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Keyword: energy

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  • Green Energy Poverty Week

    04/22/2017 9:09:50 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | April 22, 2017 | Paul Driessen
    April 22 is Earth Day, the March for Science and Lenin’s birthday (which many say is appropriate, since environmentalism is now green on the outside and red, anti-free enterprise on the inside). April 29 will feature the People’s Climate March.The Climate March website says these forces of “The Resistance” intend to show President Trump they will fight his hated energy agenda every step of the way. Science March organizers say they won’t tolerate anyone who tries to “skew, ignore, misuse or interfere with science.”After eight years of government policies that killed jobs and economic growth – and skewed, ignored, misused,...
  • First coal-free day in Britain since Industrial Revolution

    04/22/2017 12:55:17 AM PDT · by Winniesboy · 47 replies
    BBC ^ | April 22nd 2017 | anon
    Britain went a full day without using coal to generate electricity for the first time since the Industrial Revolution, the National Grid says. The energy provider said Friday's lack of coal usage was a "watershed" moment. Britain's longest continuous energy period without coal until now was 19 hours - first achieved last May, and again on Thursday. The government plans to phase out Britain's last plants by 2025 in order to cut carbon emissions. Friday is thought to be the first time the nation has not used coal to generate electricity since the world's first centralised public coal-fired generator opened...
  • Clean Coal: Carbon Capture and Enhanced Oil Recovery

    04/20/2017 6:58:10 PM PDT · by Ernest_at_the_Beach · 12 replies
    warrs up with that? ^ | April 18, 2017 | David Middleton
    Guest post by David Middleton THE 240MWE FACILITY IS THE LARGEST POST-COMBUSTION CARBON CAPTURE PROJECT IN THE WORLD WASHINGTON, D.C. — Secretary of Energy Rick Perry took part in a ribbon-cutting ceremony today to mark the opening of Petra Nova, the world’s largest post-combustion carbon capture project, which was completed on-schedule and on-budget. The large-scale demonstration project, located at the W.A. Parish power plant in Thompsons, Texas, is a joint venture between NRG Energy (NRG) and JX Nippon Oil & Gas Exploration Corporation (JX).“I commend all those who contributed to this major achievement,” said Secretary Perry. “While the Petra Nova...
  • Oil slumps as surprise gasoline build raises supply worries

    04/20/2017 10:26:58 AM PDT · by Berlin_Freeper · 36 replies
    cnbc.com ^ | April 19, 2017 | Reuters
    Oil slumped to a two-week low on Wednesday, after U.S. data showed a smaller-than-expected drop in overall crude stocks and a surprising build in gasoline inventories, which raised worries about excessively high global supply. U.S. crude futures settled down $1.97 to $50.44 a barrel, a 3.8 percent drop, the worst-one day decline since March 8, as investors bailed out of long positions in response to the bearish inventory figures.
  • Greater sage grouse kills Oregon wind-energy project

    04/20/2017 2:11:21 PM PDT · by george76 · 28 replies
    The Washington Times ^ | April 20, 2017 | Valerie Richardson
    After years of creating headaches for the oil-and-gas industry, the greater sage grouse is now standing in the way of renewable energy. The U.S. District Court in Portland on Wednesday killed a major wind-energy project slated for southeast Oregon over concerns about its impact on a local sage grouse population in a victory for environmental groups, which had fought the proposal for years. The 104-megawatt project, which would have spread up to 70 wind turbines and a transmission line across 10,500 acres in rural Harney County, was decried by environmentalists as an “industrial scale wind development” that would have disrupted...
  • ‘Apple of oil’ EOG stays ahead of rivals with fracking 2.0

    04/20/2017 9:30:32 AM PDT · by Ernest_at_the_Beach · 6 replies
    heaustralian.com.au ^ | April 1, 2017 | Erin Ailworth The Wall Street Journal
    Using a proprietary app called ­iSteer, Brian Tapp, a geologist for EOG Resources, dashed off instructions to a drilling rig 160km away. This tool is among the reasons the little-known Midland, Texas, company says it pumps more oil from the continental US than Exxon Mobil, or any other producer.A rig worker received Mr Tapp’s iPhone alert and tweaked the trajectory of a drill bit thousands of feet underground, to land more squarely in a sweet spot of rock filled with West Texas crude.US shale drillers transformed the energy industry over the past decade with hydraulic fracturing and horizontal drilling, in...
  • John McCain: Exxon Is 'Crazy' to Want to Drill for Oil in Russia

    04/20/2017 5:59:46 AM PDT · by Trump20162020 · 33 replies
    Time ^ | Apr 19, 2017 | Aric Jenkins
    Sen. John McCain (R-Ariz.) suggested Exxon Mobil is "crazy" in response to a report that the oil giant is seeking a waiver to resume projects in Russia. "Are they crazy?" McCain tweeted Wednesday with a link to the Wall Street Journal's report.
  • JAW-DROPPING: Coal's Colossal Comeback (35,000 jobs added since October)

    04/19/2017 10:37:29 PM PDT · by 2ndDivisionVet · 45 replies
    Doug Ross @ Journal ^ | April 19, 2017 | Stephen Moore
    Buried in an otherwise-humdrum jobs report was the jaw-dropping pronouncement by the Department of Labor that mining jobs in America were up by 11,000 in March. Since the low point in October 2016, and following years of painful layoffs in the mining industry, the mining sector has added 35,000 jobs. What a turnaround. Liberals have been saying that Donald Trump was lying to the American people when he said that he could bring coal jobs back. Well, so far, he has delivered on his promise. There's more good news for the coal industry. Earlier this month, Peabody Energy — America's...
  • New Mexico assets capture attention of oil and gas giants

    04/19/2017 12:20:32 PM PDT · by CedarDave · 6 replies
    The Albuquerque Journal ^ | April 18, 2017 | Susan Montoya Bryan, AP
    ALBUQUERQUE, N.M. — As New Mexico’s elected leaders wrangle over raising taxes to plug a budget shortfall, major multinational energy companies have quietly spent more than $13 billion in recent months on assets in the state’s oil and gas hot spots. The new wave of investment bodes well for the industry being able to generate much-needed revenues for the struggling state over the long haul, analysts said. The interest from companies such as Texas-based EOG Resources, ExxonMobil and Marathon Oil started last fall and is carrying into this year despite prices remaining around $50 a barrel. New Mexico also led...
  • Reeling From Low Oil Prices, Saudis Look To Freeze Megaprojects

    04/19/2017 9:22:40 AM PDT · by Lorianne · 21 replies
    Oil Price ^ | 17 April 2017 | Irina Slav
    Saudi Arabia will start reviewing a number of multi-billion-dollar infrastructure and development project—remnants from a better past when crude oil prices were in three-digit territory. Some of these, according to government sources, will be shelved and others will be restructured. The review is part of urgent reforms prompted by the oil price rout from 2014, which saw Saudi Arabia plunge into a budget deficit for the first time in its history. As part of efforts to reform the oil-reliant economy, last year Deputy Crown Prince Mohammed bin Salman removed from their positions the Kingdom’s long-serving oil and finance ministers, Ali...
  • Opinion: Fracking could fuel Alaska’s next oil boom

    04/18/2017 11:02:30 AM PDT · by Ernest_at_the_Beach · 21 replies
    marketwatch.com ^ | Apr 18, 2017 1:37 p.m. ET | By Scott L. Montgomery
    Over the past year oil companies have discovered five billion barrels or more of recoverable oil on Alaska’s North Slope*******************************INteractive chart****************************Varios prices by trading time. of day***************************************************Fracking has been utilized in Alaska since the 1980s, but on a small scale. An earlier version said this would be the first time fracking is used in Alaska.************************ Arctic lands and waters hold irresistible allure for global oil companies. Despite opposition from environmental groups and President Obama’s 2016 ban on drilling in federal Arctic waters, exploration in Alaska has revealed massive new volumes of oil.This comes at a time of low oil prices...
  • On Earth Day, celebrate fossil fuels in Colorado and beyond

    04/17/2017 9:21:37 PM PDT · by 198ml · 10 replies
    The Gazette ^ | 4/17/17 | Gazette
    We love Mother Earth and look forward to Earth Day, April 22. These are exciting times for energy, as innovation improves the conversion of wind, solar and geothermal heat into power for our offices, homes and electric cars. Our lives improve as energy options increase. On a day we celebrate the Earth, it is reasonable for people to also acknowledge the role fossil fuels play in helping maintain and even improve our planet's condition. Fossil fuels continue providing most of our energy and will do so for generations to come. Without fossil fuels, we cannot build a single solar panel...
  • How The Ethanol Mandate Is Killing The American Prairie

    04/14/2017 12:54:16 PM PDT · by Forgotten Amendments · 25 replies
    Investor's Business Daily ^ | 4/13/2017 | William F Shughart II
    America's long war on fossil fuels is destroying the famed American prairie. According to a report by the Organic Consumers Association, 95% of the 240 million acres of prairie land that once blanketed the middle of our country, from Texas to North Dakota, already is gone. Only isolated pockets of prairie tall grass, some 35 million acres set aside for soil and wildlife conservation, remain. And that — largely in the Great Plains — is at risk of being destroyed. Among the factors most responsible for this tragic loss of our prairie heritage is the federal renewable fuel standard, a...
  • Dakota Pipeline Scheduled To Begin Delivering Oil In May

    04/14/2017 8:33:43 AM PDT · by george76 · 9 replies
    The Daily Caller News ^ | 04/14/2017 | Chris White
    Energy Transfer Partners, the developer behind the so-called DAPL, is scheduled to start delivering oil on May 14 to Illinois, according to filings from the Federal Energy Regulatory Commission. The oil project is expected to transport more than 500,000 barrels of oil a year across the eastern section of the country. ... The Obama administration rejected the previously approved pipeline last December ... President Donald Trump eventually issued orders approving the DAPL in January ... many demonstrators have begun diverting their attention to the equally contentious Keystone XL Pipeline, another oil pipeline Trump approved through executive order. Obama originally rejected...
  • EPA head tells coal miners 'regulatory assault is over'

    04/13/2017 6:46:27 PM PDT · by Olog-hai · 21 replies
    Associated Press ^ | Apr 13, 2017 6:37 PM EDT | Joe Mandak
    Environmental Protection Agency Administrator Scott Pruitt told dozens of Pennsylvania coal miners Thursday that the “regulatory assault” on their industry is over, and that the environment can be protected without hurting business. “We’re going to do it the American way, grow jobs and show the rest of the world how it’s done,” Pruitt said before going on a mine tour about 50 miles south of Pittsburgh. “The regulatory assault is over,” he said, referring to tightened environmental and other regulatory standards on coal and other energy industries under former President Barack Obama. “We’re going to partner together with you.” Pruitt...
  • Duke Energy upgrade project to create 14K jobs a year (North Carolina)

    04/13/2017 2:07:31 PM PDT · by 2ndDivisionVet · 16 replies
    WRAL-TV ^ | April 13, 2017 | Staff
    CHARLOTTE—Duke Energy has launched its Power/Forward Carolinas project -- a $13 billion, 10-year program to modernize the state's electric system. It says the initiative will result in nearly 14,000 new jobs a year and more than $1 billion in tax benefits to communities. Duke says project upgrades will harden the system against storms and outages; make it safer and more resilient against cyber-attacks and physical threats; help expand renewable energy; generate jobs and stimulate economic growth. It will also give 7 million people in North Carolina more information to manage their energy use. David Fountain, Duke Energy's North Carolina president...
  • Low Break-Even Prices Are For Everyone--Not Just Shale Companies

    04/12/2017 8:09:10 AM PDT · by Lorianne · 7 replies
    Forbes ^ | 09 April 2016 | Art Berman
    Shale companies have pushed break-even oil prices below $40 per barrel---but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data from annual reports filed with the U.S. SEC (Securities and Exchange Commission) suggests otherwise. Along with tight oil companies, ExxonMobil, Royal Dutch Shell, ConocoPhillips and ChevronTexaco all had 2016 break-even prices below $40 per barrel (Figure 1). How is it possible that ponderous major oil companies have similar break-even prices as much smaller, innovative shale companies? Simple--costs have fallen for everyone since 2014 as oil field service companies competed for...
  • Russia turns iffy on Japan gas future as Abe heads to Moscow

    04/11/2017 5:36:31 AM PDT · by blueplum · 7 replies
    Bloomberg via Japan Times ^ | 10 April 2017 | Stephen Stapczynski and Elena Mazneva
    Russia’s Gazprom PJSC isn’t confident in Japan’s future as a growing natural gas user, which may damp prospects of a proposed pipeline between the countries as Premier Shinzo Abe travels to Moscow later this month. [snip] Abe, seeking to deepen economic ties with Russia in an effort to resolve a 70-year-old dispute over islands off Hokkaido, is set to visit Moscow on April 27. Russian gas supplies to Japan, including the possible pipeline between the nations, could be discussed during the visit, Russia’s Kommersant newspaper reported last month. [snip] Russia has turned to Asia as a growth market for its...
  • 35 U.S. crude flow to Asia props up tanker market damaged by OPEC cuts

    04/09/2017 8:35:08 AM PDT · by Hojczyk · 8 replies
    Energy Mix report ^ | on Apr 8, 2017 | By Editor on Apr 8, 2017
    OPEC all but trashed the tanker market with its output cuts. That the damage hasn’t been even worse is thanks in large part to a flood of U.S. crude exports, particularly to Asia, Bloomberg reports. China zoomed past Canada to become the biggest foreign destination for American crude in February, accounting for more than 8 million barrels of U.S. cargoes. Tanker tracking is indicating no let up in U.S. oil flooding to Asia in March, boosting shipments on what is one of the industry’s longest-distance trade routes. Freight rates for oil collapsed this year after the Organization of Petroleum Exporting...
  • Trump prepares to overturn Obama’s limits on offshore oil drilling

    04/08/2017 10:40:28 AM PDT · by 2ndDivisionVet · 15 replies
    The Houma Courier ^ | April 7, 2017 | Juliet Eilperin and Steven Mufson, The Washington Post
    The White House is readying an executive order that aims to open up new areas of the Atlantic and Arctic oceans to offshore oil and gas drilling, according to multiple individuals briefed on the proposal. The White House is considering issuing instructions to the Interior Department to reverse President Barack Obama’s withdrawal of hundreds of millions of offshore acres from future drilling in December 2016. The executive order -- which could come out in the next few weeks -- represents President Donald Trump’s latest attempt to promote domestic energy exploration by rolling back restrictions put in place by previous administrations,...