User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Oct 24 2014 24:14 IST RSS 2.0
 
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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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Falling oil prices shake up global economies 16.10.2014 Seattle Times: Top stories
A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.
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Falling oil prices shake up global economies 16.10.2014 Seattle Times: Nation & World
A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.
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Landowners sue over fracking delay 16.10.2014 Chicago Tribune: Business
Landowners in Southern Illinois are suing Gov. Pat Quinn and the head of the Illinois Department of Natural Resources, saying the state's delays in issuing permits for horizontal hydraulic fracturing are ...
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Falling oil prices shake up global economies 16.10.2014 AP Business
NEW YORK (AP) -- A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years....
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Study: Natural gas surge won't slow global warming 15.10.2014 AP National
WASHINGTON (AP) -- Cheap and plentiful natural gas isn't quite a bridge to a brighter energy future as claimed and won't slow global warming, a new study projects....
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Pentagon Reportedly Hushed Up Chemical Weapons Finds In Iraq 15.10.2014 NPR News
The New York Times reports that between 2004 and 2011, American troops repeatedly encountered chemical weapons caches dating from the Iran-Iraq war. At least 17 U.S. service members were injured.
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The Race to Reclaim Louisiana's Vanished Land Back From the Sea 15.10.2014 Mother Jones
This story originally appeared in The Guardian and is republished here as part of the Climate Desk collaboration. The GPS showed David Morgan still on dry land—but the waves bumping beneath his boat revealed the reality of this lost Louisiana landscape. Rising seas have obliterated 30 points on the map in the last three years at Plaquemines Parish where Morgan lives. Sugarcane fields, citrus groves, backwoods—all gone. "This was all land here when I was a kid. There was no water anywhere," said Morgan, 57, slowing the boat to pass oyster beds. "I used to hunt rabbits there with my dog," he said. Louisiana is losing land to the sea faster than anywhere else in the world. But the authorities say they have a plan to turn back the seas—and get BP to pay a substantial share of the $50 billion cost out of criminal penalties from the blowout of its well in the Gulf of Mexico . The plan includes proposals for more than 100 engineering projects along the coastline, diverting the Mississippi, dumping fresh sand on ...
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Winners and losers from oil price plunge 15.10.2014 Financial Times: Popular
Brent crude at $80 would have effect of huge global QE programme
Oil prices plunge as production rises, fueling concern in OPEC 15.10.2014 Washington Post

The roller-coaster ride of oil prices is speeding downward, carrying with it bickering members of OPEC, anxious U.S. shale oil producers and a Russia that relies heavily on petroleum revenue.

With a weak global economy, the customary swing producer of oil — Saudi Arabia — has cut prices instead of cutting production, setting off a scramble on world markets. Crude oil prices have tumbled more than 23 percent since June, including a more than 4 percent drop Tuesday. Prices fell below four-year lows to wind up at $81.84 a barrel for the benchmark grade, West Texas Intermediate.

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Love cheap gas? Well, there may be a downside 15.10.2014 Durango Herald
NEW YORK – If you’re a driver, a shipper or an airline, low oil prices sure feel nice. But, there are downsides to the recent plunge in oil prices – for the oil industry and for the economy.Low fuel prices can help boost economic growth by reducing fuel bills and leaving consumers and companies with more money to...
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The many uses of drones 15.10.2014 CNN: Top Stories
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