User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: Jul 30 2015 24:49 IST RSS 2.0
 
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Why China Matters to Your Money 28.7.2015 Yahoo: Business
Red on U.S. stock screens Monday started after Chinese stocks took an 8.5% nosedive overnight. 
The Persistence of Change: Coal Gets Pushed Off the Podium 28.7.2015 Switchboard, from NRDC
Sierra Martinez, Legal Director, California Energy Projects, San Francisco: Government figures out today show that for the single month of April, history was made in the electric sector: For the first time, the amount of electricity generated from coal resources in one month was less than the amount generated...
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Three Ways The Energy Policy Act Ushered In The Frackopoly 27.7.2015 Commondreams.org Views
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Murkowski's Big Oil Giveaway: Profits Over People 27.7.2015 Switchboard, from NRDC
Franz Matzner, Director Beyond Oil Initiative, Washington, D.C.: This week the Senate Energy Committee will consider a bill that would simultaneously lift the decades old crude-oil-export ban and mandate drilling across a vast swath of the nation's publicly owned ocean waters from the Arctic to the Atlantic coast,...
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More Layoffs Expected at U.S. Energy Firms 26.7.2015 Wall St. Journal: US Business
U.S. energy companies are planning more layoffs, asset sales and financial maneuvers to deal with a recent, sudden drop in U.S. crude-oil prices to under $50 a barrel, the lowest level in four months.
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Road Hazard: How the "Embarrassing" Gas Tax Impasse Explains Washington 26.7.2015 Truthout - All Articles
In 1993, the Dow Jones industrial average was still well under 4,000, the best-selling car in the country was the Ford Taurus, and the average cost of a Major League Baseball ticket was under $10 . That was also the year that Congress last raised the federal tax on gasoline. The gas tax pays most of the tab for America's federal highway program; it's what we rely on for new highways and for the bridge repairs that keep us safe. Those costs go up every year, but the tax remains stuck at 18.4 cents per gallon. In fact, it's effectively going down: since it was last raised, those 18.4 cents have lost more than a third of their value to inflation, and at the same time drivers with fuel-efficient vehicles have been buying less gasoline, further reducing the federal take. As a result, the main US spending account for infrastructure has fallen deep in the red, and the gap gets worse every year. The government, through a series of funding tricks, keeps the Highway Trust Fund on life support with short-term ...
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Math Works Great—Until You Try to Map It Onto the World 25.7.2015 Wired Top Stories
A 115-year effort to bridge the particle and fluid descriptions of nature has led mathematicians to an unexpected ...
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Edison seeks proposals for solar, other renewable forms of energy 25.7.2015 LA Times: Business
Southern California Edison announced a proposal Friday to purchase almost 105 megawatts of renewable power as part of the utility's effort to meet state requirements for broader use of energy sources such as solar.
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#NPRreads: Electric Dylan, Fracking And The Iran Deal Deconstructed 24.7.2015 NPR News
Also this week, the world's most famous DJ you've probably never heard.
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Remember the Kalamazoo 24.7.2015 Green on HuffingtonPost.com
On July 25, 2010, a pipeline operated by Enbridge ruptured and dumped more than a million gallons of tar sands crude oil into Talmadge Creek near Marshall, Michigan. The creek is a tributary of the Kalamazoo River, and the oil spread downstream for 38 miles. Fortunately, the oil was stopped before it reached Lake Michigan. It was the largest inland oil spill in U.S. history. Why mark the fifth anniversary of this disaster tomorrow? Certainly not because an oil spill is a particularly unusual event. Between 1999 and 2010, Enbridge reported 804 spills of hydrocarbons across all its operations. Sooner or later, if you drill, you spill. But what this first great U.S. tar sands disaster, and its aftermath, have made impossible to ignore is just how dangerous tar sands oil is to humans and the environment. Within weeks, it was obvious that cleaning up the Kalamazoo would be far more difficult and expensive than anyone had imagined. Tar sands bitumen must be diluted to pump it through pipelines. Prior to the ...
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Energy sector may prove expensive even if results beat estimates 24.7.2015 Yahoo: Business
Oil prices have fallen at a much steeper clip than energy shares in the 13 months since June 23, 2014 - when oil prices hit a nine-month peak - keeping valuations high even as share prices have plunged. The S&P energy sector has fallen about 30 percent since then while oil prices have fallen 50 percent. With the energy sector's second-quarter earnings seen doing better than the prevailing consensus forecast for a decline of almost 59 percent from the year-ago quarter, according to a Thomson Reuters analysis, shares could get a ...
Why We Need Nuclear Power 24.7.2015 Mother Jones
This story was first published by CityLab and is reproduced here as part of the Climate Desk collaboration. Renewable energy has had a busy year. California and New York have adopted ambitious plans calling for 50 percent renewable energy by 2030. A group of Stanford and Berkeley scientists has put forth an even bolder vision—encouraging all 50 states to run on wind, water, and solar by 2050, without any nuclear energy or biofuels in the picture. New York City Mayor Bill de Blasio has announced his intention to go fully renewable with the city government's power, too. A world without any fossil fuel energy would be a much cleaner place for both people and the environment. Right now renewable energy accounts for just 13 percent of all US electricity. A significant increase in that share would lead to a major reduction in air pollution and its attendant diseases, not to mention the costs of climate change-induced flooding or wildfires. The lives, time, and property saved could be put to work tackling other ...
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Outrage over EPA emissions regulations fades as states find fixes 24.7.2015 Washington Post
HAZARD, Ky. — Even after years of talk about a “war on coal,” Senate Majority Leader Mitch McConnell startled some of his constituents in March when he urged open rebellion against a White House proposal for cutting pollution from coal-fired power plants.Read full article ...
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Canada Needs an Energy Strategy, But Not One Focused on Pipelines 24.7.2015 Green on HuffingtonPost.com
The national energy strategy just mapped out by Canada's premiers contemplates, among other things, how to speed up the approval process for interprovincial pipelines. Even as the agreement was being hashed out, however, attention was already turning to a burst pipeline at Nexen's Long Lake oil sands site that spilled 31,000 barrels of bitumen, sand and salty water into the surrounding muskeg. Talk about a symbolically bad omen. A major new pipeline project, as last week's spill on a much smaller line illustrates, carries any number of risks to the environment. As for an already glutted world oil market, the price of crude would seem to be talking loudly enough for even the most tone deaf of oil companies to hear. Investing in new oil sands projects to feed the slate of proposed pipeline projects makes little sense when market prices, particularly those for Western Canadian Select, are well below the amount needed to cover the costs of new projects let alone that of existing production. The premiers of ...
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Jeb Bush Wants to Eliminate All Energy Subsidies 24.7.2015 Mother Jones
The federal government spends several billion dollars each year subsidizing the oil and gas industry. These tax breaks are extremely unpopular with the American public, but they have considerable support from congressional Republicans, who have opposed the Obama administration's efforts to eliminate them. So it was a bit surprising when video surfaced yesterday of GOP presidential candidate Jeb Bush calling for an end to all energy subsidies, including for wind, solar, and oil and gas. You can watch it above. As the National Journal reported : "I think we should phase out, through tax reform, the tax credits for wind, for solar, for the oil and gas sector, for all that stuff," [Bush] said in New Hampshire on Wednesday, according to a video recorded by grassroots environmental group 350 Action. "I don't think we should pick winners and losers," Bush added, saying: "I think tax reform ought to be to lower the rate as far as you can and eliminate as many of these subsidies, all of the things that impede the ...
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Jeb Bush Wants To Cut All Energy Subsidies 23.7.2015 Green on HuffingtonPost.com
Republican presidential candidate Jeb Bush said Wednesday that if elected in 2016, he would cut subsidies for both fossil fuels and renewable energy. In a video  sent to The Huffington Post, an environmental activist with the group 350 Action asked Bush at a campaign event in Manchester, New Hampshire, if he would eliminate fossil fuel subsidies as president. The former Florida governor responded that he wants to eliminate "all of it." "I think we should phase out, through tax reform, the tax credits for wind, for solar, for the oil and gas sector, for all that stuff," Bush said. Bush added that he supports cutting all subsidies to allow the market to determine which energy sources work best for the country. "I don't think we should pick winners and losers," Bush said. "I think tax reform ought to be to lower the rate as far as we can and eliminate as many of the subsidies, all of the things that impede the ability in a more dynamic way to get where we need to get, which is low-cost energy that is ...
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Lifting the crude oil export ban undermines the transition to a clean energy economy 23.7.2015 Switchboard, from NRDC
Anthony Swift, Attorney, International Program, Washington, DC: The national debate over lifting the crude oil export ban is a damaging distraction from the urgent challenge of reducing our nation's carbon emissions and transitioning to a clean energy economy. The oil lobby and its Congressional allies argue that...
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Judge chides Vancouver port over oil-terminal project 23.7.2015 Seattle Times: Nation & World
A judge has chided the Port of Vancouver for contacting Gov. Jay Inslee about a proposed massive oil-handling facility in southwest Washington.
Cries of Betrayal, Calls to Organize as Obama Approves Arctic Drilling 23.7.2015 CommonDreams.org Headlines
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Recession, not fracking, responsible for drop in U.S. emissions 23.7.2015 TreeHugger
A new study finds a lower GDP per capita explains the reduction of carbon emissions better than the switch to natural gas.
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