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Keyword: fracking

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  • One Year of Fracking in CO, Creates More Jobs than Obama’s Entire Economy Has for Millennials

    07/21/2014 7:25:59 AM PDT · by Kaslin · 27 replies
    Townhall.com ^ | July 21, 2014 | Katie Kieffer
    Fracking in the state of Colorado during the year 2012 created 111,000 jobs whereas Barack Obama’s entire economy has only generated 110,000 jobs for Millennials since 2007. What is wrong with our president? Does he suffer from a migraine headache or is he simply refusing to think straight? His administration is spending up to $1,000 a day caring for illegal immigrant children carrying measles, mumps, scabies, lice, chicken pox, strep throat and tuberculosis. Meanwhile, legal American citizens with law degrees are living with their parents and struggling to find jobs that even pay minimum wage. Describing the influx of undocumented...
  • 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,...
  • Texas city weighs ban on new fracking permits (Denton)

    07/16/2014 12:26:37 AM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Jul 16, 2014 2:43 AM EDT | Emily Schmall
    A North Texas community that sits on a large natural gas reserve could become the first city in the state to partially ban hydraulic fracturing, with city leaders in Denton set to vote early Wednesday on a citizen-led petition to outlaw new permits for the drilling method. The process, also called fracking, has led to significant economic benefits but also to fears that the chemicals could spread to water supplies, worsen air quality and even cause small earthquakes. Scores of other cities and some states have considered similar bans, but the proposal in Denton is a litmus test on whether...
  • Huge North Dakota Wastewater Spill Prompts Calls For Fracking Regulations

    07/15/2014 2:04:19 PM PDT · by SeekAndFind · 19 replies
    OIL PRICE ^ | 07/15/2014 | By Andy Tully
    Beaver dams have so far prevented about 1 million gallons of fracking wastewater discovered spilled July 8 from a rural North Dakota pipeline from spreading too far. But area residents, environmentalists and even a Republican state legislator all want more reliable measures. The spill of the toxic saltwater, a byproduct of hydraulic fracturing, came from gas extraction operations at the Fort Berthold Indian Reservation and occurred days before it was discovered. The federal Environmental Protection Agency said the underground pipeline spilled about 24,000 barrels, or 1 million gallon, in North Dakota’s thriving oil and gas region. The water, which can...
  • Seven Facts for Fracking Deniers

    07/10/2014 6:38:56 AM PDT · by rktman · 19 replies
    americanthinker.com ^ | 7/10/2014 | Jeffrey Folks
    At a recent town hall meeting in Edmond, Oklahoma, local citizens gathered to discuss the possible connection between fracking and increased seismic activity in their area. According to one published report, members of the audience left “disappointed” that no consensus had been reached linking fracking and seismic activity. According to the same report, many in the audience appeared to be “hostile to the oil and gas industry.” Even in this most oil-friendly of states, it seems, there is a rush to judgment linking fracking to every conceivable sort of damage.
  • Study links Oklahoma earthquake swarm with fracking operations

    07/07/2014 1:23:59 PM PDT · by mbarker12474 · 40 replies
    Los Angeles Times Science ^ | 3 July 2014 | Hailey Branson-Potts Los Angeles Times
    Study links Oklahoma earthquake swarm with fracking operations By Hailey Branson-Potts [skip to the last paragraph if you want to skip the nonsense.] Oklahoma ... boom ... recent years: oil and gas production and earthquakes. To many residents, the timing .... Before the oil and gas industry started drilling... rare to feel an earthquake. Today, Oklahoma... second-most seismically active state .... Now ... fresh scientific evidence .... Researchers from Cornell University and the University of Colorado say a large swarm of earthquakes ... caused by ... disposal wells, ... wastewater from drilling operations ... hydraulic fracturing ... deep geological formations.......
  • Germany Shelves Shale-Gas Drilling For Next Seven Years

    07/05/2014 6:26:52 PM PDT · by MinorityRepublican · 25 replies
    The Wall Street Journal ^ | July 4, 2014 | JAN HROMADKO and HARRIET TORRY
    BERLIN—Germany plans to halt shale-gas drilling for the next seven years over concerns that exploration techniques could pollute groundwater. "There won't be [shale-gas] fracking in Germany for the foreseeable future," Environment Minister Barbara Hendricks said Friday. The planned regulations come amid a political standoff with Russia, Germany's main natural gas supplier, and following intensive lobbying from environmentalists and brewers concerned about possible drinking-water contamination. The production of shale gas requires the application of the hydraulic fracturing technology known as fracking, which involves using a high-pressure mixture of water, sand and chemicals to break apart rocks to release the gas. The...
  • Why the Amazing Bakken Growth Story Isn't Over Yet

    07/04/2014 8:47:07 AM PDT · by ckilmer · 15 replies
    fool.com ^ | July 4, 2014 | By Callum Turcan
    Why the Amazing Bakken Growth Story Isn't Over Yet By Callum Turcan | More Articles July 4, 2014 | Comments (0) As many energy investors know, North Dakota's oil production recently surpassed 1 million barrels a day. Does this mean that the growth story is now over and all the best locations have been drilled, or, as downspacing allows oil and gas companies to target the Three-Forks benches just below the Middle Bakken interval, is the growth story still underway? Only time will tell, but Oasis Petroleum (NYSE: OAS  ) is one E&P player trying to shake things up by targeting the deeper...
  • Boris Johnson: Let households own shale gas and oil beneath their land

    07/02/2014 8:51:48 PM PDT · by 2ndDivisionVet · 8 replies
    The London Telegraph ^ | June 30, 2014 | Emily Gosden, Energy Editor
    People will be more likely to support fracking if they have a direct commercial interest in the extraction of shale oil and gas beneath their land, Mayor of London says. British households should be given ownership of the oil and gas beneath their homes so that they have a commercial interest in supporting fracking, Boris Johnson has said. The Mayor of London said that the law should be changed so that “mineral rights” belonged to the landowner, rather than the Crown. Currently, the Government grants licences to companies to explore for and produce oil and gas, while the owners of...
  • The First Crisis Hits Shale Drilling {hyperbole}

    07/02/2014 5:37:06 AM PDT · by thackney · 10 replies
    Real Clear Energy ^ | July 1, 2014 | Dave Forest
    "Crisis" may be a little hyperbolic. But shale production of oil and gas in America suddenly got a lot riskier this week. That's because of a landmark decision from one of the highest state courts in the land. Upholding the right of individual towns to regulate shale drilling, trumping state or federal regulatory regimes. The ruling came down yesterday in New York. Where the State Court of Appeals voted 5-2 to reject challenges to fracking rules imposed on the oil and gas industry by two municipalities in the state: Dryden and Middlefield. The saga started in 2011. When the two...
  • BP: The world has 53.3 years of oil left

    07/02/2014 6:22:50 AM PDT · by ckilmer · 41 replies
    fool ^ | 8:49 AM, July 1, 2014 | | By Matt DiLallo
    Motley Fool: The World Has 53.3 Years of Oil Left By Matt DiLallo | More Articles |  June 22, 2014 |   Photo credit: BP. BP (NYSE: BP  )  has provided an intriguing update to its global oil reserves estimate in the company's latest yearly review of energy statistics. BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there's likely a lot more oil left in the tank beyond what BP sees today. America's energy boom surgesA good portion of the growth in global oil reserves in BP's report comes from the...
  • The Real Significance Behind That Oil Export Hoopla

    06/30/2014 4:50:49 PM PDT · by ckilmer · 25 replies
    forbes ^ | 6/30/2014 @ 7:35PM | Christopher Helman
    There was a lot of hoopla last week over the news that the U.S. Department of Commerce had seemingly loosened rules governing the export of condensate — light weight hydrocarbons recovered from oil and gas wells. The excitement was palpable; shares in in oil refiners sold off. Was this the start of the big policy shift that oil producers have been dreaming of? An end to the 40-year oil export ban?
  • New York cities win right to ban fracking

    06/30/2014 3:10:00 PM PDT · by shove_it · 10 replies
    SeekingAlpha ^ | 30 Jun 2012
    New York’s cities and towns can block fracking within their borders, the state’s highest court rules, upholding the dismissal of lawsuits challenging bans in two small upstate towns.The ruling could lead the oil and gas industry to abandon fracking in New York, or it could mean that a patchwork of rules eventually may govern whether exploration can take place across the state; the case also may invigorate local challenges to the practice in states across the U.S.Parts of New York sit above the Marcellus Shale, some of whose top producers are: CHK, RRC, RDS.A, RDS.B, TLM, APC, ATLS, COG, CVX,...
  • New York top court OKs local gas-drilling bans

    06/30/2014 7:36:58 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Jun 30, 2014 10:20 AM EDT | Michael Hill
    New York’s top court handed a victory to opponents of hydraulic fracturing for natural gas Monday by affirming the right of municipalities to ban the practice within their borders. The state Court of Appeals affirmed a midlevel appeals court ruling from last year that said the state oil and gas law doesn’t trump the authority of local governments to control land use through zoning. […] The court in a 5-2 decision stressed that it did not consider the merits of fracking, but only the “home rule” authority of municipalities to regulate their land use. The court said the towns of...
  • Energy boom fuels economic growth in Midwest states

    06/28/2014 6:28:04 AM PDT · by ckilmer · 3 replies
    miamiherald ^ | Friday, 06.27.14 | Patrick Gillespie
    Energy boom fuels economic growth in Midwest states     The drilling rig floor is slick with grease and oil in Watford City, N.D., Dec. 17, 2013. Jim Gehrz / Minneapolis Star Tribune/MCT By Patrick Gillespie McClatchy Washington Bureau WASHINGTON -- While the national business outlook remains tepid, the energy sector is driving fast economic growth in some states.A drilling boom for oil shale and natural gas has spurred prosperity throughout the middle of the United States. Despite having mostly smaller economies compared with coastal states, these states will continue growing for at least five more years, energy economists project,...
  • Peak Oil’s Revenge

    06/27/2014 1:05:09 PM PDT · by ckilmer · 13 replies
    peakoil.com ^ | June 27, 2014 | Christian DeHaemer
    Peak Oil’s Revenge A slew of events over the past few months have driven the price of oil higher.The ISIS incursion in Iraq has set up the entire Middle East for a multinational civil war. It’s not hard to envision a reign of destruction across the Arab Peninsula to the oil producing regions of Iran.Russia, the world’s largest producer of hydrocarbons, is stirring up nationalism and sending rebel groups into Ukraine.China just sent four jack-up rigs into disputed waters off Vietnam to look for oil.And two days ago, the Obama administration made it legal to export very lightly refined crude...
  • Must-know: Recent activity and growth in the Permian Basin

    06/25/2014 2:07:12 PM PDT · by ckilmer · 17 replies
    marketrealist ^ | Jun 25, 2014 1:00 pm EDT | Avik Chowdhury
    Must-know: Recent activity and growth in the Permian Basin By Avik Chowdhury - Disclosure • Jun 25, 2014 1:00 pm EDT The Permian Basin and U.S. energy independenceAs we’ve seen, the Permian Basin has been one of the primary drivers of domestic oil growth and has been heralded as one of the pillars to move the U.S. closer to energy independence. The following statistics convey a sense of the recent growth and activity in the region.Recent growthThe chart below shows the growth in oil produced from the Permian Basin over the past few years. Production in the region had bottomed...
  • Fracking and Property

    06/23/2014 6:56:57 AM PDT · by rktman · 7 replies
    nationalreview.com ^ | 6/23/2014 | Jillian Kay Melchior
    The Sylvester family has been able to restore their farm only because they are mineral-rights owners. Royalty payments from the energy companies leasing their property have helped cover the expense — already more than $200,000. Without royalties as a source of income, there would have been “no way,” Sylvester says.
  • Shale Boom Will Spread Beyond North America Before 2020: IEA

    06/22/2014 7:19:56 PM PDT · by ckilmer · 22 replies
    ibtimes.com ^ | June 17 2014 8:45 AM | By Justin Scheck and Benoît Faucon
    Shale Boom Will Spread Beyond North America Before 2020: IEA By Meagan Clark on June 17 2014 8:45 AM Here's the EIA's latest assessment of where the world's known technically recoverable shale oil and gas deposits are located. The number of countries on the list has nearly doubled since 2011. U.S. Energy Information Administration Share this article   The North American shale boom that has transformed the oil industry here will spread beyond the continent before the end of the decade, the International Energy Agency (IEA) said Tuesday in its annual five-year oil market report.That’s sooner than IEA previously expected....
  • Fracking foes turn to cities

    06/22/2014 12:32:36 PM PDT · by 2ndDivisionVet · 13 replies
    The Denton Record-Chronicle ^ | June 21, 2014 | Peggy Heinkel-Wolfe
    Anti-fracking forces across the country have tapped into local governments to get them to tap the brakes on fracking, a technological advance that allows energy companies to extract oil and gas from deep rock formations by pressure-pumping them with sand, water and chemicals. Some states allow communities to regulate the energy industry, but some do not, according to Deborah Goldberg, a New York attorney with Earthjustice, a national nonprofit known for using the court system to protect the environment and people’s health. “Local authority varies substantially depending on the state you are in,” Goldberg said in a press briefing Friday....
  • Crude oil potential from Colorado's DJ Basin gets bigger (a lot bigger)

    06/22/2014 12:12:53 PM PDT · by ckilmer · 16 replies
    bizjournals ^ | Cathy Proctor | Cathy Proctor
    Apr 8, 2014, 6:20am MDT Updated: Apr 8, 2014, 7:52am MDT Crude oil potential from Colorado's DJ Basin gets bigger (a lot bigger)   Enlarge Photo Comstock Images via Thinkstock .     Cathy ProctorReporter- Denver Business JournalEmail  |  Facebook  |  Twitter The estimated amount of crude oil and other liquids that could be pumped from Colorado’s booming Denver-Julesburg Basin has grown to more than 4 billion barrels.And that’s just using estimates from the two biggest oil and gas companies — Noble Energy Inc. (NYSE: NBL) and Anadarko Petroleum Corp. (NYSE: APC) — working in the DJ Basin, which...
  • The World Has 53.3 Years of Oil Left

    06/22/2014 10:52:21 AM PDT · by ckilmer · 67 replies
    fool.com ^ | June 22, 2014 | Matt DiLallo
    The World Has 53.3 Years of Oil Left By Matt DiLallo |June 22, 2014 | Photo credit: BP. BP (NYSE: BP  )  has provided an intriguing update to its global oil reserves estimate in the company's latest yearly review of energy statistics. BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there's likely a lot more oil left in the tank beyond what BP sees today. America's energy boom surgesA good portion of the growth in global oil reserves in BP's report comes from the...
  • N.D. oil production tops 1 million-barrels-a-day milestone

    06/21/2014 5:31:59 PM PDT · by ckilmer · 3 replies
    startribune ^ | Updated: June 17, 2014 - 11:08 PM | DAVID SHAFFER ,
    North Dakota has joined the big leagues of crude oil production, surpassing 1 million barrels per day — an output second only to Texas in the U.S. State officials said Tuesday that North Dakota yielded 1,001,149 barrels daily in April from a record 10,658 wells. Jubilant oil industry officials hailed the benchmark as another sign that the United States is freeing itself from the grip of foreign oil.
  • Europe’s Anti-Fracking Activists May Be Way More Sinister Than You’d Think (Russian stooges)

    06/19/2014 5:59:17 PM PDT · by 2ndDivisionVet · 6 replies
    The National Review's The Corner ^ | June 19, 2014 | Patrick Brennan
    As the debate over how to regulate fracking — and whether to permit the process at all — rages in the U.S. and Europe, there are powerful interests that can benefit from blocking its expansion, namely, existing oil and gas producers, such as the Gulf States and Russia. There have been plenty of rumors that the governments of such places have supported anti-fracking activists, but now NATO has more or less officially accused Russian intelligence agencies of supporting anti-fracking NGOs in Europe. The FT reports: Russian intelligence agencies are covertly funding and working with European environmental groups to campaign against...
  • What Core Labs Tells Us About The 'Second Wave' Shale Plays

    06/18/2014 9:30:03 AM PDT · by ckilmer · 13 replies
    seekingalpha ^ | May. 19, 2014 2:26 PM ET | Casey Hoerth
    Sampling and analysis activity picking up in newer shale plays. After a steep drop in stock price, Core's valuation is reasonable once again. Core Laboratories (NYSE: CLB), a mid-cap oil servicer focusing on production enhancement and research optimization, has recently been savaged since giving lower revenue and earnings guidance. Core lowered full-year earnings guidance from $6.00-$6.25 to $5.80-$6.00 per share. Revenue for the second quarter is now estimated to be between $265 and $270 million; a number less than the previous estimate, but still above last year's second quarter results. The analysts estimated revenue to be around $288 million.
  • Why Millenials Embrace Oil, Fracking

    06/16/2014 7:11:05 AM PDT · by Kaslin · 24 replies
    Townhall.com ^ | June 16, 2014 | Katie Kieffer
    There’s hope for the future. My generation of Millennials is embracing entrepreneurial oil jobs to keep America’s lights on. On June 2, the Obama administration proposed new carbon regulations calling for a 30 percent reduction in carbon emissions by 2030. Why 2030? Who knows! It’s an arbitrary date, not a number based on sound science. Coal currently supplies 39 percent of America’s electricity. TIME Magazine reports that Obama’s proposal will promote “fuel switching” from coal to so-called clean forms of energy such as solar. Fuel switching is the politically correct term for putting Americans out of work and the power...
  • Newsbytes: Greens Lose Battle As Germany Prepares To Lift Ban On Fracking

    06/08/2014 10:31:19 AM PDT · by Ernest_at_the_Beach · 5 replies
    Wattsupwiththat.com ^ | June 5, 2014 | by Anthony Watts
    From the GWPF: How Fracking Helps America Beat German Industry Germany is set to lift its ban on fracking as early as next year, after caving in to business demands that it should reduce its dependency on Russian energy and boost competitiveness with US manufacturers. Fracking has been the subject of a fierce debate in Germany’s ruling coalition, with some politicians keen to reduce reliance on Russian energy imports, while others fear the impact of fracking chemicals on a densely populated country.–Jeevan Vasagar, Financial Times, 5 June 20141) Greens Lose Battle As Germany Prepares To Lift Ban On Fracking –...
  • North Carolina says “Yes!” to fracking [While New York studies the issue to death]

    06/06/2014 1:05:32 PM PDT · by SeekAndFind · 3 replies
    Hotair ^ | 06/06/2014 | Erika Johnsen
    Thanks to the political obfuscation of Gov. Andrew Cuomo, the state of New York is still stubbornly refusing to get on board with the shale oil-and-gas revolution despite its prime positioning on top of the Marcellus/Utica shale formations it shares with Pennsylvania, West Virginia, and Ohio. Too bad for New York, ’cause the state is missing out on a piece of the job- and wealth-creating action that has helped to keep our otherwise meandering economy afloat because of a few radically overblown but completely manageable environmental(ist) concerns. Other states, like North Carolina, are quickly getting over their erstwhile reluctance:...
  • Official on key EPA fracking advisory board has suspect degree

    06/05/2014 1:27:39 AM PDT · by afraidfortherepublic · 13 replies
    The Washington Times ^ | 6-3-14 | Jim McElhatton
    An official on the Environmental Protection Agency’s hydraulic fracturing scientific advisory board got a doctorate degree from an unaccredited, shuttered online correspondence school that congressional auditors targeted a decade ago in an investigation into diploma mills. The advisory board member is listed as Dr. Connie Schreppel in EPA records, which highlight her doctorate from Kennedy Western University and a master’s from Greenwich University. Both schools are unaccredited or unapproved in several states, including Texas, where it’s a misdemeanor crime to cite a degree from either school in seeking a job or a promotion. EPA officials declined to comment on Ms....
  • False Fears About Fracking

    06/04/2014 8:46:24 AM PDT · by MichCapCon · 4 replies
    Capitol Confidential ^ | 6/1/2014 | Jarrett Skorup
    Bridge Magazine, a publication of The Center for Michigan, had a recent series of articles on hydraulic fracturing ("fracking"), and while the author provides some value, including good interviews with residents and a look at the externalities of drilling, the pieces make some errors — one in particular is egregious enough that it should be corrected. The author cites the anti-fracking film, "Gasland," and references an infamous scene in the movie where a man is shown lighting methane coming out of his faucet on fire. This has become a defining scene for the anti-gas left. In the piece, author Jacob...
  • Fracking Isn’t the Only Drilling Technique Driving Rapid Growth in U.S. Oil Production

    06/01/2014 3:49:02 PM PDT · by ckilmer · 28 replies
    fool.com ^ | June 1, 2014 | Arjun Sreekumar
    Fracking Isn’t the Only Drilling Technique Driving Rapid Growth in U.S. Oil Production By Arjun Sreekumar | More Articles | Save For Later June 1, 2014 | Comments (0) As the U.S. energy boom has taken off over the past several years, the term "fracking" has become a household name. But fracking, which involves pumping massive quantities of water, proppant, and other chemicals into a wellbore to unlock trapped hydrocarbons, isn't the only drilling technique responsible for the surge in U.S. oil and gas production.Horizontal drilling, which allows operators to reach hydrocarbon formations that cannot be accessed via vertical drilling,...
  • "About 30% of the films in Hollywood are funded through the Middle East" -Josh Tickell

    05/31/2014 5:37:25 PM PDT · by wtd · 6 replies
    SunNews' Brian Lilley follows up with Josh Tickell, filmmaker. The ultimate highlight is at 03:49 as it is revealed directly from the horses mouth: "The truth is that about 30% of the films in Hollywood are funded through the Middle East"video link via VladTepesBlog
  • James O’Keefe Punks Hollywood Greens

    05/22/2014 5:53:58 AM PDT · by Lakeshark · 20 replies
    Powerline ^ | 5/21/2014 | John Hinderaker
    But the content is eye-opening. O’Keefe’s crew pose as a Middle Eastern potentate named “Muhammad” and his American ad executive. They approach the Tickells with an offer of $9 million to finance an anti-fracking film. “Muhammad’s” motives are clearly expressed: he wants to keep the U.S. dependent on Middle Eastern oil, and to that end he wants to stamp out fracking. The Tickells have no problem with this at all. They discuss the need to keep the film’s source of funding secret, and talk about how they can create a false impression as to who paid for it. You hear...
  • Big STEM Inaccuracy

    05/29/2014 6:46:01 AM PDT · by Academiadotorg · 27 replies
    Accuracy in Academia ^ | May 28, 2014 | Malcolm A. Kline
    Throughout America, debates about what to do about the shortage of science, technology, engineering and math graduates have been going on for at least a decade from the halls of Congress to most university campuses. It apparently never occurred to any of the thought leaders who participated in them that they might be mistaken. “The country has twice as many people with STEM degrees as there are STEM jobs,” Steven A. Camarota, director of research at the Center for Immigration Studies (CIS), said at the National Press Club on Tuesday, May 20, 2014. With Karen Zieigler, Camarota co-authored a study...
  • Hollywood Hypocrites Cry Foul

    05/26/2014 12:04:30 PM PDT · by John Semmens · 6 replies
    Semi-News/Semi-Satire ^ | 23 May 2014 | John Semmens
    James O’Keefe’s latest video sting operation exposed Hollywood liberals willing to accept covert funding from Arab oil producers in order to make an anti-fracking movie. Now the unmasked hypocrites are demanding that the Government do something to punish him. “The publicity that has followed from the airing of O’Keefe’s secret taping of negotiations we thought would remain private has done serious damage to our reputations,” conspirator Ed Begley lamented. “Instead of being perceived as environmentally conscious citizens we are now looked upon as paid shills for foreign oil interests.” Begley contended that “since we were only acting to help advance...
  • China's Energy Treasure Trove May Just Be Fool's Gold After All

    05/25/2014 6:37:17 PM PDT · by ckilmer · 27 replies
    fool ^ | May 25, 2014 | Tyler Crowe
    China's Energy Treasure Trove May Just Be Fool's Gold After All By Tyler Crowe | More Articles | Save For Later May 25, 2014 | Comments (0) What is more disappointing? Finding out that you missed out on something from the get go, or getting good news and only later finding out that it wasn't what you expected? Personally, I think the latter is harder to stomach, and that is why PetroChina (NYSE: PTR  ) and Sinopec (NYSE: SNP  ) probably aren't taking the recent news about China's shale gas reserves too well. Let's take a look at how what were once...
  • Young People Ditching California Tech Scene to Become Texas Oilmen

    05/24/2014 1:42:03 AM PDT · by 2ndDivisionVet · 25 replies
    Breitbart's Texas ^ | May 22, 2014 | Kristin Tate
    Silicon Valley is being snubbed for Texas by millenials around the world, who are enticed by the Lone Star State's plentiful, lucrative opportunities. Texas' booming gas and oil industry provides young transplants with the chance to find success as oil barons, businessmen, investors, engineers, and landmen. 27-year-old Mark Hiduke, a young Texas oilman, told Bloomberg News that the gas and oil boom has "created a lot of opportunity for young professionals to jump in and be given enormous responsibility. It’s pretty much tech and then energy." Hiduke reportedly raised $100 million to build his company, PetroCore LLC, which is a...
  • Targets of O'Keefe sting, Hollywood big shots ask FBI to investigate

    05/22/2014 7:30:34 AM PDT · by SeekAndFind · 45 replies
    American Thinker ^ | 05/22 | Paul Bond
    A video created by conservative media guerilla James O'Keefe, that showed Hollywood big shots willing to receive funding from Arabs to make an anti-Fracking movie while hiding the source of the funds, has engendered a "tremendous amount of fallout" according to actor Ed Begley, one of the targets in the film.Now others who were outed as hypocrites want the FBI to investigate whether O'Keefe broke any laws when making the film. Hollywood Reporter: Filmmakers who were targets of an undercover sting operation by James O'Keefe have filed a criminal complaint with police and have asked the FBI to determine whether federal...
  • FLASH➙ Good Morning America Kills James O’Keefe Segment on Hollywood Sting

    05/21/2014 1:24:01 PM PDT · by servo1969 · 18 replies
    Progressives Today ^ | 5-21-2014 | Jim Hoft
    Progressives Today has learned, and confirmed from sources very close to the story, that Good Morning America was planning a segment on James Okeefes latest sting video ……… And that Good Morning America killed the story. Their lawyers stepped in and killed it. Progressives Today spoke with GMA producers today who declined to comment on the story. News broke yesterday on the Hollywood Reporter website of Okeefe’s latest project, a sting operation designed to expose the corrupt and collaborative world of A-list Hollywood stars, producers, and Progressive NGO’s and non-profits like MoveOn.org that effectively make up a Hollywood environmental lobby....
  • Anti-Fracking Movie Producers Recorded Agreeing to Accept Middle Eastern Oil Funding

    05/21/2014 10:04:24 AM PDT · by PJ-Comix · 24 replies
    Newsbusters ^ | May 21, 2014 | P.J. Gladnick
    "We're confident that we can keep this zip-locked. You know, tight. Tight. Air-tight forever. If we don't protect who is kind of funding this thing … if we have to disclose that or that becomes a necessary part of it, the whole enterprise will not work." Don't worry Mr. Anti-Fracking movie producer. Your hypocrisy in accepting Middle Eastern oil money for your project with the understanding that those funding it don't want America to become oil independent will remain a secret forever...until Project Veritas posts a video of you making your nefarious deal on YouTube for millions to see. Jame's...
  • O’Keefe Strikes AGAIN! Hollywood Progressives Duped in Anti-Fracking Sting Operation (Video)

    05/21/2014 7:36:58 AM PDT · by servo1969 · 19 replies
    The Gateway Pundit ^ | 5-20-2014 | Jim Hoft
    The conservative journalist duped progressives Ed Begley Jr. and Mariel Hemmingway to get involved in an anti-fracking film that was funded by Middle Eastern oil interests. O’Keefe will unveil the movie at the Cannes Film Festival on Wednesday! Via The Hollywood Reporter: James O’Keefe says he duped Ed Begley Jr. and Mariel Hemmingway into agreeing to get involved with an anti-fracking movie while hiding that its funding comes from Middle Eastern oil interests. Journalist James O’Keefe, known for his controversial undercover sting operations aimed usually at liberals — is set to unveil at the Cannes Film Festival on Wednesday the...
  • Hollywood biggies caught on tape agreeing to hide Middle East funding for anti-fracking film

    05/21/2014 7:01:12 AM PDT · by SeekAndFind · 12 replies
    American Thinker ^ | 05/21/2014 | Thomas Lifson
    James O’Keefe of Project Veritas has struck gold with his latest sting operation (video below) . The Hollywood Reporter explains how the guerilla warrior is publicizing his latest achievement in unmasking the left. Journalist James O'Keefe, known for his controversial undercover sting operations aimed usually at liberals -- is set to unveil at the Cannes Film Festival on Wednesday the first of a group of videos that he says will reveal hypocrisy among Hollywood environmentalists. In the video, obtained exclusively by The Hollywood Reporter and embedded below, actors Ed Begley Jr. and Mariel Hemingway are duped by a man named "Muhammad," who is looking to make...
  • Hollywood celebrities caught on hidden camera accepting money from "Middle Eastern oil interests"

    05/21/2014 5:57:57 AM PDT · by Beave Meister · 36 replies
    YouTube ^ | 5/20/2014
    CANNES -- In a blockbuster new video, Project Veritas has exposed the truth about the dark funding behind Hollywood's anti-fracking messaging machine. New York Times Bestselling Author and Project Veritas founder and president James O'Keefe debuted the latest investigation at a "premiere" in Cannes, France on Wednesday. In the investigation, an undercover journalist from Project Veritas posed as a member of a Middle Eastern oil dynasty and offered $9 million in funding to American filmmakers to fund an anti-fracking movie. In video from a meeting with Ed Begley Jr., Mariel Hemingway and Josh Tickell, a Project Veritas investigator disguised as...
  • ‘Not one drop of poisoned water’ (Refutes environmentalist claims about fracking)

    05/18/2014 8:32:48 PM PDT · by 2ndDivisionVet · 11 replies
    The National Post ^ | May 12, 2014 | Ezra Levant
    All the anti-fracking hype is designed to make you believe that the U.S. government has been asleep at the switch when it comes to monitoring environmental safety. The activists want you to believe that a film director named Josh Fox can grab a video camera and, within a few months of driving around the country, easily expose a catalogue of hazards that all the experienced and educated scientists at the U.S. Environmental Protection Agency (EPA), not to mention all the state regulators, missed. Fox even implies that U.S. President Barack Obama has been naively misled on the issue by the...
  • U.S. Tight Oil Reserves From Bust to Boom... to Bust Again?

    05/17/2014 1:22:08 PM PDT · by ckilmer · 3 replies
    energyandcapital ^ | Tuesday, May 13th, 2014 | Keith Kohl
    U.S. Tight Oil Reserves From Bust to Boom... to Bust Again?   By Keith KohlTuesday, May 13th, 2014Nowhere else in the world are people more used to the boom and bust of the oil industry than in Texas.I think it's safe to say that nearly all of us have heard of the historic gushers in the state's history — and the famous Lucas Gusher at Spindletop is arguably the most famous of them.That single exploratory well in Beaumont started it all for the Lone Star State.And while the image of 100,000 barrels of oil exploding out of the top of one...
  • Polis Puts Udall, Dems in Bind with Anti-Fracking Initiatives ( Colorado )

    05/17/2014 5:56:52 AM PDT · by george76 · 6 replies
    Colorado Observer. ^ | May 16, 2014 | Valerie Richardson
    Rep. Jared Polis’s decision to sponsor a barrelful of anti-fracking initiatives is threatening to make a tough election year even rougher for Colorado Democrats, starting with Sen. Mark Udall. Democratic Gov. John Hickenlooper is attempting to broker a deal that would persuade Polis to pull his proposed anti-fracking initiatives, but if the governor can’t get it done, every Democratic candidate will face pressure to take a stand this year on an issue that has badly divided the state party. That starts with the Democrat Udall, who’s already under fire for refusing to stake out a position on whether to construct...
  • Natural Gas Boom Is Attracting Manufacturing To The US From Overseas

    05/10/2014 8:14:22 AM PDT · by ckilmer · 27 replies
    ibtimes.com ^ | May 09 2014 3:49 PM | Meagan Clark
    Natural Gas Boom Is Attracting Manufacturing To The US From Overseas To Take Advantage Of Cheaper Fuel, Feedstock By Meagan Clark on May 09 2014 3:49 PM   Siemens Chief Executive Joe Kaeser speaks during a news conference in Berlin, on Ma
  • America is headed for an economic golden age — and that should terrify us

    05/07/2014 10:38:03 PM PDT · by 2ndDivisionVet · 40 replies
    The Week ^ | February 6, 2014 | Pascal-Emmanuel Gobry
    The economy has been underperforming for over five years now. It's easy to worry that this unsettling trend might go on forever. Well, don't worry. Because shale gas will probably change everything. Last year, the U.S. bested Russia to become the world's biggest exporter of natural gas, thanks largely to shale gas. President Obama celebrated the moment by saying that the United States is the "Saudi Arabia of natural gas." It later turned out that the United States is also the Saudi Arabia of...oil, with its oil production scheduled to overtake Saudi Arabia's by 2015. That's next year. It's unclear...
  • Blackmon: Eagle Ford likely to last longer than past booms

    05/07/2014 4:13:25 PM PDT · by ckilmer · 12 replies
    chron.com ^ | May 6, 2014 10:11pm | By David Blackmon
    People often ask how long we should expect the current boom in shale oil and natural gas that is happening in Texas and throughout much of the United States to last. The correct answer today will be some variation on the theme: "A very long time."