User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: Aug 25 2016 07:06 IST RSS 2.0
 
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Stocks move lower in quiet trading; oil prices fall sharply 22.8.2016 LA Times: Commentary

Stocks are moderately lower Monday as the market drifts between small gains and losses. A drop in oil prices pulled energy companies lower. Investors were looking ahead to the Federal Reserve's event in Jackson Hole, Wyo., for clues on timing for possible interest rate hikes.

The Dow Jones industrial...

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Stocks fall early as oil prices decline 22.8.2016 Salt Lake Tribune
New York • Stocks were moving mostly lower in early trading Monday as investors looked ahead to the Fed’s meeting in Jackson Hole, Wyo. for clues on timing for possible interest rate hikes. A drop in oil prices pulled energy companies lower, along with the broader market. KEEPING SCORE: The Dow Jones industrial average lost 67 points, or 0.4 percent, to 18,487 as of 7:50 a.m. Mountain time. The Standard & Poor’s 500 index lost six points, or 0.3 percent, to 2,178 and the Nasdaq composite lost fo... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Stocks recover from an early loss; oil prices decline 22.8.2016 Seattle Times: Business & Technology

NEW YORK (AP) — Stocks erased an early loss and were mostly flat in midday trading Monday. Investors were looking ahead to the Fed’s meeting in Jackson Hole, Wyoming, for clues on timing for possible interest rate hikes. A drop in oil prices pulled energy companies lower. KEEPING SCORE: The Dow Jones industrial average edged […]
Blue Cities Battle Red States 22.8.2016 American Prospect
This article appears in our Summer 2016 issue. Subscribe here .  When Denton, Texas, passed a fracking ban in November 2014, it was national news. The story seemed out of a movie, a David-and-Goliath tale in which a scrappy band of citizens goes up against big industry and wins. Located in the heart of oil and gas territory, the town is hardly a liberal bastion; its state representative is a staunch conservative, and among its biggest annual events is the North Texas State Fair and Rodeo. But residents were watching gas drills come closer and closer to their parks and schools. Adam Briggle, a professor at the University of North Texas in Denton, found himself attending more and more meetings as he tried to understand the environmental impact of fracking, a process used to extract oil and natural gas from the ground. Tara Linn Hunter, a music teacher, found herself with debilitating adult asthma, a condition she attributed at least partly to pollution generated by the efforts to get natural gas. After the ...
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6 ways to personally divest from fossil fuels 22.8.2016 Small Business | GreenBiz.com
The world is changing, and you can change with it. Here are six easy steps to hasten the already rapidly approaching fossil-fuel-free world.
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Some Shale Drillers Return to Oil Patch 21.8.2016 Wall St. Journal: US Business
As the price of U.S. crude marches back toward $50-a-barrel territory, several big shale drillers are tiptoeing back into the oil patch, and that is making some energy experts nervous.
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Tunisia: On the Front Lines of the Struggle Against Climate Change 21.8.2016 Truthout.com
Kerkennah is a group of islands lying off the east coast of Tunisia in the Gulf of Gabès, around 20km away from the mainland city of Sfax. The two main islands are Chergui and Gharbi. When approaching the islands by ferry, one is struck by a curious sight: the coastal waters are divided into countless parcels, separated from one another by thousands of palm tree leaves. This is what Kerkennis call charfia, a centuries-old fishing method ingeniously designed to lure fish into a capture chamber from where they can be easily recovered. As the land is arid, agricultural activity is limited to subsistence farming. For the islanders fishing is one of the key economic activities, but for big multinational corporations it is the exploitation of oil and gas. Despite a new article in the Tunisian constitution stipulating state sovereignty over natural resources and transparency in the related contracts, oil and gas companies continue to garner obscene profits and enjoy impunity. At the same time, local communities ...
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Pemex woes snowball as production plunges 20.8.2016 Salt Lake Tribune
Petroleos Mexicanos’ deteriorating finances are poised to get much worse, signaling no end in sight to years of declining oil production. The company’s output may dwindle to about 1.6 million barrels a day by 2020, less than half its 2004 peak, because it lacks the technology and funds to revamp aging fields, Morgan Stanley analysts led by Martijn Rats said in a July 24 report obtained by Bloomberg. Pemex has had cash flow shortfalls for the past three years, and this year the gap will almost do...
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Oil posts biggest weekly gain since March 20.8.2016 Salt Lake Tribune
Oil capped its strongest weekly increase in five months after entering a bull market as investors weighed speculation that OPEC talks next month could lead to an output freeze, and U.S. inventories dropped. Futures rose 0.6 percent in New York. While OPEC is unlikely to reach a deal to freeze production, its plans to hold informal talks in Algiers next month “were the spark” behind oil’s rally, according to Morgan Stanley. U.S. crude inventories dropped the most in five weeks through Aug. 12, wh... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Amid Tribe's Protest, Construction Of Oil Pipeline In N. Dakota Halts — For Now 20.8.2016 NPR News
Members of the Standing Rock Sioux tribe says a crude oil pipeline set to span from North Dakota to Illinois could contaminate their drinking water and sacred lands.
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Stocks take small losses as energy companies slide 20.8.2016 Salt Lake Tribune
New York • U.S. stocks took small losses Friday to end a quiet week of trading. Energy companies fell as a rally in oil prices faded and investors continue to sell the safe assets they favored earlier this year. Technology and materials companies made small gains. Stocks were lower all day. While U.S. oil prices rose for the seventh day in a row, investors don’t appear to expect further gains and they sold energy company shares. Bond prices fell and yields climbed. The Dow Jones industrial avera... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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"A Bridge to Nowhere" Is a Vision of Fracking Future in the US 19.8.2016 Truthout - All Articles
To understand just how deeply entrenched our lawmakers are in industry groups like the American Petroleum Institute, look no further than Colorado and Virginia, two states with Democratic governors who have pretty much sold out their contituents to the oil and gas industry. An natrual gas well in Weld County, Colorado, in a photo taken on April 29, 2015. (Photo: Scott Branson ; Edited: LW / TO) To understand just how deeply our lawmakers have drunk the Kool-Aid brewed by industry groups like the American Petroleum Institute, look no further than Colorado and Virginia, two states with Democratic governors who have pretty much sold out their contituents to the oil and gas industry. John Hickenlooper and Terry McAuliffe have pushed natural gas as a "bridge fuel" so hard, they are paraded by industry ( and booed by activists ) as poster boys for fracking. If  McAuliffe has his way , his Virginia may soon be home to two gigantic pipelines transporting fracked natural gas across the state, seizing a 900-mile ...
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Feds, law professors: Judge wrong to block fracking rules 19.8.2016 Salt Lake Tribune
Cheyenne, Wyo. • A federal judge in Wyoming was wrong to block rules for hydraulic fracturing on federal land, a group of law professors and lawyers for the federal government said in new court documents. U.S. District Judge Scott Skavdahl of Casper ruled in June that the U.S. Bureau of Land Management lacks the authority to regulate fracking — a technique of injecting materials underground to increase energy production. The agency released rules last year that could require energy companies to ... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Business Highlights 19.8.2016 Seattle Times: Business & Technology

___ Self-driving Uber cars to carry passenger soon in Pittsburgh SAN FRANCISCO (AP) — Uber will soon start using self-driving cars to carry passengers in Pittsburgh, raising the stakes in the race to deploy autonomous vehicles. The ride-hailing company said Thursday that customers will be able to opt into the test program, which will use […]
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Stocks edge higher as oil prices rise; dollar weakens 19.8.2016 LA Times: Commentary

U.S. stocks again ticked higher Thursday as the continuing rebound in oil prices gave energy companies a lift. The gains were modest, however, as investors have been avoiding big moves. The dollar weakened further, and against the yen it's at its lowest in almost three years.

Stocks wobbled in...

Feds, law professors say judge wrong to block fracking rules 19.8.2016 Seattle Times: Top stories

CHEYENNE, Wyo. (AP) — A federal judge in Wyoming was wrong to block rules for hydraulic fracturing on federal land, a group of law professors and lawyers for the federal government said in new court documents. U.S. District Judge Scott Skavdahl of Casper ruled in June that the U.S. Bureau of Land Management lacks the […]
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U.S. stocks edge higher as dollar weakens 19.8.2016 Salt Lake Tribune
New York • U.S. stocks again ticked higher Thursday as the continuing rebound in oil prices gave energy companies a lift. The gains were modest, however, as investors have been avoiding big moves. The dollar weakened further, and compared to the yen, it’s at its lowest in almost three years. Stocks wobbled in the early part of the day, but energy companies were a standout as the price of U.S. oil reached its highest level since the beginning of July. The weakening dollar aided exporters includin... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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North Dakota pipeline construction halted until court date 19.8.2016 Minnesota Public Radio: Business
Here is what you need to know about the Dakota Access Pipeline and the protest.
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U.S. stocks higher as energy companies rise 18.8.2016 Salt Lake Tribune
New York • U.S. stocks are trading nearly flat Thursday as investors find little to stir the market out of its summer doldrums. At 10 a.m. Mountain time, the Dow Jones industrial average was flat at 18,572. The Standard & Poor’s 500 index was 2 points, or 0.1 percent, higher at 2,184. The Nasdaq composite was up 0.2 percent or 11 points at 5,240. Wal-Mart Stores climbed 1.5 percent after it raised its annual estimates and reporting strong second quarter profit. Cisco Systems fell after the netwo... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Stocks edge up as energy companies rise with oil prices 18.8.2016 LA Times: Business

Stocks were slightly higher Thursday as the continuing rebound in oil prices gave energy companies a lift. Healthcare stocks were trading lower as investors resisted making big moves. Retail giant Wal-Mart was rising after it reported strong second-quarter results and raised its annual estimates.

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