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Selling Strategic Petroleum Reserves bolsters energy security

Strategic Petroleum Reserve protects against supply disruptions that could cause price spike This week’s budget deal between the White House and top lawmakers sells off a chunk of oil in the Strategic Petroleum Reserve (SPR) to raise general revenue for the government’s coffers and offset part of the budget deal’s cost. Like many, I have argued […]

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Exxon Mobil refutes environmentalist claims it lied about climate change research

Exxon Mobil says it has active research program into lower-carbon emission technologies, carbon capture and storage, advanced engines Exxon Mobil is counter attacking after months of allegations by environmental activists that it knew about climate change impacts as early as the 1980s and covered up the information. The company released a statement say that media and environmental activists’

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Climate ‘action’ vs. climate results: Who’s responsible for what?

Who is doing more to confront climate change: activists or a company that finds, produces and markets fossil-fuel energy? This week, one of America’s most well-known oil and natural gas companies made a strong case for the latter, highlighting its decades of scientific research in climate science. The company – ExxonMobil – also issued a

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Methane emissions from fracking still declining – EPA

Declining methane emissions argue against draconian regulations proposed by Environmental Protection Agency New data released by the U.S. EPA  show that methane emissions from oil and natural gas systems have fallen for at least the third year in a row, even as domestic production has boomed. According to the EPA’s Greenhouse Gas Reporting Program (GHGRP), methane

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Paris all about future of capitalism, not climate

Climate change debate at Paris in Dec. is really a proxy for debate about population growth, economic/ social well being, capitalism According to an ongoing temperature analysis conducted by scientists at NASA’s Goddard Institute for Space Studies (GISS), the average global temperature on Earth has increased by about 0.8°Celsius (1.4°Fahrenheit) since 1880. Two-thirds of the warming has

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Partisan battle lines drawn on EPA ozone emissions limits

EPA ozone emissions limits an Obama campaign promise WASHINGTON – Facing a court-ordered deadline, the Obama administration is preparing to finalize stricter emissions limits on smog-forming pollution linked to asthma and respiratory illness. The move fulfills a long-delayed campaign promise by President Barack Obama, but sets up a fresh confrontation with Republicans already angry about the administration’s

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