Keyword: offshoreoil
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The nephew of the interim President of Honduras Roberto Micheletti has been found dead in what the police are calling an execution style killing. Enzo Micheletti's body was discovered on Sunday in woodland near Choloma, 250 km north of the capital, Tegucigalpa. Police say his hands were tied behind his back and his body was riddled with bullets There is no indication that his death is connected to the coup that brought his uncle to power at the end of June.
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Biden champions the action as win for climate change, while Trump's team says it could keep energy costs high President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters. Biden, whose term expires in two weeks, said he is using authority to protect offshore areas along the East and West coasts, the eastern Gulf of Mexico and portions of Alaska's Northern Bering Sea from future oil and natural gas leasing. He invoked the 1953 Outer Continental Shelf Lands...
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HUNTINGTON BEACH, Calif. (AP) — A massive cargo ship made a series of unusual movements while anchored in the closest spot to a Southern California oil pipeline that ruptured and sent crude washing up on beaches, according to data collected by a marine navigation service... ...The Associated Press reviewed more than two weeks of data from MarineTraffic, a navigation service that tracks radio signals from transponders that broadcast the locations of ships and large boats every few minutes. That data shows the Rotterdam Express, a German-flagged ship nearly 1,000 feet (305 meters) long, was assigned to anchorage SF-3, the closest...
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BEIRUT, Sept 18 (Reuters) - Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean. Lebanon and Israel are in dispute over the delineation of their territorial waters in the Mediterranean and negotiations between the old foes could lead to Lebanon being able to unlock valuable gas reserves...
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Sen. David Vitter (R-La.) wants answers from the US taxpayer supported Export-Import bank about a $2 billion loan to Brazil for offshore drilling. Vitter’s home state is suffering under a moratorium imposed by President Barack Obama. Vitter said Louisianians “are frustrated” and he wants to know “why permitting domestically is nearly stalled…” Rep. Ron Paul (R-Texas) had questions about ExIM—nine years ago when he asked Congress to reject the reauthorization of ExIm for “economic, constitutional and moral reasons.” Vitter sent a letter to Fred Hochberg, Ex-Im president, on March 17. Vitter asked Hochberg to identify all US companies that have...
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Green Energy: Bypassing abundant supplies of environmentally friendly and reliable natural gas, the Bay State forces its utilities to buy energy from offshore wind farms. The tilting at windmills continues. It is instead found in the vast resources locked up in the Outer Continental Shelf, the Arctic National Wildlife Refuge, the Chukchi and Beaufort Seas off Alaska and in the vast shale formations that bless the U.S. with an abundance of oil and natural gas. A nationwide boom in natural gas production is set to fuel nearly 900,000 jobs and add roughly $1,000 to annual household budgets by 2015, according...
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Energy Policy: Deep-water drilling will resume in the Florida Strait when a giant, semi-submersible oil rig en route from Singapore arrives later this fall. The bad news is it will not be American. While U.S. oil and energy prices "necessarily skyrocket," as President Obama once said they would under energy policies that have imposed a de facto ban on offshore drilling, a massive Chinese-built semi-submersible oil rig is on its way from Singapore to a drilling position off northwest Cuba perhaps as little as 50 miles from Key West, Fla. The long-predicted move could come as early as November, as...
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Energy: Lack of oil volume due to administration bans on new Alaskan drilling may force the shutdown of the Trans-Alaska Pipeline, denying us even the tens of billions of barrels left in already developed fields. The Trans-Alaskan pipeline is dying, another casualty of the Obama administration's war on domestic fossil fuel energy and its deliberate effort to drive up energy prices to make so-called "green" energy alternatives more attractive. It was built to handle the oil produced on Alaska's North Slope at Prudhoe Bay and was a marvel of American engineering and exceptionalism. When oil exploration began in Prudhoe Bay,...
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Energy: Extending existing oil leases as the president has proposed accomplishes nothing if the White House's environmental handcuffs won't let them be used. Lucy wants to hold the football for Charlie Brown again. When President Obama said during his Saturday radio address that "we should increase safe and responsible oil production here at home," the operative words were "safe and responsible." We will drill if it's safe for polar bears, caribou and West Texas lizards, and if it doesn't contribute to the "climate change" myth. Similar words were used to justify the seven-year moratorium on offshore drilling off both coasts,...
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Energy: As the House passes a bill to open up offshore drilling, the Senate holds another show trial of oil executives showing why people blame them, not the administration, for high gas prices. Last week they fought back. Summoned for what Sen. Orrin Hatch labeled a dog-and-pony show, executives of Exxon Mobil, Shell, ConocoPhillips, BP America and Chevron appeared before the Senate Finance Committee on Thursday and, in often-heated exchanges, indicated their days as whipping boys are over. The hearing was called ostensibly to support the Democrats' Close Big Oil Tax Loopholes Act, a bill with no chance of passage....
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Leadership: Making jokes about remembering what it was like to pump gas or speaking at a foreign-owned wind turbine plant does not ease the pain at the pump that has been orchestrated by the White House. President Obama found time on the eve of a possible government shutdown to dine with the Rev. Al Sharpton, address his National Action Network Annual Gala and make quips about an energy crisis America finds increasingly unfunny. "I don't pump gas now, but I remember what it was like pumping gas. ... I remember the end of the month (paying bills) .. . I...
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Energy Policy: While we sit on abundant oil and natural gas reserves, prices at both the wellhead and the pump are rising on fears of spreading Mideast turmoil and short domestic supply. But then, maybe that's the plan. The silver lining for this administration in the gathering storm over the Middle East may be what it's doing and may yet do to energy prices. The average price for gasoline jumped nearly 12 cents a gallon last week to $3.287, according to AAA. But at the White House, that's not necessarily bad news. Oil has surged to 2 1/2-year highs as...
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Energy Policy: An administration that has no respect for Congress, the courts or the Constitution has been found in contempt for reissuing a drilling moratorium that a U.S. district judge found overly broad. The Obama administration's trouble with the courts has continued with a judge's ruling last week that the Interior Department's reinstating of a drilling moratorium followed by a de facto moratorium via an overly restrictive permitting process constituted contempt. The administration had issued a drilling moratorium in May in waters deeper than 500 feet after the explosion and sinking of the Deepwater Horizon drilling rig off Louisiana that...
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Energy Security: As unrest spreads in the Middle East, threatening oil transport and oil-rich kingdoms, our laughable energy policy may come home to roost. Better get those wind turbines spinning in a hurry. Between them, the Suez Canal and adjoining pipeline transport some 4.5 million barrels of oil per day. More than 35,000 ships used the canal in 2009, about 10% of them oil tankers. The thought of the Muslim Brotherhood in control of it should give us pause. Yet that's a real possibility as the well-disciplined and ruthless mother of all Islamofascist groups lies in wait. The street protests...
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Energy: A new analysis of the effects of the offshore drilling moratorium shows more to worry about than beaches and tourism. Massive job loss and economic hardship lie ahead, and we're doing it on purpose. It's been 100 days since the Deepwater Horizon disaster cast a pall over America's energy future while endangering the environment onshore and off. Whether it was due to negligence or the inherent dangers of deep-water drilling, it pales in comparison to the self-inflicted wound of increased energy regulation and taxes and the Obama administration's moratorium. President Obama has succeeded in turning a crisis into an...
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President Barack Obama's "reckless" moratorium on deepwater drilling in the Gulf of Mexico is suffocating small businesses and destroying livelihoods, lawmakers and residents said Tuesday. "The decision to stop energy exploration in the Gulf of Mexico appears to have been made in an uninformed manner that borders recklessness," Democratic Senator Mary Landrieu told the small business committee, which she chairs. "It has increased our risk to the environment, it has increased our national security risk, it has increased the risks to job security. It must be reversed now." A study by Louisiana State University finance professor Joseph Mason estimates the...
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Energy Policy: Senate Democrats have shelved job-killing cap-and-trade legislation, at least for now. Neither the political nor the Earth's climate suggests it's a good time to try to fool Mother Nature or the American people. After a Thursday meeting with Senate Democrats, Senate Majority Leader Harry Reid has apparently dropped plans to pursue cap-and-trade before the August recess. He doesn't have the votes to overcome a GOP filibuster, and saving the earth from a phantom threat stands way below jobs on Americans' wish list. But watch out after November. "What he suggested is that we move forward on several bills...
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Energy Policy: President Obama says the oil disaster proves the need to get off fossil fuels. But before we save the planet, let's save the Gulf and stop exploiting crises to deny America the energy it needs. Saving the planet is nice, but just how do we plug the hole again? With an abundance of hand gestures, the president didn't really say in his speech Tuesday night. He did say fossil fuels were bad and green energy is good, but the people of the Gulf states don't need wind turbines right now. Contrary to Obama's assertions, our "addiction" to foreign...
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Leadership: FDR said we had nothing to fear but fear itself. JFK asked what we could do for our country. Now we can add Obama's whine about the disaster in the Gulf: "I can't suck it up with a straw." 'Even though I'm president of the United States, my power is not limitless," the president told Grand Isle, La., locals in a video released Friday. "So I can't dive down there and plug the hole. I can't suck it up with a straw. All I can do is make sure that I put honest, hardworking, smart people in place ....
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Energy Policy: The advisory board on offshore drilling says it never endorsed a moratorium, which was added later by the interior secretary. The only thing transparent about this administration is its lies. Experts brought together by the Obama administration to review offshore drilling safety were asked to review recommendations in the wake of the Deepwater Horizon disaster. They did not give their blessing to the six-month drilling moratorium announced by Interior Secretary Ken Salazar and have accused him of deliberately appending their report to make it seem like they did. According to the New Orleans Times Picayune, Salazar's May 27...
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