User: flenvcenter Topic: Energy-National
Category: Fossil Fuels :: Oil and Gas
Last updated: May 06 2016 15:38 IST RSS 2.0
 
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Wildfire spurs surge in price of Canadian oil 6.5.2016 Salt Lake Tribune
The worst wildfire in Alberta history is boosting Canadian crude prices as oil companies evacuate workers and shut in output. Western Canadian Select, the benchmark for oil sands production, strengthened $1.35 to a $11.50-a-barrel discount to U.S. West Texas Intermediate on Thursday at 7:38 a.m. Calgary time, the smallest difference since July, data compiled by Bloomberg show. The absolute price rose $2.90 to $33.83 a barrel. Suncor Energy, Royal Dutch Shell, Cnooc’s Nexen, Husky Energy and Cono...
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Audi A4 brings more power, room, technology 6.5.2016 Salt Lake Tribune
The Audi A4 luxury sedan has been revamped from top to bottom for 2017 with a more powerful engine, new transmission and more room and technology inside. It also is one of the more technologically advanced compact sedans on the market with a new, optional feature called Traffic Jam Assist, which takes the burden off a driver in stop-and-go traffic, applying slight acceleration, braking and steering guidance when the car is stuck in traffic and speeds are less than 38 mph. Another optional featur...
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The Time Has Come to Turn Up the Heat on Those Who are Wrecking Planet Earth 6.5.2016 Commondreams.org Views
Bill McKibben

An interesting question is, what are you waiting for?

Global warming is the biggest problem we’ve ever faced as a civilisation — certainly you want to act to slow it down, but perhaps you’ve been waiting for just the right moment.

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Energy sector leads gains for U.S. stocks as oil rises 6.5.2016 Salt Lake Tribune
New York • U.S. stocks were slightly higher on Thursday, helped by a sharp drive up in the price of oil, which rose more than 3 percent. Investors are looking ahead to Friday’s closely watched jobs report. KEEPING SCORE: The Dow Jones Industrial Average rose 60 points, or 0.3 percent, to 17,712 as of 9:40 a.m. Mountain time. The Standard & Poor’s 500 index rose six points, or 0.3 percent, to 2,057 and the Nasdaq composite rose 15 points, or 0.3 percent, to 4,741. EARNINGS BEATS: On another heavy... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Exxon and FuelCell to study capturing carbon emissions 6.5.2016 AP Business
DALLAS (AP) -- Exxon Mobil and FuelCell Energy say that they will jointly work on technology to reduce the cost of capturing carbon emissions from power plants....
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'Three Amigos' summit likely to focus on trade and climate change 5.5.2016 rabble.ca - News for the rest of us
Like this article? rabble is reader-supported journalism. Chip in to keep stories like these coming. The next so-called "Three Amigos" summit will take place in Ottawa on June 29. CBC ...
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AP FACT CHECK: Bringing coal jobs back to Appalachia 5.5.2016 AP Politics
DALLAS (AP) -- Donald Trump says he would bring back lost coal-mining jobs, and he is positioning for the November election in big coal states by portraying Hillary Clinton as a job killer....
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Cost estimate of Los Angeles gas leak: $665M 5.5.2016 Salt Lake Tribune
Los Angeles • The estimated cost of a massive gas well blowout that spewed methane uncontrollably for nearly four months and uprooted 8,000 Los Angeles families has more than doubled to $665 million, Sempra Energy announced Wednesday. San Diego-based Sempra had estimated costs of $330 million in its annual report in February, but that was before courts forced its Southern California Gas Co. to continue paying to house thousands of relocated residents. The gas leak at the Aliso Canyon storage fac...
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Calling All Mothers in a Climate Crisis 5.5.2016 Green on HuffingtonPost.com
Sher Dillen Rangr, Abigial Dillen's son, during a recent family vacation (Abigail Dillen) Being a mother makes the future present. What day is there when you don't have a glimpse of your child as a grown-up? I am not a planner when it comes to my own life. I am bad at saving money -- that is, I generally don't. But I can see the smart, funny, capable 18-year old my son Sher will be, and so, I am evolving a new skill of saving so I can pay for college fifteen years from now. Shortly after Sher was born, a friend of mine told me, "You'll never sleep the same way again." And for the last three and three-quarters years, I haven't. I wake up in the middle of the night and worry about everything -- from the milk I forgot to pick up for tomorrow morning, to where Sher will go to school a year from now, to the fundamentally altered planet that he will live on as a man, maybe as a father. I hope it's not too late to preserve a world that is hospitable enough for humanism. What will happen if the oceans take ...
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Oil-Price Drop Vanquishes Cutting-Edge Projects 5.5.2016 Wall St. Journal: US Business
The world’s largest energy companies are sidelining big ideas, like ultra-deep water development, floating LNG factories and carbon-capture projects, that they touted just a couple of years ago as the future of the industry.
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Oil Industry Facing Collapse that Rivals Tech Bubble Burst 4.5.2016 CommonDreams.org Headlines
Nadia Prupis, staff writer

The bankruptcy wave hitting U.S. fossil fuel companies is evoking comparisons with the dot-com burst more than a decade ago, as the number of oil companies filing for creditor protection hit 59 this week, Reuters reports—a number that's "closing in on the staggering 68 filings seen during the depths of the telecom bust of 2002 and 2003."

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Sacramento is Thinking Big on Methane and Natural Gas 4.5.2016 Main Feed - Environmental Defense
By Amanda Johnson Year two of the California legislative cycle usually yields some bold policy ideas – and this year it looks like rethinking California’s relationship with methane and natural gas is on track to do just that. Given the fresh memories of the major methane pollution event at Aliso Canyon , the 20-plus bills introduced on the topic this legislative session – vastly more than in past years – aren’t surprising in the least. Moreover, 2016 could have a monumental effect on the methane and natural gas picture in the state for years to come. What is responsible for this sudden increase in efforts to change California’s relationship with methane and natural gas. The science is clear First, the science is clear, as methane, the primary component of natural gas, is responsible for about 25% of the manmade climate change we’re experiencing today. With temperature records being broken nearly daily (2015 was the hottest year on record, and February 2016 was the hottest month ever globally), the cat is ...
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Energy company: California gas leak to cost $665 million, more than double earlier estimates 4.5.2016 Seattle Times: Business & Technology

LOS ANGELES (AP) — Energy company: California gas leak to cost $665 million, more than double earlier estimates .
Ten things to know about the 2016 Alberta budget 4.5.2016 rabble.ca - News for the rest of us
Like this article? rabble is reader-supported journalism. Chip in to keep stories like these coming. On April 14, the Alberta government tabled its 2016-17 budget: Alberta Jobs Plan . Here are 10 things to know about it: 1. A new carbon tax (known as a "carbon levy") was ...
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How Dozens of Businesses, Cities and Other Non-State Initiatives Will Help Countries Deliver Their Climate Goals 4.5.2016 WRI Stories
How Dozens of Businesses, Cities and Other Non-State Initiatives Will Help Countries Deliver Their Climate GoalsAdd Comment|PrintWind turbines in California. Photo by Stuart Borrett/Flickr Attention to climate action has been high, especially two weeks ago when representatives from 175 countries signed the Paris Agreement, making it the most-signed international treaty in a single day. This week brings together another group of actors taking steps to curb climate change—those outside the UN... [[ This is a content summary only. Visit my website for full links, other content, and more! ...
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Can the Climate Movement Break Free From the "Jobs vs. Environment" Debate? 4.5.2016 Truthout - All Articles
Break Free protesters release balloons as part of a demonstration against climate change at the Ffos-y-fran Land Reclamation Scheme in South Wales on May 3, 2016. (Photo: Break Free ) For two weeks this May, organizers across 12 countries will participate in Break Free 2016, an open-source invitation to encourage "more action to keep fossil fuels in the ground and an acceleration in the just transition to 100 percent renewable energy." Many of the month's events -- pulled together by 350.org and a slew of groups around the world -- are set to take place within ongoing campaigns to shut down energy infrastructure, targeting "some of the most iconic and dangerous fossil fuel projects all over the world" with civil disobedience. The Break Free site's opening page invites viewers to "join a global wave of resistance to keep coal, oil and natural gas in the ground." And that's where some unions have taken issue. The United Steelworkers, or USW, this week released a response. "Short-sighted and narrow-focused ...
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Corporate earnings keep falling, but life signs exist 4.5.2016 Salt Lake Tribune
New York • Are we there yet? It’s another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk. Earnings at big U.S. companies are on track to tumble 6.4 percent in the first quarter, the worst since the financial crisis. That would also be the third straight decline in profits while revenue is on pace to fall for the fifth quarter in a row. Much of the blame lies in plunging oil prices and a sagging global economy. The beleaguered U.S. energy ...
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Oil Price Upheaval Hits Largest U.S. Refiners 4.5.2016 Wall St. Journal: US Business
Big refiners, the last holdouts of the energy bust, finally saw their roll come to a halt in the first quarter as the six largest reported first-quarter earnings that were down by roughly half compared with a year earlier.
Oil is below $44 before U.S. stockpile report 4.5.2016 Salt Lake Tribune
Oil tumbled to below $44 a barrel ahead of U.S. government data forecast to show nationwide crude supplies rose last week. Futures fell 2.5 percent in New York, declining for a third day after reaching a five-month high. Inventories are forecast to have increased by 750,000 barrels last week, according to the median estimate in a Bloomberg survey before an Energy Information Administration report Wednesday. Cushing crude supplies probably rose by 1.3 million barrels, according to a Bloomberg pro...
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Business Highlights 4.5.2016 Seattle Times: Business & Technology

___ Corporate earnings keep falling, but there are signs of life NEW YORK (AP) — Are we there yet? It’s another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk. Earnings at big U.S. companies are on track to tumble 6.4 percent in the first […]
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