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Keyword: energyfacts

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  • Get the Government Out of Solar (Germany has learned her lesson. Will we?)

    03/29/2012 6:29:32 AM PDT · by SeekAndFind · 5 replies
    Real Clear Markets ^ | 03/29/2012 | Adam Peshek
    <p>Could even higher energy prices be on the way for Americans?</p> <p>During his two-day, four-state energy tour last week, President Obama reiterated his strong support for tax-subsidized solar energy. The president has repeatedly vowed the U.S. would not cede the solar industry to "China or Germany because we refuse to make the same commitment here." But with Germany's recent cuts to solar subsidies and the U.S. Commerce Department's decision to impose tariffs on Chinese solar imports, the U.S. could be headed towards higher energy prices and wasted tax dollars thanks to the very policies created to compete with these nations.</p>
  • Government data undercut Obama’s energy claims

    03/15/2012 2:59:40 PM PDT · by tobyhill · 2 replies
    washington times ^ | 3/15/2012 | By Dave Boyer
    Countering President Obama’s claim that he’s doing everything he can to increase domestic oil production, a top House Republican Thursday released data from the Energy Department showing that fossil fuel production on federal lands has fallen since Mr. Obama took office. The information compiled by the Energy Information Administration shows that total fossil fuel production on federal lands has dropped 7 percent since 2009 and 13 percent since 2003. From 2010 to 2011, total oil production on federal lands is down 14 percent and gas production dropped 11 percent. House Natural Resources Chairman Doc Hastings, Washington Republican, said the new...
  • House approves opening ANWR — again

    02/17/2012 9:11:04 AM PST · by thackney · 23 replies
    Alaska Journal of Commerce ^ | Feb 16, 2012 | AJC
    For the 12th time, U.S. Rep. Don Young has gotten legislation passed out of the House of Representatives to authorize opening of a portion of the Arctic National Wildlife Refuge to resource development. By a 237 to 187 vote, the House today sent H.R. 3408 to the Senate where it faces an uncertain future. Opening ANWR has only made it out of the Senate once, and was vetoed by President Bill Clinton in 1996. “This is a great piece of legislation for the American people,” said Young in a statement released by his office. “Tapping into ANWR’s enormous energy potential...
  • WHOI study reports microbes consumed oil in Gulf slick at unexpected rates

    08/01/2011 2:06:36 PM PDT · by Red Badger · 33 replies
    http://www.physorg.com ^ | 08-01-2011 | Provided by Woods Hole Oceanographic Institution
    More than a year after the largest oil spill in history, perhaps the dominant lingering question about the Deepwater Horizon spill is, "What happened to the oil?" Now, in the first published study to explain the role of microbes in breaking down the oil slick on the surface of the Gulf of Mexico, Woods Hole Oceanographic Institution (WHOI) researchers have come up with answers that represent both surprisingly good news and a head-scratching mystery. In research scheduled to be published in the Aug. 2 online edition of Environmental Research Letters, the WHOI team studied samples from the surface oil slick...
  • Big Oil: Profits and Taxes

    05/25/2011 2:44:16 PM PDT · by TheConservativeCitizen · 7 replies
    The Constitution Club ^ | 05-23-11 | Pino
    Big Oil. We love, LOVE, to hate Big Oil. As we’re paying more and more at the pump, and as we continue to flounder in this post recession economy, it’s hard to look at the Big Oil companies , their profits and think anything other than greed. But is that fair? Let’s check. Recently, the big oil companies announced their profits for the first quarter of 2011. And they are impressive numbers to be sure: ■Exxon Mobile – $10.7 billion ■Chevron – $6.2 billion ■ConocoPhilips – $3.0 billion THAT is a lot of billions. A LOT! But is it really...
  • Two-thirds of oil and gas leases in Gulf inactive

    03/29/2011 11:25:31 AM PDT · by safetysign · 30 replies
    Associated Press ^ | 03/29/2011 | Julie Pace
    An Interior Department report to be released Tuesday says more than two-thirds of offshore oil and gas leases in the Gulf of Mexico are sitting idle. According to the report, obtained by The Associated Press, those inactive swaths of the Gulf could potentially hold more than 11 billion barrels of oil and 50 trillion cubic feet of natural gas. The report also shows that 45 percent of all onshore oil and gas leases are inactive.
  • Gas Prices Have Gone Up 67 Percent Since Obama Became President

    03/10/2011 8:42:02 AM PST · by defeat_the_dem_igods · 29 replies
    weeklystandard.com ^ | Mar 9, 2011 | MARK HEMINGWAY
    Ah, January of 2009. Hope was in the air, but more importantly, gas was under two dollars a gallon. Since then gas prices, have gone up 67 percent and it's an ominously upward trend. Interestingly enough, the Heritage Foundation also took a look at the first 26 months of Bush's presidency -- gas only rose 7 percent during that time frame.
  • CERAWeek: The ‘Prince of Hydrocarbons’ may be ready for the throne

    03/09/2011 10:41:38 AM PST · by thackney · 36 replies
    Fuel Fix ^ | March 9, 2011 at 10:22 am | Tom Fowler
    The surge in natural gas production via shale developments and massive liquefied natural gas projects continues to change the dynamics of the global energy industry, according to a report released this morning by IHS-CERA and the World Economic Forum. Energy Vision 2011: A New Era for Gas, affirms what many in the energy industry have been saying for a while now — new gas drilling technologies and numerous LNG export projects coming on line are making natural gas a more abundant and attractively priced hydrocarbon. Natural gas provides about 24 percent of all global energy needs, but the refinement of...
  • Drilling Here, Drilling Now: It’s Just Common Sense

    03/05/2011 7:22:47 AM PST · by Kaslin · 32 replies
    Pajamas Media ^ | March 5, 2011 | AWR Hawkins
    We are living lives of self-imposed impoverishment. it will reach $130bbl, there is little reason to expect gasoline prices to do anything other than climb higher in the near future.One of the problems we face right now is the uncertainty in Libya, an OPEC nation that has cut its normal daily output of 1.6 million barrels of oil per day (bpd) to just over 700,000, amid the political tensions surrounding Muammar Gaddafi. What this means for humanity as a whole is that there is now less oil on the worldÂ’s market to meet the demand around the globe. What this...
  • New Study Shows That Offshore Drilling Could Make Alaska the Eighth Largest Oil Producer in...

    02/25/2011 9:45:59 AM PST · by jazusamo · 54 replies
    CNSNews ^ | February 25, 2011 | Penny Starr
    Complete title: New Study Shows That Offshore Drilling Could Make Alaska the Eighth Largest Oil Producer in the World – Ahead of Libya and Nigeria (CNSNews.com) – A new study says drilling on Alaska’s Outer Continental Shelf (OCS) could make Alaska the eighth largest oil resource province in the world -- ahead of Nigeria, Libya, Russia and Norway. The report -- by the consulting firm Northern Economics and the University of Alaska-Anchorage’s Institute of Social and Economic Research -- says that developing Alaska’s OCS could produce almost 10 billion barrels of oil and 15 trillion cubic feet of natural gas,...
  • How big is the Deepwater Horizon oil spill?

    05/10/2010 8:54:41 AM PDT · by Dallas59 · 13 replies · 739+ views
    BBC ^ | 5/10/2010 | BBC
    The current size of the Deepwater Horizon spill is hard to measure exactly, but attempts can be made to estimate it. Based on oil flow calculations from the National Oceanic and Atmospheric Administration, Dr Simon Boxall, a marine pollution expert, says a total current spill can be estimated at about 7,000 to 10,000 tonnes of oil. (See factbox below for how this was worked out.) But such estimates should always carry a caveat, he says, as these can be affected by factors such as the condition of the rig, the well and the quality of information available.
  • VANITY JUST ASKIN': What does it take to cause an offshore oil rig to blow up?

    04/30/2010 5:11:34 AM PDT · by OKSooner · 88 replies · 1,983+ views
    Vanity | 4-30-2010 | Vanity
    So what does it take to cause an explosion on an offshore drilling rig? How many explosions on offshore rigs have there been up 'til now? Has anyone said anything about what caused this one to blow up?What if I wanted to go blow up an offshore rig? How would I do it?
  • Coast Guard plans to start oil burn this morning

    04/28/2010 9:39:41 AM PDT · by thackney · 23 replies · 478+ views
    Houston Chronicle ^ | April 28, 2010, 10:54AM | BRETT CLANTON
    Coast Guard officials said they are scheduled to begin at 11 a.m. today lighting afire parts of a massive oil slick in the Gulf of Mexico to halt its spread to coastal ares from Louisiana to Florida. (See a map of the spill here.) Weather conditions were favorable to start burning of pockets of thick, clumpy oil, which pose the biggest threat to shorelines, Coast Guard Senior Chief Steve Carlton said. Light wind out of the northwest is providing good conditions for a controlled burn because it will blow the smoke out to sea, he said. Under the plan as...
  • Five myths about green energy

    04/25/2010 9:18:46 AM PDT · by neverdem · 45 replies · 1,453+ views
    Washington Post ^ | April 25, 2010 | Robert Bryce
    Americans are being inundated with claims about renewable and alternative energy. Advocates for these technologies say that if we jettison fossil fuels, we'll breathe easier, stop global warming and revolutionize our economy. Yes, "green" energy has great emotional and political appeal. But before we wrap all our hopes -- and subsidies -- in it, let's take a hard look at some common misconceptions about what "green" means.1. Solar and wind power are the greenest of them all. Unfortunately, solar and wind technologies require huge amounts of land to deliver relatively small amounts of energy, disrupting natural habitats. Even an aging...
  • Drill Here: America's Untapped Oil And Gas Reserves

    04/20/2010 12:27:43 PM PDT · by bruinbirdman · 30 replies · 946+ views
    Forbes ^ | 4/20/2010 | Christopher Helman
    Barack Obama made a big fuss over his plan to open more U.S. acreage to exploratory oil and gas drilling. But wildcatters aren't overly excited about the prospects. Though the plan added acreage in Alaska for possible leasing, some choice sites there were yanked. Drillers still have to wait for environmental studies before a lease sale may be held. Even then, they'd need to do seismic surveys and get federal air permits before touching drill bit to earth. Expect environmentalists' lawsuits, too. The President asserted that "drilling alone cannot come close to meeting our long-term energy needs." Really? A study...
  • SHELL STARTS PRODUCTION AT PERDIDO - WORLD'S DEEPEST OFFSHORE DRILLING AND PRODUCTION FACILITY

    03/31/2010 9:13:32 PM PDT · by smokingfrog · 34 replies · 627+ views
    PR Newswire ^ | 3-31-10 | Press Release
    Shell today produced its first oil and natural gas from the Perdido Development, the world’s deepest offshore drilling and production facility. Located in an isolated, ultra-deep sector of the Gulf of Mexico, Perdido marks a new era in innovation and safely unlocks domestic sources of energy for US consumers. The facility sits in approximately 2,450 meters (8,000 feet) of water, which is roughly equivalent to six Empire State Buildings stacked one atop the other, and will access reservoirs deep beneath the ocean floor. Perdido smashes the world water depth record for an offshore platform by more than 50%. “Perdido is...
  • Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over

    03/17/2010 11:46:56 AM PDT · by bananaman22 · 13 replies · 621+ views
    OilPrice.com ^ | 17/03/2010 | Dennis Edison
    If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the balance, and dramatized articles that warn of the “Dangers of Peak Oil,” I must question the validity or how this will effect the world, the USA, and you and I personally, and if indeed a crisis is at hand. As for world oil, if you ask the right questions, there are several new technologies/methods/alternatives and new finds that can easily supply enough hydrocarbon fuel for the next century or more....
  • The World's Biggest Oil Reserves

    01/31/2010 7:16:48 PM PST · by myknowledge · 18 replies · 1,337+ views
    Ninemsn (article from Forbes) ^ | January 2010 | Christopher Helman
    HOUSTON - This month Iraq will finalize contracts with the likes of ExxonMobil, Royal Dutch Shell and BP to develop some of its biggest oil fields. These giants are among the world's last remaining pockets of so-called "easy oil." They don't require ultradeep drilling or innovative production techniques, just the application of Big Oil know-how. No wonder the oil companies agreed to develop Iraq's fields without even getting an ownership stake in the fields and collecting as little as $1.15 per barrel recovered. Given the size of Iraq's undeveloped giants there are no technical reasons why within 10 years the...
  • Americans have a poor picture on energy issues

    06/29/2009 12:48:50 PM PDT · by James H. Shott · 11 replies · 1,016+ views
    Annuit Coeptis ^ | June 29, 2009 | James Shott
    The American Petroleum Institute has just released the results of its third annual “Energy IQ” survey, and it reflects that Americans’ knowledge about energy issues is lacking. The survey, conducted by Harris Interactive, comes as President Obama and Congress are pursuing aggressive energy and climate policies that threaten the nation’s economy, and which will determine America’s economic competitiveness for years to come. Some high points from the survey: • When asked about the role fossil fuels such as oil, natural gas and coal will play in meeting global energy demand, only 10 percent of respondents answered correctly that fossil fuels...
  • Save the USA! DRILL BABY DRILL!

    06/22/2009 8:19:17 AM PDT · by FromLori · 4 replies · 688+ views
    This would create new jobs and stop the obama Death Spiral into Depression and China would once again be buying from us! As it is now "Welfare Rolls have seen a SHARP Increase" we have the worse housing market in this generations memory and the Death Spiral continues. Scientists Confirm U.S. Has World’s Biggest Oil Reserves It has been more than a year since the Department of Interior announced that North Dakota and Montana have an estimated 3 to 4.3 billion barrels of recoverable oil in an area known as the Bakken Formation, but little is being done about it....