User: phantomvish Topic: Energy by Source
Category: Fossil :: All
Last updated: Oct 22 2014 23:00 IST RSS 2.0
 
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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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Gough Whitlam dies at age 98 21.10.2014 The Guardian -- Front Page

Prime minister for just three years, he brought in sweeping changes that transformed Australia and inspired a generation of progressive politicians

Gough Whitlam dies live reaction

Gough Whitlam, who was prime minister for just three years but became a defining political figure of modern Australia, has died aged 98.

Whitlams family said in a statement on Tuesday: Our father, Gough Whitlam, has died this morning at the age of 98.

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Natural gas expansion not enough to slow climate change 20.10.2014 New Kerala: Technology
Washington, Oct 20 : In a new study, scientists have found that natural gas alone was not enough to slow the growth of global greenhouse gas emissions worldwide.
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While Didcot B burned, renewable energy powered on 20.10.2014 Guardian: Environment

Fire at Oxfordshire power station is a reminder of the energy security risks of centralised fossil fuel power and that all energy sources suffer from intermittency

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Sens. Levin, Stabenow seek to block $97 million annual power rate hike for Upper Peninsula 20.10.2014 Star Tribune: Nation
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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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Accident results in Hesperus power outage 19.10.2014 Durango Herald
A tractor-trailer hit a utility pole on County Road 120 at about 9:30 a.m. Saturday, knocking the power out for about 40 customers in the Hesperus/Hay Gulch area.The driver was killed.“(The accident) probably happened because of a medical condition, but we’ll have to wait and see what the coroner says,”...
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Paul Bonnifield: Coal mining dying off 18.10.2014 Steamboat Pilot
Dear Editor, All the political bombast and ballyhoo about government regulations killing coal mining in Routt County is simply rancid political pollution. The hard fact is that Twentymile Mine is running out of coal. It has been in production for nearly 50 years. It was a strip mine during the earlier years, but it ran out of strippable coal, and the surface coal miners were replaced by underground miners. The underground mine survived by pioneering a unique long wall system. Throughout the years, millions of tons of coal were hauled down the railroad through Steamboat. Now, Twentymile’s underground mine, like the earlier strip mine, is about to die a natural death. The Dry Creek Mine near Hayden has received extensive development work, including a paved round about in the middle of nowhere. The Dry Creek Mine will never match the glory of the Twentymile mine. The new mine has significantly different mining conditions and management goals. Its intended principal market is the Hayden Power Plant. Shipping ...
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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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Fossil fuel divestment: climate change activists take aim at Australia's banks 18.10.2014 Guardian: Environment

A national day of divestment will see more than 1,000 bank customers switch their accounts away from the big four banks

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Fossil fuel divestments are putting the Abbott government on notice 18.10.2014 Guardian: Comment is Free
ANUs decision to end investment in fossil fuels is democracy up against crony capitalism The decision by the Australian National University to end its investment in fossil fuels is a bellwether moment for Australia. Its democracy up against crony capitalism, science up against ideology and renewable energy against the old polluting industries. Tony Abbotts derision of ANU as stupid is a raw ideological refusal to face three key ...
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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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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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Jenkins Ads Mislead on Carbon Tax, Coal 18.10.2014 FactCheck
Two highly misleading ads from Republican Evan Jenkins leave the false impression that Rep. Nick Rahall is responsible for higher electric rates and personally profited from his votes in Congress.
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Aecom finalizes $6-billion acquisition of engineering design rival URS 17.10.2014 LA Times: Business
Los Angeles engineering design firm Aecom Technology Corp. finalized its acquisition of rival URS Corp. Friday, completing a $6-billion deal that makes it the largest publicly traded company in Los Angeles.
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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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