Filed under: Uncategorized | Tags: congress, Cory Gardner, energy, energy exports, gas, gas exports, LNG, Mark Udall, Natural gas, Race to the Stupid, Udall
The U.S. House Energy and Commerce Committee’s decision today to approve Rep. Cory Gardner’s bill aimed at increasing liquified natural gas exports has Republicans crowing because his November opponent, Democrat Mark Udall, plans to introduce an identical bill in the Senate.
Filed under: Uncategorized | Tags: climate change, CO2, coal, coal-fired plants, emissions, energy, EPA, EPA rule, greenhouse gases, Natural gas
…on that whole renewable energy thing, let alone make real changes.
WASHINGTON – The Environmental Protection Agency said Friday that it would delay issuance of a new rule limiting emissions of carbon dioxide and other greenhouse gases from new power plants after the electric power industry objected on legal and technical grounds.
The rule, proposed a year ago and scheduled to be finalized on Saturday, would have put in place the first restrictions on climate-altering gases from the power sector in the United States. Agency officials said it would be rewritten to address the concerns raised by the industry, which said that strict new carbon standards could not be met using existing technology.
If we did start moving in the right direction, people would complain bitterly about the ‘inconveniences’ caused.
Filed under: Uncategorized | Tags: bailout, Brussels, CH4, Cyprus, ECB, energy, EU, euro, Gazprom, Israel, Lebanon, Levant, Levant Basin, Leviathan, Natural gas, Russia, Syria
Cyprus has known from the beginning that its bailout is tied to its potential petrol dollars, while the EU has attempted to couch this in all manner of moral-high-ground rhetoric.
What will the EU do now? Will it bail Cyprus out on kinder terms to keep Russia from getting hold of the island’s gas? Monday is D-Day: This is the deadline the European Central Bank has set for Cyprus to come up with $6 billion in order to “qualify” for a bailout package.
Cyprus is playing Russia and the EU offer each other right now, hoping to bring the specter of a deal with Russia close enough to make Brussels blink and give Cyprus more negotiating power.
Watch the deals in progress with this in mind: Not only is Cyprus’ financial collapse at stake here. Also at stake is Russia’s monopoly on the European gas market and the Europe’s entire gas future.
via Oilprice.com: EU Caught Playing Dirty and it’s all about Russian Gas.
Filed under: Uncategorized | Tags: Bakken, CH4, fracking, horizontal drilling, Natural gas, natural gas flaring, North Dakota, oil production, shale oil, taxes, tight gas, tight oil
Rampant waste and environmental degradation have been part of the Bakken boom. The state doesn’t care about that, but it wants its taxes.
Helms estimates that about 30% of the gas produced in the state is flared, since development of takeaway infrastructure has not matched the pace of drilling.
Producers are currently allowed to flare gas for a year without paying royalties. The new bill would extend that tax-exempt period for two more years if an operator can collect at least 75% of the produced gas.
Filed under: Uncategorized | Tags: cost of extraction, energy, Kurt Cobb, Natural gas, oil production, peak oil
Here and there on occasion. Kurt Cobb in the CSM:
Currently, there appears to be no new transformative on-the-shelf technology that will significantly reduce the cost of extracting oil and natural gas. And so, barring a deep economic depression, we can look forward to prices for oil and natural gas that are consistently above the cost of production and therefore far above the bizarrely low forecasts in the air today. In fact, we should expect costs to continue to escalate as we seek out resources that are ever more difficult to extract and refine.
Filed under: Uncategorized | Tags: COGC, Colorado Oil and Gas Association, energy production, Frackenlooper, fracking, fracking ban, Hickenlooper, Longmont, Natural gas, shale oil, tight gas, tight oil
This report in the NYT doesn’t mention that our governor Frackenlooper has all but joined the suit in an attempt to overrule the voters of Longmont. If he plays his Weasel Cards right he’ll be a cabinet member some day.
The lawsuit, filed on Monday by the Colorado Oil and Gas Association, seeks to overturn the ban on the contentious practice that passed by a wide margin last month in the northern Colorado city of Longmont. The measure, the first of its kind in the state, still allows oil and gas drilling within city limits, but it prohibits hydraulic fracturing, which has lifted energy production across the country but has raised concerns about air and water contamination.
Filed under: Uncategorized | Tags: Arctic Ocean, energy trade, Finnmark County, icebreakers, Japan, Japanese LNG imports, LNG, LNG trade movements, Melkoya, Natural gas, northern route, Ob River, sea ice, shipping routes
Gas tanker the “Ob River” took the cargo aboard at Melkøya, Finnmark County, on 7 November. The ship is now lying outside one of Japan’s major LNG terminals in Japan waiting to unload 134,738 cubic metres of liquefied natural gas.
He estimates the sailing season in the north lasts from the very end of July to the first half of November.