Energy

Happy Labor Day? Today marks the Highest Labor Day Gas Prices Ever

September 3, 2012

“Prices at the pump reached a national average of $3.83 Monday, according to AAA, setting a record high for a Labor Day. The previous Labor Day record of $3.69 was set in 2008.”

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Iranian Economy Minister Shamseddin Hosseini: India will maintain energy ties with Iran

September 1, 2012

“Iran held economic talks with some Arab members of the Non- Aligned Movement during a summit last week in Tehran, the capital.”

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Donald Trump: ‘Greedy’ OPEC could try and swing the U.S. Presidential Election by manipulating the price of Oil

August 29, 2012

“Billionaire real estate mogul Donald Trump suggested Tuesday that rising gasoline could alter the terrain of the upcoming U.S. presidential election, as he blasted the Oil and Petroleum Exporting Countries (OPEC) for driving up energy prices.”

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Venezuela extinguishes the massive fire at its Amuay Crude Oil Refinery

August 29, 2012

“At a press conference broadcast by radio and television, Ramirez said the fire burning at the last of three storage tanks that were in flames was completely put out around 7:15 am local time (11:45 GMT).”

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Analyzing and Simplifying the 2012 Republican Party Platform: Energy, Agriculture and the Environment

August 28, 2012

“We are the party of sustainable jobs and economic growth – through American energy, agriculture, and environmental policy.”

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Report: Japan moving away from nuclear power

August 27, 2012

“Motohisa Furukawa, Japan’s national policy minister, last week gave a broad hint of what a panel he chairs will recommend for a future energy policy in a report to be produced later this month.”

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Mitt Romney announces his Energy Plan during a campaign stop in New Mexico

August 23, 2012

“Mitt Romney unveiled an energy plan Thursday that would give states the power to determine whether drilling and mining should occur on federal lands within their borders as part of a larger effort to increase domestic oil, coal and natural gas production and achieve energy independence by 2020.”

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Federal Aviation Administration again rules that the Cape Wind Project off the Massachusetts coast poses no hazard to local airplanes

August 15, 2012

“The clearance is the fourth time the FAA has approved the $2.6 billion project since it was proposed for Nantucket Sound in 2001. The project aims to be the nation’s first offshore wind farm.”

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U.S. Wall Street Stocks ease upwards on Tuesday as stronger-than-expected U.S. retail sales meet rising oil prices

August 14, 2012

“The S&P 500 is within a stone’s throw of new four-year highs, leaving investors looking for new catalysts to move the market higher.”

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Livestock Farmers ask the EPA to waive production requirements for corn-based ethanol

August 9, 2012

“One consequence is that 40 percent of the nation’s corn crop now goes to ethanol producers, compared with 36 percent for feed. The rest is divided between processed food and exports.”

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Documents: President Obama was personally briefed on Solyndra’s failure

August 9, 2012

“About the same time, then-White House Chief of Staff William Daley resolved a dispute among administration officials over another project in the program, clearing the way for a $1.4 billion loan.”

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Iraq’s self-ruled Kurdish region signs agreement with South Korean companies to construct two power plants as part of an oil exploration deal

August 8, 2012

“A statement says the $700-million transaction calls for Posco Engineering and Construction Ltd. to build a 300-megawatt steam power generation plant in Irbil in three to six months, and a 400-kilovolt power transformer in Sulaimaniyah within eight months.”

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Scientists: Oil companies off Greenland’s shores may be basing their risk assessments on outdated environmental information

August 7, 2012

“While NASA estimates the event was in line with a 150-year cycle, the rapid thaw threatens to accelerate an increase in the number of icebergs.”

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Rasmussen Poll: 56% of likely voters think that loan guarantees for Solyndra were a bad idea

August 7, 2012

“Just 16% of Likely U.S. Voters believe it was a good idea for the government to provide loan guarantees for Solyndra. Twenty-eight percent (28%) are not sure.”

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India’s Electricity Infrastructure “is in a complete mess…. There is no transparency and no accountability whatsoever.”

August 2, 2012

“In a statement on national TV on Tuesday evening, Power Minister Sushil Kumar Shinde blamed the crisis on states taking more than their quota of power from the national grid.”

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