Archive for June, 2015
Chemical Activity Barometer: More American economic growth coming?
Chemical Activity Barometer shows acceleration of activity following winter freeze An important leading economic indicator – Chemical Activity Barometer – took another tick upward in June, perhaps foreshadowing significant growth for the American economy in the near future. The Chemical Activity Barometer (CAB), is derived from a composite index of chemical industry activity and has been found to […]
Shell Canada, Capital Power welcome Alberta’s new carbon emissions rules
Shell Canada president says economic growth demands environmental leadership At least two big carbon emitters have given the thumbs-up to Alberta’s plan to strengthen its greenhouse gas rules over the next 18 months. Capital Power (TSX:CPX) CEO Brian Vaasjo cheered the changes at a news conference alongside Environment Minister Shannon Phillips on Thursday, saying more […]
Lower EPA renewable fuel standards slammed by two governors
EPA renewable fuel standards reduced due to infrastructure inadequacies A plan to reduce the amount of renewable fuels required in the U.S. gasoline supply drew heated condemnation of the petroleum industry Thursday from two governors who said health of the ethanol industry is vital to their states’ economy. Hundreds of people took turns reading prepared […]
Drug cartels, terrorists crossing Texas border along pipelines – TRCC
Railroad Commission inspectors can carry firearms, use buddy system, receive satellite phones The Texas Railroad Commission is taking steps to beef up safety and security for its employees working in South Texas near the border. Railroad Commission Chairman David Porter says the federal government has been “ineffective in preventing illegal activity along the border” in recent […]
Coal fired power plants carbon pollution reduction plan targeted by GOP bill
No national limits on carbon pollution from power plants WASHINGTON – Defying a White House veto threat, the Republican-controlled House approved a plan Wednesday to block a key element of President Barack Obama’s strategy for fighting climate change. Lawmakers voted 247-180 to support a bill allowing states to opt out of the Obama administration’s plan to limit […]
North Dakota reservation looks to regulate, monitor oil activity
North Dakota Reservation accounts for one-third of state’s oil production Tribal leaders from an oil-prolific portion of North Dakota’s Fort Berthold Reservation say they can’t count on federal or state regulators, or their own tribal government, to monitor the boom, so they are moving to do it themselves. Industry officials question whether the tribe has […]
Bureau of Land Management must delay new fracking rules – judge
Final ruling on Bureau of Land Management rules expected in August New hydraulic fracturing rules from the Bureau of Land Management will not take effect today after a judge ruled against the federal government Tuesday. U.S. District Court of Wyoming Judge Scott Skavdahl granted a stay of the new rule after the states of Wyoming, North Dakota, […]
Staff at Refugio oil spill site unreachable, company unable to alert feds
Staff at Refugio oil spill trying to build berm to slow oil’s spread As thousands of gallons of crude oil from a ruptured pipeline spread along the California coast, its operator was unable to contact workers near the break to get information required to alert federal emergency officials, records released Wednesday said. Personnel for Plains All […]
Iran oil: Looking to regain market share if sanctions lifted
Latest demands complicate potential return of Iran oil to international markets With a potential deal on nuclear research only a week away, world markets are bracing for the return of more than a million b/d of Iran oil, according to the US Energy Information Administration. In early April this year, Iran and the five permanent members […]
Dutch eco-activists win big with landmark court ruling on GHG emissions
Dutch victory for environmental activists could have global repercussion A Dutch court ordered its government on Wednesday to cut the country’s greenhouse gas emissions by at least 25 per cent by 2020 to help fight global warming. The ruling by The Hague District Court could lay the foundations for similar cases around the world, said the director […]
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