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Keyword: energyindependence

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  • Power To Spare (Palin vs. Biden on energy)

    11/05/2009 4:53:14 PM PST · by raptor22 · 3 replies · 702+ views
    Investor's Business Daily ^ | November 5, 2009 | IBD editorial staff
    Leadership: As Palin jousts with Biden on energy independence, the government reports that we lead the world in energy reserves. From oil to gas to coal, we are sitting on prosperity. So why are we importing anything? One of the interesting sidelights of the NY-23 race was an exchange on energy independence between Vice President Joe Biden and the former governor of energy-rich Alaska, Sarah Palin. Biden, who came in to campaign for Democrat Bill Owens, was reminded of the issue of energy. "The fact of the matter is that Sarah Palin thinks the answer to energy was 'Drill, baby,...
  • United States Could Be Energy Independent If…

    11/04/2009 8:31:34 AM PST · by BobMcCartyWrites · 20 replies · 904+ views
    Bob McCarty Writes ^ | 11-3-09 | Bob McCarty
    The United States could be energy independent if it possessed the collective political will to make it happen. After all, the country has the largest energy reserves on earth, according to a recently-released Congressional Research Service report.
  • Culver City [CA] halts oil drilling [not here, not now]

    10/16/2009 11:03:30 AM PDT · by La Enchiladita · 13 replies · 741+ views
    The Wave Newspapers ^ | Oct. 8, 2009 | ARIN MIKAILIAN
    The Culver City Council on Monday unanimously approved a moratorium to halt drilling in the Inglewood Oil Field until next August, by when city officials hope to have drafted a new ordinance that ensures the public’s safety and welfare. The new moratorium will extend one that expires Oct. 8 by 10 months, until Aug. 23, 2010. Plains, Exploration & Production Company, the primary operator of the oil field, has already sent four notices of intent to drill new wells to the State Division of Oil, Gas, and Geothermal Resources, even though the oil company agreed with the Los Angeles County...
  • THE US HAS "MORE THAN ALL THE MIDDLE EAST PUT TOGETHER" ( oil )

    10/11/2009 5:18:39 PM PDT · by Halfmanhalfamazing · 25 replies · 1,703+ views
    Atlas Shrugs ^ | October 10th | Pamela Geller
    The government is, increasingly, the enemy. Imagine the jobs, the wealth, the independence, and cutting the jihad snake off at the head. There is no downside. We could easily extract that oil with minimum impact to the trees. ..... For decades, Democrats have blocked efforts to responsibly develop this nation's energy resources, transforming vast areas of opportunity into "The No Zone." (hat tip Jim)
  • New Way to Tap Gas May Expand Global Supplies

    10/10/2009 9:04:41 PM PDT · by neverdem · 48 replies · 2,936+ views
    NY Times ^ | October 10, 2009 | CLIFFORD KRAUSS
    OKLAHOMA CITY — A new technique that tapped previously inaccessible supplies of natural gas in the United States is spreading to the rest of the world, raising hopes of a huge expansion in global reserves of the cleanest fossil fuel. Italian and Norwegian oil engineers and geologists have arrived in Texas, Oklahoma and Pennsylvania to learn how to extract gas from layers of a black rock called shale. Companies are leasing huge tracts of land across Europe for exploration. And oil executives are gathering rocks and scrutinizing Asian and North African geological maps in search of other fields. The global...
  • A California 'Black Gold' Rush

    09/29/2009 8:52:35 AM PDT · by raptor22 · 13 replies · 1,492+ views
    Real Clear Markets ^ | September 29, 2009 | IBD staff
    Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been...
  • A California 'Black Gold' Rush

    09/28/2009 4:48:14 PM PDT · by Kaslin · 22 replies · 2,207+ views
    IBD Editorials ^ | September 28, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep finding more of it? The mantra of the anti-drilling crowd has been that oil companies like to sit on their leases and the oil in the ground, hoping to drive up the price. They should use the leases they have or lose them, these critics say. They also like to add that the world is running out of oil so it doesn't matter anyway. Occidental Petroleum hasn't been...
  • Forget 'Peak Oil' — Drill, BP, Drill

    09/03/2009 5:28:33 PM PDT · by Kaslin · 16 replies · 2,009+ views
    IBD Editorials ^ | September 3, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy Policy: Ignoring peak-oil Cassandras, BP has made another giant oil find in the Gulf of Mexico. We're not running out of oil. Our government just doesn't want us to look for it.The world is running out of oil and good riddance. That's the environmentalists' mantra. But since the first well was drilled near Titusville, Pa., 150 years ago, the prophecy has gone unfulfilled. Trouble is, those darn greedy oil companies keep finding the stuff. Oil has been produced in the Gulf of Mexico since the first well was drilled by Kerr-McGee Corp. in 1947. Some of the wells are...
  • Shifting Oil Sands

    09/01/2009 5:03:45 PM PDT · by Kaslin · 5 replies · 1,027+ views
    IBD Editorials ^ | September 1, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy: We balk at importing "dirty" oil from Canada, but others aren't so reluctant. Exempt as a "developing" nation from Kyoto-like agreements, China has decided to help Canada develop its energy-rich oil sands.The Financial Post reports that PetroChina International Investment Co. has struck a deal to buy a 60% interest in Athabasca Oil Sands Corp.'s McKay River and Dover projects for $1.9 billion. China has been establishing energy beachheads around the world in its quest to keep its growing economy fueled. With possible conflict brewing between Israel and Iran, Beijing recognizes the need for reliable suppliers like Canada in an...
  • Glenn Beck "5 Pledges" from 8/28/09 Show

    08/30/2009 7:49:12 PM PDT · by TNoldman · 11 replies · 1,934+ views
    A Tennessee Patriot
    Here is a copy of Glenn Beck's "5 Pledges" from his 8/28/09 TV Show. Use it by copy/paste for emails,etc. "We are sending you "The 5 Pledges" from the Glenn Beck TV Program that we endorse and want you to endorse. We support the concept that unless you are "IN" on these concepts we will work so that you are "OUT" in 2010 or your next Re-Election Run. ......to Congress, ** 5 PLEDGES ** 1. I believe in a balanced budget and therefore will vote for a freeze in government spending until that goal is realized. 2. I believe government...
  • Energy Independence and Security Act of 2007 Attacks Biodiesel

    08/21/2009 1:37:00 PM PDT · by ConservativeMind · 6 replies · 869+ views
    Biodiesel.org ^ | Aug 21, 2009 | Biodiesel.org
    It appears that the EPA, under the "RFS2 - Energy Independence and Security Act of 2007," is going to cause problems with how biodiesel will be viewed as a source of pollution, rather than as a means to reduce it. According to the National Biodiesel Board, the EPA has wrongly calculated the negative impact of biodiesel. As a result, the Board would like to enlist the help of supporters of biodiesel in a mail campaign to the EPA and, I assume, others. The points they most want to drive home are mentioned in the following letter: Honorable Lisa Jackson Administrator...
  • The Saudi Arabia Of Shale

    08/21/2009 5:05:26 AM PDT · by Vincent Jappi · 18 replies · 2,222+ views
    INVESTOR'S BUSINESS DAILY ^ | August 17, 2009
    Energy Policy: New York's governor wants to tap into a shale formation that can supply the entire U.S. with natural gas for 65 years. Will NIMBY environmentalists let him stimulate New York's and America's energy economy? Last week, David Patterson released a draft report of his Energy Planning Board that does something Democrats are loath to do: It proposes developing a domestic energy resource — the huge amounts of natural gas trapped in the Marcellus Shale formation. New York produces 5% of its natural gas in-state and imports more than 95% from the Gulf Coast and Canada. The Marcellus Shale...
  • The Saudi Arabia Of Shale

    08/17/2009 6:14:56 PM PDT · by Kaslin · 47 replies · 4,070+ views
    IBD Editorials ^ | August 17, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy Policy: New York's governor wants to tap into a shale formation that can supply the entire U.S. with natural gas for 65 years. Will NIMBY environmentalists let him stimulate New York's and America's energy economy?Last week, David Patterson released a draft report of his Energy Planning Board that does something Democrats are loath to do: It proposes developing a domestic energy resource — the huge amounts of natural gas trapped in the Marcellus Shale formation. New York produces 5% of its natural gas in-state and imports more than 95% from the Gulf Coast and Canada. The Marcellus Shale stretches...
  • Capping Jobs

    08/13/2009 5:27:29 PM PDT · by Kaslin · 4 replies · 892+ views
    IBD Editorials ^ | August 13, 2009 | INVESTORS BUSINESS DAILY Staff
    Cap-And-Trade: The administration likes to defend bad policies with analogies to the post office. New studies from a business group and the administration itself confirm that cap-and-trade belongs in the dead-letter bin.Along with Energy Secretary Steven Chu, Rep. Ed Markey likens the cost of the Waxman-Markey cap-and trade bill to "about a postage stamp a day," based on estimates made by the Congressional Budget Office and the EPA. But as we and others have shown, they arrive at this magical number in part by ignoring the hit on gross domestic product and employment that will occur. As Garret Vaughan, economist...
  • Drill Like Brazil

    01/26/2009 6:22:09 PM PST · by Kaslin · 12 replies · 1,656+ views
    IBD Editorials ^ | January 26, 2009
    Stimulus: Brazil, a leader in the use of biofuels such as ethanol and in the face of falling oil prices, still plans to spend huge sums to expand its offshore oil resources. Drilling rigs are infrastructure too.With oil prices scraping the bottom of the barrel, pun intended, there wouldn't appear to be much incentive to pursue the development of new oil resources. And in tough economic times worldwide, the necessary investment required would appear to be prohibitive. As the U.S. seeks to get its economy going by building roads, bridges and bicycle paths, Brazil has decided to create jobs and...
  • Peak Gov't, Not Oil

    08/04/2009 5:39:27 PM PDT · by Kaslin · 5 replies · 1,103+ views
    IBD Editorials ^ | August 3, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy Policy: The chief economist of the International Energy Agency says the world is running out of oil. We've been told that for the last 150 years. The only thing we're running out of is the will to drill.Ever since the first oil well was drilled in Titusville, Pa., in 1859, experts have been predicting we would soon run out of oil. The latest is Dr. Fatih Birol, chief economist for the International Energy Agency in Paris, whose job it is to assess future energy supplies by OECD countries. In an interview with the Independent, Dr. Birol says that based...
  • North Dakota Could Have a Huge New Oil Field

    07/14/2009 11:47:13 AM PDT · by kellynla · 43 replies · 1,710+ views
    breitbart.com/ap ^ | JAMES MacPHERSON
    BISMARCK, N.D. (AP) - Dozens of fruitful wells beneath the rich Bakken shale in North Dakota continue to fuel a hunch among oilmen and geologists that another vast crude-bearing formation may be buried in the state's vast oil patch. Lynn Helms, director of the state Department of Mineral Resources, said recent production results from 103 newly tapped wells in the Three Forks-Sanish formation show many that are "as good or better" than some in the Bakken, which lies two miles under the surface in western North Dakota and holds billions of barrels of oil. "I think it's a big deal...
  • Not So Fast With Those Electric Cars

    07/08/2009 5:07:23 PM PDT · by WhiteCastle · 27 replies · 1,134+ views
    IBD Editorials ^ | July 7, 2009 | Investor's Business Daily
    Alternative Energy: A government report says reliance on electric cars will do little to reduce greenhouse gas emissions and may merely shift our dependence on foreign sources from one set of dictators to another..."If you are using coal-fired power plants, and half the country's electricity comes from coal-powered plants, are you just trading one greenhouse gas emitter for another?" asks Mark Gaffigan, co-author of the GAO report. The report itself notes: "Reductions in CO2 emissions depend on generating electricity used to charge the vehicles from lower-emission sources of energy."
  • Big Alaska Looks to Small Nuclear (Palin for nuclear power)

    06/30/2009 11:07:55 AM PDT · by SolidWood · 40 replies · 1,233+ views
    NYT ^ | June 30, 2009 | Stefan Milkowski
    Both projects involve small reactors that would be buried underground and operate for many years without the need for refueling. Toshiba’s reactor, dubbed the 4S for “Super-Safe, Small and Simple,” is designed to produce 10 megawatts of electricity for 30 years without refueling. It would be cooled by liquid metal. (Toshiba is also developing a 50MW version.) Hyperion is promising a reactor that can produce 25MW for five to 10 years and uses uranium hydride as a combination fuel and temperature-moderator. Alaska’s governor supports the concept. “Absolutely I can see nuclear playing a role in our energy agenda,” Gov. Sarah...
  • Huge Victory for the Palin Administration

    06/11/2009 4:21:43 PM PDT · by DB9 · 19 replies · 1,208+ views
    C4P ^ | June 11, 2009 | Joseph Russo
    Thursday, June 11, 2009 TransCanada and Exxon Join Forces on the Natural Gas Pipeline to the Lower 48 - Major Victory for the Palin Administration! By Joseph Russo Alaska Governor Sarah Palin celebrates a landmark agreement between TransCanada and ExxonMobil to partner together in building Alaska’s natural gas pipeline – the largest and most complex construction project in North America. Governor Palin, center, is joined by (left to right) Marty Massey, Joint interest Manager for Exxon Mobil; Alaska Department of Natural Resources Deputy Commissioner Marty Rutherford; Rich Krueger, President of Exxon Mobil Production Company; Hal Kvisle, President and CEO of...