U.S. shale oil boom grinds to a halt as OPEC keeps pumping
The shale oil boom that turned the U.S. into the world’s largest fuel exporter and brought $3 gasoline back to America’s pumps is grinding to a halt.
Archive for month: June, 2015
Is gas a weapon in the fight against climate change?
The bosses of the four biggest polluting companies in history talking about how they can help solve global warming may seem like the height of hypocrisy.
Public comment period for EPA’s ethanol standards to begin Wednesday
The public comment period for the Environmental Protection Agency (EPA)’s proposed ethanol blending standard three years will formally begin Wednesday.
Why U.S. oil companies clash with EU peers on global warming
The fight against climate change has opened a trans-Atlantic rift in an industry often seen as a monolith — Big Oil.
G7 leaders agree to phase out fossil fuel use by end of century
The G7 leading industrial nations have agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century, the German chancellor, Angela Merkel, has announced, in a move hailed as historic by some environmental campaigners.
Iraq to form special ‘oil army’ to fend off ISIS threat
Iraq is mobilizing a 27,000 strong army of security personnel to protect its oil and energy facilities from attacks by Islamic State insurgents.
New research suggests global warming is accelerating
As humans emit more greenhouse gases like carbon dioxide into the atmosphere, the Earth continues to warm. When I use the term “warm”, I mean there is an increase in thermal energy (heat) contained in the oceans and atmosphere of this planet.
OPEC, keeping quotas intact, adjusts to oil’s new normal
The Organization of the Petroleum Exporting Countries agreed to keep the oil pumping, with no change in its production quotas, at the group’s meeting in Vienna on Friday.
Grassley: Same old story, biofuels under attack
Those of us from states that produce ethanol and biodiesel are used to the attacks. We always fight back, and producers continue to do their best to develop the next generation of clean biofuels. Consumers like biofuels. The idea of a homegrown product that reduces emissions harmful to the environment and brings the United States freedom from volatile oil-producing countries is appealing.The EPA should know this.
EPA study of fracking finds ‘no widespread, systemic’ pollution
Hydraulic fracturing has contaminated some drinking water sources but the damage is not widespread, according to a landmark U.S. study of water pollution risks that has supporters of the drilling method declaring victory and foes saying it revealed reason for concern.
