Tag Archives: energy

Axios reports: Elizabeth Warren is out with new plans to speed up offshore wind projects, expand marine sanctuaries, and bolster use of oceans to soak up carbon emissions. Driving the news: Those are three pillars of the far wider “Blue New Deal” — a riff on the “Green New Deal” concept — on ocean policy that the Democratic White House …

The Columbus Dispatch reports: Murray Energy Corp., the U.S. coal giant that had pressed the Trump administration for help, has filed for bankruptcy. The largest closely held coal miner in America failed to make multiple payments to lenders this month, prompting a deal with creditors that will see them make a “stalking horse” bid under Chapter 11 bankruptcy to exchange …

CNBC reports: Global oil prices spiked 20% when markets reopened on Monday, after a weekend attack on Saudi Arabia’s oil facilities suspended the production of 5.7 million barrels a day. That amounts to roughly 5% of the world’s total daily crude oil production. State-run oil company Aramco said in a statement that work was underway to restore production. The U.S. …

The Associated Press reports: Three Mile Island, site of the United States’ worst nuclear power accident, will begin a planned shutdown starting June 1 now that it is clear that it will not get a financial rescue from Pennsylvania, its owner said Wednesday. Exelon Corp.’s statement comes two years after the Chicago-based energy giant threatened to close the money-losing plant …

Axios reports: In a statement to Iranian news agency Shana on Thursday, Iran’s OPEC minister, Hossein Kazempour Ardebili, addressed President Trump, who has been demanding on Twitter that OPEC lower oil prices, directly, hoping to set the record straight: “Mr. President … OPEC has not defined oil prices for the past 30 years. Your tweets have driven the prices up …

CNN Money reports: Get ready for sticker shock at the gas station if you’re one of the estimated 41.5 million Americans hitting the roads this Memorial Day weekend. Gone are the days of $2-a-gallon gasoline. A spike in crude oil prices has lifted the national average price of gas by 31% over the past year, according to AAA. The rebound …

The New York Times reports: Since May, hackers have been penetrating the computer networks of companies that operate nuclear power stations and other energy facilities, as well as manufacturing plants in the United States and other countries. Among the companies targeted was the Wolf Creek Nuclear Operating Corporation, which runs a nuclear power plant near Burlington, Kan., according to security …

Romper recaps: As part of his campaign strategy, President Trump assured laid-off workers from some of the most environmentally destructive industrial jobs that he was committed to rolling back the EPA regulations that limited their work. Of course, reinvigorating the coal industry instead of investing in renewable energy sources could have devastating effects on the environment, so John Oliver addressed …

NPR reports on what to expect: Nuclear security is an area where Perry is likely to get questioned by senators, since he has had little experience with the topic. “DOE is fundamentally a science, technology and innovation organization,” wrote current Secretary of Energy Ernest Moniz in his Cabinet exit memo. Moniz is a nuclear physicist and his predecessor, Steven Chu, …

USA Today reports: U.S. Secretary of the Army Eric Fanning has informed tribal leaders that the Army Corps of Engineers will halt construction on the controversial Dakota Access pipeline, the chairman of the Standing Rock Sioux tribe said here Sunday. Dave Archambault II said the Army has denied the permit to bore under Lake Oahe, the reservoir behind the Missouri …

USA Today reports: President Obama announced Friday that his administration has rejected the Keystone XL Pipeline project after more than six years of review. “The State Department has decided that the Keystone XL pipeline would not serve the national interest of the United States,” Obama said, appearing at the White House with Secretary of State John Kerry and Vice President …

After many years of refusing to include LGBT employees in their anti-discrimination policies, ExxonMobil, the world’s largest energy corporation, has announced that it will comply with the executive order signed by President Obama just 48 hours ago. Via the Associated Press: Exxon, which according to government records won more than $480 million in federal contracts in 2013 and more than …

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This just hit my inbox: Dear Fellow Patriot, We need you to take action today to stop the EPA and President Obama from destroying our great nation. Unelected bureaucrats in Washington, D.C. are waging a war on affordable energy, and President Obama himself declared he would bankrupt the coal industry. The President has followed through on his promise; this is …

Back in 2007.

(Via – Andrew Sullivan)

The Sierra Club responds to those asinine “clean coal” ads.

Last year the oil and gas industry spent over $145 million to lobby Congress for legislation that would help their businesses. In completely unrelated news, ConocoPhillips, the #1 oil lobbying corporation, just announced record-breaking 2011 profits of $12.4 billion. Almost 90% of that profit was used to buy back stock shares to enrich their top investors. Some might says those …