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Keyword: energy

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  • US DOE approves Oregon project to export LNG

    07/31/2014 1:23:54 PM PDT · by Tailgunner Joe · 1 replies
    reuters.com ^ | July 31, 2014 | Timothy Gardner
    WASHINGTON, July 31 (Reuters) - The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe. Oregon LNG, which is controlled by Leucadia National Corp , has been authorized by the department to export up to 1.25 billion cubic feet per day of the fuel for 20 years. It hopes to begin exporting LNG in 2017. The Astoria, Oregon-based project still needs approval from the Federal Energy Regulatory Commission (FERC), which will review the project's environmental...
  • Manufacuturers' study: New EPA rules could cost Arkansas 10,000 jobs

    07/31/2014 4:15:36 PM PDT · by Oldeconomybuyer · 11 replies
    The City Wire ^ | July 31, 2014 | by Wesley Brown
    A study released by the National Association of Manufacturers (NAM) on Thursday said the Environmental Protection Agency’s (EPA) new ozone standards could cause Arkansas to lose more than 10,000 jobs, pay more than $240 million in environmental compliance costs, and shut down most of the state’s coal-fired electric generation. “Manufacturing in the United States is making a comeback, and we’re reducing emissions at the same time, but tightening the current ozone standard to near unachievable levels would serve as a self-inflicted wound to the U.S. economy at the worst possible time,” NAM President and CEO Jay Timmons said. “This rule...
  • EPA's proposed ozone rules could choke Louisiana industry, business group says

    07/31/2014 4:07:14 PM PDT · by Oldeconomybuyer · 8 replies
    The Times-Picayune ^ | July 31, 2014 | By Jennifer Larino
    Louisiana businesses and consumers could face one of the most expensive federal regulations in history, according to a new study released Thursday (July 31) by the National Association of Manufacturers, an industry advocacy group. The study, conducted for the association by NERA Economic Consulting, estimates it will cost Louisiana companies $189 billion over two decades to comply with new limits on ozone emissions the Environmental Protection Agency is slated to propose later this year. The report says the Louisiana economy stands to lose as much as $53 billion in gross state product and nearly 117,000 jobs per year if the...
  • Testimony, advocates clash at EPA coal hearings

    07/31/2014 3:44:00 PM PDT · by Oldeconomybuyer · 20 replies
    WTAE-TV Pittsburgh ^ | July 31, 2014 | by JOE MANDAK
    PITTSBURGH —Union miners and others opposed to stricter pollution rules for coal-burning power plants proposed by the Environmental Protection Agency clashed inside and outside the city's federal building on the first of two days of public hearings on the new regulations. About 5,000 union members, led by the United Mine Workers of America, on Thursday marched to the William S. Moorhead Federal Building chanting, "Hey, hey, EPA! Don't take our jobs away!" A few members of a Pittsburgh-based union, Boilermakers Local 154, traded shouts and insults with some 300 environmental activists who stood on a nearby street corner as the...
  • The Airport That Feeds the Oil Boom: The Fastest Growing Airports Are in North Dakota

    07/31/2014 7:18:29 AM PDT · by SeekAndFind · 3 replies
    Wall Street Journal ^ | 07/31/2014 | Scott McCartney
    A double-wide mobile-home trailer that used to serve as an elementary-school classroom is now the airport terminal. A conference room is the Hertz rental counter. And there is no baggage carousel, just a small counter where baggage workers pile luggage. Sloulin Field International Airport here wasn't built to be one of the fastest-growing airports in the world, but it is now. Traffic last year was 254% higher than just two years earlier. Airlines fly in with jets weighing twice as much as what the runway was built for. And when the parking lot is full, cars are left in ditches...
  • We Could Unlock More Than 267 Billion Barrels of Oil in America

    07/30/2014 6:51:03 PM PDT · by ckilmer · 36 replies
    fool.com ^ | July 30, 2014 | Tyler Crowe
    We Could Unlock More Than 267 Billion Barrels of Oil in America By Tyler Crowe | More Articles | Save For Later July 30, 2014 | Comments (0) Photo credit: WPX Energy If I had told you five or six years ago that America would be producing more oil than ever before and potentially becoming an exporter of crude within a decade, you probably would have had me institutionalized. Yet thanks to the advancements in drilling techniques, we have been able to access one of the most abundant resources we didn't think were possible: shale and tight oil. Today, oil...
  • Power Plays

    07/30/2014 9:39:42 AM PDT · by Kaslin · 1 replies
    Townhall.com ^ | July 30, 2014 | Rich Tucker
    The United States is awash in energy. “U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter,” Bank of America reports. Our country became the biggest producer of natural gas four years ago. Only one thing may stand in our way: Experts. Last year, Forbes contributor Juston Gerdes lauded a proposal by a legislator in California aimed at reducing greenhouse gas emissions. The proposal would create a board that is, itself, awash in experts. “The board would include representatives from the...
  • E.U. offshore wind targets look iffy as France and Germany fall behind

    07/29/2014 6:26:20 PM PDT · by Lorianne · 7 replies
    EE Publishing ^ | 08 July 2014
    MUNICH, Germany -- Offshore wind is the key to the European Union's commitment to a legally binding target to meet 20 percent of its energy consumption through renewable energy by 2020. Under plans submitted by E.U. member states, as much as 43.3 gigawatts of offshore wind capacity is supposed to be deployed by 2020. But the pace of installation is falling well behind this ambitious target -- roughly the equivalent of 40 large electric generating plants. The gap is 14 percent at the moment, according to the European Wind Energy Association (EWEA), with France and Germany, in particular, significantly behind....
  • BP and Shell: Are we on the cusp of the oil mega mergers?

    07/29/2014 3:01:04 PM PDT · by Lorianne · 3 replies
    Telegraph (UK) ^ | 26 July 2014 | Ben Marlow
    A slump in profits could reignite a flurry of deal-making and see a return to mergers of the big oil companies ___ Ten years ago, Lord Browne, the then chief executive of BP, flew to Williamsburg, Virginia, for a board meeting, where he planned to outline detailed proposals for a mega-merger with Royal Dutch Shell. The radical tie-up had been discussed in secret weeks earlier with Jeroen van Der Veer, his counterpart at Shell, during a stroll around Lake Como in Italy. With an estimated $9bn (£5.3bn) of synergies from the deal and Browne’s conviction that he had the backing...
  • Ukraine’s Yatsenyuk Says Resigns in Protest at Parliament’s Decisions

    07/29/2014 2:44:30 PM PDT · by Lorianne · 2 replies
    RIA Novosti ^ | 26 July 2010
    Ukrainian Prime Minister Arseniy Yatsenyuk said Friday he has announced his resignation amid the Verkhovna Rada’s refusal to vote in favor of increasing the funding of troops involved in the special operation in the country’s east. “My decision to resign has one motive: I want the whole country to see that the parliament refuses to support the Ukrainian Armed Forces, the parliament refuses to fight for the east and impose taxes on those who need to pay taxes,” Yatsenyuk said in a Shuster LIVE Ukrainian talk show. Yatsenyuk said the country’s parliament needs a “reset” and also called to carry...
  • General Electric's Game-Changing Fuel Cell May Spark A Revolution

    07/29/2014 10:19:37 AM PDT · by shove_it · 41 replies
    SeekingAlpha ^ | 29 Jul 2014 | David Alton Clark
    ~snip~ The details behind the new fuel cell The new fuel cell uses stainless steel in place of platinum and rare metals. Johanna Wellington, advanced technology leader at General Electric Global Research and the head of General Electric's fuel cell business, states: "The cost challenges associated with the technology have stumped a lot of people for a long time. But we made it work, and we made it work economically. It's a game-changer. The new fuel cell can generate electricity at any location with a supply of natural gas. It can get going quickly, does not need new transmission lines...
  • Germany’s green tech forces 400x increase in power rates

    07/28/2014 10:00:29 PM PDT · by Ernest_at_the_Beach · 13 replies
    wattsupwiththat.com ^ | July 28, 2014July 28, 2014 | by Anthony Watts
    The price of a stabilized green power grid is very steep, one could say it is like a “hockey stick”Story submitted by Eric Worrall  (h/t John Droz)Coal and gas electricity companies are being paid up to 400x times the wholesale price of power, in return for helping to stabilize the German electricity grid.According to Bloomberg, “Germany’s push toward renewable energy is causing so many drops and surges from wind and solar power that the government is paying more utilities than ever to help stabilize the country’s electricity grid.” “At the beginning, this market counted for only a small portion of...
  • Ouray County Adopts a Road Map for the 21st Century ( Colorado - RS 2477 )

    07/28/2014 10:54:48 AM PDT · by george76 · 19 replies
    The Watch ^ | 07/24/14 | Samantha Wright
    Despite an eleventh hour interjection from the U.S. Forest Service, the Ouray County Commissioners made history this week, unanimously voting to adopt a new county road map that brings it into the 21st century. The last time an official county road map was prepared in Ouray County was in 1961. Proposed revisions to this 1961 iteration of the map took place over the past five years, first through the work of the collaborative, multi-jurisdictional Public Access Group and later through two years of intensive work by Ouray County IT/GIS Manager Jeff Bockes, who integrated modern computerized mapping techniques (including GoogleEarth)...
  • Judge rules largely in favor of Utah on rural roads dispute ( RS 2477 )

    07/28/2014 11:12:06 AM PDT · by george76 · 16 replies
    The Salt Lake Tribune ^ | March 22, 2013 | Brooke Adams
    A federal judge handed a landmark victory to Kane County and the state of Utah on Wednesday in a years-long dispute with the federal government over whether some rural routes should remain in use as roads, or if they should be closed to the public. In two decisions, U.S. District Judge Clark Waddoups found he had jurisdiction to hear Kane County's claim, gave parameters for "reasonable" right-of-way widths on some routes and determined that 12 of 15 routes in dispute were roads and therefore accessible by the public. The distinction hinged on an 1866 law through which Congress sought to...
  • Not in my backyard: US sending dirty coal abroad

    07/28/2014 8:04:43 AM PDT · by AT7Saluki · 16 replies
    WRAL ^ | 7/28/14 | Dina Cappiello
    As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America's unwanted energy leftovers to other parts of the world where they could create even more pollution. This fossil fuel trade threatens to undermine President Barack Obama's strategy for reducing the gases blamed for climate change and reveals a little-discussed side effect of countries acting alone on a global problem. The contribution of this exported pollution to global warming is not something the administration wants to measure, or even talk about.
  • Sarah Palin Launches Online TV Channel

    07/27/2014 8:10:40 PM PDT · by Tailgunner Joe · 34 replies
    breitbart.com ^ | July 27, 2014 | Tony Lee
    Vowing to once again go around the mainstream media's filter like she did with her pioneering use Twitter and Facebook after the 2008 presidential election, former Alaska Governor Sarah Palin launched her own member-supported digital TV channel on Sunday evening. .... In a "Sarah Says" video that is featured on the site, Palin says the tragic downing of the Malaysian Airlines plane has "shifted the balance of world opinion against Vladimir Putin" since "there is a lot of evidence pointing to pro-Russian separatists" as being responsible for the "thoughtless massacre." She said that Putin, though, still holds "oil and gas...
  • Nevada Power raises rate hike request 80 percent

    07/26/2014 5:43:58 PM PDT · by george76 · 17 replies
    LAS VEGAS REVIEW-JOURNAL ^ | July 25, 2014 | SEAN WHALEY
    Nevada Power has amended its general rate increase request in a filing Friday with the state Public Utilities Commission, raising the revenue requirement to $37.8 million from the $20.8 million sought originally May 2. The effect of the new request, which totals about 81 percent, would be to impose an overall increase of 1.64 percent instead of the 0.9 percent request in the original filing.
  • How and Why the CPI Was Destroyed as an Accurate Measure of Price Inflation

    07/25/2014 3:11:11 PM PDT · by george76 · 31 replies
    EPJ - Shadowstats ^ | July 23, 2014 | John Williams
    In the early-1990s, political Washington moved to change the nature of the CPI. The contention was that the CPI overstated inflation (it did not allow substitution of less-expensive hamburger for more-expensive steak). Both sides of the aisle and the financial media touted the benefits of a “more-accurate” CPI, one that would allow the substitution of goods and services. The plan was to reduce cost of living adjustments for government payments to Social Security recipients, etc. The cuts in reported inflation were an effort to reduce the federal deficit without anyone in Congress having to do the politically impossible: to vote...
  • Wisconsinites: Let Scott Walker Live Up To His Commitments To The Free Market

    07/25/2014 1:37:41 PM PDT · by BuckWilliams · 9 replies
    Tea Party Tribune ^ | July 25, 2014 | Buck Williams
    Unfortunately, competition is under attack in my beloved Wisconsin when it comes to energy choice. For the state where I grew up watching my father decry and fight like hell against the ruinous policies of Robert LaFollette Jr., who turned the state into a progressive “paradise” of which only Karl Marx and Gus Hall could be proud, I want nothing more than a vibrant competitive market. While Gov. Scott Walker has done more than any other Wisconsin governor in recent memory to undo policies that threaten competition, he’s missing the boat on energy choice in the state.
  • US senator expects 2014 RFS volumes to go up, following meeting with Obama adviser

    07/25/2014 5:18:38 AM PDT · by TurboZamboni · 5 replies
    Platts.com ^ | 7-24-14 | Washington (Platts)
    Following a meeting with President Barack Obama's top energy adviser, Minnesota Senator Al Franken on Thursday said he believes the Environmental Protection Agency will raise its biofuels blending targets when it finalizes the 2014 Renewable Fuel Standard. "We are hoping for and we definitely believe we're going to get higher numbers than in the preliminary rule, and we hope they're significantly higher," Franken said on a conference call with reporters. Franken and eight other Democratic senators met with Obama adviser John Podesta to discuss the biodiesel mandate within the 2014 RFS, though Franken said ethanol issues came up, as well....
  • The Five Fatal Flaws of Solar Energy

    07/25/2014 4:33:57 AM PDT · by SeekAndFind · 15 replies
    American Thinker ^ | 07/25/2014 | Viv Forbes
    The sun is the most important energy source on Earth. Solar energy powers the growth of all trees, grasses, herbs, crops and algae; it creates the clouds and powers the storms; it is the source of all hydro, photo-voltaic (PV), solar-thermal, bio-mass, and wind energy. Over geological time, it also creates coal. PV solar panels are useful in remote locations and for some portable applications. With enough panels and batteries, standalone solar can even power homes. But solar energy has five fatal flaws for supplying 24/7 grid power.
  • Sen. Fischer: increase Russian sanctions in wake of Malaysian jet crash

    07/23/2014 1:20:27 PM PDT · by Tailgunner Joe · 12 replies
    nebraskaradionetwork.com ^ | July 23, 2014 | Brent Martin
    Sen. Deb Fischer supports increased sanctions against Russia in wake of the downing of a Malaysian commercial flight over Ukraine. Fischer acknowledges much isn’t yet known about the doomed flight, except that it was shot down by a missile fired from territory occupied by pro-Russia separatists. Fischer says the U.S. must go beyond sanctions and lend support to Ukraine. “I believe our goal must be to help the Ukrainians regain control of their country and that means providing them with assistance and holding Russia accountable for its actions,” Fischer tells Nebraska reporters during a conference call. Accident investigators have yet...
  • Administration to unveil stricter rules for carrying crude by rail

    07/23/2014 6:21:51 AM PDT · by Cincinatus' Wife · 17 replies
    The Hill ^ | July 23, 2014 | Laura Barron-Lopez
    The Obama administration will unveil new rules Wednesday proposing more stringent safety standards on trains carrying crude oil and other flammable fuels. Transportation Secretary Anthony Foxx is expected to announced the new rules, which will include standards for tank cars, speed limits for trains carrying crude oil, brake standards and testing for oil and other flammable liquids, according to a Wall Street Journal report. A Department of Transportation spokesperson confirmed to The Hill that the announcement will be made Wednesday. The federal rules have been anxiously awaited by the railroad and oil industries, which have met with White House and...
  • Obama Administration Ignores Reporting Law as Prairie Chicken Population Increases

    07/23/2014 5:58:03 AM PDT · by george76 · 15 replies
    Colorado Observer ^ | July 22, 2014 | Audrey Hudson
    A new study shows the lesser prairie chicken population has exploded by 20 percent prompting concern by western lawmakers that the Obama administration acted hastily when it listed the bird as threatened under the Endangered Species Act. The aerial survey conducted last month by the Western Association of Fish and Wildlife Agencies showed the grouse species numbers jumped from 18,747 to 22,415. That study plus the Agriculture Department’s tardiness in reporting conservation efforts to Congress as required by law prompted a letter from lawmakers including Colorado Republican Rep. Scott Tipton demanding the report. “We request that your department provide this...
  • The Biggest Hypocrites in America

    07/22/2014 2:04:38 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | July 22, 2014 | Bill Kerpen
    Liberal megadonor Tom Steyer, failing to raise any significant outside money for his global warming Super PAC, turned to one of his San Francisco neighbors for a million dollar check. It was Herb Sandler, the subprime mortgage lender at the heart of the housing crisis, and like Steyer a huge hypocrite. Tom Steyer made his fortune as an international coal financier while enticing investors with a tax-avoidance strategy featuring offshore shelters in the Caymans, Mauritius, and Singapore. Now he's using that fortune to support liberal Democrats who want to hike taxes and deny hardworking Americans access to the same...
  • Price hikes coming for Chipotle, Dunkin' Donuts and The Cheesecake Factory

    07/22/2014 8:54:45 AM PDT · by george76 · 32 replies
    CNN ^ | Jul 21, 2014 | Amie Winters
    <p>Fast food fans, we've got some bad news. Wholesale prices on a bunch of your favorite food products have seen sharp increases this year. Among those, beef and avocados are through the roof, hitting burrito-makers doubly hard.</p> <p>Because of huge price increases for beef and avocados, Chipotle is raising menu prices for the first time in three years. It's a reality that a lot of restaurants are facing due to rising food prices.</p>
  • SHOT UP: Udall Losing In NYT Predictive Model For First Time

    07/21/2014 2:57:42 PM PDT · by george76 · 32 replies
    Colorado Peak Politics ^ | July 21, 2014
    For the first time this entire election cycle The New York Times Senate forecast at The Upshot predicts Udall has a greater chance of losing reelection than winning (53%-47%). This is a huge deal, as The Upshot tries to go beyond just the polls and factor in other intangibles about a race, such as, incumbency, fundraising, a state’s past election history among others, who the liberals at the NYT want to win. All those factors in The Upshot model lean heavily Udall’s way. Yet, despite this inherent, built-in advantage, Udall can’t overcome one thing: the people of Colorado feel he...
  • San Juan battle lines drawn (Reliable coal power vs. renewables in NM)

    07/21/2014 12:33:06 PM PDT · by CedarDave · 9 replies
    The Albuquerque Journal ^ | July 21, 2014 | Kevin Robinson-Avila
    The battle over where New Mexico’s electricity will come from after Public Service Company of New Mexico shuts down half of the coal-fired units at San Juan Generating Station near Farmington is growing. Environmentalists and renewable energy advocates adamantly oppose a PNM proposal to increase its share of coal-generated electricity from San Juan by 132 megawatts after some of the plant’s other co-owners abandon it. They fear PNM is committing New Mexico consumers to another two decades of coal-fired electricity despite rising costs from federal environmental regulations, while squandering an opportunity to double down on renewable energy for the future....
  • Renewable Energy Growth in Perspective

    07/21/2014 11:17:18 AM PDT · by CedarDave · 5 replies
    Energy Matters ^ | July 14, 2014 | Roger Andrews
    Renewable energy, particularly wind and solar, continues to set records for electicity generation and installed capacity in many parts of the world, and as shown in Figure 1 wind and solar growth in recent years has indeed been quite spectacular:~~snip~~If decarbonization is to be achieved by expanding renewables the expansion will have to come in wind, solar and biomass. So let’s take hydro out and see how far growth in wind, solar and biomass has carried us along the decarbonization path so far:Clearly they still have a long way to go.
  • Finally! Carbon Tax Gone – Australia gets rid of a price on carbon

    07/21/2014 10:39:46 AM PDT · by Ernest_at_the_Beach · 13 replies
    joannenova.com.au ^ | July 17th, 2014 | Joanne
    As of today, Australia no longer has the most expensive “carbon” price in the world. The voters didn’t ask for a tax in 2010,  but it was forced on them in 2011. They rejected it wholeheartedly in 2013 but it still has taken months to start unwinding this completely pointless piece of symbolism which aimed to change the weather. The machinery of democracy may be slow, but this is a win for voters.11:15am EST today: The Australian Senate passes the carbon tax repeal bill.“Australia has become the first country in the world to abolish a price on carbon, with the Senate...
  • What happens when a $35,000 Tesla arrives?

    07/21/2014 7:37:53 AM PDT · by BenLurkin · 104 replies
    CNET ^ | July 20, 2014 2:30 PM PDT | Brooke Crothers
    Tesla said this week that its $35,000 entry, due in 2017 (or thereabouts), will be called the Model 3. One of the keys to making a cheaper Tesla is battery technology, as CEO Elon Musk pointed out to Auto Express earlier in the week. I chatted with John Voelcker, senior editor for High Gear Media, which publishes Green Car Reports, in the wake of the news. He offered insight into what impact a lower-priced Tesla might have. Q: Tesla has sold very pricey cars to date. How might a $35,000 Model 3 shake things up? John Voelcker: A list price...
  • Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm

    07/21/2014 6:54:24 AM PDT · by thackney · 6 replies
    Reuters via Rig Zone ^ | July 21, 2014 | Balazs Koranyi and Gwladys Fouche
    An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for ExxonMobil. Exxon, the top U.S. oil major and the world's most valued oil company, is bringing the rig, called West Alpha, from Norway to the Russian Arctic. It is hoping for a major discovery in the Kara Sea with Russian partner Rosneft. The journey has begun just as the United States has slapped the toughest sanctions yet on Russia, including on Rosneft, over escalating violence in Ukraine. Further sanctions are likely after the...
  • Recent improvements in petroleum trade balance mitigate U.S. trade deficit

    07/21/2014 5:28:31 AM PDT · by thackney · 3 replies
    Energy Information Administration ^ | JULY 21, 2014 | Energy Information Administration
    Since the mid-1970s, the United States has run a deficit in merchandise trade, meaning that payments for imports exceeded receipts for exports. This large and growing deficit on the merchandise trade balance reached a maximum of $883 billion in the second quarter of 2008. As a result of the recession, dramatic declines of imports in excess of exports during the fourth quarter of 2008 and the first quarter of 2009 reduced the merchandise trade deficit by 49%, to $449 billion in the second quarter of 2009. This trend of declining imports resulted in the lowest quarterly deficit level since early...
  • Gov. Dayton: Minnesota should eliminate coal use

    07/21/2014 5:11:11 AM PDT · by TurboZamboni · 34 replies
    AP ^ | 7-18-14 | AP
    <p>MINNEAPOLIS (AP) -- Gov. Mark Dayton challenged energy policy and business leaders Thursday to find a way for Minnesota to eliminate coal from the state's energy production.</p> <p>Dayton, who has spoken of his aim to eliminate coal before, said it's time to start talking details so that Minnesota can lead the nation.</p>
  • Drought hinders California's clean energy goals

    07/20/2014 5:40:26 PM PDT · by Oldeconomybuyer · 16 replies
    Fresno Bee ^ | July 20, 2014
    SAN FRANCISCO — Already locked in its third dry year, an ongoing drought could complicate California's battle against global warming and make it more expensive, officials said. For years, dams have been one of California's main sources of clean energy, generating power without spewing greenhouse gases into the air. "If there's less hydro, the power has to come from somewhere," said Victor Niemeyer of the Electric Power Research Institute. "You have to burn more gas, and that costs more money." A power plant operator that uses more natural gas, raising its emissions, must make up by buying "allowances" under the...
  • The Stunning Key That Could Unlock 160 Billion Barrels of Oil Trapped Underneath America

    07/20/2014 1:42:44 PM PDT · by ckilmer · 69 replies
    fool.com ^ | July 20, 2014 | By Matt DiLallo
    The Stunning Key That Could Unlock 160 Billion Barrels of Oil Trapped Underneath America By Matt DiLallo | More Articles July 20, 2014 | Comments (0)  Photo credit: Flickr/Melissa  It is estimated that there are 160 billion barrels of oil still trapped underneath this country in what are considered depleted oil fields. That's a tremendous amount of oil given that America uses about seven billion barrels of it each year. In fact, if we could only find the key to unlock this trapped oil we could extend fleeting our reserves by more than 22 years.That's why it probably comes as a surprise...
  • Get Ready for the New England Power Shortage

    07/19/2014 6:18:35 AM PDT · by bestintxas · 34 replies
    am spectator ^ | 7/18/14 | w tucker
    n 1980, under the first administration of Governor Jerry Brown, California decided it wasn’t going to build any more power plants but would follow Amory Lovins’ “soft path,” opting instead for conservation and renewable energy. By 2000, with the new digital economy sucking up electricity, a drought in the Pacific Northwest cut hydropower output and the state found itself facing the Great California Electrical Shortage. You know what happened next. For weeks the Golden State struggled to find enough electricity to power its traffic lights. Brownouts and blackouts cascaded across the state while businesses fired up smoke-belching diesel generators to...
  • Charts and maps of America’s Amazing Shale Oil Revolution;

    07/19/2014 3:11:31 PM PDT · by ckilmer · 25 replies
    aei-ideas ^ | July 15th, 2014 | Mark J. Perry |
    Charts and maps of America’s Amazing Shale Oil Revolution; and the new ‘Big Three’: Bakken, Eagle Ford and Permian Mark J. Perry | July 15th, 2014   Skip to Responses     Below are four charts and two maps that help tell the story of America’s Amazing Shale Oil Revolution:1. The Big Three. Yesterday, the Department of Energy’s Energy Information Administration (EIA) updated its monthly “Drilling Productivity Report” with new estimates of oil production through August in America’s three, super-giant oil fields, the “Big Three”: the Bakken in North Dakota and Eagle Ford Shale and Permian Basin in Texas. As...
  • A fracking problem for Dems

    07/19/2014 1:26:35 PM PDT · by Cincinatus' Wife · 2 replies
    The Hill ^ | July 19, 2014 | Laura Barron-Lopez
    Republicans love fracking in Colorado — and it could help them flip a critical Senate seat this fall. The onslaught against Democratic Sen. Mark Udall (Colo.) reached a fever pitch this week when Colorado Gov. John Hickenlooper (D) had to cancel a special legislative session meant to keep two hydraulic fracturing initiatives backed by Rep. Jared Polis (D-Colo.) off the November ballot. Udall, who had stayed out of the fray on the two measures, was forced to take a side much to the GOP's glee. Now, with Colorado as one of the top natural gas producing states in the nation,...
  • Wind Turbine Fires 10 Times More Common than Previously Thought

    07/18/2014 9:50:49 AM PDT · by george76 · 17 replies
    Breitbart News Network ^ | 17 Jul 2014 | Nick Hallett
    Nearly 120 wind turbines catch fire each year – ten times the number reported by the industry – according to new research. The figures show that fires are the second biggest cause of accidents in wind turbines, after blade failure. ... because the turbines are so far off the ground, it is almost impossible to put the fires out, leading to the whole structure potentially being destroyed. Dr Guillermo Rein of Imperial College said: “Fires are a problem for the industry, impacting on energy production, economic output and emitting toxic fumes. “This could cast a shadow over the industry’s green...
  • Feds OK first-in-decades oil studies off East Coast

    07/18/2014 11:21:43 AM PDT · by thackney · 17 replies
    Fuel Fix ^ | July 18, 2014 | Jennifer A. Dlouhy
    The Obama administration on Friday gave the oil industry the green light to use air guns and sonic sensors to search for possible oil and gas under Atlantic waters, overriding environmentalists concerned that the seismic research can harm whales and other marine life. Although geophysical research companies will still have to apply for individual permits to conduct seismic studies along the south- and mid-Atlantic coast — and undergo more rigorous environmental scrutiny of their specific plans — the Interior Department’s formal decision opens the door for the activity. Friday’s move also helps pave the way for possible drilling off the...
  • Boulder moves to acquire [steal] Xcel Energy distribution network through condemnation

    07/18/2014 8:26:19 AM PDT · by catnipman · 32 replies
    Daily Camera ^ | 7/17/2014 | Erica Meltzer
    Article Subtitle: Utility says city's filing 'ignores state law and is premature' "Boulder initiated long-threatened condemnation proceedings against Xcel Energy on Thursday, filing a legal petition seeking to acquire through eminent domain portions of the company's electric distribution network to serve as the backbone of a future municipal utility." ...
  • BLM: More money needed for inspections

    07/18/2014 7:30:16 AM PDT · by george76 · 24 replies
    Albuquerque Business First ^ | Jul 18, 2014 | Gary Gerew
    Bureau of Land Management Director Neil Kornze said that increased drilling and a shortage of staff are behind his agency’s request for a fee system to increase the agency’s inspection capacity. ... BLM is focused on a range of inspections, including drilling and production inspections. ... Irregular and declining budgets have hindered our ability to move out aggressively in this area. Through the President’s 2015 budget proposal, we are now seeking to fund inspections through a fee system that will allow us to be much more responsive to the needs of industry and, importantly, to meet the foundational safety and...
  • Kemper Coal Plant Prepares for Operation

    07/18/2014 6:50:22 AM PDT · by thackney · 9 replies
    WTOK ^ | July 17, 2014 | Candace Barnette
    Mississippi Power is looking for ways to make a positive economic impact as the Kemper Coal Plant is slowly nearing its finish line. The facility has completed construction and is now in the process of testing its equipment. And coal engineers say as they begin, they're doing their best to hire locally. "We sign long-term contracts with our customer," mine engineer Matt Jones says. "We've got a 40-year contract with Mississippi Power for this operation. We're part of the community, and we want to make sure we're hiring our neighbors as much we can." At its peak, the coal plant...
  • Revisiting Kurdistan: 'If there is a success story in Iraq, it's here'

    07/17/2014 9:39:56 PM PDT · by blueplum · 5 replies
    The Guardian ^ | July 16, 2014 | Luke Harding
    In 2003, before the US invasion of Iraq, Luke Harding found the Kurds full of defiance and hope. Returning 11 years later – with Baghdad's hold on power crumbling – he finds a self-confident region transformed by oil money The news from Iraq has been grim of late. Sectarian killings, political feuding and the flamboyant rise of Islamist fanaticism. :snip: One part of Iraq, however, has largely escaped the mayhem engulfing the rest of the country. It is Kurdistan, the autonomous Kurdish region of northern Iraq. Its capital, Irbil, is a haven of religious tolerance and relative safety. The suburb...
  • Australia abolishes divisive carbon tax

    07/17/2014 2:02:35 PM PDT · by SeekAndFind
    The Daily Times ^ | 07/17/2014
    Noah Rothman wrote up Quinnipiac’s gubernatorial poll yesterday, prompting me to wonder over at Townhall whether the polling outfit was holding back its Senate numbers for separate release. We now have our answer. A virtual deadlock, and advantage Gardner: The closely-watched U.S. Senate race is tied with 44 percent for U.S. Rep. Cory Gardner, the Republican challenger, and 42 percent for Sen. Mark Udall, the Democratic incumbent, according to a Quinnipiac University poll released today. Another 10 percent are undecided. This compares to the results of an April 24 survey by the independent Quinnipiac University showing Sen. Udall at...
  • Iraqi Kurds begin oil pumping from Kirkuk

    07/17/2014 10:31:35 AM PDT · by DeaconBenjamin · 9 replies
    Iraq’s autonomous Kurdish region has begun to pump oil from Kirkuk fields previously controlled by Iraq’s central government into the pipeline system that runs in its own territory, a senior Iraqi oil official said on July 17. Kirkuk lies on the disputed boundary between the northern Kurdish region and the rest of Iraq and is at the heart of a long-running dispute between Baghdad and Arbil, the Kurdish regional capital, over territory and natural resources. Kurdish forces took control of production facilities at the Kirkuk and Bai Hassan northern fields on July 11, exploiting a power vacuum created by an...
  • Australia repeals controversial carbon tax

    07/17/2014 5:26:00 AM PDT · by reaganaut1 · 9 replies
    Associated Press ^ | July 16, 2014 | KRISTEN GELINEAU
    SYDNEY (AP) — Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it. The Senate voted 39 to 32 to axe the 24.15 Australian dollar ($22.60) tax per metric ton of carbon dioxide that was introduced by the center-left Labor government in July 2012. Conservative lawmakers burst into applause as the final tally was announced. Prime Minister Tony Abbott's conservative coalition government rose to power last year on the promise of getting rid of the tax, assuring...
  • Kemp: Peak Petroleum Engineer? Or Still Time to Join the Boom?

    07/17/2014 4:58:32 AM PDT · by thackney · 6 replies
    Reuters via Rig Zone ^ | July 17, 2014 | John Kemp
    Petroleum engineers are among the best paid professionals in the United States. Only chief executives and some specialist doctors earned more last year, according to federal government pay data. Petroleum engineers were paid an average of $132,000 a year, with the top 10 percent on more than $187,000, according to the Bureau of Labor Statistics (BLS). These figures include everyone from the newest graduates to the most experienced engineers with decades of experience, and are based on median earnings in May 2013. Petroleum engineers earned almost four times as much as the average employee across the economy, who was on...
  • Tesoro Refinery fire, Anacortes, Washington

    07/16/2014 6:39:38 PM PDT · by WhiskeyX · 38 replies
    WhiskeyX | 2014-07-16 | WhiskeyX
    At least two large fires that appear to be uncontrolled are visible at the Tesoro Refinery, Anacortes, Washington. No further information is available at this time. The Tesoro website does not say anything about the fires yet.