Tag: natural gas

FILE - This June 27, 2017, file photo shows an oil rig at sunset in Midland, Texas. President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers. But in the year since Trump’s inauguration, most economists tend to agree on this: The economy has essentially been the same sturdy one that he inherited from Barack Obama. (Steve Gonzales/Houston Chronicle via AP, File)

Saudis Planning $10B Investment in Texas

Saudi oil executives inked multi-billion dollar deals with companies to explore building petrochemical facilities along the Texas Gulf Coast. Essentially, they hope to capitalize on the U.S. oil and gas boom, largely fueled by shale drilling in the Permian Basin.

AP Photo

Wealthiest U.S. County Located in Texas

When one thinks of the richest regions of the United States, the opulence of Rodeo Drive in Beverly Hills, the high-end lifestyle of New York’s Tribeca, and the high-tech high life of the Silicon Valley may come to mind, but when ranking the wealthiest counties in the nation, the top spot went to an unassuming, small, south Texas locale.

Ivanpah (Joel Pollak / Breitbart News)

Solar Inconvenient Truth: Ivanpah Plant a Big Fossil Fuel User

The BrightSource Ivanpah Solar Electric Generating Facility, which uses 320,000 mirrors to create thermal energy, still qualifies under state rules as an alternative energy source, despite using about 1.4 billion cubic feet of natural gas a year, according to a report by the Press Telegram.

For the Rich, Green Greed Is Good: From the Enclosure Acts to Eminent Domain

A New International Example for Bad Energy Policy

If a country’s goal is to decrease carbon emissions by increasing reliance on renewable energy, it only makes sense to install the new equipment in the location with the best potential—both in geography and government.

Solar Energy Lobby’s Texas Goals Clouded by Bankruptcies

A leading solar power lobbying organization’s promises of growth in Texas continue to sit under a cloud of economic challenges. Amid cheap natural gas prices and established wind farms in much of the solar-friendly regions, solar panel arrays are proving a tough sell.

Oil jumpjack (Hasan Jamali / Associated Press)

El Niño, La Niña, and Natural Gas

Death Valley, California, is known as “the hottest place on earth.” But, if you hear the news that the “Hottest Place on Earth Has Record-Breaking Hot June”—when “temperatures exceeded average June temperatures by about 6 °F”—it might be easy to ascribe the heat to alarmist claims of climate change. As Southern California experienced power outages due to a heat wave, Death Valley hit 126 °F—though the previous June high reached 129 °F on June 30, 2013, and it holds the highest officially recorded temperature on the planet: 134 °F on July 10, 1913.

AP Photo

Netanyahu Defends Natural Gas Deal in Israeli Supreme Court

JERUSALEM, Feb. 14 (UPI) — Israeli Prime Minister Benjamin Netanyahu made an unprecedented appearance in his country’s Supreme Court Sunday to defend a controversial natural gas extraction deal with U.S. and Israeli investors. The deal, signed in December between Israel

AP Photo

Israel Lawmakers Snub Netanyahu Plan To Tap Major Gas Field

JERUSALEM (AFP) –  An Israeli parliamentary committee refused to give its blessing Monday to a natural gas deal aimed at tapping a huge field in the Mediterranean despite a strong push by Prime Minister Benjamin Netanyahu. The 7-6 vote against the

Poll: ‘Climate Change’ Remains Very Low Priority For Voters

Yet another in a very long string of state and national polls shows that “climate change” is not a high priority for voters, and they haven’t paid much attention to the latest climate confab in Paris, which had a carbon footprint bigger than a thousand normal Americans living average lives for an entire year.

Iran Sanctions Relief Will Break Russia’s Gas Monopoly

With sanctions about to be lifted, Iran unveiled a “new model” for a 25-year joint-venture oil and gas production contract on terms favorable to foreign companies in an effort to recruit $100 billion in foreign capital to break Russia’s natural gas monopoly in Europe.

Mexican Energy Boomtown Residents Flee, Blame Government for Violence

When the Mexican government announced the deregulation of its energy sector, many in the industry anticipated a rush to exploit Mexico’s rich hydrocarbon and gas deposits. People living in the Mexican energy boomtown in the Juárez Valley southeast of Ciudad Juárez and El Paso, Texas, allege that land speculators preparing for the start of oil and gas production have spurred a land grab that has forced what some claim is an exodus of local residents.

American Export To Canada: Left-Wing Advocacy

The Ford, Tides, and the William and Flora Hewlett Foundation have granted tens of millions of dollars to left-wing political agitation groups in Canada in recent years. The beneficiary groups vary in their focuses of public policy prescriptions. The ostensible objectives of these groups, as indicated by their self-descriptions, include advocacy for “clean energy transition,” “ecological and equitable choices,” “restor(ing) and preservin(ing) the environment,” “social, economic, and environmental justice” and “indigenous sovereignty.”

Mexico’s Energy Reform Is Rolling, Albeit with Training Wheels

Mexico’s President Enrique Peña Nieto reformed his country’s energy policy and invited outside intelligence and investment to boost slumping oil output. In late 2013, he amended the Constitution to allow private and foreign companies to explore and produce oil and gas in Mexico—for the first time in nearly eight decades. The amendments put an end to the government monopoly. Nieto hopes his reforms will bring in $50 billion in investment by 2018.

Texas Governor Signs Bill Banning Fracking Bans

Texas Governor Greg Abbott has signed into law House Bill 40, which restricts cities and towns from imposing local ordinances that regulate oil and gas drilling, or attempt to ban fracking operations. The new law became effective immediately on Monday, May 18.