User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: Oct 25 2016 19:13 IST RSS 2.0
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Sugar crisis in sweet-toothed Egypt: ‘People are going to snap’ 21.10.2016 Seattle Times: Top stories

Egypt’s economy is in free fall. Its pound is now worth 0.06 cents on the black market, about half its value a year ago, and inflation reached a seven-year high of 15.5 percent in August.
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What would it mean for Los Angeles to go 100% renewable? 21.10.2016 Main Feed - Environmental Defense
By Irene Burga The Los Angeles City Council recently passed a unanimous resolution requiring Los Angeles Department of Water and Power – the largest municipally-owned utility in the country — to study how the city can achieve a 100% clean energy future. With help from research partners, including academic institutions, the U.S. Department of Energy, and environmental and consumer groups, the study has the potential to become a foundational roadmap for running the utility on only clean and renewable energy. California currently has a goal to reduce greenhouse gas emissions 40% below 1990 levels by 2030, with half of the state’s energy supply powered by renewable electricity by 2030. To achieve these targets, it is imperative for the state to look seriously at how to get off of fossil fuel dependency for our energy needs. Utilities and cities can be the key to reaching those climate goals. Mayor Garcetti’s LA Sustainability pLAn , sets even more stringent emission reduction targets than that of the state, ...
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State health department says orange Suncor emissions are not a concern 21.10.2016 Headlines: All Headlines
The public does not need to worry about the yellow-orange smoke that billowed last week from a Commerce City refinery, the Colorado Department of Public Health and Environment says.
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Shale learns to survive price war with OPEC 20.10.2016 Salt Lake Tribune
When the Organization of Petroleum Exporting Countries started its price war, the U.S. shale boom looked doomed. Two years and one OPEC policy u-turn later, executives at the annual Oil & Money conference in London painted an upbeat outlook for shale, with giants like Exxon Mobil Corp. and ConocoPhillips saying the industry hasn’t just survived the bust, but will continue to have a global influence. “We have confirmed the viability of a very large resource base in North America,” said Exxon Chie...
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The Business Of Climate Change 20.10.2016 Green on
We now can say we were alive when the world took the most significant steps ever to combat climate change. And here’s something that may seem surprising to some: Business and industry supported each and every step along the way. The weekend brought the latest move to curb greenhouse gases and global warming. In Rwanda, more than 170 countries agreed to cut deployment of one of the worst global warming chemicals around: hydrofluorocarbons (HFCs) used in air conditioners. As the New York Times pointed out, companies like air conditioning giant Honeywell and chemical maker DuPont were among the most active backers of the accord. See here for a list of major air conditioning-related companies that supported the Rwanda plan. The Rwanda deal came about a week after the ratification of what President Obama called “the best possible shot to save the one planet we’ve got .” The Paris Agreement on climate change was reached last December after unprecedented business support, including a demand for action by ...
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Colorado Voters Urged to Reject Measure That Would 'Shut Down Democracy' 20.10.2016 Headlines
Nadia Prupis, staff writer

Supporters of animals, the climate, and democracy itself are urging Colorado voters to reject an upcoming ballot measure backed by special interest groups that would stiffen requirements for amending the state's constitution—or, put another way, a ballot measure to end (some) ballot measures.

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Business Highlights 20.10.2016 Seattle Times: Business & Technology

___ Calif. AG leads criminal probe of Wells Fargo bank SACRAMENTO, Calif. (AP) — California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank committed false impersonation and identity theft in the sales practices scandal that rocked the bank and cost its CEO his job, documents released Wednesday […]
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U.S. indexes notch modest gains, oil prices rise 20.10.2016 Salt Lake Tribune
Oil and gas exploration companies led U.S. stocks modestly higher Wednesday, giving the market its second gain in two days. Energy stocks, already the best-performing category this year, got a boost from U.S. crude oil prices, which climbed to $51.60 a barrel, the highest level in 15 months. Companies that make consumer products were the biggest laggards. Investors brushed off new data showing residential construction slowed last month. Instead, the focus remained on the latest crop of companies...
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Stocks rise as crude oil climbs and companies report earnings 19.10.2016 LA Times: Business

Major U.S. stock indexes edged higher Wednesday morning as investors sized up the latest company earnings and new data showing residential construction slowed last month. Energy stocks led among the gainers as oil prices headed higher, while consumer-focused companies lagged the most.

The Dow Jones...

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After Lean Years, Big Oil May Emerge Stronger Than Ever 19.10.2016 NY Times: Business
The biggest oil producers are proving surprisingly adept at pumping profits, and oil, out of the ground.
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Midday Report: Wall St. Rises Along With Oil Prices 19.10.2016 NY Times: Business
Morgan Stanley stock rose after the bank reported earnings, especially from bond trading, that beat analysts’ expectations.
Canadian Supreme Court Prepares to Hear Inuit Case With Global Implications 19.10.2016 Truthout - All Articles
After years of struggle, the Inuit people of Clyde River will have their day in court on November 30. The case holds implications for Indigenous peoples across the globe fighting to control their land and resources from the predation of corporations and their governments. The sun sets behind Signal Hill, Newfoundland. (Photo: Chris Williams) Stories like this one depend on support from readers like you. If you like what you read at Truthout, please make a donation! On November 30, 2016, a case will come before the Canadian Supreme Court that will have momentous and potentially global implications. In April 2016 the Canadian Supreme Court, which hears only 5 percent of referred cases, agreed to judge an appeal brought by the Inuit community of Clyde River, Nunavut, against a five-year plan to carry out seismic blasting in Baffin Bay. The people who live in Clyde River, situated on Baffin Island, use the waters and ice of the Bay for hunting, a central component of their culture and primary source of ...
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U.S. stocks edge mostly higher in early trading 19.10.2016 Salt Lake Tribune
Major U.S. stock indexes edged mostly higher in early trading Wednesday as investors sized up the latest company earnings and new data showing residential construction slowed last month. Energy stocks led among the gainers as oil prices headed higher, while consumer-focused companies lagged the most. KEEPING SCORE: The Dow Jones industrial average gained 23 points, or 0.1 percent, to 18,185 as of 8:14 a.m. Mountain time. The Standard & Poor’s 500 index inched up less than a point to 2,139. The N...
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Stocks open higher as crude oil climbs 19.10.2016 LA Times: Commentary

Stocks are opening mostly higher on Wall Street, led by energy companies as the price of crude oil climbs.

Chesapeake Energy rose 3% shortly after the opening bell Wednesday, the biggest gain in the Standard & Poor's 500 index.

Morgan Stanley rose 1% after reporting earnings that beat analysts'...

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US stock indexes edge higher in morning trading 19.10.2016 Seattle Times: Business & Technology

Major U.S. stock indexes edged higher in morning trading Wednesday as investors sized up the latest company earnings and new data showing residential construction slowed last month. Energy stocks led among the gainers as oil prices headed higher, while consumer-focused companies lagged the most. KEEPING SCORE: The Dow Jones industrial average gained 52 points, or […]
Who's Digging In On The Dakota Access Pipeline? 19.10.2016 Views
Seth Gladstone

In case you hadn’t heard, resistance to the now-infamous Dakota Access oil pipeline project isn’t letting up. It’s only growing stronger. For months, the Standing Rock Sioux and allied indigenous tribes throughout the country have been actively but peacefully resisting construction of the pipeline, which would threaten the safety and sanctity of their sacred tribal lands.

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Brush fire burns at Aliso Canyon gas facility near Porter Ranch: 'We're hitting this hard and fast' 19.10.2016 LA Times: Commentary

A brush fire ignited Tuesday night at the Aliso Canyon natural gas storage facility above Porter Ranch, fanned by winds that reached nearly 40 mph, authorities said.

The fire was reported just after 9:15 p.m. in the 12800 block of Tampa Avenue, according to Erik Scott, a spokesman for the Los Angeles...

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Climate Change This Week: Looming Health Disaster, Clean Power Kites, and More! 19.10.2016 Green on
Today, the Earth got a little hotter, and a little more crowded. Saving BUB, Beautiful Unique Biodiversity, as in this asian pangolin, is another reason to preserve carbon storing forests. Pangolins everywhere are endangered. These prehistoric creatures are being vigorously hunted due to false rumors of their scales' healing powers. Source OO Warning To Forest Destroyers: This Scientist Will Catch You With his satellites that spot deforestation as it happens. Forests: the cheapest way to store carbon A Rarity That Could Soon Disappear Forever - the Saola of the mountain forests of Vietnam and Laos is extremely rare and unique, and was discovered from a skull found in a hunter's home. Source OO Hunting, Not Deforestation, Biggest Threat To Southeast Asian Biodiversity shows a new study. Forest animals are vital to the health of forests. Takeaways: animal populations have declined sharply at multiple sites across Southeast Asia since 1980, with many species now ...
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U.S. stocks rebound on earnings, oil rising 19.10.2016 Salt Lake Tribune
Surprisingly strong earnings from Netflix, UnitedHealth Group and other companies put investors in a buying mood Tuesday, driving U.S. stocks solidly higher. Health care stocks led the gainers. Materials, utilities and a broad swath of other companies also posted gains. Industrials and consumer-focused stocks notched the smallest gains. Energy stocks also rose as the price of crude oil recovered from an earlier slide. The rally wiped out the market’s losses from the day before. “We’ve had five c...
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Business Highlights 19.10.2016 Seattle Times: Business & Technology

___ Yahoo stumbles again in 3Q, raising stakes on Verizon deal SAN FRANCISCO (AP) — Yahoo stumbled through another rough patch in the third quarter, ramping up the pressure on the slumping internet company to complete its $4.8 billion sale to Verizon Communications. The results released Tuesday represented Yahoo’s first financial update since announcing in […]
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