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Keyword: energy

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  • New York AG refuses to comply with U.S. House subpoena on Exxon probe

    07/26/2016 5:09:33 PM PDT · by Red in Blue PA · 17 replies
    WASHINGTON, July 26 (Reuters) - New York state's attorney general on Tuesday said his office will not comply with a subpoena issued by U.S. congressmen for details on its probe of whether Exxon Mobil misled investors on climate change risks, saying it interferes with the state's "sovereign" interests. The move by New York Attorney General Eric Schneiderman is the latest in the escalating political and legislative fight over Exxon Mobil and investigations on whether the oil giant knowingly misled shareholders and the public on climate change. Earlier this month, the U.S. House of Representatives committee on science, space and technology...
  • Forget The Glut – This Is Why Oil Prices Will Rise

    07/26/2016 9:29:43 AM PDT · by bananaman22 · 18 replies
    Oilprice.com ^ | 26-07-2016 | Steffens
    U.S. oil production peaked at over 9.6 million barrels per day in June, 2015: Based on Core Labs' prediction above, U.S. oil production will fall to under 8.3 million barrels per day before the end of this year and will continue fall to under 7.5 million barrels per day sometime in 2017 before it stabilizes. The only thing that will stop U.S. oil production from falling is a sharp increase in oil prices. In my opinion, West Texas Intermediate (WTI) must move firmly over $60/bbl before we will see the increase in capital expenditures necessary to stabilize U.S. oil production....
  • Is This The Next Big Headache For Oil Prices?

    07/25/2016 8:00:46 AM PDT · by bananaman22 · 2 replies
    Oilprice.com ^ | 25-07-2016 | Nick
    When oil analysts look at the markets to try to get a sense of where oil prices are heading, one of the great unknowns, at least in the U.S. shale industry, is the large volume of drilled but uncompleted wells (DUCs). As oil prices began collapsing two years ago, shale drillers increasingly decided to defer the completion of their drilled wells, hoping to wait out the downturn and bring production online at a later point when prices rebounded. But with oil prices suffering from a prolonged downturn, the DUCS began to mount, leaving a huge backlog of potential production that...
  • Solar projects can't save the forest for the trees?

    07/25/2016 7:58:18 AM PDT · by Lorianne · 11 replies
    AP ^ | 23 July 2016 | FRANK ELTMAN
    A green energy project has some environmentalists seeing red. Solar energy ordinarily wins praise from groups that want to cut greenhouse gases, but a proposed solar project at a defunct Long Island nuclear power plant has stirred outrage because it requires demolishing 350 acres of woodlands.
  • A Great Line That No-One Noticed At The GOP Convention

    07/21/2016 9:20:38 AM PDT · by IBD editorial writer · 19 replies
    Investor's Business Daily ^ | 7/21/2016 | John Merline
    CLEVELAND -- It's tough to be a speaker at a political convention who has something substantive to say, because the sizzle always consumes the steak at these events. So it's not surprising that energy company executive Harold Hamm was overlooked amid Wednesday night's political sparks. But he delivered one of the better, or arguably one of the more important, lines of the night:
  • No **** Sherlock: Renewable Energy is a Disaster, New York Times Reveals

    07/20/2016 8:14:24 AM PDT · by rktman · 17 replies
    breitbart.com ^ | 7/20/2016 | James Delingpole
    Today’s “No Shit Sherlock” award goes to the New York Times‘s environment pages for their belated discovery that renewable energy is a lame duck. Is the global effort to combat climate change, painstakingly agreed to in Paris seven months ago, already going off the rails? Germany, Europe’s champion for renewable energy, seems to be having second thoughts about its ambitious push to ramp up its use of renewable fuels for power generation. Hoping to slow the burst of new renewable energy on its grid, the country eliminated an open-ended subsidy for solar and wind power and put a ceiling on...
  • Big Oil Begins To Worry About Trump’s Wall

    07/18/2016 11:14:56 AM PDT · by bananaman22 · 34 replies
    Oilprice.com ^ | 18-07-2016 | Wall of China
    Donald Trump’s idea to build a wall along the southern border of the U.S. has been called everything from controversial to harebrained, but—to the likely dismay of some of the oil majors—it’s now officially part of the Republican Party’s platform. As it turns out, the idea has been on the GOP table for a while, and Trump was just the man to voice it loudly and persistently enough. Trump’s wall is on the agenda, should he become president. A wall stopping people and vehicles from illegally crossing into the U.S. may appear to be a simple and effective solution to...
  • $14,000 per MWh – the price South Australia Pays for Renewables Madness

    07/17/2016 11:29:37 AM PDT · by MaxistheBest · 27 replies
    wattsupwiththat.com ^ | 07/14/2016 | Eric Worrall
    The South Australian Government been forced to beg fossil fuel operators to bring mothballed plants back online, to contain wild swings in electricity spot price caused by unstable renewable production, prices which last month peaked at $14,000 / MWh – up from more normal prices of $100 / MWh which prevailed before political favouritism towards renewables messed up the market. ------------------------------------------- South Australia intervenes in electricity market as prices hit $14,000MWh Turmoil in South Australia’s heavily wind-reliant electricity market has forced the state government to plead with the owner of a mothballed gas-fired power station to turn it back on....
  • Has anyone heard of Mukti Petroleum Inc.? Who owns it?

    07/17/2016 10:40:09 AM PDT · by EinNYC · 44 replies
    Local gas station sign | July 17, 2016 | Me, Myself, & I
    A local Citgo gas station recently changed into a "Mukti" gas station. I tried to do some research on Google to find out who Mukti is, but could not find out who really is behind that company. I suspect it is some Muzzie enterprise, and therefore I wouldn't touch it with a 10 ft. pole. Does any FReeper know anything about this company? Apparently it's quite local for the time being, hasn't gone national or even regional.
  • Hillary to Ohio, West Virginia, Kentucky and Pennsylvania Coal Miners: “McDonald’s is Hiring!

    07/15/2016 6:12:13 PM PDT · by Sean_Anthony · 32 replies
    Canada Free Pressa ^ | 07/15/16 | William Kevin Stoos
    "I misspoke when I said I misspoke: I really will put you out of business." —Satire When Hillary Clinton spoke at an Ohio town hall meeting during her primary campaign earlier this year, her flippant remark that she would “put a lot of coal miners outta work,” if she is elected President, was as welcome to coal miners as a skunk at a picnic. In an effort to un-ding the bell and reverse the political damage caused by her remarks (undoubtedly one of the reasons that 30,000 Democrats in Pennsylvania switched to the GOP in recent months) she quickly reversed...
  • As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbor

    07/13/2016 8:07:54 PM PDT · by dennisw · 29 replies
    zerohedge ^ | Jul 13, 2016 9:33 PM | by Tyler Durden
    Just over a month ago, when we pointed out that that the gasoline curve was about to shift from contango into backwardation, we said that the gasoline tanker armada off the coast of Singapore was about to start offloading as it would soon become uneconomical to hold product in offshore storage. This meant one thing: China was about to unleash a wave of accelerated gasoline exports across the entire world. We pointed out the unprecedented surge in Chinese gasoline stocks... and added that as China continues to imports tremendous amounts of both crude and product, far greater than actual demand,...
  • Citibank: We’re Nearing A Bull Market For Oil

    07/12/2016 10:01:52 AM PDT · by bananaman22 · 8 replies
    Oilprice.com ^ | 12-07-2016 | Citi
    Citigroup is “especially bullish” on commodities in 2017, the bank says. “The oil market is treading water for now, but the oil price overshot to the downside earlier this year and this is clearly setting the stage for a bullish end to the decade,” Citi analysts, led by Ed Morse, wrote in a research note published on July 11. There is a quite a bit of volatility in commodity markets, especially for oil, but global demand continues to grow at a steady pace. Prices have crashed on oversupply, but with oil production going offline, particularly in the U.S., the markets...
  • Fossil Fuel Divestment: A Fool's Errand

    07/10/2016 11:55:26 PM PDT · by 2ndDivisionVet · 5 replies
    Forbes ^ | July 7, 2016 | Robert Bradley Jr.
    Green activists are getting schooled in fossil fuel divestment. Despite left-environmentalists’ best efforts, New York University and the University of Cambridge just rejected pleas to stop investing in fossil fuels. The green push for institutions to scrap all oil, natural gas, and coal investments is several years old. Campaigners insist that starving fossil fuel producers of capital will leave mineral energy in the ground, save the climate, and thus rescue the earth. There isn’t enough space in this piece to dissect the exaggerated fears of global warming. Suffice it to say that climate science is revealing lower climate sensitivities to...
  • Dem AGs Accused of Flouting Public Records Laws

    07/10/2016 11:07:48 AM PDT · by Cheerio · 5 replies
    Washington Free Beacon ^ | July 6, 2016 | Lachlan Markay
    A conservative legal group is accusing state Democratic officials of conspiring to flout public records laws in order to keep secret details of a campaign to bring racketeering charges against climate policy dissenters. Democratic attorneys general led by New York’s Eric Schneiderman are seeking to block efforts to obtain documents about their efforts by invoking an overbroad claim to secrecy in ongoing legal proceedings, according to the Energy and Environment (E&E) Legal Institute. “These activist AGs are trying to write themselves out from freedom of information laws their legislatures have written them into,” E&E senior legal fellow Chris Horner said...
  • Venezuela's Energy Woes Spread to Its Closest Ally: Cuba

    07/09/2016 9:02:34 PM PDT · by Rabin · 17 replies
    Reuters via Rigzone ^ | Friday, July 8, 2016 | Marianna Parraga and Alexandra Ulmer|
    Venezuela's falling crude output and self inflicted financial woes have left it decimated... State-run oil firm PDVSA has slashed oil export to Cuba by 40 percent from the first half of 2015.
  • Cheap Gas’ Latest Victim is Fuel Economy

    07/08/2016 9:42:09 AM PDT · by bananaman22 · 9 replies
    Oilprice.com ^ | 08-07-2016 | Irina
    Falling prices at the pump have given motorists reason to rejoice continuously over the last year and a half, but they’re not good news for everyone. At least, not for the people who are about fuel economy. The latest sales-weighted fuel economy ratings report by the University of Michigan Transportation Research Institute revealed that in June, the value of the indicator was 25.3 miles per gallon, down from 25.4 mpg in May. Now, that’s not a huge dip, as Road Show author Andrew Krok notes, but it follows a pattern of declining fuel economy that parallels the decline in gas...
  • GOP Report: Obamacare cost-sharing payments violated the Constitution

    07/07/2016 5:27:26 PM PDT · by Kaslin · 22 replies
    Hot Air.com ^ | July 7, 2016 | JOHN SEXTON
    The Majority staff for two House Committees have released a report which concludes the Obama administration broke the law and violated the Constitution by making billions in Obamacare cost-sharing payments without congressional authorization. There are two major payments set out under Obamacare. First, premium tax credits, often referred to as subsidies, offset the monthly cost of insurance. Second, cost-sharing reductions are payments made to insurance companies to offset high deductibles and other out-of-pocket costs. The Obamacare law included a permanent appropriation of money to pay for the premium subsidies but not for the cost-sharing payments.The report issued Thursday demonstrates that...
  • ECO-WARRIORS on suicide watch after Germany does the unthinkable regarding wind energy

    07/07/2016 12:58:38 PM PDT · by Jookos · 13 replies
    Jookos News ^ | 7/7/2016 | Jookos News
    Liberals love to tout how great alternative energy is compared to fossil fuels. What the same environmentalists refuse to acknowledge is the costs that will be paid by the energy companies customers. While people such as Obama and Clinton continue to push for alternative energy by acting as if it’s a surefire way to lower energy costs, Germany has proven that a lie. The German government has officially declared it will cease building any new offshore wind turbines in an effort to lower energy costs for the European Union’s richest nation.
  • ISIS introduces ‘Golden Dinar’ currency, Hopes it will collapse U.S. dollar

    07/06/2016 5:12:05 PM PDT · by Fali_G · 45 replies
    The Foreign Desk ^ | 07/06/2016 | Lisa Daftari
    ISIS is now issuing its own currency referred to as the ‘Golden Dinar,’ with engravings bearing the words “Islamic State.” The coins, currently being released in limited quantity, are to primarily be used by traders in the oil industry in areas under Islamic State control, according to reports on jihadi online forums. Activists in Deir ez-Zor, Syria reported oil traders have been ordered to use the new Dinar when purchasing from ISIS-held oil fields. Reports from the Iraqi city of Mosul have indicated the Golden Dinar is being introduced to the currency market as part of a serious attempt to...
  • April 16, 2012 Vilnius, Lithuania : $7 Gasoline. Thanks Ben.

    07/05/2016 4:36:48 PM PDT · by vannrox · 23 replies
    SovereignMan.com ^ | April 16, 2012 | simon black
    The consistent theme from my travels so far in Europe– the UK, Scandinavia, Lithuania– has been noticeably higher prices. Shockingly so, in some instances. London, where I spent a rather pleasant and rare sunny weekend with friends and colleagues, has gone from being ‘stupid’ pricey, to just plain absurd. Tube prices, taxi fares, food prices, restaurant bills, train fares… it all keeps going up. And to cap it all off, the British government’s VAT increases have ensured that absolutely everyone is paying a little bit more. Here in Lithuania, the buzz around town is the spiraling gasoline prices, which have...
  • Fresh Niger Delta Attacks Could Send Oil Prices Up

    07/05/2016 10:11:41 AM PDT · by bananaman22 · 2 replies
    Oilprice.com ^ | 05-07-2016 | Niger Deltans
    The Niger Delta Avengers (NDA) were a major driver of the rally in oil markets over the past several months, as the outage of roughly 600,000 barrels per day helped push up crude oil prices. In June, a 30-day ceasefire between the NDA and the Nigerian government led to a few weeks of relative calm, and Nigeria’s oil minister said that the country was able to bring back a large chunk of the disrupted supply, bringing output up from 1.4 million barrels per day to 1.9 mb/d at the end of June, but still down from the 2.2 mb/d Nigeria...
  • In Draft Platform, Democrats Bare Their Souls (And Teeth)

    07/05/2016 9:05:12 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | July 5, 2016 | Tim Benson
    Political platforms are not meant to be taken as anything other than aspirational documents. They make a brief appearance at party conventions and then sit on a shelf and collect dust for four years until the next presidential election comes along. One of the few things platforms do accomplish is they put on display the party’s collective id, laying bare the base instincts of its members. Essentially, for party supporters, the political platform acts as the road map on the way to immanentizing the eschaton: “Barring opposition, following this document will get us to heaven on Earth.” On June 25,...
  • Exxon And BP Battle For ‘Oil contract Of The Century’

    07/04/2016 11:54:13 AM PDT · by bananaman22 · 2 replies
    Oilprice.com ^ | 04-07-2016 | Zainab
    ExxonMobil and British Petroleum have been facing off over the terms of the renewal of the “contract of the century” in Azerbaijan, according to sources that spoke to Reuters. BP currently operates the Azeri-Chigar-Guneshi fields in the middle of the Caspian Sea—a region that contributes a tenth of the firm’s global output. The British company has reportedly agreed with the Azeri government on the terms of a 30-year contract, but in an effort to expand its presence in the ACG region, Exxon has been pushing for a piece of the $100 billion pie.
  • Niger Delta Militants Blow Up 2 Chevron Oil Wells

    06/03/2016 9:14:04 AM PDT · by Lorianne · 11 replies
    Oil Price ^ | 01 June 2016 | Charles Kennedy
    In an early Wednesday attack, Niger Delta militants have blown up two Chevron oil wells in Warri, leading a shut down in the wells and promising further output drops for Nigeria. The Niger Delta Avengers (NDA) have claimed responsibility for the attack via their Twitter feed, not that they “blew up Chevron oil well RMP 23 and 24 [at] 3:44 am this morning.” These are Chevron’s Bibi oil wells, run by Chevron Nigeria Limited. The militant group also noted that it had a “heavy presence of 100 gunboats, 4 warships and jet bombers,” and that the attack was meant “to...
  • ( Shia ) Iran Offers to Help African Union Against Boko Haram ( Sunni Moslems )

    02/01/2015 7:22:30 PM PST · by george76 · 11 replies
    Breitbart ^ | 1 Feb 2015 | John Hayward
    The absence of strong Western leadership against the Boko Haram terror state has created an opportunity Iran seems ready to exploit. The Premium Times of Nigeria reports that Iran is stepping forward to offer assistance to the African Union against the savage caliphate spilling out of northern Nigeria into Cameroon and menacing the entire region: ... Abdollohian said the activities of the Boko Haram militants and that of Al-Shabaab in the Somalia were similar to that of Al-Qaeda and the ISIS and other terrorist groups in the Middle East. ... Iran was willing to share its experiences on terrorist activities...
  • Iran denies allegations of organizing spy cell in Nigeria

    02/23/2013 6:55:27 PM PST · by Pan_Yan · 8 replies
    Reuters via NBC ^ | 2/22/2013 4:37:59 AM ET | Reporting by Zahra Hosseinian; Editing by Alistair Lyon
    DUBAI (Reuters) - Iran denied on Friday Nigerian allegations that it had trained militants arrested in Nigeria on charges of planning attacks on U.S. and Israeli targets there. Deputy Foreign Minister Hossein Amir-Abdollahian said such allegations were "made up as the result of the ill will of the enemies of the two countries' good relations", Iranian state television reported. "Iran and Nigeria have friendly and close relations and despite the vast efforts of the two countries' enemies in recent years relations and cooperations have always improved," he said. Nigeria's secret service said on Thursday it had arrested Abdullahi Mustapha Berende...
  • Iran’s Africa Fiasco

    02/26/2011 7:19:14 AM PST · by Kaslin
    Pajamas Media ^ | February 25, 2011 | Banafsheh Zand-Bonazzi
    It hasn't made much noise worldwide, but Iran's rapidly deteriorating relationships with several African countries is huge news across the continent. On February 16, the Nigerian Federal High Court in Lagos began the prosecution of an alleged member of the Iranian Revolutionary Guards Corps (IRGC), Azim Aghajani, and a Nigerian associate, Usman Abbas Jega. They are accused of arms smuggling. This video link is in Arabic, but is very self-explanatory. It is of the opening day of the court proceedings.The story is a classic, just one of many on the Dark Continent nowadays: In late October 2010, Nigerian intelligence officials...
  • Arms found in Nigeria were headed to West Africa: Iran

    11/15/2010 2:42:23 PM PST · by Flavius · 2 replies
    afp ^ | 11/15/10 | afp
    Iran said on Monday an arms shipment sent from an Iranian port and discovered in Lagos was heading to a West African country and the "misunderstanding" had since been cleared up with the Nigerian authorities. "A private company which had sold conventional defence weapons to another country in West Africa had transferred the shipment via Nigeria which raised some doubts with relevant officials," Foreign Minister Manouchehr Mottaki told reporters.
  • Arms shipment found in Nigeria loaded in Iran

    10/30/2010 3:59:08 PM PDT · by nuconvert · 7 replies
    An illegal arms shipment including rockets and grenades discovered in Nigeria this week was loaded in Iran by an Iranian trader, the firm that operates the vessel that delivered it said on Friday. Security agents this week intercepted 13 containers declared as building materials and discharged from the CMA CGM Everest vessel at the country's busiest port of Apapa in Nigeria's economic hub of Lagos. "The shipment in question was booked as a 'shippers owned container' and supplied loaded and sealed by the shipper, an Iranian trader who does not appear on any 'forbidden persons' listing," said CMA CGM, which...
  • Nigeria intercepts 13 Iran missile containers possibly destined for Gaza

    10/28/2010 7:57:54 AM PDT · by Strategy · 9 replies
    Haaretz ^ | October 28, 2010 | By Barak Ravid
    Nigeria's secret service said on Tuesday it had intercepted 13 containers of weapons from Iran in what Israeli defense sources believe may be part of a new smuggling route from Iran to Hamas in Gaza. Rocket launchers, grenades and other explosives camouflaged as building material were seized in the Nigerian port of Lagos after being unloaded from an Iranian ship. Nigerian media reports said the ship, which came from Iran, docked in Lagos port for a few hours only, unloaded 13 containers and sailed on.
  • Oil Prices Climb on Concerns About Iran and Nigeria; Iran Warns Sanctions Could Hike Prices

    01/16/2006 2:22:15 PM PST · by Flavius · 18 replies · 441+ views
    ap ^ | 1/16/06 | na
    Crude futures rose Monday after another attack on an oil platform in Nigeria and Iran warned that any sanctions imposed over the country's nuclear program could send oil prices even higher. Brent crude for February delivery gained 77 cents to $63.03 a barrel on London's ICE Futures exchange, ahead of the contract's expiration Monday. Trading on the New York Mercantile Exchange was closed for the Martin Luther King Day holiday. Royal Dutch Shell PLC said it had evacuated over 300 staffers and contractors from facilities in the Niger Delta. Heavily armed attackers damaged the Benisede oil platform in the Niger...
  • Hanged for being a Christian in Iran

    10/11/2008 6:50:43 PM PDT · by GreatHeart · 8 replies · 409+ views
    TELEGRAPH ^ | 11 Oct 2008 | Alasdair Palmer reports
    ... A month ago, the Iranian parliament voted in favour of a draft bill, entitled "Islamic Penal Code", which would codify the death penalty for any male Iranian who leaves his Islamic faith. Women would get life imprisonment. The majority in favour of the new law was overwhelming: 196 votes for, with just seven against. ...The new law is not yet in force in Iran: it requires another vote in parliament, and then the signature of the Ayatollah. But that could happen within a matter of weeks. "Or," says Papadouris, "it could conceivably be allowed to drop, were there a...
  • What You Don’t Know About the Niger Delta Avengers

    07/04/2016 9:35:59 AM PDT · by AdmSmith · 18 replies
    Nigerian Television Authority ^ | 2JUN2016 | Edino Justice
    A militant group has however since February 2016 been making headlines through their capacity to destroy oil infrastructure. Their attacks have driven Nigeria’s oil output to near a 22-year low. Contrary to popular opinion, the group, Niger Delta Avengers, NDA for short, according to them is not just made up of Niger Deltans but has support from other parts of Nigeria, namely Northern, Western and Eastern part of the Country with the sole purpose of crippling the Nigerian Economy until their demands are met. According to reports, Diplomats and security experts say the group has shown a level of sophistication...
  • Biggest private coal producer warns of cutting 80 percent of workforce, head blames Obama policies

    07/02/2016 12:27:15 PM PDT · by PROCON · 21 replies
    The Wall Street Journal ^ | July 2, 2016 | The Wall Street Journal
    Murray Energy Corp., the largest privately held coal miner in the U.S., has warned that it may soon undertake one of the biggest layoffs in the sector during this time of low energy prices. In a notice sent to workers this week, Murray said it could lay off as many as 4,400 employees, or about 80% of its workforce, because of weak coal markets. The company said it anticipates “massive workforce reductions in September.” The law requires a 60-day waiting period before large layoffs occur.
  • Green Energy Policies May Haunt Democrats this Fall

    07/02/2016 7:02:20 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | July 2, 2016 | Ken Blackwell
    Who is working overtime to paint themselves into the biggest political corner of this election cycle? Democrats obviously don’t recognize it yet, but they have placed themselves in an inescapable trap with extreme positions on energy and the environment – irresponsible positions that have fragmented their party and could easily produce dire consequences for Democrats at the polls in November.   The extreme fringe of the environmental movement has emerged as a powerful faction within the Democratic Party, in large measure due to colossal political spending by billionaire and former hedge fund manager Tom Steyer. Their new dominance has translated into...
  • Keystone blowback: TransCanada sues Obama for $15 billion

    07/01/2016 6:25:46 PM PDT · by Sean_Anthony · 12 replies
    Canada Free Press ^ | 07/01/16 | Dan Calabrese
    Seven years of foot-dragging followed by a political denial cost the company a fortune. The boss explained in detail back in November why Obama’s refusal to permit the Keystone XL pipeline was a load of crap. We’ve talked about it a lot here, and when we do, we usually focus on all the economic benefits to the United States that were lost because Obama chose to cater to his extreme leftist environmentalist base rather than govern like a serious person. But we didn’t focus quite as much on the blow this dealt to TransCanada, the company that proposed to build...
  • Uranium Seawater Extraction Makes Nuclear Power Completely Renewable

    07/01/2016 4:39:49 PM PDT · by 2ndDivisionVet · 39 replies
    Forbes ^ | July 1, 2016 | James Conca
    America, Japan and China are racing to be the first nation to make nuclear energy completely renewable. The hurdle is making it economic to extract uranium from seawater, because the amount of uranium in seawater is truly inexhaustible. And it seems America is in the lead. New technological breakthroughs from DOE’s Pacific Northwest (PNNL) and Oak Ridge (ORNL) national laboratories have made removing uranium from seawater within economic reach and the only question is – when will the source of uranium for our nuclear power plants change from mined ore to seawater extraction? Nuclear fuel made with uranium extracted from...
  • Embracing Montana’s Solar Potential

    07/01/2016 12:45:51 AM PDT · by This_far · 21 replies
    Flathead Beacon, ^ | Jun 30, 2016 | Henry Dykema
    To allow Montana’s solar industry to continue growing toward its enormous potential, we need the right policies in place. That’s why I was so glad to see the energy plan recently released by Gov. Steve Bullock. (cut) Henry Dykema is president of the nonprofit Montana Renewable Energy Association and owner of Sundance Solar Systems, a solar installation business near Red Lodge.
  • Montana moms celebrate Bullock’s energy plan (MT)

    06/30/2016 11:41:41 PM PDT · by This_far · 8 replies
    Helena Independent Record ^ | Jun 28, 2016 | BECKY EDWARDS AND MICHELLE UBERUGUA
    Montana Mountain Mamas and Moms Clean Air Force are particularly pleased by two specific points of the plan. Montana can and will double our solar development and reduce energy use 10 percent by 2025. These are commonsense goals we can collectively reach for. To help, we also fully support a $5 million proposal to the 2017 Montana Legislature to fund energy conservation projects in schools across the state. Energy conservation saves money in the long-term and will help school districts lower their long-term energy bills.
  • 3D printed ion exchange membranes could improve energy, water purification, and more

    06/30/2016 2:05:31 PM PDT · by 2ndDivisionVet · 5 replies
    3Ders ^ | June 2, 2016
    Penn State researchers have used a custom 3D photolithographic process similar to stereolithography to 3D print micro-patterned anion exchange membranes. The membranes, patterned for improved performance, could be used in energy, water purification, desalination, and other applications. Although they might resemble small pieces of run-of-the-mill kitchen plastic wrap, ion exchange membranes play a vital role several different practical processes. The thin, flat polymer sheets can be used in fuel cells and batteries, while food processing, heavy metals removal, and water purification can also benefit from the membranes. While these polymer membranes have traditionally been made flat and smooth, scientists have...
  • Maryland Attorney General Frosh Using Subpoenas to try to Silence Political Debate

    06/30/2016 12:51:38 PM PDT · by Tolerance Sucks Rocks · 22 replies
    MCGOP ^ | June 28, 2016 | Mark Uncapher
    Maryland Attorney General Brian Frosh recently joined 16 other state Attorneys General to launch, in their own words, “an unprecedented, multi-state effort to investigate and prosecute the ‘high-funded and morally vacant forces’ that have stymied attempts to combat global warming—starting with holding ExxonMobil and other industry giants accountable for fraud and suppression of key climate science.” In explaining his support of “AGs United for Clean Power,” Frosh said: “There is no doubt that climate change is an existential threat to our society and to our entire planet….I am deeply troubled that oil companies have contributed to the problem by intentionally...
  • Gov. Chris Christie is touting Grover Norquist's support of 23-cent-per-gallon gas tax hike

    06/29/2016 8:55:02 PM PDT · by panhandle67 · 35 replies
    Associated Press ^ | 6/29/16 | BRUCE SHIPKOWSKI
    TRENTON, New Jersey — Republican Gov. Chris Christie on Wednesday touted an anti-tax crusader's endorsement of a proposed 23-cent- per-gallon gasoline tax hike along with a sales tax cut, sweeping aside objections raised by Democratic leaders in the state Senate and voicing confidence that the measure would be passed in that chamber. Christie all but dared lawmakers not to act on his plan during a statehouse news conference, a day after the Assembly passed the plan to pay for a $2 billion a year transportation trust fund for eight years. The fund runs out of borrowing authority Friday, and Christie's...
  • Obama admin changing coal royalty program to boost revenue

    06/30/2016 9:06:27 AM PDT · by Olog-hai · 17 replies
    Associated Press ^ | Jun 30, 2016 11:43 AM EDT | Matthew Daly
    The Interior Department is changing the way it values coal mined from public lands in the West to make sure mining companies are not shortchanging taxpayers on sales to Asia and other markets. […] Under rules in place since the 1980s, companies can sell the fuel to affiliates and pay royalties to the government on that price, then turn around and sell the coal at higher prices, often overseas. …
  • Earthquakes Cause Giant Natural Gas Field To Cut Production By 44%

    06/29/2016 7:20:22 PM PDT · by Lorianne · 11 replies
    Oil Price ^ | 27 June 2016 | Dave Forest
    Europe just lost a big chunk of production from one of its most critical natural gas fields, and not for any of the usual reasons — technical problems, pipeline constraints, or terrorist disruptions. These cuts are due to earthquakes. The development came at the Groningen natgas field in the Netherlands. The largest producing field in Western Europe — and one of the world’s top 10 gas fields by size. Groningen’s massive size has been an issue lately though, with drawdown from the field having caused seismic events in the areas above and surrounding the field. Such concerns prompted the Dutch...
  • Texas drillers may start hiring soon, as long as prices hold up

    06/28/2016 2:26:01 PM PDT · by 2ndDivisionVet · 4 replies
    Fuel Fix ^ | June 28, 2016 | Collin Eaton
    HOUSTON – Rising crude prices could spur hiring across the Texas oil patch by August, a regional economist says, beginning a slow but steady reversal in the state’s energy employment after struggling drillers shed 1 in 3 jobs. Over the past two months, a dozen U.S. oil companies — including Devon Energy and Pioneer Natural Resources — have announced plans to plow an extra $600 million into their shale fields in Texas and elsewhere as crude prices hover near $50 a barrel. Several have dispatched new rigs and received drilling permits. Next, they’ll start hiring new people – unless, of...
  • Diablo Canyon Closure Has a Crony Problem

    06/28/2016 11:53:53 AM PDT · by Sean_Anthony · 9 replies
    Canada Free Press ^ | 06/28/16 | Katy Grimes & Tom Tanton
    Cronyism in Energy Production “Diablo Canyon produces twice as much power as all of California’s solar panels, 24 percent more than all of its wind, and 40 times more than its largest solar farm. Also, Diablo Canyon provides power to 3 million Californians on a patch of land the size of three football fields. Achieving the equivalent from a solar farm would require 145 times more land; from wind, 500 times more.”—Michael Shellenberger, Breakthrough Institute co-founder, and Peter Raven, former Missouri Botanical Gardens head The announcement last week from PG&E that it was closing Diablo Canyon Nuclear Power Plant, rudely...
  • U.S. Shale Producers Just Won Their Biggest Legal Case In Years

    06/27/2016 5:57:33 PM PDT · by 2ndDivisionVet · 5 replies
    Oil Price ^ | June 23, 2016 | Dave Forest
    Fracking is once again becoming a hot topic in the oil and gas world., with Germany moving Tuesday to impose an indefinite ban on the unconventional drilling technique. But in the U.S. this week the story was the opposite. Oil and gas drillers won a critical legal victory over the future of fracking in America’s shale plays. That came in Wyoming, where a District Judge struck down a set of tougher rules on fracking that had been implemented by the U.S. Bureau of Land Management (BLM) early last year. Last March, the BLM came down hard on the U.S. shale...
  • Cuba Struggles as Venezuela Oil Subsidies Dwindle

    06/26/2016 9:07:07 PM PDT · by fella · 19 replies
    panampost.com ^ | 21 June 2016 | Sabrina Martin
    Blackouts on the Island Have Lasted Between Four and Eight Hours Raúl Castro has decided to implement austerity measures in Cuba as the oil the Venezuelan government has been sending over the past years has decreased and is no longer sufficient to cover for public sector expenses. According to news outlet Cubanet, island officials are trying to fight the fuel deficit by reducing consumption of oil and electricity by 20 percent, which means a partial paralyzing of production. “ The measure has starting to circulate this week in the ministeries and companies linked to production. The measures have included …...
  • The PBOC just fixed the yuan at its weakest level since December 2010

    06/26/2016 6:28:37 PM PDT · by ameribbean expat · 9 replies
    The People’s Bank of China have set the USD/CNY fixing for Monday at 6.6375, some 0.9% weaker than Friday’s fixing level of 6.5776. The figure, well above Friday’s close of 6.6150, was the weakest fixing level seen since December 2010.
  • Ankara's "Economic Miracle" Collapses Changes in Turkey

    12/22/2011 9:50:34 AM PST · by bayouranger · 10 replies
    meforum.org ^ | 12-21-11 | David P. Goldman
    Turkey's high-flying economy, which expanded at a 10 percent annual rate of gross domestic product growth during the first half of 2011,[1] will crash-land in 2012. Prime Minister Recep Tayyip ErdoÄŸan's "economic miracle," to use the Daily Telegraph's admiring words,[2] depended on a 40 percent annual rate of bank credit expansion, which in turn produced a balance of payments deficit as wide as that of southern Europe's crisis countries. Markets have already anticipated a sudden turnaround in the Turkish economy. The Turkish lira (TRY) fell by a quarter between November 2010 and September 2011, making it the world's worst performing...