Keyword: oildrilling
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(No search results) The United States will auction nearly one million acres off the Alaskan coast for new oil and gas drilling in December, mandated in the so-called “Inflation” Reduction Act (IRA). The United States Bureau of Ocean Energy Management (BOEM), inside the Department of Interior, will put hundreds of thousands of acres off Alaska’s southcentral coast up for auction on December 30 for new oil and gas drilling projects. The lease sale has to be completed by the end of the year to comply with the IRA, which was added to the piece of legislation to win support from...
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The Interior Department on Friday announced another round of oil and gas lease sales on public lands as well as an increase in royalty rates. The administration initially froze new leasing on public lands shortly after President Biden took office, but a federal district court that summer issued an injunction against the order. The department cited that injunction in announcing the lease sales. In the announcement, the department said the Interior Department will issue final sales notices for the upcoming sales Monday. The Interior Department also announced a royalty hike, increasing rates from 12.5 to 18.75 percent. “How we manage...
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The green nutters in this country, like basically all Democrats are obviously on the side of Russia. While they prevent oil drilling and fracking on US lands, and Biden kills the Keystone XL pipeline, this country continues to import nearly 600,000 barrels of Russian oil per day. You have to ask yourself, why the hell are we still important Russian oil with the “threat of war” with the Ukraine, if Putin is such a baddie? The answer is simple. As is the case with communist China, communist Democrats love Russia and envy Putin. They would never cut off his oil...
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FARGO, N.D. (AP) — The interior solicitor in the Biden administration said in an opinion released Friday that the mineral rights under the original Missouri River riverbed belong to a North Dakota tribal nation. The 68-page memorandum posted by the U.S. Department of Interior is contrary to a May 2020 Trump administration opinion concluding that the state is legal owner of submerged lands beneath the river where it flows through the Fort Berthold Reservation. The Mandan, Hidatsa and Arikara Nation had sued over that memo, which rolled back an Obama administration opinion favoring the nation, also known as the Three...
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The share of coal in U.S. power-generation is rising for the first time since 2014 amid Joe Biden’s crackdown on oil drilling and pipelines. The Energy Information Administration found coal-fired power generation has increased by 22 percent over the past year amid surging prices of natural gas and oil. The cost of coal power stands at nearly $2 per million of British Thermal Units. Meanwhile, natural gas costs almost $5 for the same amount of energy. ... The coal comeback comes despite Biden’s calls to eradicate the use of fossil fuels and a Democrat push for electric cars, which end...
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UPDATE: Up to 18 people shot at Walmart store in El Paso, Texas, local NBC affiliate KTSM reports. Details soon. Police and other emergency services are responding to reports of an active shooting at the Walmart near the Cielo Vista Mall in El Paso, Texas, local officials and witnesses say. Only few details were immediately available. The incident began at about 11 a.m. on Saturday when officers were called for an active shooter at Walmart. It was not immediately clear if police have confirmed a shooting and, if so, what is the status of the suspect.
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The Trump administration recently appealed a court decision that prohibits offshore development in the Arctic and Atlantic Oceans. American workers and energy consumers should hope this appeal is successful. Suspending offshore development would entrench the energy policies of the Obama administration, which banned oil and gas exploration throughout the Atlantic. Federal law requires the Interior Department to publish five-year plans detailing which offshore areas are -- and which ones aren't -- open to energy exploration. Currently, the department is operating under the program the Obama administration approved in its final days, a midnight regulation from a regime with a worldview...
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An outrageous ruling from a federal judge will halt hundreds of oil and gas drilling projects across 500 square miles in Wyoming because he says the government did not adequately take into account climate change when granting the leases on public lands. Talk about out-of-control Judiciary. NBC News: U.S. District Judge Rudolph Contreras in Washington appeared to go a step further than other judges in his order issued late Tuesday. Previous rulings focused on individual lease sales or permits. But Contreras said that when the U.S. Bureau of Land Management auctions public lands for oil and gas leasing, officials must...
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Dawn Marie Addiego has served in the state Senate since 2010. (Courtesy) Republicans' power in New Jersey just shrunk again. In a rare and unexpected move, longtime Republican state Sen. Dawn Marie Addiego announced Monday she is switching parties and becoming a Democrat. “As gridlock in Washington dominates the news, it has become increasingly clear that in order to effect change you have to be part of the discussion and not on the outside looking in,” Addiego, who has represented South Jersey’s 8th District since 2010, said in a statement. “The people of the 8th District did not elect me...
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Under the current offshore energy program developed during the Obama years, 94% of the nation’s Outer Continental Shelf (OCS) is off limits to leasing and drilling. Under the Draft Proposed Program (DPP) announced January 4 by Secretary of the Interior Ryan Zinke, over 90% of OCS acreage and 98% of “undiscovered, technically recoverable oil and gas resources†in these federal offshore areas (beyond the 3-mile limit of state waters) will be considered for possible future leasing, exploration and development.The Trump-Zinke plan proposes the largest number of lease sales in US history: 19 off Alaska, 7 in the Pacific, 9 in...
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Way back in 1980, Congress passed the Alaska National Interest Lands Conservation Act, establishing the Arctic National Wildlife Refuge and making numerous other land use decisions for our 49th state. Section 1002 of the act postponed a decision on managing ANWR’s 1.5-million-acre coastal plain, which has enormous oil and gas potential and is important summertime wildlife habitat.For four decades, environmentalists blocked legislation that would have opened the coastal plain to leasing and drilling. In 1995 President Clinton vetoed a pro-drilling bill that had passed both houses.At long last, the tax-cut legislation just passed by Congress allows America to benefit from...
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Drill, baby, drill! It seems like months ago now - wait, it was months ago - that the one-foot-out-the-door Barack Obama was pushing through as many executive orders as he could in an attempt to lock in liberal policies after he left office. One of the worst, which we reported at the time, put severe limits on offshore drilling in the Atlantic and Arctic oceans - and there was some question as to whether President Trump would have the authority to reverse the orders once he took office. I suppose nothing is ever truly over until left-wing federal judges weigh...
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It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great time to buy an offshore drilling rig for a cut-rate price—in fact, you might be able to get one for only one tenth of what they cost in 2011. This is the cost coup recently pulled off by Ocean Rig, a company controlled by shipping billionaire George Economou, who has landed a drillship—the Cerrado—for only US$65 million at auction, which represents less than 10 percent of the estimated price when it was built over...
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Obama on federal coal mining is a throwback to Carter administration failings. resident Obama's plot to use the National Environmental Policy Act (NEPA) to kill federal coal mining with a thousand paper cuts is not the first time he has used NEPA to try to end energy development. Disturbingly, his scheme is a throwback to President Carter and a decade-long moratorium that ended only when President Reagan took office. Meanwhile millions of Americans, vast regions and the nation's economy will suffer. In 2009, the Obama administration settled a "sweetheart lawsuit" by environmental groups by agreeing to a NEPA study on...
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Bloomberg article at gcaptain.
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North Coast state Sen. Mike McGuire’s bill to permanently ban new oil drilling in state waters along the 840-mile California coast was approved by the Senate Wednesday and now moves to the Assembly. Calling the coast a “worldwide wonder,” McGuire, D-Healdsburg, said his bill will protect the natural beauty of the coast, which draws 150 million visitors a year and contributes $40 billion to the state economy. The bill closes a loophole in a 1994 law that banned oil and gas development in state waters, which extend out three miles from shore, but permitted exceptions in cases where state oil...
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And they say there's no good news in the paper. But when it comes to oil, oil prices, oil diplomacy and just about everything else connected to this country's shale-oil boom, there's little but good news to report either at home or abroad. From the gas pump to international conferences, it's all good. Unless you're a gigantic corporation that's exploited this country's addiction to petroleum for years at immense profits. Or a rapacious oil sheik or dictator who's exploited not only his own people but the rest of the world. In that case, it couldn't happen to a more deserving...
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Despite an administration that has no energy policy, free market forces in the United States are finding a way to provide relief from high prices for an economy that greatly needs the respite. Oil prices are heading the right way for consumers even if the wrong way for the wildcatters, explorers and developers of domestic energy. It’s been planned that way.Now that the worldwide economy is slowing, Saudi Arabia is intent on testing American resolve to become energy independent. The oil-rich kingdom has decided on a price war—a method that would be illegal in the United States—to see if American...
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rightmostofthetime wrote: It always troubles me to see posters make statements regarding physics that they only partially understand. I'm an AGW skeptic, but I cringe whenever people state that melting icebergs won't raise sea level (they will) and that CO2 levels have zero effect on global temperatures. It's clear that that computer models climatologists are using are inadequate, and that the scientists do not fully understand the Earth system, but arguments that use incorrect science are worthless, and just make people look foolish.- The Drum Circle Beats for "AmEriKaN" Climate ChangeDear Comrade Noneofthetime,ItÂ’s the experts who ought to feel foolish,...
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