Keyword: energy

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  • Trump’s Budget: Valuing Military Over Energy

    03/22/2017 10:57:37 AM PDT · by bananaman22 · 9 replies
    Oilprice.com ^ | 22-03-2017 | Nick
    Last week President Trump unveiled his budget blueprint, which detailed savage cuts to most areas of discretionary spending while boosting defense outlays by a whopping $54 billion. Nearly all government agencies were major losers under the President’s budget, except for those dealing with defense and border security. The Department of Energy would see a 5.6 percent cut, or a reduction of $1.7 billion. But digging into those numbers, certain areas of DOE were winners while others were losers. Areas of DOE dealing with clean energy, smart grid technologies, and electric vehicles are either entirely eliminated or suffer steep cuts. Meanwhile,...
  • Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

    03/20/2017 4:19:48 PM PDT · by artichokegrower · 14 replies
    gCaptain ^ | March 20, 2017 | Mark Shenk
    Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. Futures dropped as much as 1.9 percent in New York. Saudi Arabian Energy Minister Khalid Al-Falih said on March 16 that the kingdom may extend its cuts if supplies stay above the five-year average. A day later, though, data showed the U.S. rig count growing for a ninth week, and a Libya official said Sunday that the Es Sider and Ras Lanuf ports are preparing to restart oil exports.
  • Largest U.S. onshore oil discovery in 30 years announced: 1.2B barrels in Alaska

    03/16/2017 5:12:19 PM PDT · by Brad from Tennessee · 31 replies
    Washington Times ^ | March 10, 2017 | By Douglas Ernst
    Energy giant Repsol has found the largest onshore U.S. oil find in 30 years. Oil exploration that started in 2008 has paid off for Spanish oil company Repsol and its U.S. partner, Armstrong Energy. Roughly 1.2 billion barrels of light crude are available in Alaska’s North Slope and ready to come up in 2021. “The successive [exploration] campaigns in the area have added significant new potential to what was previously viewed as a mature basin,” the company said in a statement posted to its website on Friday. “Additionally Alaska has significant infrastructure which allows new resources to be developed more...
  • Europe's Lesson Teaches Us: Don't Go Green

    03/14/2017 4:37:41 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | March 14, 2016 | Stephen Moore
    If you listen to the media narrative on climate change and "clean energy," you'd think that the rest of the world has moved smartly and seamlessly toward 21st century green energy while the U.S. is the high-polluting laggard that just won't get with the program to save the planet. Think again. The green energy revolution around the world has turned into a big green meltdown, with many nations sprinting away from "renewable" energy with the speed of Usain Bolt. Here are a few of the latest news flashes from Europe and Asia. In Germany, the world leader in green energy,...
  • Massive Oil Discovery in Alaska Is Biggest Onshore Find in U.S. in 30 years

    03/12/2017 8:32:52 AM PDT · by rktman · 84 replies
    ktla.com ^ | 3/10/2017 | unknown
    Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades. The massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices. The new discovery was made in just the past few days in Alaska’s North Slope, which was previously viewed as an aging oil basin. Spanish oil giant Repsol and its privately-held U.S. partner Armstrong Energy announced the find on Thursday, predicting production could begin as soon as...
  • Satellite powering technology makes power stations more efficient (Graphene finally being used)

    03/11/2017 2:54:39 PM PST · by 2ndDivisionVet · 7 replies
    Digital Journal ^ | March 11, 2017 | Tim Sandle
    Researchers have successfully used graphene to reinvent abandoned heat energy converter technology and to make it more efficient. This will be used to boost the output from older power stations. Power station efficiency has been substantially increased by utilizing satellite-powering technology that was abandoned many years ago. The technology has been reconfigured to function with traditional power stations to aid the conversion of heat to electricity (what’s called thermionic energy conversion) more efficiently. In better news for the environment, this means lower amounts of fossil fuel will be needed to be burnt to produce equivalent amounts of power. Much of...
  • Fracking Ban Passes House With Veto Proof Majority (Maryland)

    03/10/2017 9:28:52 PM PST · by 2ndDivisionVet · 27 replies
    WBAL-AM ^ | March 10, 2017 | Robert Lang
    The House of Delegates has approved a bill to permanently ban natural gas fracking in Western Maryland. The bill passed by a vote of 97-40. The 97 votes is 12 more than the minimum of 85 needed to override a veto from Governor Larry Hogan. That majority was important to the chairman of the committee hearing the bill in the Senate. The chairman of the Senate Education Health and Environmental Affairs Committee, Joan Carter Conway of Baltimore City, says she won’t bring the bill to the Senate floor unless lawmakers have enough votes to override a possible veto from Governor...
  • Shell Sells Almost All Canadian Oil Sands Assets

    03/10/2017 9:11:40 AM PST · by Lorianne · 15 replies
    Oil Price ^ | 09 March 2017 | Irina Slav
    Shell has struck a deal to sell all its oil sands production assets in Canada, except for a 10-percent stake in the Athabasca Oil Sands Project, as part of its $30-billion divestment program aimed at reducing its debt load that it accumulated with the acquisition of BG Group. The total net value of the deal is $7.25 billion, and the buyer is Canadian Natural Resources, which will partner with Shell on another deal: the acquisition of Marathon Oil Canada Corporation, which has a 20-percent stake in the AOSP. The stake will be split equally between the partners, each contributing $1.25...
  • Oil Price Down Nearly 10% Over The Past Three Days

    03/10/2017 10:12:48 AM PST · by Steely Tom · 42 replies
    NASDAQ WTI Petroleum Price ^ | 10 March 2017 | Petro Market
    The of oil is down, from $53 on 7 March, to a bit above $48 today. This, going into the summer driving season.
  • Senators can save us from job-crushing energy rule

    03/09/2017 5:03:36 PM PST · by 198ml · 9 replies
    Colorado Gazette ^ | 3/9/17 | Regina Thomson
    Last month, the House passed legislation that would repeal new controls on natural gas production installed in the waning days of the Obama administration. It's now up to the Senate to pass a companion bill and help make the repeal official. Sens. Michael Bennet and Cory Gardner ought to lead the way; left unaltered, these controls will crush local energy firms and destroy local jobs. Excessive regulations keep gas production on federal lands artificially low. Firms have to navigate lengthy, hugely expensive approval channels to get the green light. As a result, while gas production on private and state territories...
  • Oil and gas giant expects to spend $840 million in Colorado this year

    03/08/2017 9:58:52 AM PST · by 2ndDivisionVet · 7 replies
    The Denver Business Journal ^ | March 7, 2017 | Cathy Proctor
    Anadarko Petroleum Corp., one of Colorado’s biggest oil and gas companies, on Tuesday said it would pour about $840 million this year into its operations in the state’s Denver-Julesburg (DJ) Basin, which sprawls north and east of Denver to the state line. The company (NYSE: APC), which has been working in the DJ basin for years, also boosted the amount of oil, natural gas and liquids it expects to pull from the basin by about 33 percent — to more than 2 billion barrels of oil equivalent, at least. As part of its annual announcement about capital investment for the...
  • Trump Opens ‘All Available’ Gulf Of Mexico Waters To Oil Drilling

    03/07/2017 12:32:55 PM PST · by 2ndDivisionVet · 124 replies
    The Daily Caller ^ | March 7, 2017 | Michael Bastasch
    The Department of the Interior will include “all available” federal waters in the Gulf of Mexico that have not already been leased out for offshore oil drilling. Interior Secretary Ryan Zinke announced Monday 73 million acres off the coast of Texas, Louisiana, Mississippi, Alabama, and Florida would be offered at a lease sale in August as part of the Interior Department’s five-year leasing plan. “Opening more federal lands and waters to oil and gas drilling is a pillar of President Trump’s plan to make the United States energy independent,” Zinke said in a statement. Interior finalized its current five-year offshore...
  • New England electricity prices 47% higher last month than national average

    03/06/2017 12:36:45 PM PST · by george76 · 28 replies
    Mass Live ^ | January 18, 2017 | Jim Kinney
    Households in New England paid electricity prices last month that were 47 percent higher than the national average.. Consumer energy information released by the Bureau of Labor Statistics for its Boston region showed the area's households paid an average of 19.5 cents per kilowatt hour for electricity, compared to the national average of 13.3 cents. The region includes Hampden and Worcester counties as well as Greater Boston and parts of New Hampshire, Connecticut and Maine. The figures came out one day after energy utility Eversource proposed a 10 percent increase in its electricity distribution rates beginning early next year. The...
  • Lithium-Ion Battery Inventor Introduces New Technology for Fast-Charging, Noncombustible Batteries

    03/02/2017 9:47:41 PM PST · by PreciousLiberty · 104 replies
    UT News ^ | Feb. 28, 2017 | University of Texas
    A team of engineers led by 94-year-old John Goodenough, professor in the Cockrell School of Engineering at The University of Texas at Austin and co-inventor of the lithium-ion battery, has developed the first all-solid-state battery cells that could lead to safer, faster-charging, longer-lasting rechargeable batteries for handheld mobile devices, electric cars and stationary energy storage. Goodenough’s latest breakthrough, completed with Cockrell School senior research fellow Maria Helena Braga, is a low-cost all-solid-state battery that is noncombustible and has a long cycle life (battery life) with a high volumetric energy density and fast rates of charge and discharge. The engineers describe...
  • No Peak Oil For America Or The World

    03/02/2017 4:08:34 PM PST · by Brad from Tennessee · 32 replies
    Forbes ^ | March 2, 2017 | By James Conca
    Oil is more plentiful than you can imagine. And we keep figuring out easier and more economical ways to get it out of the ground. In 1938, the famous geologist M. King Hubbert came up with the concept of peak oil, which is defined as having extracted half of the recoverable, conventional oil reserves. After that, oil production declines and cannot keep up with growing demand as the population continues to rise. In Hubbert’s time, most of the conventional oil reserves had already been discovered. Hubbert went on to predict that U.S. production would peak in 1969, and it did...
  • Coal mining begins seeing revival as Trump gives industry hope

    03/01/2017 11:09:17 AM PST · by GonzoII · 64 replies
    Fox News ^ | March 01, 2017 | Johnny Giles
    Wise County, Virginia –  A long-awaited revival is under way in this beleaguered Central Appalachia community where residents see coal as the once and future king. Trucks are running again. Miners working seven days a week cannot keep up with current demand. Coal mines, long dormant after the industry’s collapse, are now buzzing again with antlike activity. “We load coal every day for the power plant in Virginia City,” explained Rick, a long-time supervisor for a major local operation who did not want to give his last name. “There's one shipment a week for Georgia Power, and one for Tennessee...
  • Oil Exports: One place where America is getting great again fast

    03/01/2017 11:40:10 AM PST · by SeekAndFind · 44 replies
    American Thinker ^ | 03/01/2017 | Monica Showalter
    Headline you don't see too many places: U.S. oil exports are blowing past expectations That's from Mike Allen's pretty good new news site, Axios, which is fast becoming one of my favorites. The U.S. is blowing away OPEC and other petrotyrant states with a stunning upsurge in oil sales abroad. Up until December 2015, oil exports weren't even legal from the states. Thirteen months later, we are conquering the market and becoming the Big Dog through our energy companies' rising production, eclipsing every petrotyrant this side of Hugo Chavez. Get a load of the chart from Forbes. Which reminds...
  • Oil advocate: Industry under assault in NM; state is prime target for environmentalists

    02/27/2017 10:12:58 AM PST · by CedarDave · 12 replies
    Roswell Daily Record ^ | February 26, 2017 | RDR Staff
    SANTA FE — Opposition to the shale oil extraction process known as fracking is growing, particularly among minorities, threatening the political viability of the oil industry in New Mexico, an oil and gas industry expert told state lawmakers Thursday. Claire Chase, the government affairs director for Mack Energy of Artesia, said while state government is heavily reliant on oil revenues, New Mexico is the most vulnerable state in the nation to increasing opposition to fracking and fossil fuels in general. She said a new culture of protests and activism has the oil and gas industry in its sights. Chase said...
  • As demand increases for rare earth metals, deep sea mining gets second look

    02/23/2017 12:55:11 PM PST · by Lorianne · 9 replies
    Japan Times ^ | 20 February 2017
    The risk of running out of rare earth metals that are essential to modern technology has led to a surge in interest in mining the deep seas. But fears have also mounted about the environmental impact of disturbing vast areas of the pristine ocean floor, experts at the American Association for the Advancement of Science annual conference in Boston said. Demographic growth and the acceleration of technological innovations over the past 40 years have doubled the quantity of minerals extracted worldwide, leading to shortages of certain key metals, according to a recent U.N. report. “Mining is essential for modern life,”...
  • Russia Overtakes Saudi Arabia as World's Top Crude Oil Producer

    02/23/2017 12:46:32 PM PST · by Lorianne · 23 replies
    source content cannot be posted due to copyright issues | 20 February 2017
    see link to article below
  • ‘$3.75 billion investment in Israel's Leviathan gas reservoir a blow to BDS’

    02/23/2017 7:15:50 AM PST · by Wiz-Nerd · 16 replies
    Jerusalem Post ^ | February 23, 2017 16:09 | Sharon Udasin
    The announcement Thursday that the partners of the Leviathan gas reservoir will invest $3.75 billion in its development is a devastating blow to the BDS movement, Eli Groner, director-general of the Prime Minister's Office, told The Jerusalem Post on Thursday. The development of Leviathan, which is scheduled to take about three years, constitutes both the largest energy project and financial investment in Israel in the country's history.
  • Environmental hypocrites protesting against oil pipeline, burned oil to keep themselves warm!

    02/22/2017 6:49:40 PM PST · by grundle · 22 replies
    wordpress ^ | February 22, 2017 | Dan from Squirrel Hill
    Environmental hypocrites who were protesting against the Dakota Access oil pipeline, burned oil to keep themselves warm! They also left enough litter to fill more than 250 garbage trucks! Environmental hypocrites who were protesting against the Dakota Access oil pipeline, burned oil to keep themselves warm!They also left enough litter to fill more than 250 garbage trucks!Fox News writes of this: (the bolding is mine)What was once a bustling makeshift city is now a largely abandoned garbage pit. Teepees and yurts, thousands of sheets of plywood and tents, kerosene and propane stoves, diesel and gasoline generators, food, clothing, cars and mountains...
  • Pipeline protesters set fire to camp before clearing out; oil could be flowing in 2 months

    02/22/2017 2:05:53 PM PST · by SeekAndFind · 52 replies
    Fox News ^ | 02/22/2017 | By William Lajeunesse
    CANNON BALL, N.D – After seven months of protests, beating drums, freezing nights and canned chili, police shut down campsites once occupied by tens of thousands of environmentalists and Native Americans fighting the North Dakota Access Pipeline project. At least one person was injured Wednesday after protesters set fire to a handful of wooden structures at the makeshift campsite. Cecily Fong, a spokeswoman for the state Department of Emergency Services, says the extent of the unidentified female's injuries weren't known. Fong said an ambulance was being sent to the encampment. Most of the 200 to 300 protesters who remained at...
  • Pipeline Protesters Ruin Tribe’s Casino Revenue and Set Fire to Camp

    02/22/2017 12:42:55 PM PST · by Behind Liberal Lines · 46 replies
    National Review ^ | February 22, 2017 2:27 PM1 | by PAUL CROOKSTON
    The Dakota Access Pipeline protesters are being forced to abandon their camp today, and rather than allow the site to be properly cleaned up, they have decided to light it on fire Burning sections of the camp will most likely make a sanitary and efficient cleanup more difficult for the authorities, which have repeatedly clashed with protesters over the camp’s threat to the environment. An even bigger reason many in the Standing Rock tribe won’t be sorry to see visiting agitators go: The pipeline protest has been detrimental to their most important source of revenue, the Prairie Knights Casino &...
  • Dakota pipeline builder says oil could flow in as few as two weeks

    02/22/2017 12:26:44 AM PST · by 2ndDivisionVet · 13 replies
    ABC News ^ | February 22, 2017 | Tom Kutsch and James Hill
    On the eve of the deadline for anti-Dakota Access Pipeline protesters to vacate camps in North Dakota, the company in charge of construction said in a court filing on Tuesday that oil could start flowing in as early as two weeks, beating previous estimates. Texas-based developer Energy Transfer Partners, the builder of the pipeline whose construction has sparked protests since last August over its location, said in the filing to the U.S. District Court in Washington, D.C., that the company "estimates and targets that the pipeline will be complete and ready to flow oil anywhere between the week of March...
  • De Blasio Threatens Wells Fargo Over Dakota Access Pipeline

    02/19/2017 10:54:51 PM PST · by Brad from Tennessee · 56 replies
    The Daily Caller ^ | February 19, 2017 | By Kerry Picket
    New York City Mayor Bill de Blasio threatened Wells Fargo bank for its investment in the North Dakota Access Pipeline. In a February 17 letter to Wells Fargo CEO Timothy Sloan, de Blasio said he wanted to “express my deep concern about your involvement, and the involvement of other banks, in financing the Dakota Access Pipeline,” noting his concern is partly based on being a Mayor of a “coastal city threatened by climate change.” De Blasio claimed the pipeline would violate “human and tribal rights of the Standing Rock Indian Reservation” and would have “negative environmental consequences” to the land...
  • Oil – Where did it come from?

    02/19/2017 1:38:04 PM PST · by rktman · 63 replies
    wattsupwiththat.com ^ | 2/18/2017 | David Middleton
    I am a petroleum geologist/geophysicist with about 36 years of experience in oil & gas exploration mostly in the Gulf of Mexico. In light of Andy May’s recent post, Oil – Will we run out?, I thought I might post an essay on oil formation. Over the past six years, I have been fortunate to have the opportunity to write guest posts for Watts Up With That thanks to Anthony Watts. Many of my posts have been about issues related to oil production and each of these posts usually triggers comments from Abiogenic Oil advocates. So, this post’s main thrust...
  • Trump month one: Success for his supporters; Has already done what Reagan couldn't

    02/17/2017 5:47:27 PM PST · by 2ndDivisionVet · 15 replies
    USA Today | February 17, 2017 | Charlotte Allen
    Link only due to copyright issues: http://www.usatoday.com/story/opinion/2017/02/17/trump-executive-orders-elite-popular-polls-muslim-ban-immigration-column/97920456/
  • Higher Emissions Ahead: Closing Nuclear Plant Here Means More CO2

    02/17/2017 12:31:04 PM PST · by MichCapCon · 5 replies
    Michigan Capitol Confidential ^ | 2/15/2017 | Derek Draplin
    For New England, closing a nuclear power plant in 2014 only increased the need for electricity generated by burning natural gas, driving up carbon dioxide emissions in the region. In Michigan, experts say closing one of the state’s three nuclear plants could lead to a similar outcome — increased carbon dioxide emissions. The Entergy Corp. nuclear plant in Vermont, which accounted for 70 percent of the state’s electric generation and 4 percent of the region’s, shut down in 2014. As a result, carbon dioxide emission rates went from 726 pounds per megawatt-hour in 2014 to 747 pounds per megawatt-hour in...
  • United States: The Plan For The Future Of American Infrastructure

    02/17/2017 4:55:24 AM PST · by Tolerance Sucks Rocks · 2 replies
    Mondaq ^ | February 13, 2017 | Richard P. Puttré, Eric W. Sedlak, Kevin J. McIntyre, Isel M. Perez and James F. Channing
    A Look Into the Opaque Crystal Ball for Infrastructure Initiatives in the First 100 Days of the Trump Administration President Donald J. Trump's "America's Infrastructure First" plan is one of the Trump Administration's priorities during his first 100 days in office. Throughout the campaign, President Trump heralded his plan to build and restore highways, tunnels, airports, bridges, and water systems across America and promised a $1 trillion investment in the infrastructure sector over a 10-year period. Leaders from both parties acknowledge the nation's deteriorating infrastructure, and there have been expressions of support from both sides of the aisle for some...
  • [2012 FLASHBACK] What If Oil and Natural Gas Are Renewable Resources?

    02/17/2017 1:07:51 AM PST · by 2ndDivisionVet · 24 replies
    American Thinker ^ | March 18, 2012 | Greg Lewis
    President Barack Obama and his green energy confederates are determined to scare the public about a declining supply of "fossil fuels." If we accept the idea that oil is produced by the conversion of organic matter -- from plants to dinosaurs -- under extreme pressure, we must also accept the idea that there is a limited supply of oil and that we've got to do everything we can to find a replacement for fossil fuels before we run out. The evidence is mounting that not only do we have more than a century's worth of recoverable oil in the United...
  • Bold Nebraska Once Again Trying To Thwart Keystone XL

    02/16/2017 5:17:29 PM PST · by SolidRedState · 7 replies
    Self | 2/16/2017 | SolidRedState
    Bold Nebraska is running a letter writing campaign to block the XL pipeline at the state level with letters to the Nebraska Public Service Commission. We can do the same by writing in support of the pipeline. Here is an excerpt from their campaign letter .. "Today, TransCanada submitted its application to build the Keystone XL pipeline to the Nebraska Public Service Commission. [1] With the shocking silencing of the massive public outcry against this pipeline by President Trump's State Dept. -- which said that the federal government is "not inviting further comment at this time" [2] -- Bold's efforts...
  • Trump signs bill undoing Obama coal mining rule

    02/16/2017 7:04:50 PM PST · by GonzoII · 16 replies
    The Hill ^ | 02/16/17 | Devin Henry
    President Trump on Thursday signed legislation ending a key Obama administration coal mining rule.   The bill quashes the Office of Surface Mining's Stream Protection Rule, a regulation to protect waterways from coal mining waste that officials finalized in December. The legislation is the second Trump has signed into law ending an Obama-era environmental regulation. On Tuesday, he signed a Congressional Review Act (CRA) resolution undoing a financial disclosure requirement for energy companies. Both the mining and financial disclosure bills are the tip of a GOP push to undo a slate of regulations instituted in the closing days of the Obama administration. The...
  • Live inside the West Wing- Bill Signing 2/14/17

    02/15/2017 5:06:13 PM PST · by Trumpnation
    YouTube ^ | 2-15-17 | JR
    President Donald Trump signed legislation on Tuesday, repealing an Obama-era rule that forced energy and mining companies to disclose any payments they made abroad. At least we can see all the "players" interacting.
  • Feds join Dakota Access protest camp cleanup in race to avoid ‘environmental disaster’

    02/14/2017 4:38:49 PM PST · by Brad from Tennessee · 20 replies
    Washington Times ^ | February 14, 2017 | By Valerie Richardson
    North Dakota Gov. Doug Burgum announced Tuesday that the federal government is moving in to accelerate the cleanup at the Dakota Access protest camp before the snowmelt turns the area into an “environmental disaster.” Despite weeks of cleanup at the Oceti Sakowin camp led by the Standing Rock Sioux, the job is only about half-finished. Some areas of the camp, which was built on a floodplain, are already under several inches of water. “With near-record high temperatures expected later this week and significant meltwater flooding already occurring, the situation grows increasingly unsafe by the day,” said Mr. Burgum in a...
  • Trump Signs First Bill, CNN Livid

    02/14/2017 4:46:56 PM PST · by Kaslin · 22 replies
    Rush Limbaugh.com ^ | February 14, 2017 | Rush Limbaugh
    RUSH: Hey, in the midst of all of this, Trump just signed his first bill today, first piece of legislation. You know what it does? I was watching CNN. They’re just livid. CNN is reporting that Trump’s bill that he signed weakens oil and gas and mining regulations. And you should have seen them when they announced this. They’re just shaking their heads, “Oh, my God.” And what they’re shaking their heads about is he won’t stop. We can’t make him stop! We thought we had him paralyzed with Flynn, he just keeps doing it. And that’s what’s gonna continue...
  • Demon Coal

    02/14/2017 3:00:39 PM PST · by Kaslin · 14 replies
    American Thinker ^ | February 14, 2017 | Norman Rogers
    Coal is a gift that we have in abundance. The vast reserves of coal guarantee the United States energy for hundreds of years. Coal is efficient. No fuel, other than uranium, is cheaper. Coal burns clean in modern plants. Strip-mining coal in the modern way improves the landscape. According to the Energy Information Administration, the U.S. demonstrated coal reserve base is 477 billion 2,000-pound tons, enough for more than 500 years at current consumption rates. In the eyes of the diminishing crowd of believers in catastrophic global warming, coal is evil, a demon. Why? Because it is mostly carbon, and...
  • JUST IN President Donald J Trump signs repeal of Dodd Frank provision

    02/14/2017 12:18:13 PM PST · by sheikdetailfeather · 104 replies
    You Tube ^ | 2-14-2017 | Time News
    JUST IN President Donald J Trump signs repeal of Dodd Frank provision
  • Weatherford Slashes Another 3,000 Jobs

    02/06/2017 3:49:19 PM PST · by Lorianne · 8 replies
    Oil Price ^ | 02 February 2017 | Tsvetana Paraskova
    As part of its strategy to further cut costs and reduce debt, oilfield services company Weatherford International (NYSE:WFT) said on Thursday that it had launched another head count reduction plan totaling 3,000 employees. Weatherford’s Chief Financial Officer and Executive Vice President Christoph Bausch said at the company’s earnings call on Thursday for the fourth-quarter and full-2016 results: “At the time of this call, we have already reduced 2,000 employees out of the 3,000 mentioned before.” As part of its strategy to further cut costs and reduce debt, oilfield services company Weatherford International (NYSE:WFT) said on Thursday that it had launched...
  • Senate Just Delivered Final Blow To Obama’s Legacy — Votes To Overturn THIS Obama Order!

    02/06/2017 9:31:10 AM PST · by SeekAndFind · 74 replies
    Freedom Daily ^ | 02/06/2017 | S. White
    The last 8 years of unconstitutional executive orders and forcing through illegal policies has weighed a heavy burden on the country and the taxpayer. No more so than the ultimate job killer, Obamacare. But now, the pendulum has swung to the other side, and everything is on the chopping block. Yesterday in the Senate, a vote of 54-45 was struck to abolish Obama’s order that had the adverse effect of almost completely wiping out the coal mining industry and thus taking 83,000 jobs off the job market. As you might have known, it was the government’s Stream Protection Act that...
  • Massive Cleanup Underway Where Environmentalists Camped for Pipeline Protest

    02/06/2017 7:36:52 AM PST · by libstripper · 44 replies
    PJ Media ^ | Feb. 5, 2017 | Rick Moran
    A cleanup to prevent an "environmental disaster" is underway at a protest camp near the Dakota Access Pipeline. The camp had been occupied by thousands of environmentalists and Native Americans who were demonstrating against the pipeline project. It was the Native Americans who requested help with the cleanup, as massive amounts of garbage, human waste, teepees, and abandoned vehicles must be removed before the spring thaw when flooding is expected.
  • Californians are paying billions for power they don't need

    02/05/2017 8:09:52 PM PST · by Olog-hai · 30 replies
    Los Angeles Times ^ | Feb. 5, 2017 | Ivan Penn and Ryan Menezes
    The bucolic orchards of Sutter County north of Sacramento had never seen anything like it: a visiting governor and a media swarm — all to christen the first major natural gas power plant in California in more than a decade. At its 2001 launch, the Sutter Energy Center was hailed as the nation’s cleanest power plant. It generated electricity while using less water and natural gas than older designs. A year ago, however, the $300-million plant closed indefinitely, just 15 years into an expected 30- to 40-year lifespan. The power it produces is no longer needed — in large part...
  • Do the Netherlands’ trains really run on 100% wind power?

    02/05/2017 3:07:57 PM PST · by Lorianne · 16 replies
    Energy Matters ^ | 01 February 2017 | Roger Andrews
    I find that the electrified portion of the Dutch railway network (Nederlandse Spoorwegen, or NS) runs on grid electricity that comes dominantly from fossil fuel generation (natural gas and coal). NS claims 100% wind power because it has a contract with various wind farms to produce enough energy to power its rail system, but this is just an accounting transaction. Only a small fraction of the power delivered to its trains actually comes from wind. First some details on the Netherlands’ electricity sector. As shown in the table below installed capacity is dominantly fossil fuel, with natural gas making up...
  • Is Google’s Renewable Energy Plan What It Seems?

    02/05/2017 3:04:34 PM PST · by Lorianne
    Electronic Design ^ | 18 January 2017 | Maria Guerra
    When I first heard about Google’s latest announcement, I thought the company was going to rely completely on renewable energy to directly energize its data centers. I was surprised by such an achievement, as data centers operate 24/7 and wind and the sun are not constantly available resources. But it turned out that is not the case—yet. Google’s renewable energy plan is just an excuse for all the greenhouse gas (GHG) emissions that it will keep generating as it mostly energizes its data centers with fossil fuels. In addition to delving into the significance of this announcement ourselves, we asked...
  • Dakota Access Pipeline protest leader charged with inciting a riot, 74 arrested

    02/03/2017 7:34:43 PM PST · by SeekAndFind · 21 replies
    Hotair ^ | 02/03/2017 | John Sexton
    Dakota Access Pipeline protester Chase Iron Eyes was arrested this week and has been charged with inciting a riot, which is a felony. Iron Eyes allegedly led a group of several dozen protesters who set up a new camp on higher ground that would be out of the flood plain where the current camp sits. The only problem: The property the new camp was set up on is owned by the developer of the Dakota Access Pipeline. From the Associated Press: Chase Iron Eyes could face up to five years in prison if convicted on the felony charge. He...
  • Record radiation level detected inside damaged Fukushima reactor

    02/03/2017 3:01:42 PM PST · by Tilted Irish Kilt · 72 replies
    Japantoday ^ | Feb. 3, 2017 | NA
    A record radiation level has been detected inside the No. 2 reactor at the damaged Fukushima Daiichi nuclear complex, with the estimated reading of up to 530 sieverts per hour, the plant operator said Thursday. The reading means a person could die from even brief exposure, highlighting the difficulties ahead as the government and Tokyo Electric Power Company Holdings Inc. grope their way toward dismantling all three reactors that melted down in the March 2011 nuclear disaster. The plant operator also announced that based on an image analysis, a 1-square-meter hole has been found on a metal grating beneath the...
  • Chase Iron Eyes among 76 arrested as DAPL protesters attempt to set up new camp on private land

    02/01/2017 5:42:30 PM PST · by Brad from Tennessee · 11 replies
    KFYR FOX ^ | February 1, 2017
    CANNON BALL, N.D. - A coordinated law enforcement effort evacuated another Dakota Access Pipeline protest camp that was beginning to take root outside of the main protest camp. Humvees and front end loaders pushed protesters back and converged on the camp from the east and west. The new camp was an attempt by a group of activists to establish a peaceful and prayerful protest. Law enforcement moved in around 2 p.m. and protesters said they were ready to stand their ground. "If they do come over and they do arrest us and they do, you know, get aggressive, we'll stand...
  • Army Corps told to clear way for Dakota Access construction

    01/31/2017 7:13:16 PM PST · by 11th_VA · 25 replies
    The Hill ^ | Jan 31,2017 | Devin Henry
    The acting secretary of the Army has instructed federal officials to issue the easement necessary to build a controversial segment of the Dakota Access pipeline, members of the North Dakota congressional delegation said Tuesday. “The Acting Secretary of the Army Robert Speer informed us that he has directed the Army Corps of Engineers to proceed with the easement needed to complete the Dakota Access Pipeline,” Sen. John Hoeven (R-N.D.) said in a Tuesday night statement. “This will enable the company to complete the project, which can and will be built with the necessary safety features to protect the Standing Rock...
  • Trump Tax Reforms Could Cause Oil Production Surge: Goldman Sachs

    01/30/2017 7:36:06 PM PST · by 2ndDivisionVet · 10 replies
    Ship & Bunker ^ | January 26, 2017 | Staff
    His first week in office is proving U.S. president Donald Trump to be, if nothing else, true to his word in acting upon campaign promises, and Goldman Sachs believes the brash billionaire's proposed tax reforms may result in a 25 percent upward surge of West Texas Intermediate futures. This in turn could trigger large-scale domestic oil production, according to Goldman analysts, referring to the outcome of the push by House of Representative Republicans for a shift to border-adjusted corporate tax (BTA), whereby imports into the States would be taxed but U.S. business export revenues would be exempt from corporate taxation....
  • Justin Trudeau booed at disastrous town hall as polls show lowest approval ever

    01/27/2017 11:34:35 AM PST · by SouthernerFromTheNorth · 125 replies
    Breitbart ^ | 01/25/2017 | Frances Martel
    A poll released Tuesday found Canadians disenchanted with liberal Prime Minister Justin Trudeau, whose approval ratings have fallen to their lowest since he assumed the nation’s highest office. The Forum Poll™, a public opinion firm, released their numbers while Trudeau was visiting western Calgary. Having called for “phasing out” oil sands from the nation’s economy, Calgarians greeted Trudeau with loud boos and, in some instances, barely managed to let Trudeau answer their barbed questions. Forum found that 48 percent of Canadians approve of the job Trudeau is doing as Prime Minister, the first time his approval has crossed the 50...