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Oil

Energy Quote of the Day: "You're Handing a Bat to Your Opponents..."

August 30, 2014 by Jared Anderson

Climate Change and Political Ads

Tom Steyer the billionaire hedge fund manager turned enviro-political activist is spending big bucks to sway voters toward pro-climate-action democrats in the midterm elections this fall, but some are questioning the factual integrity of ads sponsored by Steyer’s super PAC NextGen.[read more]

U.S. Liquid Fuels Production Growth more than Offsets Unplanned Supply Disruptions

August 29, 2014 by U.S. EIA: Today in Energy

Production and Supply Disruption

Record-setting liquid fuels production growth in the United States has more than offset the rise in unplanned global supply disruptions over the past few years, although differences in quality and location suggest that the substitution may not be exactly 1-for-1.[read more]

Climate Scientists Spell Out Stark Danger And Immorality Of Inaction In New Leaked Report

August 29, 2014 by Joseph Romm
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Climate Science Report

The message from climate scientists about our ongoing failure to cut carbon pollution: The catastrophic changes in climate that we are voluntarily choosing to impose on our children and grandchildren — and countless generations after them — cannot plausibly be undone for hundreds of years or more.[read more]

Update on US Natural Gas, Coal, Nuclear, and Renewables

August 28, 2014 by Gail Tverberg
6

Fuel, Electricity, and the US

United States natural gas production leveled off in 2013, because of the low level of US natural gas prices. In 2013, there was growth in gas production in Pennsylvania in the Marcellus, but many other states, including Texas, saw decreases in production.[read more]

Huge Ponds Hold Tar Sands Sludge, And Great Risks

August 28, 2014 by Danielle Droitsch

Tar Sands Sludge Pools

On August 4, 2014, the catastrophic failure of a mining company's dam in British Columbia, Canada, released over two-and-a-half billion gallons of contaminated water and liquids from a containment pond into the upper Faser River watershed.[read more]

Breaking Free of Big Oil: Despite Oil Company Opposition, California is Moving Toward a Cleaner Future

August 26, 2014 by NRDC Switchboard
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California and Big Oil

The results of California’s latest cap-and-trade auction were released, marking another milestone in the state’s landmark climate and clean energy law, AB 32, which put limits on harmful climate pollution. But playing out in the background, the oil industry’s long-running campaign against AB 32 continues to escalate.[read more]

Energy Reform Could Increase Mexico's Long-Term Oil Production by 75%

August 26, 2014 by U.S. EIA: Today in Energy
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Mexico Energy Production

On August 11, 2014, Mexico's president signed into law new legislation that will open its oil and natural gas markets to foreign direct investment, effectively ending the seventy-five-year-old monopoly of state-owned Petróleos Mexicanos (Pemex).[read more]

Climate Change-Related Risks and Costs Exist Today

August 25, 2014 by Roman Kilisek

Climate Change Risk and Cost

The risk categories with climate change need to be distinguished: first, risks based on historical data tend to occur with some degree of frequency and therefore can be expected and accounted for. Second, risks that are utterly unexpected and exhibit sudden changes with negative impacts.[read more]

Let's Get to Work on a Strong Plan to Protect Floridians from Carbon Pollution

August 22, 2014 by NRDC Switchboard

Florida and Carbon Pollution Mitigation

Over the course of our campaign to encourage Florida Governor Rick Scott to develop a strong plan for meeting the Environmental Protection Agency’s Clean Power Plan standards, I have been heartened to hear about the efforts of so many in Florida to make reducing carbon pollution.[read more]

More Non-Nuclear Prescriptions from Shell

August 22, 2014 by Rod Adams
1

Shell and Nuclear Energy

Shell, one of the world’s largest natural gas and oil companies, is spending large sums of money creating and distributing beautifully produced ads aimed at convincing us all that natural gas can provide increasing supplies of clean electricity, clean heat, and clean transportation fuel.[read more]

Raising Gas Prices to Grow An Economy

August 19, 2014 by Lucas Davis

Gas Prices and Economies

Two weeks ago, Yemen increased gasoline prices from $2.20 to $3.50 per gallon, while increasing diesel prices from $1.70 to $3.40. These are significant increases. These reforms in Yemen bring the price of both fuels up to market levels.[read more]

Declining Air Quality in the Tar Sands Region: Is the Government Responding?

August 17, 2014 by Danielle Droitsch
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A new report released by the Alberta government reveals a concerning trend with declining air quality as a result of tar sands operations. While the report itself was just released, the air pollution information in the report is dated back to the year 2012.[read more]

Energy and the Economy: Twelve Basic Principles

August 16, 2014 by Gail Tverberg
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Energy Economic Principles

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My view of how energy and the economy fit together is very different.[read more]

America's First Oil Sands Producer and Other Natural Resources Surprises: Interview with Peter Epstein

August 16, 2014 by Jim Patrick

In 2011, CFA Peter Epstein left his senior analyst position at a $3B hedge fund and formed MockingJay Inc., a consultancy for companies in the natural resources space and an informal investment adviser to high-net-worth investors, family offices and funds.[read more]

The US Humanitarian Intervention in Iraq: The Oil and Water Angle

August 15, 2014 by Amy Myers Jaffe

The success of stated limited U.S. humanitarian goals for the latest intervention in Iraq could hinge on more than the fate of minorities trapped on top of the Mount Sinjar. That is because the Islamic State in Iraq and Syria (ISIS) has taken control of critical water and oil infrastructure including the Mosul Dam.[read more]