User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Oct 21 2014 12:03 IST RSS 2.0
 
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Siding Spring observatory under threat from coal seam gas light pollution 21.10.2014 Guardian: Science

Astronomers warn light pollution from planned Santos coal seam gas developments in NSW may force Australias top observatory to close

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The good news about offshore oil rigs 21.10.2014 LA Times: Top News
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North Dakota well that leaked oil, gas, brine for more than 2 days contained 21.10.2014 Star Tribune: Nation
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U.S. ban should maintain its ban on crude oil exports 20.10.2014 Star Tribune: Business
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Emerson unveils expansions in Shakopee, Eden Prairie and Chanhassen 20.10.2014 Star Tribune: Business
Maker of wireless monitoring systems will hire over 500 in metro area.
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Low oil price means high anxiety for Opec as US flexes its muscles 19.10.2014 The Guardian -- Front Page
Motorists, airlines and industry are enjoying low energy costs, the US is relishing its reduced reliance on the Middle East and Opec is wondering how to reassert its authority

During a week of turmoil on the global stock markets, the energy sector played out a drama that could have even bigger consequences: a standoff between the US and the Opec oil-producing nations.

While pension holders and investors watched aghast as billions of pounds were lost to market gyrations, a fossil-fuel glut and a slowing global economy have driven the oil price down to a level that could save the world $1.8bn a day on fuel costs. If this is some consolation for households everywhere after last weeks hit on stock market wealth, it means pain for the Opec cartel, composed mainly of Middle East producers.

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India fuel reform puts diesel under market control 19.10.2014 AP Business
NEW DELHI (AP) -- India has deregulated prices for diesel fuel while raising the cost of natural gas in the biggest-yet economic reform announced by new Prime Minister Narendra Modi's government....
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India overhauls fuel regime, drops controls on diesel prices and hikes natural gas tariffs 19.10.2014 Star Tribune: World
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China, Vietnam patch ties after tense standoff over territorial disputes in South China Sea 18.10.2014 Star Tribune: World
Low oil prices please drivers but carry certain risks 18.10.2014 SFGate: Business & Technology
Benchmark U.S. crude oil peaked in late June at $107 after Islamic State fighters seized control of some cities in Iraq and seemed capable of disrupting exports from OPEC’s second-largest exporter. The weak global economic forecast, combined with a relatively strong one for the United States, raised the dollar’s value to a four-year high against other currencies. Because oil is priced in dollars, a stronger dollar makes oil more expensive and tends to reduce demand. The average prices of gasoline, heating oil, diesel and jet fuel are all on track to be the lowest in four years, giving drivers, travelers and fuel-hungry companies a break. U.S. natural gas prices fell even as the economy was recovering from the financial crisis. [...] increases in U.S. oil production have protected the U.S. economy by keeping fuel prices from soaring in recent years during a period of turmoil in the Middle East. The lower global economic growth that’s pulling down oil prices and U.S. stocks will also squeeze U.S. ...
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‘Peak Oil’ peaked and then some, so what’s next? 18.10.2014 Seattle Times: Business & Technology
Oil is still costly, a headwind to economic growth.
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Officials working to contain out-of-control well in North Dakota leaking oil, gas, water 18.10.2014 Star Tribune: Politics
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New rules could limit methane emissions’ effects on the atmosphere 18.10.2014 Washington Post: Editorials
THE OBAMA administration spent all summer mulling new measures to cut air pollution from the booming natural gas industry . Now federal officials are nearing a decision on whether and how to limit emissions from wells, storage tanks and other places from which gas can leak. Whether you believe that the country’s fracking boom is an economic godsend or an environmental disaster — or both — you should favor measures to limit the industry’s effects on the ...
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GE 3Q profit rises on strong performance from oil and gas, aviation divisions 17.10.2014 Star Tribune: Business
Predictions of 'peak oil' production prove slippery 17.10.2014 Minnesota Public Radio: Law & Justice
It turns out, oil demand is what peaked. Now prices are plunging, down around 25 percent since June. What did forecasters get so wrong?
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Predictions Of 'Peak Oil' Production Prove Slippery 17.10.2014 NPR News
Just a few years ago, authors were predicting production would soon hit a peak and then decline. But since then, supplies have surged. So are the forecasters now slapping themselves in the head?
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"More Money Than I Could Count": Mitch McConnell's Very Special Relationship With Lobbyists 17.10.2014 Mother Jones
There may be no Washington lawmaker cozier with K Street than Senate Minority Leader Mitch McConnell (R-Ky.). DC law firms and lobbying shops are stuffed with ex-McConnell staffers and pals. And he uses them well to preserve his power and position. As the conservative National Review reported , "McConnell has often exercised power in DC by pressuring major donors to withhold donations from a given lawmaker or organization. His allies on K Street are often the people who deliver this message and 'enforce' it." The stats below show just how close McConnell is with the well-heeled lobbyists of Washington, DC—a relationship that no doubt will serve both sides well, should the GOP win the Senate and McConnell become its majority ...
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As Oil Prices Fall, Who Wins And Who Loses? 16.10.2014 NPR News
Oil is down 25 percent since June, unleashing ripples around the globe that range from lower gas prices in the U.S. to budget problems in Russia to political pressures in the Middle East.
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As oil prices fall, who wins and who loses? 16.10.2014 Minnesota Public Radio: Business
With the prices down around 25 percent since hitting $112 a barrel in June, here's a roundup of the impact it's having worldwide.
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TV station: NY Gov. Andrew Cuomo interview nixed after it refused to limit questions to book 16.10.2014 Star Tribune: Nation
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