Tag: natural gas

OPEC

Marcus: Trump’s Courage Could Free U.S. from OPEC

Bernie Marcus writes that President Trump’s National Security Strategy tells us that we must “embrace energy dominance” by “unleashing our abundant energy resources,” including natural gas. If we follow that course, we could break free of the stranglehold of OPEC.

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 …

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.

The Solitaire ship, that lays down an underwater natural gas pipeline in Finnish gulf, 200 km. (125 miles) west of St.Petersburg during Russian premier Vladimir Putin's visit to the ship, Russia, Monday, Sept. 20, 2010. The pipeline will link Russia's Baltic coast with that of Germany bypassing transit countries. (AP …

Israel, European Nations to Ink Gas Pipeline Deal

Israel and European nations will sign a memorandum of understanding on Tuesday to advance the construction of the world’s longest underwater gas pipeline, the financial news outlet Globes reported.

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.

Javad Zarif laughs at you (Carlos Barria / AFP / Getty)

Iran Adopting ‘Art of the Deal’ Strategy as Trump Takes Office

Iran is adopting Donald Trump’s Art of the Deal strategy by scrambling to sign Western energy deals as bargaining chips before confronting the President-elect, who once called the Iran nuclear deal “one of the worst deals ever made by any country in history.”

MEDITERRANEAN SEA, ISRAEL - FEBRUARY 2013: In this handout image provided by Albatross, The Tamar drilling natural gas production platform is seen some 25 kilometers West of the Ashkelon shore in February 2013 in Israel. (Photo Photo by Albatross via Getty Images)

Jordan Defends Israel Natural Gas Deal

Jordan on Monday defended its deal to buy Israeli natural gas that has stirred public opposition, insisting the accord would not leave the Arab country reliant on the Jewish state.

The price of oil has nose-dived more than 70 percent from all-time highs of $100 a barrel in mid-2014

Firm to Expand West Texas Energy Exploration with $2.5B Deal

ASSOCIATED PRESS — One of the largest oil producers in the U.S. is purchasing a privately-held New Mexico company and some of its subsidiaries in a $2.5 billion deal that will expand its footprint in major energy-producing basins in the West.

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.

© AFP/File Cristina Quicler

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.

In this handout image provided by Albatross, The Tamar drilling natural gas production platform is seen some 25 kilometers West of the Ashkelon shore in February 2013 in Israel.

Israeli Economy Standing Strong as it Develops Energy Sector

The Jerusalem Post reports: Israel’s natural gas discoveries could be key in transforming diplomatic relations in the region while boosting its growing economy, a number of experts said on Monday at the Jerusalem Post Annual Conference in New York.

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