A Quick Whirl Around the Fracking World: December 11, 2014

By: Thursday December 11, 2014 6:30 pm

Oil and heavy metals contamination in the Peruvian Amazon *Worldwide.  At the UN Conference in Lima, Catholic bishops from “Africa, Asia, Latin America and Europe” say “it’s the poorest people who are impacted the most, despite the fact they’ve contributed the least to causing [climate change].  They’re the ones who respect the planet, the Earth, [...]

 

Texas City Cites “Public Nuisance” in Response to Lawsuit Against Fracking Ban

By: Friday December 5, 2014 11:16 am

Attorneys representing Denton, Texas, the first city to ban hydraulic fracturing (“fracking”) in state history, have issued rebuttals to the two lawsuits filed against Denton the day after the fracking ban was endorsed by voters on election day. Responding to lawsuits brought by attorneys with intimate Bush family connections — with complaints coming from both the Texas General Land Office and the Texas Oil and Gas [...]

“I Hate That Oil’s Dropping”: Why Mississippi Governor Phil Bryant Wants High Oil Prices for Fracking

By: Wednesday November 26, 2014 6:02 pm

Outgoing Interstate Oil and Gas Compact Commission (IOGCC) chairman Phil Bryant — Mississippi’s Republican Governor — started his farewell address with a college football joke at IOGCC’s recent annual conference in Columbus, Ohio.
“As you know, I love SEC football. Number one in the nation Mississippi State, number three in the nation Ole Miss, got a lot of energy behind those two teams,” Bryant said in opening his October 21 speech. “I try to go to a lot of ball games. It’s a tough job, but somebody’s gotta do it and somebody’s gotta be there.”

Seconds later, things got more serious.

A Quick Whirl Around the Mining and Fracking Worlds: 25 Nov 2014

By: Tuesday November 25, 2014 5:02 pm

*AK. The Pebble Mine is back in the news as a federal judge “temporarily blocked” the EPA’s efforts to stop the mine, following Northern Dynasty Minerals’ objections to the process.

A Quick Whirl Around The Fracking World: 20 Nov 2014

By: Thursday November 20, 2014 6:12 pm

*USA. “A two-year Senate investigation of the financial sector has found that banks can meddle with the economy in new and frightening ways”. Deregulation resulted in banks buying commodities, owning mines, a “fleet of 100 oil tankers”, “31 power plants” and more.

A Quick Whirl Around The Fracking World: 13 Nov 2014

By: Thursday November 13, 2014 6:00 pm

*Worldwide. Governments spend $88 billion/year subsidizing oil, gas and coal companies. Subsidies by country include: $5.2 billion – US, $3.5 billion – Australia, $2.4 billion – Russia and $1.2 billion – UK. $1.4 billion spent by the US is for “exploration in Columbia, Nigeria and Russia” while Russia subsidizes “exploration in Venezuela and China” while China subsidizes exploration in “Canada, Brazil and Mexico.”

Bush Family and Inner Circle Play Central Role in Lawsuits vs. Denton, Texas Fracking Ban

By: Friday November 7, 2014 12:56 pm

On November 4, Denton, Texas, became the first city in the state to ban the process of hydraulic fracturing (“fracking”) when 59 percent of voters cast ballots in favor of the initiative. It did so in the heart of the Barnett Shale basin, where George Mitchell — the “father of fracking” — drilled the first sample wells for his company Mitchell Energy.

As promised by the oil and gas industry and by Texas Railroad Commission commissioner David Porter, the vote was met with immediate legal backlash.

A Quick Whirl Around The Fracking World: 6 Nov 2014

By: Thursday November 6, 2014 5:30 pm

*USA. Will the Republican majority in the US Senate pass a filibuster-proof bill approving the Keystone XL pipeline? Sen. John Hoeven (R, ND) says they will, and soon. Btw, the overall cost of TransCanada’s Keystone XL is now an estimated $8 billion. Update: During his post-election news conference, President Obama made some intriguing comments about the Keystone XL pipeline: “There’s an independent process. It’s moving forward.” He referred to the NE lawsuit that’s supposed to be decided in the new year. Obama also mentioned concern for climate change, and that “this is Canadian oil, this isn’t U.S. oil.” To him, Keystone is “one small aspect of a broader trend”.

A Quick Whirl Around The Fracking World: 30 Oct 2014

By: Thursday October 30, 2014 6:45 pm

*US. Fracking has resulted in the “highest level in at least three decades” of US crude oil production, with 379.7 million barrels of oil now stored. An industry spokesperson, however, said, while they’re “still optimistic about shale growth”, 2014 is likely to be a peak year.

Drilling Deeper: New Report Casts Doubt on Fracking Production Numbers

By: Monday October 27, 2014 4:15 pm

By calculating the production numbers on a well-by-well basis for shale gas and tight oil fields throughout the U.S., Post Carbon concludes that the future of fracking is not nearly as bright as industry cheerleaders suggest.

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