Tag Archives: energy

Nation’s Largest Private Coal Producer Goes Bankrupt

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 …

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Oil Prices Soar After Attack On Saudi Facilities [VIDEO]

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. …

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No Bailout: Three Mile Island To Finally Shut Down

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 …

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Iranian OPEC Minister Begs Trump To Stop Tweeting

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 …

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Gas Prices Have Spiked 31% Since Last Memorial Day

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 …

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Russia Suspected Of Hacking US Power Grid

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 …

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John Oliver Tees Off On Trump’s Coal Lies [VIDEO]

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 …

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LIVE VIDEO: Rick Perry’s Confirmation Hearing

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, …

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BREAKING: Feds Kill Dakota Access Pipeline [VIDEO]

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 …

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Obama Rejects Keystone Pipeline [VIDEO]

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 …

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TEXAS: ExxonMobil Agrees To Comply With LGBT Employment Executive Order

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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GOP: Stop The War On Coal

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Five Hours Of Gay

This is a real thing. Five Hour Gay is made using a patented process of careful extraction from Gay Coffee’s already 100% Gay Certified coffee beans, and is fortified with B vitamin and antioxidants. Additionally, a sugar-free, calorie-free Five Hour Gay is available, made with all natural Stevia extracts. “We know our Gay Coffee customers expect the highest quality ingredients …

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Astroturf Email Of The Day

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 …

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Romney Praised Hitler’s Coal Policy

Back in 2007.

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Remixed: TED 2012

(Via – Andrew Sullivan)

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Coal Companies Will Say Anything

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

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Swingrich Promises $2.50 Gas

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Top Oil Industry Lobbyists

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 …

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New From Obama 2012

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