User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
1 new since Jan 19 2017 09:12 IST RSS 2.0
 
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Venezuela Faces Uncertain Future As ‘Failing State’ Enters Second Year Of Economic Crisis 18.1.2017 Politics on HuffingtonPost.com
Amid widespread poverty, worsening food shortages and tumbling oil prices, socialist Venezuelan President Nicolás Maduro has declared a sixth consecutive 60-day period of national economic emergency , stretching the crisis into a second year and further extending his government’s expansive decree powers. Blaming the nation’s financial woes on low oil prices and a U.S.-led plot to topple his regime, the embattled leader announced Sunday that his administration would soon unveil a new plan to address Venezuela’s crippling recession and hyperinflation. A former bus driver and union leader, Maduro was narrowly elected to lead the country in April 2013 following the death of former President Hugo Chávez one month prior. In the years that have followed, Venezuelans have endured internationally alarming socioeconomic chaos. Soaring food prices and shortages have led to hungry families lining up for hours to spend their grossly devalued currency on groceries and other necessities. Tens of thousands of people ...
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Judge lets federal flaring rules take effect during lawsuit 18.1.2017 Seattle Times: Top stories

CHEYENNE, Wyo. (AP) — New nationwide rules to curtail the practice of burning off excess natural gas from oil and gas wells on federal land took effect as scheduled Tuesday after a judge said he saw no urgent reason to block them while a lawsuit moves ahead. U.S. District Judge Scott Skavdahl in Casper said […]
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Interior secretary nominee says overhaul of national parks should be part of Trump infrastructure plan 18.1.2017 Washington Post
Montana Congressman Ryan Zinke's comments are some of the first by a Trump nominee on infrastructure spending, a topic that congressional Republicans have been eyeing warily amid concerns about the cost and scope of Trump’s ambitions.
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Senate Considers Nomination of Ryan Zinke for Secretary of Interior 18.1.2017 Commondreams.org Newswire

The Senate Energy and Natural Resource Committee today begins a nomination hearing on President-elect Trump’s selection of Rep. Ryan Zinke (R-Mont.) as the next secretary of the Interior. As secretary Zinke would oversee the nation’s more than 1,500 endangered species, hundreds of millions of acres of public land, including national parks, high deserts and national wildlife refuges.

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Dakota Access company seeks to block pipeline study 18.1.2017 Minnesota Public Radio: News
Energy Transfer Partners wants any further study put on hold until there is a ruling on whether ETP already has the necessary permission to lay pipe under Lake Oahe - the reservoir that's the water source for the Standing Rock Sioux tribe.
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Pointed questions await Ryan Zinke, Trump's nominee for Interior secretary, at confirmation hearing today 17.1.2017 LA Times: Commentary
Court hears arguments over deporting immigrants with criminal records Jan. 17, 2017, 10:06 a.m. This is our look at President-elect Donald Trump's transition and the outgoing Obama administration: Case goes before Supreme Court over deporting criminal immigrants Meet the conservative Trump insider...
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Scott Pruitt Has Sued The Environmental Protection Agency 13 Times. Now He Wants To Lead It. 17.1.2017 Politics on HuffingtonPost.com
President-elect Donald Trump has made no secret of his hostility toward the Environmental Protection Agency. He has repeatedly called for its elimination, telling Fox News in 2015 that the environment would be just “fine” without it . Activists say Trump has followed through on those threats in nominating Scott Pruitt to lead the EPA, a man who has sued the agency 13 times  as Oklahoma’s attorney general. Pruitt, a climate change denier with close ties to the fossil fuel industry, has a long record of attacking the EPA and undermining environmental regulations. On his LinkedIn page , Pruitt refers to himself as a “leading advocate against the EPA’s activist agenda.” “During the campaign, Mr. Trump regularly threatened to dismantle the EPA and roll back many of the gains made to reduce Americans’ exposures to industrial pollution, and with Pruitt, the president-elect would make good on those threats,” said Ken Cook, head of the Environmental Working Group , a Washington research and advocacy organization. ...
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Not even Trump can easily reverse our progress on climate change 17.1.2017 Washington Post: Op-Eds
Outgoing Energy Secretary Ernest Moniz lays out why.
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Oilsands phase-out freak-out explained: Conservatives think road back to Ottawa runs through Edmonton 16.1.2017 rabble.ca - News for the rest of us
OTTAWA "Funny," Alberta Federation of Labour President Gil McGowan observed in a tweet yesterday: "I don't remember Kenney or Jean hyperventilating when their boss agreed to decarbonization by 2100." McGowan was referring to the nearly complete meltdown on the right in Alberta after Prime Minister Justin Trudeau's remark last Friday in Peterborough, Ont., that "we can't shut down the oilsands tomorrow. We need to phase them ...
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Saudi pledges adherence to oil cut, confident others will 16.1.2017 Yahoo: Business
Saudi Arabia will adhere strictly to its commitment to cut output under the global agreement among oil producers, its energy minister said on Monday, expressing confidence that OPEC's plan to prop up prices would work. Saudi Energy Minister Khalid al-Falih, speaking at an industry event in Abu Dhabi, also said he was encouraged by signs of commitments by other participants in the deal since it took effect on Jan. 1. Compliance with the deal will be a key influence in early 2017 on oil prices , which at $56 a barrel are about half their level of ...
The absurd logic behind Mexico's gasoline price hike 16.1.2017 Politics on HuffingtonPost.com
Mexico is in a political crisis again. The sudden announcement of a 15-20% hike in gasoline prices has triggered protests, blockades and general social unrest at a scale not seen since late 2014 when the president, Enrique Peña Nieto, was saddled by the back to back blows of the Ayotzinapa kidnappings and "Casa Blanca" scandal. That it happens at the beginning of what is shaping up to be an extremely complicated year is even more troubling. Already the economy is showing signs of a deepening slowdown and inflation is creeping up. Most worryingly, however, is that the fallout from Trump's electoral victory is starting to be felt even before he has taken office, as evidenced by the decision of US carmaker Ford to cancel a $1.6 billion investment in Mexico. Be it by threats or fiscal incentives, it is likely that more will follow. Popular opposition to the gasoline price hike partly obeys personal economic logic. Mexico is an extremely car-dependant society and given low wages, the cost of gasoline is an ...
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While Oil Front Group Touts Cheap Fossil Fuel to Low-Income Families, Industry Negotiates Deal to Drive World Oil Prices Up 15.1.2017 Truthout.com
Fueling U.S. Forward, an oil industry PR group, has spent the second half of 2016 running an on-the-ground campaign targeting African-American communities and spreading a message focused on energy prices, a front-page New York Times investigation reported on January 5. The organization's tactics included sponsoring a Richmond, VA gospel show where a few lucky families could win up to $250 off their household energy bills -- though the music was paused mid-concert for a panel discussion about fossil fuels. "[A Fueling U.S. Forward rep] discussed what high energy costs could mean for households in Richmond, which has a large African-American population," Times reporter Hiroko Tabuchi wrote.  "And he encouraged audience members to contact their legislators to lodge concerns about energy costs, according to Clovia Lawrence, a local journalist and radio personality who helped host the show." That Richmond event wasn't the only event Fueling U.S. Forward threw with the same basic theme. "Since its start in the ...
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BLM proposes oil-drilling leases near Zion National Park 15.1.2017 Salt Lake Tribune
No oil and gas leases have been issued on public lands in Washington County for a decade, but that could change June 15 when the Bureau of Land Management proposes to auction two parcels just west of Zion National Park. Conservationists and some local residents quickly denounced the proposed leases, identified recently in a draft environmental assessment analyzing 23 proposed leases covering 28,463 acres in BLM’s Color Country District, lands administered by the St. George and Richfield field of... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Military's shift away from oil clashes with Trump's promises 14.1.2017 Technology

Military's shift away from oil clashes with Trump's promisesAt a sprawling desert base, a Marine recharged his radio's batteries simply by walking, while nearby fellow troops examined a rocket artillery system and a drone — both powered by the sun. Navy and Marine ...


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Military's shift away from oil clashes with Trump's promises 14.1.2017 AP National
TWENTYNINE PALMS, Calif. (AP) -- At a sprawling desert base, a Marine recharged his radio&apos;s batteries simply by walking, while nearby fellow troops examined a rocket artillery system and a drone - both powered by the sun....
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Military’s shift away from oil clashes with Trump’s promises 14.1.2017 Seattle Times: Nation & World

TWENTYNINE PALMS, Calif. (AP) — At a sprawling desert base, a Marine recharged his radio’s batteries simply by walking, while nearby fellow troops examined a rocket artillery system and a drone — both powered by the sun. Navy and Marine Corps brass, accompanied by green energy executives, showcased the energy-harnessing knee braces and other innovations […]
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Solid bank earnings push stocks mostly higher 14.1.2017 LA Times: Business

Banks led U.S. stock indexes mostly higher Friday, propelling the Nasdaq composite index to its fourth record high this week.

Investors welcomed quarterly earnings from JPMorgan Chase, Bank of America and Wells Fargo, all of which reported results that exceeded Wall Street's expectations. Financial...

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U.S. indexes mostly higher on bank earnings 14.1.2017 Salt Lake Tribune
Banks led U.S. stock indexes mostly higher Friday, propelling the Nasdaq composite index to its fourth record high this week. Investors welcomed quarterly earnings from JPMorgan Chase, Bank of America and Wells Fargo, all of which reported results that exceeded Wall Street’s expectations. Financial stocks also benefited from an upward move in bond yields, which drives higher interest rates on loans. Real estate stocks were the biggest laggard. Shares in energy companies also closed lower as crud...
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U.S. indexes treading water while oil slides 13.1.2017 Salt Lake Tribune
U.S. stock indexes were mostly higher in afternoon trading Friday, giving up some of their gains from earlier in the day. Banks and other financial companies were up the most as investors sized up earnings reports from several big lenders. Utilities were the biggest laggard. Energy stocks were down as crude oil prices headed lower. KEEPING SCORE: The Dow Jones industrial average slipped into the red after a strong start. It edged down 3 points to 19,887 as of 11:22 a.m. Mountain time. The Standa...
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Banks lead U.S. indexes higher, but oil slides 13.1.2017 Salt Lake Tribune
U.S. stock indexes moved higher in morning trading Friday as investors pored over earnings reports from several big lenders. Banks and other financial companies were up the most. Utilities were the biggest laggard. Energy stocks were wavering between small gains and losses as crude oil prices headed lower. KEEPING SCORE: The Dow Jones industrial average rose 19 points, or 0.1 percent, to 19,910 as of 9:28 a.m. Mountain time. The Standard & Poor’s 500 index gained 6 points, or 0.3 percent, to 2,2... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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