was made in a letter sent by the U.S. Army Corps of Engineers to the Standing Rock Sioux tribe on Friday. The Associated Press reports: The letter, provided by the tribe, says: “To be clear, this means that no member of the general public, to include Dakota Access pipeline protesters, can be on these Corps lands.” It says anyone on land north of the river after Dec. 5 will be trespassing and...
  • Lands activists urge Trump to revoke Obama’s national monuments

    11/26/2016 10:21:56 AM PST · by Baynative · 46 replies
    WaTimes ^ | Nov. 24, 2016 | Ben Wolfgang
    Western lands activists are urging Donald Trump to test the limits of executive power by revoking millions of acres that President Obama set aside as national monuments, setting up a landmark legal battle over one of the nation’s most frequently used environmental protections. Such a step would be historic. No president has undesignated a national monument created by his predecessor, and it’s unclear whether he has the authority to do so. But Obama administration critics say now is the time to try to establish a precedent. They say Mr. Obama has wildly abused presidential power in using the 1906 Antiquities...
  • EU throws in the towel over national energy support schemes

    11/25/2016 7:02:11 AM PST · by Lorianne · 2 replies
    Eur Activ ^ | 23 November 2016 | Frédéric Simon
    EU member states have pressed ahead with a variety of schemes to remunerate energy generators for keeping power plants on stand-by, despite warnings from Brussels. It now seems certain that such “capacity mechanisms” will remain a fact of life, at least for the foreseeable future. When it opened its initial consultation in July 2015 on a new design for Europe’s electricity market, the EU executive called for “an effective regulatory and governance framework which reduces the need for interventions such as capacity mechanisms”. The European Commission had in mind national schemes that effectively pay the owners of power plants, many...
  • Dakota Tribe’s New Water System May End Concerns Over Oil Leaks

    The American Indian tribe arguing the Dakota Access Pipeline would leak oil in its water source finalized a years-long plan to move its water source 70 miles downstream of the project. The Standing Rock Sioux tribe orchestrated a months-long battle against the pipeline due in large part to worries about contamination of their primary water source. The decision to plant a water treatment plant several miles downwind of the pipeline’s location, environmental analysts argue, may dispel concerns associated with the project. The relocation was years in the making. Standing Rock currently gets its water 20 miles away from the so-called...
  • Iran, Iraq reluctance emerges as a hurdle to OPEC output deal

    11/23/2016 6:56:43 AM PST · by Ernest_at_the_Beach · 8 replies
    http://www.marketwatch.com ^ | Nov 23, 2016 7:41 a.m. ET | By Benoit Faucon -- The Wall Street Journal
    Iran and Iraq emerged as major stumbling blocks to an OPEC agreement on reducing crude-oil output, as cartel members gathered ahead of their official meeting to tackle the thorny puzzle of how to share the pain of reducing their productionOfficials of the Organization of the Petroleum Exporting Countries who met for midlevel talks aimed at nailing down terms ahead of a formal Nov. 30 meeting made progress by outlining cuts of as much as 4.5% for most countries, and by providing specific targets to each country, people familiar with the matter said.A cut of 4.5% would reduce OPEC’s output faster...
  • EDITORIAL: Obama cancellation of Colorado leases a ‘mockery’ of property rights

    11/22/2016 3:56:10 PM PST · by snarkpup · 8 replies
    The Free Range Report ^ | Nov. 22, 2016 | Rose Pugliese
    Last week, the Obama Administration canceled twenty-five of western Colorado’s natural gas leases, ten years after issuance. The lease cancellation announcement was made in a special fly-over Denver press conference, demonstrating true political blindness in the face of a huge political defeat during this month’s elections. The Administration was denied a third term because of the mockery they have made over the past eight years of property rights at the expense of our rural communities. ... In the coming days and months, the Mesa County Commissioners and other elected officials will be completing a list of federal policies that must...
  • Donald Trump's infrastructure plan wouldn't actually fix America's infrastructure problems

    11/21/2016 9:00:54 PM PST · by Tolerance Sucks Rocks · 25 replies
    Vox ^ | November 18, 2016 | Brad Plumer
    Donald Trump loves the idea of infrastructure. He brings it up all the time. He wants to make an infrastructure bill a priority in his first 100 days as president. And Democrats like Nancy Pelosi and Chuck Schumer have said they’d love to work with him on this."We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals," Trump promised cheering supporters on election night. "We're going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it."The...
  • On his way out, Obama cedes Arctic energy control to Russia

    11/19/2016 5:39:50 PM PST · by 2ndDivisionVet · 36 replies
    Hot Air ^ | November 19, 2016 | Jazz Shaw
    This isn’t really the same as prying the W’s off the keyboards in the Oval Office, but Barack Obama seems determined to leave some unpleasant going away presents for his successor on the domestic energy front. Before leaving office, the President has modified the agreement for future oil exploration leases to eliminate nearly all Arctic sites. Needless to say, the energy industry isn’t exactly ecstatic over this. (Politico) President Barack Obama is throwing up roadblocks to Donald Trump’s pledges to expand offshore drilling, with a new plan that will declare parts of the Arctic off-limits. Obama’s Interior Department on Friday...
  • A Bleak Outlook for Trump’s Promises to Bring Back Jobs for Coal Miners

    Donald J. Trump made coal a centerpiece of his campaign, holding rousing rallies with miners in hard hats, who he said had been neglected under eight years of the Obama administration. The strategy paid off, helping him score crucial wins in Pennsylvania and Ohio.Now, though, coal may prove a different sort of symbol — that is, of the challenges that the president-elect will face delivering on his many promises to restore struggling sectors of the American economy.The United States coal industry and the jobs that support it have been in decline for decades as a result of environmental concerns, automation...
  • Pipeline Anarchy

    11/19/2016 10:04:26 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | November 19, 2016 | Paul Driessen
    Is this to be our future? Last week’s elections will soon end autocratic rule via executive fiat, the war on coal and hydrocarbons, IRS agents targeting opposition groups, government SWAT teams invading businesses and homes, and numerous other Abuses and Usurpations.In its place we’re getting leftist anarchy and riots – with mindless, incoherent radicals smashing Portland storefronts, beating a Chicago motorist, and pummeling a ninth grade Woodside, CA Trump supporter.Amid it all, the epitome of nihilist, watermelon environmentalist, criminal, sore-loser fury is raging south of Bismarck, North Dakota, where thousands of “peaceful protesters” are camping illegally on federal and private...
  • On its way out, Obama administration moves to slam the door shut on Arctic drilling

    11/18/2016 12:56:27 PM PST · by Innovative · 41 replies
    Washington Post ^ | Nov. 18, 2016 | Brady Dennis and Steven Mufson
    The Obama administration on Friday banned offshore drilling in the Arctic, setting a likely collision course with President-elect Donald Trump, who has vowed to “unleash” new energy production in the United States by rolling back restrictions on oil and gas companies. The move by the Interior Department, part of a new five-year plan for energy development in federal waters, would put a temporary end to exploration in the Chukchi and Beaufort Seas off the Alaskan coast. It also dropped plans to allow companies to drill for oil and natural gas in the Atlantic Ocean off of four southeastern states, including Virginia.
  • Judge orders Democratic AGs leading Exxon climate-change probe to appear for depositions

    11/18/2016 12:00:14 PM PST · by Brad from Tennessee · 7 replies
    Washington Times ^ | November 18, 2016 | By Valerie Richardson
    A federal judge has advised two Democratic attorneys general leading the charge against ExxonMobil to appear for pretrial testimony on their climate-change investigations. New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey are scheduled to undergo depositions by Exxon attorneys on Dec. 13 in Dallas, according to the Thursday order by U.S. District Court Judge Ed Kinkeade. Exxon is challenging the prosecutors’ subpoenas demanding thousands of documents and communications related to probes into whether the company committed fraud by misleading the public about its research on global warming. Exxon has argued that the investigations are politically motivated...
  • Saudi Arabia Issues Warning To Trump: Don’t Stop Saudi Oil Imports

    11/18/2016 11:32:25 AM PST · by Lorianne · 72 replies
    Oil Price ^ | 15 November 2016 | Zainab Calcuttawala
    President-elect Donald Trump jeopardizes the global economy through his promises to block Middle East oil imports for the purpose of creating an energy independent United States, according to petrostate Saudi Arabia. Over the course of the two-year American election process, Republican nominee Trump promised on the campaign trail to divest U.S. interests from “our foes and the oil cartels,” referring mainly to the Organization of Petroleum Exporting Countries (OPEC), of which the KSA is the largest producer and de facto leader. “At his heart President-elect Trump will see the benefits and I think the oil industry will also be advising...
  • The largest oil deposit ever found in America was just discovered in Texas

    11/18/2016 11:34:24 AM PST · by Lorianne · 49 replies
    Business Insider ^ | 16 November 2016 | Akin Oyedele
    The US Geological Survey said Tuesday that it assessed what could be the largest deposit of untapped oil ever discovered in America. An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are available for the taking in the Wolfcamp shale, which is in the Midland Basin portion of Texas' Permian Basin. Based on a West Texas Intermediate crude oil price of $45 per barrel, those deposits are worth about $900 billion. US oil exploration companies have flocked to the superrich Permian Basin in recent years and used shale-drilling technology to create an...
  • Back to the Drawing Board on Energy Policy

    11/18/2016 11:05:54 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 11/16/2016 | Jason Hayes
    While most of the world was following election results, another key issue that will heavily affect Michiganders was moving in the state Legislature. Regulations covering energy and electricity choice have been ramping up there, but national events should put a halt to Michigan Republicans fast-tracking this issue. The election of Donald Trump as the next president of the United States and the GOP maintaining control of the U.S. House and Senate means the key reason for pushing forward with Senate Bill 437, a bill that will revise utility regulations in Michigan, has effectively gone away. One primary reason supporters of...
  • Obama Tears Up Drilling Permits to Stop Gigantic Energy Boom in Colorado

    11/18/2016 7:53:47 AM PST · by blueyon · 87 replies
    breitbart.com ^ | 11/17/16 | by Chriss W. Street
    Sally Jewell, the U.S. interior secretary, just cancelled leases to drill for natural gas on federal land in Colorado, in a last-ditch effort to stop an energy boom bigger than Bakken Shale discovery in North Dakota. Jewell’s Bureau of Land Management claimed that the 25 “Mancos” energy drilling leases now being cancelled were just a non-performing portion of 65 leases on “lands managed by the White River National Forest” and “amount to less than ˝ of 1 percent of the active leases on public lands in the state of Colorado.” But the 25 properties were “non-performing” only because they have...
  • USGS Announces Its Largest Oil And Gas Discovery Ever In The States

    11/16/2016 9:06:41 PM PST · by fision · 48 replies
    NPR ^ | 11/16/2016 | Rebecca Hersher
    The U.S. Geological Survey says it has found the largest continuous oil and gas deposit ever discovered in the United States. On Tuesday, the USGS announced that a swath of West Texas known as the Wolfcamp shale contains 20 billion barrels of oil and 16 trillion cubic feet of natural gas. That is nearly three times more petroleum than the agency found in North Dakota's Bakken shale in 2013. As NPR's Jeff Brady reported, the amount of oil in the Wolfcamp shale formation is nearly three times the amount of petroleum products used by the entire country in a year....
  • Permian’s Wolfcamp formation called biggest shale oil field in U.S.

    11/16/2016 5:06:48 PM PST · by RoosterRedux · 11 replies
    Joe Carroll
    Link only...Bloomie via Star Telegram$900 billion.
  • Drill, Baby Drill! American Made Energy Makes America Great Again

    11/16/2016 6:40:52 PM PST · by Bratch · 19 replies
    Facebook ^ | November 16, 2016 | Sarah Palin
    Drill, Baby Drill! American Made Energy Makes America Great Again Permian, ANWR, Prudhoe, Bakkan…. and so much more. NOW is the time to shut off the Saudi oil cartel flow valve and develop our own God-given natural resources. The only excuse not to become energy independent is a political excuse. The inherent link between energy and security, and energy and prosperity, is real and recognized by every American except sketchy politicians and deceived faux environmentalists. We have the resources, we have the technology, we have the manpower. America has the highest environmental and worker safety standards in the world… it’s...
  • Vast Shale Oil Field in Texas Could Yield 20 Billion Barrels

    11/16/2016 5:21:43 PM PST · by smokingfrog · 32 replies
    ABC News ^ | 11-16-16 | David Warren
    A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil the U.S. Geological Survey has ever assessed, agency officials said. The Wolfcamp Shale geologic formation in the Midland area also contains an estimated 16 trillion cubic feet of natural gas and 1.6 billion barrels of natural gas liquids, the agency said in a release. The discovery is nearly three times larger than the shale oil found in 2013 in the Bakken and Three Forks formations in the Dakotas and Montana, said Chris Schenk, a Denver-based research...
  • USGS announces largest estimate of oil and gas ‘ever assessed in the United States’

    11/16/2016 4:41:20 PM PST · by Kaslin · 103 replies
    Hot Air.com ^ | November 16, 2016 | JOHN SEXTON
    Tuesday the U.S. Geological Survey announced the largest ever assessment of “continuous oil” ever made in the United States. The Wolfcamp shale in the area of Midland, Texas is estimated to contain three times the oil and gas of the Bakken shale formation in Montana and North Dakota. From the USGS: The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey. This...
  • Saudi Arabia warns Trump on blocking oil imports

    11/16/2016 12:47:27 AM PST · by yoe · 34 replies
    Finanical Times ^ | Nnvember 15, 2016 | Pilita Clark
    Saudi Arabia has warned (Donald Trump) that the incoming US president will risk the health of his country’s economy if he acts on his election promises to block oil imports.In a sign of the difficulties Mr Trump faces over his campaign pledges to create “complete American energy independence” from “our foes and the oil cartels”, Saudi Arabia’s energy minister pointedly reminded the president-elect that the US “benefits more than anybody else from global free trade”, adding, “energy is the lifeblood of the global economy”.
  • Wall Or No Wall: Trump Needs The Mexican Oil Industry

    11/15/2016 2:32:23 PM PST · by bananaman22 · 34 replies
    Oilprice.com ^ | 15-11-2016 | Trumpster
    Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now that the election is over, these issues are coming to the fore. First, the president-elect said that the wall, which he mentioned on the campaign trail and in numerous debates, is still very much on the table, though what type of “wall” that may be is an unknow. Second, he said he planned to start deporting illegal aliens—those with criminal records—which could amount to as many as three million individuals. Despite “The Wall”, the deportation...
  • State Gave Biofuel Company Millions for Unbuilt Plant

    11/15/2016 1:07:59 PM PST · by MichCapCon · 5 replies
    Michigan Capitol Confidential ^ | 11/13/2016 | Tom Gantert
    A renewable energy company founded by a pair of Ivy League professors took millions in state and federal dollars to deliver a biofuel plant in the Upper Peninsula that was never built. The company’s intellectual property rights were then sold for an undisclosed sum to a private Canadian company. Back in 2008, New Hampshire’s Mascoma Corporation was pegged by then-Gov. Jennifer Granholm as the type of company that was going to reinvent Michigan’s economy. President Barack Obama even mentioned the company by name in a 2008 speech. But instead, the company burned through its government subsidies before its intellectual property...
  • Billionaire Tom Steyer calls on Obama to block offshore drilling

    11/14/2016 9:44:23 PM PST · by afraidfortherepublic · 34 replies
    Politico via Hot Air ^ | 11-14-16 | By Esther Whieldon, Politico via Hot Air John Sexton
    Billionaire environmentalist Tom Steyer is calling on President Obama to permanently ban offshore drilling in the Atlantic and Arctic using his executive authority. From Politico: NextGen and White House officials have discussed the possibility of Obama using his executive powers under a section of the law governing offshore drilling that allows him to “withdraw from disposition” any section of the Outer Continental Shelf that has not already been leased for oil or gas drilling… Steyer’s group says more permanent protections are available using section 12(a) of the OCS Lands Act. Similar to the Antiquities Act, which presidents can use to...