Markham Hislop

More safety valves to guard against natural gas explosions: Obama proposal

News

Valves to reduce natural gas explosions cost about $30 each BILLINGS, Mont. – The Obama administration moved Wednesday to significantly expand a requirement for utilities to install inexpensive safety valves on gas lines across the U.S. following deadly fires and explosions going back decades that officials and safety advocates said could have been avoided. The Transportation Department […]

More safety valves to guard against natural gas explosions: Obama proposal Read More »

House committee subpoenas Kerry on Keystone XL documents

News

Keystone XL approval vetoed by President Obama this past spring WASHINGTON – A House panel has issued a subpoena to Secretary of State John Kerry for department documents, reports and letters related to the contentious push to build the Keystone XL pipeline. Republicans on the House Oversight and Government Reform Committee announced the subpoena on Wednesday. The

House committee subpoenas Kerry on Keystone XL documents Read More »

Lift American crude oil export ban now – Porter to Ag Committee

Uncategorized

Crude oil export ban costs jobs, investment in Texas, other energy-producing states The American crude oil export ban is damaging the Texas economy and should be lifted immediately, Railroad Commission Chairman David Porter testified before the U.S. Agriculture Committee Wednesday. Porter emphasized how lifting the ban on crude oil exports would spur new American energy production, foster

Lift American crude oil export ban now – Porter to Ag Committee Read More »

American petroleum exports rise rapidly over past 10 years

News

EIA forecasts American  net exports of petroleum products to continue rising American refineries are exporting 4.1 million barrels a day of petroleum products in the first quarter of 2015, an increase of 0.5 million b/d over exports the same time last year, according to the US Energy Information Administration. Over the past decade, domestic refinery output of

American petroleum exports rise rapidly over past 10 years Read More »

Linn Energy sells Permian assets, inks $1B deal to fund growth

Energy Financial

Houston-based Linn Energy starts week with three bold deals Struggling Linn Energy announced a flurry of deals Monday that included selling Permian Basin assets for $281 million and securing $1.5 billion in new financing the company hopes will re-ignite growth. Linn Energy stock value has dropped from $32 per unit last July down to less than $9 Tuesday as

Linn Energy sells Permian assets, inks $1B deal to fund growth Read More »

Alberta oilpatch making the best of it as crude drops toward US$50 a barrel

News

Alberta oilpatch weathering low commodity prices CALGARY – With oil prices drifting closer to US$50, energy executives in downtown Calgary are trying to stay positive. Apart from the crude drop and stock hit, “everything’s working pretty well” at Cenovus Energy (TSX:CVE) these days, deadpanned Harbir Chhina, the firm’s executive vice-president of oilsands. MEG Energy (TSX:MEG) vice-president John Rogers echoed

Alberta oilpatch making the best of it as crude drops toward US$50 a barrel Read More »

Judge refuses to dismiss lawsuit against Taylor Energy, responsible for Gulf oil leak

News

Taylor Energy may have to do more to mitigate impacts BATON ROUGE, La. – A federal judge has refused to dismiss a lawsuit that environmental groups filed against a New Orleans-based company responsible for a decade-old oil leak in the Gulf of Mexico. U.S. District Judge Susie Morgan ruled Tuesday that a trial is necessary to determine

Judge refuses to dismiss lawsuit against Taylor Energy, responsible for Gulf oil leak Read More »

Texas or California: Which is America’s future?

Uncategorized

Texas economic freedom reduces poverty – DeVore Demographers estimate that in less than 30 years America will be “majority-minority,” with the white, non-Hispanic population dipping to under 50 percent. The future has already arrived in California, Hawaii, New Mexico, and Texas. Of those four states, California and Texas have demographic profiles most closely matching our nation’s demographic future. Which

Texas or California: Which is America’s future? Read More »