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Keyword: petroleum

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  • #JoeChina’s Keystone XL Kill Helps Buffet, Russia, China And Hurts Environment

    02/08/2021 9:18:57 AM PST · by raptor22 · 7 replies
    Noisy Room ^ | February 7, 2021 | Daniel John Sobieski
    If President Trump had been colluding with Russia, the first thing he would have done would have been to cancel the Keystone XL pipeline and otherwise prevent our achieving energy independence. Russia was once described as being a gas station masquerading as a country. Its only commodities of value are weapons and oil. Building Keystone XL and unleashing fracking was Trump’s way of screwing with Putin’s ambitions, not rewarding them. We would have to wait for Joe Biden to collude with Russia on energy by banning Keystone XL and declaring war on fracking. As Helen Raleigh, writing in The Federalist,...
  • Photo shows Joe Biden meeting Hunter’s alleged business partner from Kazakhstan

    10/20/2020 5:16:48 PM PDT · by E. Pluribus Unum · 16 replies
    New York Post ^ | OCTOBER 20, 2020 | NEW YORK POST
    A new photograph has emerged of Democratic presidential nominee Joe Biden posing with Hunter Biden and Kenes Rakishev, a Kazakh oligarch who reportedly worked with the former veep’s scandal-scarred son. The snap, first published by a Kazakhstani anti-corruption website in 2019, follows last week’s bombshell Post exposés detailing Hunter Biden’s overseas business dealings and a report claiming Rakishev paid the Biden scion as a go-between to broker US investments. In the undated photo, shared by the Kazhakhstani Initiative on Asset Recovery, the former vice president can be seen smiling with Kazakhstan’s former prime minister Karim Massimov and his son, who...
  • Yes, Joe Biden Would Ban Fracking In Pennsylvania And The Rest Of The U.S.

    09/07/2020 4:21:11 PM PDT · by raptor22 · 9 replies
    Noisy Room ^ | September 7, 2020 | Daniel John Sobieski
    Joe Biden has made it clear that he was for fracking before he was against it. Forget the cognitive testing – the cognitive dissidence of the incoherent policies his puppet masters are feeding him through his earpiece is enough to disqualify him for the presidency and may doom him politically in key states like Pennsylvania just as Hillary Clinton’s pledge to bankrupt a lot of coal companies did. Banning fossil fuels and killing the energy independence Trump achieved before the Wuhan virus pandemic would kill the American economy and future hopes for recovery. It is said a little child shall...
  • Mali Coup Leaders Seized Power Days After Returning From Military Training Camp in Russia

    08/25/2020 8:19:34 AM PDT · by SunkenCiv · 24 replies
    GNN Liberia ^ | August 22, 2020 | Cholo Brooks
    The leaders of the coup that ousted Mali's President Ibrahim Boubacar Keita spent most of the year training in Russia before returning to boot out the democratically-elected leader at gunpoint, according to sources in the Malian military. The rebels took control of Mali's largest military base in Kati, just outside the capital, Bamako, on Tuesday before storming Keita's official residence, seizing the president and forcing him to resign as leader of the West African nation. Numerous media outlets, including the BBC, immediately reported that the coup was led by Malick Diaw and Sadio Camara, two army colonels who hold top...
  • United States Files Complaint to Forfeit More Than $2.37 Million From Companies Accused of Laundering Funds to Benefit Sanctioned North Korean Entities

    07/23/2020 2:39:38 PM PDT · by ransomnote · 4 replies
    justice.gov ^ | July 23, 2020 | U.S. Attorney’s Office District of Columbia
    WASHINGTON - The United States has filed a complaint to forfeit $2,372,793 associated with four companies, announced the Acting U.S. Attorney for the District of Columbia Michael R. Sherwin, Emmerson Buie, Jr., Special Agent in Charge of the FBI Chicago Field Office, and Steven Cagen, Special Agent in Charge of the HSI Denver Field Office.            The complaint alleges that the four companies laundered United States dollars on behalf of sanctioned North Korean banks.  According to the complaint, the North Korean banks used these laundered funds as part of a scheme to procure goods for...
  • An oil futures contract expiring Tuesday went negative in bizarre move showing a demand collapse

    04/20/2020 12:18:41 PM PDT · by Jess Kitting · 48 replies
    CNBC ^ | April 20, 2020 | Eustance Huang, Pippa Stevens
    A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand had collapsed because of the coronavirus pandemic. But traders cautioned this collapse into negative territory was not reflecting the true reality of the beaten-up market. The price of the nearest oil futures contract, which expires Tuesday, detached from later month futures contracts, which continued to trade above $20 per barrel. West Texas Intermediate crude for May delivery fell more than 100% to settle at negative $37.63 per barrel, meaning producers would pay traders...
  • U.S. Net Petroleum Exports Hit Highest Ever In February

    03/08/2020 9:07:40 PM PDT · by nickcarraway · 69 replies
    Oilprice ^ | 3/6 | Tsvetana Paraskova
    The United States was a net exporter of crude oil and petroleum products last month, with the four-week average net imports at a negative 907,000 barrels per day (bpd) in the last week of February, the lowest ‘imports’ level in EIA data dating back to 1973, according to EIA’s weekly data on net imports of crude oil and petroleum products. Since the start of 2020, the U.S. was a net exporter of crude and petroleum products in each of the weeks in January and February, EIA data shows. The United States exported more crude oil and petroleum products than it...
  • Why Russia Is Rooting For Bernie Sanders

    03/08/2020 4:12:03 PM PDT · by nickcarraway · 14 replies
    Oilprice ^ | Mar 08, 2020 | Robert Rapier
    Recently Senator Bernie Sanders acknowledged that he had been briefed by U.S. intelligence on Russia’s attempts to interfere in U.S. elections on his behalf. SNIP I am not a political pundit, so I won’t attempt to speculate on who Moscow would prefer as the U.S. president. But there is at least one area in which the Russians would love to see Sanders’s policies implemented. On energy policy, there are two things that Sanders has promised that would make the Russians (and OPEC) very happy. Fracking Boosted American Energy Independence The combination of hydraulic fracturing (fracking) and horizontal drilling has led...
  • Energy Industry Looks To The Future At 2019 San Juan Basin Energy Conference

    04/23/2019 8:15:53 PM PDT · by brownwill6767 · 12 replies
    LOGOS RESOURCES LLC ^ | 3/15/2019 | LOGOS RESOURCES LLC
    A recent influx of dynamic, new oil and gas operators are bringing innovative applications of modern technology to restore the San Juan Basin to its place as a leading basin in the United States
  • Will Newsom end oil drilling in California? Many environmentalists are betting YES

    04/24/2019 8:24:04 AM PDT · by Red Badger · 42 replies
    www.sanluisobispo.com ^ | April 23, 2019 01:00 AM, Updated April 23, 2019 09:11 AM | By PHIL WILLON
    SACRAMENTO, Calif. California’s legacy of oil drilling should be just that, many environmentalists argue – relegated to the history books. They are urging Gov. Gavin Newsom to ban new oil and gas drilling in California and completely phase out fossil fuel extraction in one of the nation’s top petroleum-producing – and gasoline-consuming – states. At the least, they want the state to impose buffer zones prohibiting new oil and gas wells near schools, hospitals and residential neighborhoods and also require monitoring for potentially hazardous emissions from abandoned or plugged wells, proposals already being considered by state lawmakers. “It sure would...
  • U.S. Shale Oil Output to Hit Record 8.4 Million Bpd in March: EIA

    02/19/2019 1:43:23 PM PST · by Red Badger · 31 replies
    money.usnews.com ^ | Feb. 19, 2019, at 3:15 p.m. | by Devika Krishna Kumar, Jonathan Oatis, Marguerita Choy)
    NEW YORK - U.S. oil output from seven major shale formations is expected to rise 84,000 barrels per day (bpd) in March to a record of about 8.4 million bpd, the U.S. Energy Information Administration said in a monthly report on Tuesday. The largest change is forecast in the Permian Basin of Texas and New Mexico, where output is expected to climb by 43,000 bpd to a record 4.024 million bpd in March. A shale revolution has helped boost the United States to the position of world's biggest crude oil producer, ahead of Saudi Arabia and Russia. Overall crude production...
  • Venezuela Invades Guyana to Block Exxon Mobil Oil Exploration

    12/25/2018 5:33:00 PM PST · by Rusty0604 · 82 replies
    Breitbart ^ | 12/24/2018 | Frances Martel
    The Venezuelan Navy illegally entered the waters of Guyana this weekend and forced a ship contracted by Exxon Mobil to conduct oil research in the area to vacate, The incident, which Guyanese authorities angrily denounced and vowed to bring to the attention of the United Nations, reignites a feud Venezuelan socialist dictator Nicolás Maduro began with the neighboring country in 2015, claiming as much as two-thirds of Guyana itself belonged to Venezuela. Guyana has repeatedly noted that Venezuela signed an agreement in 1899 on the territory in question and no disputes remain as to who owns that land. Exxon Mobil...
  • Qatar to withdraw from OPEC in January 2019

    12/02/2018 11:12:39 PM PST · by tcrlaf · 26 replies
    AlJazeera ^ | 12-3-2018 | AlJazeera
    Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), Qatar's Energy Minister Saad Sherida al-Kaabi announced on Monday. The decision to quit the bloc of 15 oil-producing countries that account for almost half of the world's oil production was confirmed by Qatar Petroleum, the country's state oil company.
  • Irony alert: EPA finds ethanol is environmentally damaging

    08/04/2018 5:32:26 PM PDT · by rktman · 70 replies
    hotair.com ^ | 8/4/2018 | Jazz Shaw
    Amid growing demands from the corn lobby that the government mandate even more ethanol be blended into the nation’s gasoline supplies, new finding call such proposals into question. One of the chief claims of the corn lobby is that ethanol is a more “green” type of energy because it’s renewable. From there, the argument is extended to claim that it’s better for the environment all the way around. But the conclusions of a study underlying the latest EPA report on the environmental impact of ethanol (seven years in the making, dating back well into the Obama administration) concludes that the...
  • Almost All European Diesel Cars Are Dirty, New Study Finds [Of Course].....

    06/07/2018 7:20:13 AM PDT · by Red Badger · 21 replies
    www.popularmechanics.com ^ | Jun 7, 2018 | By David Grossman
    A new emissions study based on testing methods that are supposedly "difficult-to-impossible to cheat" has revealed that even the latest models of European diesel cars are bad polluters. The first such analysis since the 2015 Volkswagen diesel emissions scandal, the results show more than 4,000 vehicle models exceeding nitrogen oxides (NOx) levels set by the European Union. The new rating system is known as The Real Urban Emissions Initiative (TRUE). With a data set of 375,000 individual cars from across Europe, TRUE uses a beam of light to study a car's exhaust plume. European cars are broken into numbered groups...
  • REPORT: US Could Produce 12 MILLION Barrels Of Oil A Day By 2019

    05/09/2018 9:21:24 AM PDT · by rktman · 30 replies
    dailycaller.com ^ | 5/9/2018 | Michael Bastasch
    U.S. crude oil production could top 12 million barrels per day by the end of 2019, according to the latest Energy Department (DOE) forecast released on Tuesday. The U.S. Energy Information Administration, the DOE’s statistics arm, (EIA) projects U.S. crude output would grow by more than 1.5 million barrels per day over the next two years, primarily as the result of abundant shale oil and gas reserves. EIA projects the U.S. will “average 11.9 million [barrels per day (b/d)] in 2019, 0.4 million b/d higher than forecast” the agency released in April. Now, EIA “forecasts U.S. crude oil production will...
  • Pain In The Pump: Gas Prices On The Rise

    04/03/2018 1:05:55 PM PDT · by Red Badger · 38 replies
    baltimore.cbslocal.com ^ | 04-03-2018 | Staff
    BALTIMORE (WJZ) — The cost of gas is up across the country, including in Maryland, and is inching toward the highest price in three years. Gas is going up about a penny every other day — 15 cents in the past month. “We’ll be paying the highest prices for this time of year since 2014,” said Christine Delise with AAA. Gas companies are changing over to a different summer blend. To do so, some refineries shut down, leading to the classic market principal of supply and demand. A tighter supply means they can demand more for your fuel. Demand is...
  • Fleet of robotic ships, subs, and satellites is the future of offshore drilling: Study

    01/03/2018 8:31:08 AM PST · by Oshkalaboomboom · 1 replies
    Washington Examiner ^ | Jan 03, 2018 | John Siciliano
    A fleet of drone ships would be a key part in staving off another major offshore oil disaster in the Gulf of Mexico, according to a new report issued by a task force created after the worst oil spill in the energy industry's history. The National Academies of Sciences' Gulf program issued a report Wednesday that calls for the creation of a fleet of robotic ships, miniature drone-like submarines and underwater gliders to track oil flows along the Gulf's sometimes unpredictable underwater currents. Tracking oil's movements under the water, not just at the surface, became a key problem after the...
  • UPDATE: New ANWR legislation passes by vote of 13-10

    11/16/2017 8:02:32 AM PST · by SpeedyInTexas · 24 replies
    KTUU ^ | 11/15/2017 | Leroy Polk
    Following spirited discussion on both sides of the issue, a vote was called at the Energy and Natural Resources committee hearing, regarding new legislation proposed by Sen. Murkowski. By a vote of 13 in favor and 10 opposed, the legislation passed out of the committee just after 8 a.m.
  • The New Age of Trump Oil

    11/10/2017 10:36:22 AM PST · by brownwill6767 · 12 replies
    Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production. “We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus isn’t so much on “energy independence,” but rather dominance. In fact, the program is being called “American Energy Domination.”