Keyword: gas

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  • Western counties join in opposition to BLM’s land-use plan [ Colorado ]

    12/07/2016 9:02:09 AM PST · by george76 · 6 replies
    Grand Junction Media ^ | December 6, 2016 | Gary Harmon
    County officials in western Colorado have regularly lambasted Planning 2.0 and this week, Garfield County joined in with five other counties in the western United States considering suing to halt the rule, which they have criticized as a central-planning measure. The BLM this month announced that the rule was final and on Monday, Garfield County agreed to spend as much as $40,000 with the Texas-based property-rights organization, the American Stewards of Liberty, to halt it. While Garfield County is taking an active role, Mesa County officials are looking to Congress and a Republican administration under President-elect Donald Trump to deal...
  • A Thanksgiving Tale: 50 Million Turkeys And A 5 Billion Mile Drive

    11/24/2016 3:41:43 PM PST · by bananaman22 · 2 replies
    Oilprice.com ^ | 24-11-2016 | Mike
    This week almost 50 million Americans will take planes, trains, automobiles (and even boats) to travel miles from home for Thanksgiving festivities according to AAA. The auto club sees more than a million extra travelers leaving home this year between now and the end of the month. Thanksgiving is traditionally of as a time for turkey and dinner with family, but given these statistics perhaps it ought to be thought of as a time for travel. After all, the first Thanksgiving was really about travel as well with Europeans having just finished the perilous journey across thousands of miles of...
  • South Texas to get America’s largest new refinery since ‘77

    11/23/2016 2:25:53 AM PST · by Dacula · 34 replies
    A Houston company is looking to pump $500 million into South Texas to create the largest new refinery in the U.S. in nearly 40 years. The facility — located in the southwest corner of Duval County off of Texas Highway 359 — will be able to process up to 50,000 barrels of Eagle Ford shale light crude oil a day, and will have up to 4 million barrels of available storage, the company said in a news release. Raven Petroleum says it will produce diesel, jet fuel, naphtha, gasoline, and liquified petroleum gas products to be exported via rail and...
  • Why Mexico’s Oil Reform Is A Huge Opportunity For Investors

    11/22/2016 8:19:41 AM PST · by bananaman22 · 17 replies
    Oilprice.com ^ | 22-11-2016 | Happy Taco
    When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering. Welcome to the ‘new’ Mexico, and welcome to the early stages of an oil and gas game that will be bigger—from an investor’s perspective—than anything in history. Mexico’s move to implement historic energy reform legislation in December 2013, and follow-up legislation in 2014 that further solidified the comprehensive de-nationalization, provides an unprecedented opportunity for oil companies looking to tap into Mexico’s huge energy potential.
  • President Trump: This Is How To Bring Back 1 Million Energy Jobs

    11/11/2016 8:09:39 AM PST · by bananaman22 · 11 replies
    Oilprice.com ^ | 11-11-2016 | Dan
    Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy position that I am truly hoping you will adopt as your own. I’m talking about natural gas as a transportation fuel: cheap, clean, abundant natural gas. And I’m talking about U.S. energy independence, balanced budgets, jobs, trade and the environment. We use natural gas for power generation and as a heating fuel but that’s an old story for a new reality. Fracking has unlocked a phenomenal amount of gas in...
  • Warming Russia-Turkey relations send a chill through Ukraine

    10/12/2016 1:33:53 AM PDT · by Brad from Tennessee · 99 replies
    Christian Science Monitor ^ | October 11, 2016 | By Fred Weir
    Moscow — Leaders of Turkey and Russia signed a long-delayed deal Monday to build the TurkStream gas pipeline under the Black Sea to deliver Russian gas to Europe's doorstep within three years. The rapid warming trend in Russo-Turkish relations holds deep implications for Syria's immediate crisis, which dominated the talks and the subsequent headlines, but the fallout from that pipeline deal is a potentially crushing blow to struggling pro-Western Ukraine and may be rearranging strategic realities around the region for many years to come. Analysts say that if TurkStream goes ahead it will enable Moscow to cut its former main...
  • Did US Ally Qatar Free Imprisoned Americans in Exchange for Al Qaeda Terrorist?

    01/29/2015 8:05:19 AM PST · by SeekAndFind · 18 replies
    FrontPage Mag ^ | 01/29/2015 | Daniel Greenfield
    Problematic, in a very big way even if the offer was made.Qatar’s ties to Al Qaeda and ISIS aren’t news. They’ve effectively served as intermediaries in everything from ransom exchanges for hostages to Taliban negotiations. But actually trying to secure terrorist swaps for prisoners on their own behalf would have been a new frontier. Before he was released from a U.S. maximum-security prison last week, a confessed al Qaeda sleeper agent was offered up in a potential prisoner swap that would have freed two Americans held abroad.According to two individuals with direct knowledge of the case, the proposition was...
  • Can Donald Trump Really Save U.S. Coal?

    09/27/2016 2:12:33 PM PDT · by bananaman22 · 20 replies
    Oilprice.com ^ | 27-09-2016 | Bill Leonard
    On September 22, Donald Trump reaffirmed his intent to revive the American coal industry--without many details on how to do it. What influences the price and demand for coal? Can Donald Trump influence the forces behind these market drivers? We nominate these four factors as the most important drivers of coal prices: production and demand for steel, because the coal industry sells and exports metallurgical coal used in steel production; demand for electricity, insofar as much electricity is still generated from coal; Chinese government interference in the steel and metallurgical coal markets, because China is the world's largest steel producer...
  • BLM office in Junction to see change ( Colorado UN Agenda 21 )

    09/26/2016 8:29:32 AM PDT · by george76 · 6 replies
    Grand Junction Media ^ | September 24, 2016 | Dennis Webb
    Grand Junction will no longer be home to a district Bureau of Land Management office after the agency’s Grand Junction Field Office gets transferred from the northwest Colorado district to the southwest district under a reorganization. ... Mesa County Commissioner John Justman is uncomfortable with the Grand Junction Field Office no longer being part of the Northwest District, despite Mesa County’s close economic ties to the oil and gas development that takes place in northwest Colorado. Many area oil and gas jobs are based in Mesa County. “Financially the county is much more attached to the Northwest District than the...
  • The EPA’s “Power Plan” Is An Unlawful Power Grab

    09/23/2016 6:30:37 PM PDT · by george76 · 18 replies
    The Daily Caller ^ | 09/23/2016 | Marlo Lewis
    The D.C. Circuit Court of Appeals will hear oral argument next Tuesday, September 27 on the Environmental Protection Agency’s so-called Clean Power Plan. The centerpiece of resident Obama’s climate policy agenda, the Plan establishes first-ever carbon dioxide (CO2) emission standards for “existing” (already built) coal and natural gas power plants. The Plan will increase consumer energy prices and impede job and GDP growth yet have no discernible effect on global temperatures or sea levels. However, that’s not why the Court should strike it down. The Court should overturn the Plan because it is an unlawful power grab. The Plan will...
  • Pipeline Expected To Restart After Leak Triggered Surging Gas Prices In South (Alabama)

    09/20/2016 3:48:30 PM PDT · by blam · 17 replies
    September 20, 2016 Associated Press A main gas line is expected to restart Wednesday with a temporary bypass after a leak and spill in Alabama led to surging fuel prices and some gas shortages across the South, a company official said Tuesday. The roughly 500-foot section of pipe that will serve as the bypass is now complete, and the company expects that will allow it to restart the main gasoline line, Colonial Pipeline spokesman Steve Baker told The Associated Press. "Tomorrow's restart of the main gasoline line is a key milestone," Baker said. "However, it will take a few days...
  • Proving 'Em Wrong: How The U.S. Oil And Gas Industry Survived

    08/31/2016 11:02:34 AM PDT · by bananaman22 · 3 replies
    Oilprice.com ^ | 31-08-2016 | Stuart
    The Saudis counted them out. So did the Russians, even many domestic analysts said North American shale and tight oil and gas production would decline in the face of low prices and that investment would dry up and output would fall. Well, guess what? They have all been proven wrong. Sure, rig counts have dropped and there have been painful layoffs of workers, but the industry is surviving and against all the “experts” advice, production of natural gas from the Marcellus and Utica shales of the U.S. Northeast is averaging 22.63 billion cubic feet per day in August,
  • U.S. Gasoline Prices Surprisingly Rise In Late-Summer Week

    08/23/2016 2:25:04 PM PDT · by bananaman22 · 7 replies
    Oilprice.com ^ | 23-08-2016 | Paraskova
    In one of the rare recent increases for a late-summer week, U.S. retail gasoline prices unexpectedly rose in the week to August 22, by US$0.044 to US$ 2.193 per gallon, according to data by the U.S. Energy Information Administration (EIA). Gasoline prices have dropped during this particular week in eight of the past ten years, and last week saw the biggest increase for this week since a US$0.062 rise in 2005. In the previous two August weeks, U.S. average gasoline prices had stood at US$2.150 in the week to August 8 and at US$2.149 in the week to August 15....
  • Many People Think What Few Dare To Say

    08/20/2016 8:13:45 AM PDT · by Sean_Anthony · 12 replies
    Canada Free Press ^ | 08/20/16 | Dr. Klaus Kaiser
    With the world swamped by cheap natural gas, crude oil, and coal (with the mines in western countries are being relegated to heritage status), who, really needs expensive and intermittent electricity from the wind and sun? From climate doomsters to media politicos, the world is being bombarded with mis-constructs, unfounded claims and outright lies. Some listeners and readers may fall for such deceits but many others are thinking to themselves and quietly walking away. Time and again, I have experienced that phenomenon after giving a talk to (mostly) retired professionals from a variety of disciplines. They approach me in private...
  • Charcoal: The New Detoxing Miracle to End Belly Bloat??

    08/19/2016 9:40:38 AM PDT · by Berlin_Freeper · 100 replies
    yahoo health ^ | December 16, 2014 | yahoo health
    ... Activated charcoal has been used for years in the ER to absorb toxins after inadvertent exposure to chemicals and to absorb medications after accidental overdoses. The multipurpose treatment has also been prescribed for digestive conditions, especially those that cause gas and bloating. In addition, claims suggest the ingredient may help whiten teeth, improve complexion, lower cholesterol, prevent hangovers and boost energy.
  • BLM releases draft Gunnison sage-grouse plan ( Colorado, Utah ..)

    08/12/2016 8:46:04 AM PDT · by george76 · 22 replies
    Grand Junction Media ^ | August 11, 2016 | Dennis Webb
    The BLM released its draft environmental impact statement Thursday. It is proposing amending up to 11 resource management plans in the two states. In 2014, the U.S. Fish and Wildlife Service determined the Gunnison sage-grouse requires listing as a threatened species under the Endangered Species Act. ... about 5,000 breeding Gunnison sage-grouse live in the two states. Some 4,000 live in the Gunnison Basin, and the others in six satellite populations in Colorado and a seventh in Utah. ... Fish and Wildlife pointed to the low numbers of birds in the other populations and their range of habitat threats as...
  • Turkey to transit Russian natural gas to Europe via Turkish Stream pipeline - Erdogan

    08/09/2016 9:14:11 PM PDT · by amorphous · 44 replies
    Russia Today ^ | 9 August 2016
    Turkish President Recep Tayyip Erdogan says the Turkish Stream pipeline is going ahead and will be implemented swiftly. The announcement came after Tuesday's meeting with Russian President Vladimir Putin in St. Petersburg. The Turkish Stream project was parked late last year due to the dispute between Moscow and Ankara after Turkey shot down a Russian warplane in Syria. However, with a thaw in relations the project is expected to be given another life. The pipeline was announced by President Putin in December 2014 during a visit to Turkey. The project was to replace the abandoned South Stream pipeline through Bulgaria....
  • Crooks Using Bluetooth To Steal At Gas Pumps « CBS Dallas / Fort Worth

    08/05/2016 8:49:55 AM PDT · by MarchonDC09122009 · 12 replies
    CBS Dallas Fort Worth ^ | 08/04/2016 | Jeff Paul
    Crooks Using Bluetooth To Steal At Gas Pumps « CBS Dallas / Fort Worth http://dfw.cbslocal.com/2016/08/04/crooks-using-bluetooth-to-steal-at-gas-pumps/ DALLAS (CBS11) -Pump prowlers in Dallas are stepping up their game, stealing bank information in some cases instantaneously with a new device police are calling “scary.” Dallas Police recently discovered five different skimming devices that utilize Bluetooth technology. Bluetooth skimmer (Jeff Paul - CBS11) Bluetooth skimmer (Jeff Paul – CBS11) “I think that’s terrible,” said Tracy Schlossstein, a driver who uses one of the impacted gas station. Investigators said they found the devices buried inside the outside, credit card kiosks at four different ExxonMobil gas...
  • Wholesale California gasoline prices plunge, consumers still pay up

    07/29/2016 8:52:37 AM PDT · by Lorianne · 74 replies
    Reuters ^ | 29 July 2016 | Liz Hampton, Jessica Resnick-Ault
    Wholesale gasoline in California became the cheapest in the country this week, but that change has largely gone unseen at the pump, where consumers are still paying the highest prices in the continental United States to fill up their cars. Ample inventories along with relatively stable refinery operations and imports has driven down the spot value of gasoline in Los Angeles at the wholesale level by more than 60 cents since mid-June. However, that has not translated to similarly lower retail fuel prices for consumers because of peculiarities in California's market. The declines in the state's retail gasoline market over...
  • Regulators Vow Revenge Against States for Opposing Federal Land Grab

    07/24/2016 3:54:51 PM PDT · by Tolerance Sucks Rocks · 31 replies
    Freedomworks ^ | July 20, 2016 | Kenny Stein
    On Tuesday, the Fish and Wildlife Service (FWS) formally announced the removal of the lesser prairie chicken from the endangered species protection list. They did not take this step voluntarily; FWS lost a court case last year which ordered the agency to remove the bird from the list. However, even as they complied with the court’s order, the FWS issued a threat that the agency’s land grab under the guise of conservation was not over. In the words of Director Dan Ashe, “Responding to this court ruling by removing the bird from the Federal List does not mean we are...
  • Has anyone heard of Mukti Petroleum Inc.? Who owns it?

    07/17/2016 10:40:09 AM PDT · by EinNYC · 45 replies
    Local gas station sign | July 17, 2016 | Me, Myself, & I
    A local Citgo gas station recently changed into a "Mukti" gas station. I tried to do some research on Google to find out who Mukti is, but could not find out who really is behind that company. I suspect it is some Muzzie enterprise, and therefore I wouldn't touch it with a 10 ft. pole. Does any FReeper know anything about this company? Apparently it's quite local for the time being, hasn't gone national or even regional.
  • High Qaeda Aide Retracted Claim of Link With Iraq

    07/30/2004 7:31:33 PM PDT · by neverdem · 53 replies · 3,261+ views
    NY Times ^ | July 31, 2004 | DOUGLAS JEHL
    PREWAR INTELLIGENCE WASHINGTON, July 30 - A senior leader of Al Qaeda who was captured in Pakistan several months after the Sept. 11 terrorist attacks was the main source for intelligence, since discredited, that Iraq had provided training in chemical and biological weapons to members of the organization, according to American intelligence officials. Intelligence officials say the detainee, Ibn al-Shaykh al-Libi, a member of Osama bin Laden's inner circle, recanted the claims sometime last year, but not before they had become the basis of statements by President Bush, Vice President Dick Cheney, Secretary of State Colin L. Powell and others...
  • Al-Qaeda chief commits suicide in Libyan prison, report says

    05/11/2009 11:54:49 PM PDT · by bruinbirdman · 33 replies · 1,102+ views
    The Telegraph ^ | 5/11/2009 | Duncan Gardham
    Ibn al-Sheikh al-Libi, whose real name was Ali Mohammed al-Fakheri, 46, took his own life in his prison cell, according to the Libyan newspaper Oea. Information gained from the interrogation of al-Libi was cited on several occasions by the Bush administration as justification for the war in Iraq. He told his CIA interrogators that al-Qaeda had sent two men to Iraq to seek training in chemical and biological weapons in December 2000. Classified documents added that the men did not return, so al-Libi did not know whether the training took place, and that, in any case, he was probably "intentionally...
  • April 16, 2012 Vilnius, Lithuania : $7 Gasoline. Thanks Ben.

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

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

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

    06/12/2016 3:55:48 PM PDT · by Tolerance Sucks Rocks · 12 replies
    The Washington Times ^ | June 5, 2016 | Stephen Moore
    Like a crazed serial killer, the liberal green groups are celebrating their “victory” of putting America’s major coal producers out of business — to say nothing of the tens of thousands of miners placed in unemployment lines. Several thousand more mining jobs were lost last month. Now to get their next homicidal high, the leftists have turned their ambitions on the oil and natural gas industries. Here is how the Sierra Club spokeswoman, Lena Moffit, explains the grand, green vision: “We have moved to a very clear and firm and vehement position of opposing gas. We oppose any new gas-fired...
  • Pipeline would pass near mine fire

    06/03/2016 7:01:39 AM PDT · by Buttons12 · 9 replies
    News-Item ^ | 6/2/16 | Larry Deklinski
    COAL RUN — A section of a proposed natural gas pipeline is scheduled to go through an area of Coal Township known for having abandoned mine workings and a underground mine fire...
  • On Track for a Golden Age of Gas?

    06/01/2016 12:48:10 AM PDT · by 2ndDivisionVet · 1 replies
    Energy Collective ^ | May 31, 2016 | Geoffrey Styles
    Five years ago the International Energy Agency (IEA) issued a report entitled, “Are We Entering a Golden Age of Gas?” Gas development was booming, from both conventional resources and US shale deposits, and gas was widely seen as a vital tool for reducing greenhouse gas emissions. Much has happened since then, including a collapse in global oil prices, the signing of a new climate agreement in Paris, and a broadening of the anti-fossil-fuel focus of climate activists. If we’re still on the path to a golden age of gas, the ride will be bumpy. This is probably most evident across...
  • Venezuela is running out .. everything. Food, medicine, electricity, toilet paper, condoms

    05/31/2016 4:10:48 PM PDT · by george76 · 69 replies
    CNN ^ | May 31, 2016 | Osmary Hernandez
    Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms -- you name it. ( Full title ). And over the weekend at least two large international airlines -- Lufthansa and LATAM -- said they will suspend service to Venezuela in the coming months due to the economic crisis. The widespread scarcities and fleeing businesses reflect a country in crisis. "There's a shortage of everything at some level," says Ricardo Cusanno, vice president of Venezuela's Chamber of Commerce. Cusanno says 85% of companies in Venezuela have halted production to some extent. Venezuela's economy is spiraling into...
  • Gas Prices To Remain Low This Summer

    05/31/2016 3:47:11 PM PDT · by bananaman22 · 18 replies
    Oilprice.com ^ | 31-05-2016 | Geiger
    It’s easy for U.S. drivers to forget the high gas prices in recent years after the ultra-lows seen only months ago, but prices going into the summer months of 2016 are still well below what they were this time last year, and the lowest price heading into the summer months since 2009. Despite a recent uptick in the price per barrel of oil—up $20 since the last week of January 2016—U.S. drivers will still enjoy the low gas prices this summer. The spot price for WTI crude oil is still significantly lower than this time last year, trading today at...
  • 3,000 French Gas Stations Out of Fuel

    05/27/2016 8:44:54 AM PDT · by Lorianne · 25 replies
    NACS ^ | 26 May 2016
    An oil strike has forced around a fourth of the country’s stations to close because of lack of gasoline. ___ Some 3,000 gasoline stations in France—around a fourth of the country’s stations—have had to close because an oil strike has shut off their fuel supply, Telesur reports. For the first time in more than five years, France is dipping into its strategic oil reserves, while unions block refineries. Those stations lucky enough to have fuel are under government orders to restrict the sale of diesel or gasoline to around $30 per customer. Unions are picketing French refineries in protest against...
  • French Strikes, Riots Shut Down 850 Gas Stations, Block Refineries

    05/25/2016 2:05:39 PM PDT · by Lorianne · 6 replies
    Oil Price ^ | 23 May 2016 | Charles Kennedy
    Some 850 petrol stations in France have been forced to close down and nearly a thousand more face shortages as union protests block oil refineries over controversial labor reforms, clashing with riot police in some locations across the country. Unions blocked deliveries from five out of eight refineries in France to protest against labor laws passed earlier this month. The labor laws make it easier for employers to hire and fire staff and reduce overtime compensation. Workers consider the bill unfavorable to are demanding that it be withdrawn. They also argue that the laws were pushed through without a public...
  • Trump taps climate change skeptic, fracking advocate as key energy advisor

    05/13/2016 10:51:57 AM PDT · by maggief · 94 replies
    Reuters ^ | May 13, 2016 | VALERIE VOLCOVICI
    Republican presidential contender Donald Trump has asked one of America's most ardent drilling advocates and climate change skeptics to help him draft his energy policy. U.S. Republican Congressman Kevin Cramer of North Dakota - a major oil drilling state - is writing a white paper on energy policy for the New York billionaire, Cramer and sources familiar with the matter told Reuters. Cramer was also among a group of Trump advisers who recently met with lawmakers from western energy states, who hope Trump will open more federal land for drilling, a lawmaker who took part in the meeting said. Cramer...
  • Energy industry sues over grouse plans ( Colorado )

    05/13/2016 7:12:39 AM PDT · by george76 · 4 replies
    Grand Junction Media ^ | May 12, 2016 | Dennis Webb
    Oil and gas industry groups on Thursday sued federal agencies over revisions to land management plans in Colorado and other western states to protect the greater sage-grouse. The Western Energy Alliance and the North Dakota Petroleum Council filed the suit in North Dakota, saying the Bureau of Land Management and U.S. Forest Service failed to follow proper procedures for public involvement in adopting the land use plan amendments. They also say the plans ignore sound science and will hurt western economies. Plan revisions being challenged include ones in northwest Colorado, where greater sage-grouse habitat substantially overlaps with oil and gas...
  • Russia reportedly shows renewed interest in Israeli natural gas

    05/01/2016 5:40:25 AM PDT · by kindred · 9 replies
    http://www.jns.org/ ^ | April 25, 2016 | Israel Hayom
    Sources said Sunday that another round of negotiations over the development of Israel’s Leviathan offshore gas field by a serious player from Russia’s energy sector could be in the works. The degree of Russian interest is still unclear, but the potential renewed Russian interest comes on the heels of Israeli Prime Minister Benjamin Netanyahu’s meeting with Russian President Vladimir Putin in Moscow last Thursday. Some three years ago, the state-run Russian energy giant Gazprom expressed interest in buying gas harvested from Israel’s Tamar offshore filed. While a memorandum of understanding was signed on the issue, it never matured into a...
  • Consol Energy CEO predicts 2 ethane cracker plants for region

    04/18/2016 4:39:43 PM PDT · by RS_Rider · 8 replies
    Trib Live ^ | 04-18-2016 | David Conti
    The global crash in oil prices and resulting squeeze in financing available to energy companies have raised questions about whether two companies will build ethane cracker plants in the Marcellus and Utica shale regions. The head of one of the top shale gas producers in the area, however, predicts both petrochemical facilities will be built in the next decade. “We will see one to two ... I believe two cracker plants built in this region,” Consol Energy Inc. CEO Nick DeIuliis said Friday during the University of Pittsburgh's Energy Law and Policy Institute gathering Downtown. Such facilities would take ethane...
  • Are You Ready for $5 Gas? (Obama plays the knockout game with American consumers)

    04/17/2016 4:17:05 AM PDT · by doldrumsforgop · 9 replies
    am thinker ^ | 4/17/16 | j folks
    In a version of "hit 'em while they're down,' the Obama administration has unleashed a slew of new regulations targeting U.S. oil and gas production. These include costly methane emission rules on all new and existing wells, reversals of promised offshore acreage leasing, a de facto freeze of leasing on federal lands, and burdensome EPA restrictions of fracking. Then there is Obama's recent budget proposal of a $10-per-barrel surtax on top of the high taxes and royalties already paid by oil companies. Just as low oil prices are driving hundreds of oil companies out of business, Obama is piling on...
  • Cheap Natural Gas To Spark Another Wave Of Coal Plant Retirements

    04/12/2016 2:15:00 PM PDT · by bananaman22 · 15 replies
    Oilprice.com | 12-04-2016 | Nick
    “Cheap natural gas is killing coal.” While that headline has been written dozens of times over the last few years, it continues to be true. In fact, natural gas has become even cheaper over the past year, and the slow death of coal is poised to accelerate. In a new report from Moody’s, and reported on by SNL, the ratings agency predicts that cheap natural gas could lead to another massive wave of coal-fired power plant closures over the next year and a half.
  • First-quarter economy looks bleaker by the day

    04/08/2016 12:52:21 PM PDT · by mykroar · 6 replies
    CNBC.com ^ | 4/8/2016 | Patti Domm
    Some economists now see first-quarter growth as negligible, and it could easily turn out to be negative. Economists shaved already weak growth forecasts by a few more tenths Friday, after wholesale inventories fell 0.5 percent month over month in February, much more than the anticipated 0.1 percent decline. January was also revised down by 0.4 percent. The closely watched Atlanta Fed GDPNow model now shows first-quarter growth tracking at 0.1 percent, compared to a 0.4 percent estimate earlier in the week. JPMorgan economists now forecast the economy only expanded by 0.2 percent in the first quarter, from 0.7 percent. Barclays...
  • Is A Gas War Between The U.S. And Canada About To Start?

    03/30/2016 11:47:49 AM PDT · by bananaman22 · 8 replies
    Oilprice.com ^ | 30-03-2016 | warren
    The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging more than $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in the U.S. The partnership clearly isn’t broken, but it may need some mending as bilateral and international gas trade stands to complicate matters in short order. As with most current global natural gas issues, we must first look back to the shale gas revolution. In 2005 – just as hydraulic fracturing was finding its feet...
  • Israel’s Game Changing Gas Discovery Dealt Another Blow

    03/28/2016 2:48:14 PM PDT · by bananaman22 · 5 replies
    Oilprice.com ^ | 28-03-2016
    The massive Leviathan gas field was discovered in Israel’s offshore Levant Basin over six years ago, and while it theoretically puts Israel on the global energy map for the first time and could change the geopolitical dynamics of the entire Middle East, the Israelis themselves seem to be doing everything in their power to keep it from coming online. Its owners—U.S.-based Noble Energy and Israeli partner Delek Group—along with their shareholders are probably wondering if gas is ever going to come out of this giant of giants. At stake is a massive gas field worth $5-$6 billion and believed to...
  • Vanity: Trump's Foreign Policy vision is both pro Christian and Israeli and anti-Islamist around gas

    03/23/2016 3:19:24 PM PDT · by Trumpinator · 13 replies
    03/23/2016 | Trumpinator
    I am seeing the big picture - Trump is saying we don't need these Muslim Saudi and Iranian savages anymore. Get the Eastern Christians (which includes Russians) and the Israelis working their gas resources and leave the filthy head chopping Muslims behind and keep them out. This George Papadopoulos was also a Ben Carson advisor. Thank you, Jesus. I am commenting on the info I read in the Washington Post article here: https://www.washingtonpost.com/news/checkpoint/wp/2016/03/21/meet-the-men-shaping-donald-trumps-foreign-policy-views/George Papadopoulos Papadopoulos, a 2009 graduate of DePaul University, directs an international energy center at the London Center of International Law Practice.He previously advised the presidential campaign of...
  • Stop fracking? Shatter the economy

    03/22/2016 10:55:55 AM PDT · by JimSEA · 5 replies
    The Hill ^ | 3/21/16 | Paul Sullivan
    Fracking accounts for close to 50 percent of all natural gas and oil production. Our production of natural gas from shale fields and tight gas has increased by 40 billion cubic feet per day since 2002. Our production of shale and tight oil from fracking has increased by 4 million barrels a day since 2002. Fracking is one of the main reasons why oil and natural gas prices are so low. That also makes it one of the main reasons why gasoline and diesel prices are so low, and electricity prices have dropped in many areas. Crude oil is the...
  • THE JACKI DAILY Show! Listen live at 2PM Eastern!

    03/20/2016 3:43:51 AM PDT · by RaceBannon · 1 replies
    The Jacki Daily Show ^ | 3/20/16 | The Jacki Daily Show
    THE JACKI DAILY Show! Listen live at 2PM Eastern! Now playing also on station KWEL in Midland-Odessa! The host of the Jacki Daily show has had an impressive career in energy, law, and politics.Most recently, Jacki served as General Counsel to an engineering firm specializing in energy, national security and environmental cleanup. Previously, she served many years as legal counsel on Capitol Hill to the Chairman of the Subcommittee on the Constitution and the former Ranking Member of the Commercial and Administrative Law Subcommittee, advising on the oversight of federal agencies. Prior to her career in Washington, she worked as...
  • Energy Poverty Around the World

    03/16/2016 8:23:53 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 03/16/16 | Dr. Ileana Johnson Paugh
    Obama Administration has illegally bypassed Congress, the Federal Energy Regulatory Commission, and the States and their Public Utility Commissions The global warming/climate change industry has been aggressively pushing renewable energy, wind, solar, and biofuels for a long time even though the economies of various industrialized countries need much more energy than what renewables generate. The green activists have been zealously lobbying Congress and the EPA to change the laws, rules, and regulations that would make it much more expensive and difficult for fossil fuel energy producers to survive while passing the higher costs onto consumers, impoverishing those customers on fixed...
  • THE JACKI DAILY Show! Listen live at 2PM Eastern!

    03/06/2016 9:56:06 AM PST · by RaceBannon
    The Jacki Daily Show on THE BLAZE Radio ^ | 3/6/16 | The Jacki Daily Show
    THE JACKI DAILY Show! Listen live at 2PM Eastern! Now playing also on station KWEL in Midland-Odessa! The host of the Jacki Daily show has had an impressive career in energy, law, and politics.Most recently, Jacki served as General Counsel to an engineering firm specializing in energy, national security and environmental cleanup. Previously, she served many years as legal counsel on Capitol Hill to the Chairman of the Subcommittee on the Constitution and the former Ranking Member of the Commercial and Administrative Law Subcommittee, advising on the oversight of federal agencies. Prior to her career in Washington, she worked as...
  • LIVE at 2PM! The Jacki Daily Show!

    02/28/2016 10:03:51 AM PST · by RaceBannon · 3 replies
    The Jacki Daily Show ^ | 2/28/16 | The Jacki Daily Show
    Live at 2PM! Listen to The Jacki Daily Show! The host of the Jacki Daily show has had an impressive career in energy, law, and politics. Most recently, Jacki served as General Counsel to an engineering firm specializing in energy, national security and environmental cleanup. Previously, she served many years as legal counsel on Capitol Hill to the Chairman of the Subcommittee on the Constitution and the former Ranking Member of the Commercial and Administrative Law Subcommittee, advising on the oversight of federal agencies. Prior to her career in Washington, she worked as a corporate litigator, and as an Assistant...
  • Game-Changer Leviathan Gas Field Sees Serious Delays

    02/26/2016 11:16:13 AM PST · by bananaman22 · 1 replies
    Oilprice.com ^ | 26-06-2016 | Leviathan
    The massive Leviathan gas field, nestled deep inside the Levantine basin off Israel’s Mediterranean coast, is considered a game-changer for both Israel and Europe, but a wide range of roadblocks is threatening development, and now production will be delayed by at least a year. Political hurdles, regulatory approvals and tricky investment decisions have already put production off until 2019, and there are now fears that all the problems surrounding a discovery that put Israel on the energy map for the first time in history will impact prospects for future foreign investment in the country. As the project landed in controversy,...
  • UK business gas supplies could be diverted to households in Europe, under EU crisis plan

    02/18/2016 5:43:31 PM PST · by dynachrome · 17 replies
    The Telegraph ^ | 2-19-16 | Emily Gosden
    British businesses could have their gas supplies cut off in order to keep households in other parts of Europe warm, under a proposed new EU law. A new "solidarity principle" would apply to gas supplies to ensure that households, healthcare and security services across Europe were maintained as a priority in the event of a severe crisis. "In practice this means member states will have to give priority to protected consumers in neighbouring countries over non-protected customers at home," Miguel Arias Canete, the EU energy commissioner, said. "We don’t back legally-binding rules in this area, which is what we and...