Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:26 AM

Recent Gas News/GasBuddy Blog

32
votes
pump to homepage help
President Obama Has His Hand in the Cookie Jar Too.

Moneynews.com --

You are likely familiar with the story of the failed Solyndra green energy initiative, which cost taxpayers $500 million; President Obama took a lot of flak for that.


After accepting $1.25 million in campaign contributions, President Obama made sure to include his “global warming” plans in his victory speech: “We want our children to live in an America that isn’t threatened by the destructive power of a warming planet.”

But here’s a little-known side of the Solyndra story I bet you haven’t heard: Obama, in essence, used taxpayer money to finance his re-election campaign . . . by funneling it through Solyndra.


You see, when Solyndra fell on hard times, it passed into the hands of two large private equity investors . . . Goldman Sachs and George Kaiser. When $500 millio  (go to article)

Submitted 3 hours ago By:
80 Comments
Not Newsworthy
30
votes
pump to homepage help
Thumbs down on oil projects, survey suggests

Presse Canadienne -- Poll suggests 7 out of 10 Quebecers against oil port in Cacouna

The port has been proposed by AB energy company TransCanada. The survey, conducted by research firm SOM, also suggests that 87% of the provincial populace thinks QC should have the right to refuse TransCanada’s Energy E pipeline, which would transport crude oil from AB to NS

Nature Québec, The David Suzuki Foundation, Greenpeace and the World Wildlife Fund paid for the survey

For Karel Mayrand, general manager of the Suzuki Foundation’s QC branch, the survey demonstrates that the more informed Quebecers are about the pipeline project, the more they question it

He says Energy East does not pass the “transparency test.”
 (go to article)

Submitted Today By:
58 Comments
Not Newsworthy
35
votes
pump to homepage help
While U.S. feasts on cheap oil, OPEC nations likely to squabble

The Columbus Dispatch -- Thanksgiving is a time of reflection on resources and relatives, even for one group of a dozen oil-producing countries that won’t observe the holiday this week.

The free fall in oil prices has led to billions of dollars staying in U.S. consumers’ pockets instead of pumped into their gas tanks just as the holiday spending season gets underway. Since June oil prices have fallen 30 percent. While OPEC nations aren’t about to cry poverty, the cartel will be working in the new week to stop the drop.

OPEC oil ministers meet on Thursday but not for a Thanksgiving feast. Instead, the powers that control almost 40 percent of world oil production will argue over how much oil they are pumping and if they should pump less of it. But like many extended family gatherings for the holiday, there will...  (go to article)

Submitted Today By:
85 Comments
Not Newsworthy
39
votes
pump to homepage help
Opec a shadow of its former self

Times LIVE-The Sunday Telegraph -- In 1976, Saudi Arabia's former oil minister, Ahmed Zaki Yamani, stormed out of the Opec gathering early when other members of the cartel would not comply with the wishes of his new master, King Khaled.

The 166th meeting of the group, in Vienna next week, is looking like it could end in a similarly acrimonious way, with Saudi Arabia and several other members at loggerheads over what to do about falling oil prices.

Whatever action Opec agrees to take to halt the sharp decline in the price of crude, experts agree that one thing is clear: the world is entering an era of lower oil prices that the group is almost powerless to change.

This new energy paradigm might result in oil trading at much less than the $100 (R1100) a barrel that consumers have grown used to paying over the past decade...  (go to article)

Submitted Today By:
483 Comments
Not Newsworthy
37
votes
pump to homepage help
Chernobyl: The catastrophe that never ended

CBS News -- Nearly 30 years after the explosion, Bob Simon travels to Ukraine and discovers the reactor still has the power to kill  (go to article)

Submitted Today By:
105 Comments
Not Newsworthy
41
votes
pump to homepage help
Falling apart: America's neglected infrastructure

CBS News -- Our roads and bridges are crumbling, our airports are out of date and the vast majority of our seaports are in danger of becoming obsolete.  (go to article)

Submitted Today By:
604 Comments
Not Newsworthy
29
votes
pump to homepage help
Macy’s Will See Benefit From Lower Gas Prices, CEO Lundgren Says

Bloomberg -- Macy’s Inc. (M), the largest U.S. department-store chain, will gain from consumers that are less burdened by energy costs, Chief Executive Officer Terry Lundgren said.

“We expect to benefit from the lower gas prices,” Lundgren said in an interview with Fox News’ Maria Bartiromo today. “We have much higher expectations for the fourth quarter.”

Sales at stores open at least a year declined 1.4 percent last quarter as the retailer struggled to get people in the door. The Cincinnati-based retailer relied on trimming expenses to post a 23 percent increase in net income for the quarter, according to a Nov. 12 statement.  (go to article)

Submitted Today By:
70 Comments
Not Newsworthy
41
votes
pump to homepage help
Solar and Wind Energy Start to Win on Price vs. Conventional Fuels

NY Times -- For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas.

That day appears to be dawning.

The cost of providing electricity from wind and solar power plants has plummeted over the last five years, so much so that in some markets renewable generation is now cheaper than coal or natural gas.

Utility executives say the trend has accelerated this year, with several companies signing contracts, known as power purchase agreements, for solar or wind at prices below that of natural gas, especially in the Great Plains and Southwest, where wind and sunlight are abundant.

Those prices were made possible by generous subsidies that could soon diminish or expire, but recent analyses show  (go to article)

Submitted Today By:
645 Comments
Not Newsworthy
24
votes
pump to homepage help
Judge denies bid to halt Illinois fracking rules

Houston Chronicle AP -- ST. LOUIS (AP) — A judge in southwestern Illinois has denied a bid by a landowners group to suspend the state's new rules for high-volume oil and gas drilling, ruling that the plaintiffs failed to show they would suffer immediate harm if the practice commonly known as "fracking" was to go forward.


Madison County Circuit Judge Barbara Crowder rejected the request for a preliminary injunction on Friday, three days after she heard arguments about the rules meant to regulate hydraulic fracturing.

Attorneys for the landowners had insisted that the rules drafted by the Illinois Department of Natural Resources and approved Nov. 6 by a legislative panel were procedurally flawed, among other things because the DNR allegedly didn't consider scientific studies and had no representative  (go to article)

Submitted Today By:
129 Comments
Not Newsworthy
25
votes
pump to homepage help
Where Oil and Politics Mix

NYTimes -- TIOGA, N.D. — In late June, as black and gold balloons bobbed above black and gold tables with oil-rig centerpieces, the theme song from “Dallas” warmed up the crowd for the “One Million Barrels, One Million Thanks” celebration.
Read Part 1
The Downside of the Boom

North Dakota took on the oversight of a multibillion-dollar oil industry with a regulatory system built on trust, warnings and second chances. Nov. 22, 2014

The mood was giddy. Halliburton served barbecued crawfish from Louisiana. A commemorative firearms dealer hawked a “one-million barrel” shotgun emblazoned with the slogan “Oil Can!” Mrs. North Dakota, in banner and crown, posed for pictures. The Texas Flying Legends performed an airshow backlit by a leaping flare of burning gas....North Dakotans do not like to make a fuss.  (go to article)

Submitted Yesterday By:
18 Comments
Not Newsworthy
23
votes
pump to homepage help
Solar and Wind Energy Start to Win on Price vs. Conventional Fuels

New York Times -- For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas.

That day appears to be dawning.

The cost of providing electricity from wind and solar power plants has plummeted over the last five years, so much so that in some markets renewable generation is now cheaper than coal or natural gas.

Utility executives say the trend has accelerated this year, with several companies signing contracts, known as power purchase agreements, for solar or wind at prices below that of natural gas, especially in the Great Plains and Southwest, where wind and sunlight  (go to article)

Submitted Yesterday By:
14 Comments
Not Newsworthy
24
votes
pump to homepage help
MDU eyes Minot area for second diesel refinery

Billings Gazette -- Developers of a nearly completed diesel refinery near Dickinson are eyeing the Minot area as the potential site for a similar plant.

John Stumpf, senior vice president of business development for WBI Energy Inc., said the second refinery would process about 20,000 barrels of Bakken crude oil per day, the same capacity as the Dakota Prairie Refining LLC facility near Dickinson.

“Minot’s a little different situation, but the demand for diesel up there is even stronger than it is here,” Stumpf said in an interview Thursday at the Dickinson refinery.

MDU announced in its quarterly report that the permitting process for a second refinery had begun and construction could start next year, but it didn’t identify a potential site. Spokesman Tim Rasmussen said a second proposed refinery is under  (go to article)

Submitted Yesterday By:
18 Comments
Not Newsworthy
20
votes
pump to homepage help
State takes action to avoid low gas supplies, shortages

Des Moines Register -- Iowa motorists could discover some spot shortages of premium gasoline or diesel fuel as retailers grapple with refinery outages and pipeline disruptions, an official says.

Gov. Terry Branstad issued a proclamation on Thursday saying state retailers were experiencing low supplies of diesel. Then the governor issued a similar proclamation for gasoline on Friday. Both emergency actions relax the transportation and delivery of fuel, with the goal of improving supplies.

"The fear is that the shortages at the terminals could result in shortages at the pumps," said Mark Schouten, director of Iowa Homeland Security and Emergency Management. "The governor's actions in waiving the hours of service is an effort to prevent that."

Brian Johnson, vice president of finance at Casey's General Stores, s  (go to article)

Submitted Yesterday By:
22 Comments
Not Newsworthy
42
votes
pump to homepage help
'Counterfeit' tires pose consumer risk

Consumer Reports: -- What began as a routine tire test became a journey through a maze of deception, finger-pointing, and a lack of accountability that in itself could prove dangerous if the product should prove to be defective.

When it comes to safety and performance, Consumer Reports has long said that you shouldn’t skimp on tires. That’s what we discovered once again when we recently tested three sets of Chinese-branded all-season truck tires that cost as little as $89 apiece in our test size, 265/70R17. All three of these bargain-bin tires landed at the bottom of our Ratings, in part because of their performance in our winter-condition test, as well as so-so to poor tread life. The surprise came when the owner and distributor of one set of the tires alleged that the tires we tested were “gray market”—that  (go to article)

Submitted Yesterday By:
73 Comments
Not Newsworthy
24
votes
pump to homepage help
Iran May Propose Million-Barrel Daily OPEC Cut in Saudi Talks

Bloomberg -- Iran may propose that OPEC cut its output target by as much as 1 million barrels a day to halt the slide in crude prices when the country’s oil minister consults with his Saudi counterpart before the group gathers this week.

Bijan Namdar Zanganeh and Saudi Arabia’s Oil Minister Ali Al-Naimi will talk on the sidelines of the meeting in Vienna of the Organization of Petroleum Exporting Countries, seeking to define a common view among its 12 members for supporting prices, Iran’s state-run Mehr News agency reported, without saying where it got the information. An official in Iran’s oil ministry didn’t immediately comment when contacted by phone yesterday.

OPEC, supplier of about 40 percent of the world’s oil, will meet Nov. 27 in the Austrian capital to assess its collective output amid a su  (go to article)

Submitted Yesterday By:
46 Comments
Not Newsworthy
32
votes
pump to homepage help
EPA delays decision on ethanol in gas

Yahoo News -- WASHINGTON (AP) — The Obama administration said Friday it is delaying a decision on whether to reduce the amount of ethanol in the nation's fuel supply.

Last year the Environmental Protection Agency proposed to reduce the amount of ethanol in fuel for the first time, acknowledging that a biofuel law that both Republicans and Democrats had championed nearly a decade ago was not working as well as expected.

A final decision was due before the end of the year on the already-delayed standards, but the EPA said Friday the final rule will now come in 2015.  (go to article)

Submitted Yesterday By:
76 Comments
Not Newsworthy
28
votes
pump to homepage help
Sinking oil prompts Iran to push for Saudi Arabian output cut: Report

Reuters -- Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna, Iran's semi-official Mehr news agency reported on Sunday citing a television interview with the country's oil minister.

The Organization of the Petroleum Exporting Countries meets on Nov. 27 to set its output policy and some of its members have called for output cuts to shore up oil prices
 (go to article)

Submitted Yesterday By:
43 Comments
Not Newsworthy
25
votes
pump to homepage help
Obama’s punt on renewable fuel sets up fights in court, congress

Blooberg -- The Obama administration’s decision to put off issuing quotas for the use of renewable fuels this year sets up fights in Congress and the courts over a program that’s been bitterly contested for nearly a decade  (go to article)

Submitted Yesterday By:
48 Comments
Not Newsworthy
34
votes
pump to homepage help
The Downside of the Boom

NY Times -- North Dakota took on the oversight of a multibillion-dollar oil industry with a regulatory system built on trust, warnings and second chances.  (go to article)

Submitted Yesterday By:
epf
40 Comments
Not Newsworthy
46
votes
pump to homepage help
China Needs 1,000 Nuclear Reactors to Fulfill Its Climate Pledge

Bloomberg News -- China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.  (go to article)

Submitted Yesterday By:
100 Comments
Not Newsworthy
42
votes
pump to homepage help
Natural Gas Boom Is Drowning Out Coal Industry's Battle Cries

Forbs -- While a lot of the political fodder during the 2014 election season focused on the “war on coal,” a bigger and even stronger show of force is transforming the nation’s economic landscape, especially in “war torn” Appalachia: natural gas.

The natural resource has emerged from the back burner of U.S. energy development and onto the hot seat. Over the last seven years, it has not only fueled new economic growth but it has also changed the way electricity is generated. Beyond the newfound abundance — a result of shale gas drilling technologies — the manufacturing sector has subsequently boomed.

To be clear, dry natural gas can be used for electric generation. Wet natural gas, or natural gas liquids that include methane, ethane butane and propane, are separated from the dry gas.  (go to article)

Submitted Yesterday By:
72 Comments
Not Newsworthy
38
votes
pump to homepage help
Hybrid vehicle momentum stalls

Detroit News -- Nowhere do automakers sell more hybrid vehicles than California, with its unique combination of environmental consciousness, high gas prices and traffic-choked highways.

But new hybrid models are in short supply at the Los Angeles Auto Show — one sign that the technology is still struggling to break out of its green-car niche, experts say.

Although the pioneering Toyota Prius has been the bestselling car in California for two years and still sells well nationally, market share for all hybrids appears to have hit a wall at about 3 percent of all cars sold. The share hasn't increased in two years.

"We're looking at a segment that has stagnated," said Jeremy Acevedo, senior analyst at auto research firm Edmunds. "It's more noticeable because the segment had such lofty expectations.  (go to article)

Submitted Yesterday By:
107 Comments
Not Newsworthy
31
votes
pump to homepage help
Fiat Chrysler fire back at NHTSA over recalls

USA Today -- Fiat Chrysler CEO Sergio Marchionne has fired back at the National Highway Traffic Safety Administration one day after the agency blasted the automaker for its "woeful" recall repair rate on 1.56 million Jeep SUVs.

On Thursday, NHTSA Deputy Administrator David Friedman criticized Chrysler for the time it is taking the automaker to get parts to dealers and convince customers to fix Jeep SUVs under a recall to install trailer hitches to protect rear-mounted fuel tanks.

"With respect to your letter of November 19, be assured Chrysler Group takes seriously its commitment to motor-vehicle safety," Marchionne said in a letter Friday to Friedman. "I feel compelled to deliver up-to-date information that should alleviate your concerns."  (go to article)

Submitted Yesterday By:
43 Comments
Not Newsworthy
43
votes
pump to homepage help
For Google's self-driving cars, learning to deal with the bizarre is essentia

Star Tribune -- In 700,000 miles of navigating roads, Google's self-driving cars have encountered just about everything -- including an elderly woman in a motorized wheelchair flailing a broom at a duck she was chasing around the street.

Apparently perplexed and taking no chances, the vehicle stopped and refused to go farther.

Through extensive testing covering nearly every street in Google's hometown of Mountain View, Calif., the company's 20 or so autonomous vehicles have developed an abiding sense of caution. Google researchers concede it will take more experience on the roads before the autos can learn to cope with every situation without becoming bewildered and shutting down, stranding passengers. When that happens now, researchers have to take the wheel and step on the gas.

One of the most surpri  (go to article)

Submitted Yesterday By:
732 Comments
Not Newsworthy
45
votes
pump to homepage help
US welcomes oil deal between Kurdistan, Baghdad

Gulf News -- US Vice President Joe Biden welcomed an agreement between Iraq’s central government and its northern Kurdistan region over the management of oil exports, a step forward in a feud that has threatened the unity of Iraq.

After years of friction, the two sides last week struck a deal in which Kurds will give half of their overall oil shipments to the federal government and Baghdad will pay overdue civil servants’ salaries in the region.

“I was encouraged to see the recent interim agreement between Baghdad and Arbil on managing exports and revenue sharing,” Biden told an Atlantic Council summit on energy and the economy in Istanbul on Saturday.

Oil has been at the heart of a feud between the Arab-led government in Baghdad and the ethnic Kurdish-run northern enclave, which dispute control...  (go to article)

Submitted Yesterday By:
50 Comments
Not Newsworthy
49
votes
pump to homepage help
Flurry of B.C. court battles threaten to drive away investment

The Globe and Mail -- A flurry of court cases has tied up more than $25B worth of resource projects this year as FN, environmental groups and others battle pipelines, mines, a dam and a coal port – a situation that some observers fear will drive away investment

Executive VP/CPO for the Business Council of BC worries BC's reputation could suffer if the wave of litigation continues

“The No.1 reason why investors are reluctant to invest in BC is because of the FN land-uncertainty question

One of the reasons for all the legal action is that the government is not doing enough to protect the environment

One way to restore public confidence and cut down on the litigation would be for the province to get out of the agreement that authorizes the NEB to approve Northern Gateway and Trans Mountain pipeline proposa  (go to article)

Submitted Yesterday By:
1250 Comments
Not Newsworthy
41
votes
pump to homepage help
OPEC panel reviews oil outlook in a start to talks on oversupply

Reuters -- (Reuters) - A panel of national representatives reviewed OPEC's oil market outlook for 2015 this week, OPEC sources said, preparing the ground for a policy-setting meeting next week that will decide how to address a looming oversupply of crude.

The Economic Commission Board concluded a two-day meeting in Vienna on Friday ahead of the gathering of the group's oil ministers on Nov. 27. It does not recommend policy to the ministers.

The panel reviewed the supply and demand forecasts published in the oil exporter group's monthly market report, which predicted lower demand for OPEC crude in 2015 and oversupply in the market if OPEC maintains its current output.

"It was a general discussion on the 2015 outlook," one of the OPEC sources said.

Oil prices have fallen by 30 percent since June  (go to article)

Submitted Yesterday By:
45 Comments
Not Newsworthy
36
votes
pump to homepage help
Russia to seek new partners if Western oil majors leave - minister

REUTERS -- Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday.

The sanctions over Russia's role in the Ukraine crisis have targeted the delivery of oil technology goods and services, aiming to make it harder for Moscow to access new oil sources.

"If (Western) companies decide for themselves not to take part in organising investment projects in the long term, we will invite investors from countries which have not imposed sanctions against us and our oil and gas companies" Novak was quoted as saying in response to a question at a meeting with students.

Russia, the world's biggest energy exporter, relies on oil and gas exports...  (go to article)

Submitted Yesterday By:
189 Comments
Not Newsworthy
45
votes
pump to homepage help
NC motorists see lowest gas prices in 5 years

WNCN -- CHARLOTTE, N.C. -
More North Carolinians are heading over the river and through the woods for Thanksgiving, and they will find the trip won't cost nearly as much as it has recently.

AAA Carolinas says 1,345,000 North Carolinians are expected to travel 50 miles or more from home. About 1,210,500 of those travelers will drive, an increase of about 48,600 than last year. They will be enjoying the lowest gas prices in five years.

Gas prices in North Carolina are averaging $2.77, down 57 cents from Labor Day. Residents also are paying 46 cents less at the pump compared to last Thanksgiving.

AAA Carolinas President and CEO David Parsons says lower gas prices have encouraged more people to travel for Thanksgiving.  (go to article)

Submitted Yesterday By:
1241 Comments
Not Newsworthy
35
votes
pump to homepage help
U.S. Rejects Proposal for Solar Project in California Desert

Bloomberg -- The U.S. Interior Department rejected a proposal to build a 200-megawatt solar farm in Southern California.

It’s the first time the agency’s Bureau of Land Management has denied a permit for a solar plant outside certain zones that have been designated as preferred locations for solar power, the administration said yesterday in a statement.

Iberdrola SA (IBE)’s plan to build the photovoltaic power plant in California’s Silurian Valley would have had negative impacts on wildlife and recreational activity that “could not be mitigated,” according to the statement.

Iberdrola’s renewable energy unit is disappointed in the decision and is considering whether to appeal within the 30 days allowed by BLM, said Paul Copleman, a spokesman.
 (go to article)

Submitted Yesterday By:
155 Comments
Not Newsworthy
19
votes
pump to homepage help
Inslee says state will act on oil trains

The Olympian -- The number of oil trains running across Washington is unacceptable, and the Legislature will consider bills in the upcoming session that mandate advance notification of oil shipments by rail as well as more funding for railroad crossings and emergency response training, Gov. Jay Inslee said Friday.

King County Executive Dow Constantine added that oil companies are raking in profits while “the rest of us are picking up the costs.”

“Those who are profiting should shoulder the financial burden,” Constantine said.  (go to article)

Submitted Nov 22, 2014 By:
30 Comments
Not Newsworthy
37
votes
pump to homepage help
The U.S. government thinks China could take down the power grid

CNN International -- China and "probably 1 or 2 other" countries have the capacity to shut down the nation's power grid and other critical infrastructure through a cyber attack, NSA told a Congressional panel Thu

The U.S. has detected malware from China and elsewhere on U.S. computers systems that affect the daily lives of every American

Hackers working on behalf of the Chinese government were able to penetrate American public utility systems that service everything from power generation, to the movement of water and fuel across the country

Admiral Rogers declined to identify who the other countries, because of the classified nature of their identities

A catastrophic cyber-attack that causes significant losses in life and financial damage would occur by 2025

"It is only a matter of the when, not the if, t  (go to article)

Submitted Nov 22, 2014 By:
71 Comments
Not Newsworthy
51
votes
pump to homepage help
Robin Hooders" pay expired meters

usa today -- The self-styled "Robin Hooders" race to the rescue of the parking peasantry, pumping quarters into their expired meters and leaving behind cards informing them they have been saved from "the king's tariff."

Nobody, not even the king - in this case the quaint New Hampshire college town of Keene - disputes their right to use pocket change as political capital in what they view as a fight against government oppression.

But city officials say the not-so-merry band leaves behind more than cards with a cartoon Robin Hood and a suggestion to pay their good deed forward: stressed-out parking enforcement officers. And now the New Hampshire Supreme Court is deliberating if there is a line to be drawn between protecting free speech rights and protecting government employees from harassment.  (go to article)

Submitted Nov 22, 2014 By:
84 Comments
Not Newsworthy
24
votes
pump to homepage help
Automakers are rolling out features en route to self-driving cars

LA Times -- The next phase of autonomous driving is already in development. Audi said its cars would be capable of "highly automated driving" at speeds up to 40 mph, without driver input, within three to four years.

Cadillac said vehicles in its 2017 lineup would offer customers an advanced driver-assist technology called Super Cruise, which "will offer customers an automated driving experience that includes hands-off lane following, braking and speed control in certain highway driving conditions."

Koslowski, the analyst, estimated that, by 2018, 20% of new vehicles would be "self-aware," or capable of making intelligent decisions about speed, direction and collision avoidance — faster, and more accurately, than their human drivers.  (go to article)

Submitted Nov 22, 2014 By:
42 Comments
Not Newsworthy
35
votes
pump to homepage help
Study: Fuels from corn waste not better than gas

Associated Press -- Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.

A $500,000 study paid for by the federal government and released Sunday in the peer-reviewed journal Nature Climate Change concludes that biofuels made with corn residue release 7 percent more greenhouse gases in the early years compared with conventional gasoline.

While biofuels are better in the long run, the study says they won't meet a standard set in a 2007 energy law to qualify as renewable fuel.
 (go to article)

Submitted Nov 22, 2014 By:
56 Comments
Not Newsworthy
38
votes
pump to homepage help
Poop bus fueled by human waste

USA Today -- here's a new poop-related form of transport on the road, and this one is more neat than nasty.

A "Bio-Bus" that runs solely on the biomethane gas generated by treated waste (of the food and human variety) is up and running as of this week in the UK, where it's following a Bristol-to-Bath route.

The BBC reports that the 40-seat bus can go 186 miles on a single tank of gas; creating that tank requires the equivalent of five people's waste for one year. (It's unclear if that's sewage waste only, or includes a person's food waste, too.)

The bus emits 30% less carbon dioxide than a comparable diesel engine would.

GENeco runs Bristol sewage treatment works, which produces the gas through a process known as anaerobic digestion: oxygen-hungry bacteria break down the waste, producing the gas;  (go to article)

Submitted Nov 22, 2014 By:
83 Comments
Not Newsworthy
29
votes
pump to homepage help
Premiers Wynne and Couillard set seven criteria for Energy East

The Globe and Mail -- TransCanada must consider the effect of the Energy E pipeline on global warming if it wants ON and QC to give the $12B project their blessing

That requirement was one of 7 Premiers Wynne and Couillard agreed to jointly impose in a meeting of their 2 cabinets in Toronto on Fri

“AB needs to move its resources across the country, and we want to work with AB. But we also have to protect people in ON and QC

The sit-down between the nation’s 2 largest provinces was designed to rekindle a relationship. The governments cut deals to trade more electricity and to push for national targets on curbing climate change

On top higher GHG emissions, the 2 provinces are demanding the company consult FN and other locals, take on all environmental and economic risks, and consider the needs of natural gas  (go to article)

Submitted Nov 22, 2014 By:
17 Comments
Not Newsworthy
45
votes
pump to homepage help
OPEC Underestimated Resiliency of U.S. Oil Output: Yergin

Bloomberg -- OPEC was mistaken in thinking that U.S. shale oil production would be unprofitable once crude prices slipped below $90 a barrel, according to Pulitzer Prize-winning author Daniel Yergin.

The Organization of Petroleum Exporting Countries will have a tough time coming to an agreement about production when ministers gather Nov. 27 in Vienna, said the vice-chairman of IHS Inc., an Englewood, Colorado-based consultant. Oil prices plunged into a bear market last month, the result of a surge in shale drilling that lifted U.S. output to a three-decade high, as OPEC output rose and there were increasing signs of slower demand growth.

“One of the big surprises for many is how resilient the shale oil sector is in the United States because of technology, efficiency,” Yergin said in an interview ...  (go to article)

Submitted Nov 22, 2014 By:
65 Comments
Not Newsworthy
38
votes
pump to homepage help
OPEC won't cut production to stop oil slide: Pros

CNBC -- OPEC will not cut production in order to stop the downward slide of oil prices, two energy pros predicted on Friday.

The agency is slated to meet on Thanksgiving Day and with oil prices on a recent downward spiral, market bets on the outcome of the meeting have varied.
 (go to article)

Submitted Nov 22, 2014 By:
65 Comments
Not Newsworthy
30
votes
pump to homepage help
Can Central Banks Bail Out OPEC?

Fox Business -- As OPEC is getting ready to meet next week in what will be their most important meeting in recent memory, it seems that global central bank actions may be doing some of the heavy lifting to support global oil demand expectations. Not only do you have China pumping a reported 50 billion yuan or the equivalent of $8.2 billion into their system, you have European Central Bank (ECB) Chairman Mario Draghi saying the ECB must drive inflation higher. The hope is that these measures can lift the Chinese’s and Euro-zone economy out of its funk and increase its shaky oil demand.  (go to article)

Submitted Nov 22, 2014 By:
56 Comments
Not Newsworthy
35
votes
pump to homepage help
100 Candles and Quite a Few Darts

NY Times -- From the moment the first Dodge was completed on Nov, 14, 1914, the cars gained a reputation as reliable and unpretentious. In 1922 Harry S. Truman ran his first campaign — for Jackson County judge in Missouri — out of a Dodge roadster, and in retirement had a ’55 Custom Royal Lancer.  (go to article)

Submitted Nov 22, 2014 By:
35 Comments
Not Newsworthy
30
votes
pump to homepage help
Porsche reveals Cayenne GTS

MarketWatch.com -- Porsche’s GTS name hails from 1963, when Porsche called its Carrera the 904 GTS, and in 2007 it revived the acronym for this very SUV. The next Cayenne GTS makes its debut at the Los Angeles Auto Show, running now through Nov. 30.

The GTS gets a 20-hp bump in output, for a total of 440 hp, from its 3.6-liter twin-turbocharged V6. That goes along with 445 lb-ft of torque, 62 lb-ft more than the last model. That’s good for a 0-60 sprint time of 5.2 seconds.

Porsche says its PASM suspension has a “particularly sporty” calibration in the GTS, which sits about 1 inch lower than the base model. The GTS also borrows its brakes from the Cayenne Turbo, which measure 15.3 inches in front and 14.1 inches in back. The calipers are also painted red like the other Turbo cars.  (go to article)

Submitted Nov 22, 2014 By:
50 Comments
Not Newsworthy
54
votes
pump to homepage help
Toyota Unveils Hydrogen-Powered 2016 Mirai

GasBuddy Blog -- Image From ..caranddriver.comToyota has unveiled a mid-size car that runs on hydrogen fuel cells, joining some of its rivals as they mark a new foray into alternative powertrains.The world’s top seller of cars and trucks said this week the 2016 Mirai will be available starting in the fall of 2015. Toyota expects to make only 700 of the vehicles next year. The Mirai—a Japanese word that translates to “future”—will be rolled out at select dealers that have hydrogen fueling stations nearby.Toyota hopes the Mirai can attract drivers in the same way its Prius helped pave the way for hybrids and electric cars after launching in 1997. In five or six years, the automaker hopes to boost sales to the tens of thousands....  (go to article)

Submitted Nov 22, 2014 By:
PD
3049 Comments
Not Newsworthy
40
votes
pump to homepage help
US oil manages to settle higher after brief dip

CNBC -- US crude settled below $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree to reduce oil production.
U.S. crude's front-month contract settled 66 cents higher, or 0.9 percent, at $76.51, after briefly turning lower earlier.

The front-month contract for benchmark Brent crude was up by nearly $1 at $80 a barrel, after having risen $2.28 earlier to a session high of $81.61.
China's central bank cut its benchmark interest rates for the first time in more than two years to reduce borrowing costs and support an economy on track for its slowest annual growth in 24 years.

China is the largest net importer of petroleum and metals, and the rate cut sent most commodity prices surging.Expectations of an output cut from the Organization of the Petroleum Exporting  (go to article)

Submitted Nov 22, 2014 By:
62 Comments
Not Newsworthy
51
votes
pump to homepage help
EPA Delays Decision on Ethanol in Gas

ABC News -- Last year the Environmental Protection Agency proposed to reduce the amount of ethanol in fuel for the first time, acknowledging that a biofuel law that both Republicans and Democrats had championed nearly a decade ago was not working as well as expected.

A final decision was due before the end of the year on the already-delayed standards, but the EPA said Friday the final rule will now come in 2015.

The ethanol targets are required by a 2007 law that tried to address global warming, reduce dependence on foreign oil and boost the rural economy by requiring oil companies to blend billions of gallons of biofuels into gasoline annually. But lawmakers did not anticipate fuel economy would improve as much as it has in recent years, reducing overall demand for gasoline.

 (go to article)

Submitted Nov 22, 2014 By:
830 Comments
Not Newsworthy
83
votes
pump to homepage help
'America loves you': Jay Leno surprises wounded veteran with new car

Today / NBC News -- Behind every salute and every handshake from a soldier, there's a great story. Jay Leno set out to share one of those stories, and went above and beyond to show his appreciation for their service — by giving a soldier a brand new car.

"We took all these wounded warriors and did sort of a lottery and reached in and picked a soldier at random (to) do something for him and hopefully it expresses what we want to do for all the soldiers," Leno said.

That soldier was Cpl. Ethan Laberge. Laberge had been on foot patrol in Afghanistan when a suicide bomber drove up and detonated himself, seriously injuring Leberge and killing two fellow soldiers who had been standing with him.

..Leno had just the thing for Leberge: a ride in a 2015 Dodge SRT Hellcat.

When Leno asked Leberge if he wanted to tak  (go to article)

Submitted Nov 22, 2014 By:
1342 Comments
Not Newsworthy
44
votes
pump to homepage help
Toyota recalls nearly 423,000 Lexus cars; fuel leaks can cause fires

associated Press -- DETROIT - Toyota is recalling nearly 423,000 Lexus luxury brand cars in the U.S. to fix fuel leaks that can cause fires.

The recalls affect the 2006 to 2011 GS, 2007 to 2010 LS and the 2006 to 2011 IS models.

Toyota says that the cars' fuel lines have nickel phosphate plating to protect against corrosion. Some lines could have been built with particles coming in contact with a gasket. That can cause the sealing property to deteriorate and trigger fuel leaks.

Toyota says it's not aware of any fires or injuries caused by the problem.

The company first began looking into the matter in June of 2010 after getting a report of gasoline odour coming from a customer's engine compartment, according to documents posted Friday by the National Highway Traffic Safety Administration. Toyota investiga  (go to article)

Submitted Nov 22, 2014 By:
54 Comments
Not Newsworthy
43
votes
pump to homepage help
Russia to Cooperate With Saudis on Oil, Avoiding Output Cuts

Bloomberg -- Russia said it’s willing to cooperate with Saudi Arabia on the oil market, while avoiding a commitment to limit output to reverse plunging prices.

The two countries also sought to overcome differences on Syria during the first ever talks in Moscow between their foreign ministers, marking a thawing of ties between the world’s two biggest oil exporters.

Oil has collapsed into a bear market this year as the U.S. pumps crude at the fastest rate in more than three decades and demand shows signs of weakening. Russia, which depends on oil and gas for about half its revenue, is on the brink of recession amid U.S. and European sanctions targeting its energy and financial industries.

Saudi Arabia and Russia, which together produce 25 percent of global oil, agreed the market “must be free of...  (go to article)

Submitted Nov 22, 2014 By:
258 Comments
Not Newsworthy
46
votes
pump to homepage help
Safe home heating: Eight tips to stay alive this winter

Cleveland.com -- There is more to home heating than the price of natural gas or electricity. And what you don't know can be fatal.

There is more to worry about winter heating than the price of natural gas or electricity. And what you don't know can be fatal.

Here are eight heating safety tips, courtesy of the Public Utilities Commission of Ohio and Consumer Reports:

>Have the furnace inspected and if necessary tuned up every fall. And ask for an inspection of the chimney or PVC exhaust piping now used to vent high-efficiency furnaces.

>Never use an oven to heat the house. Most household ovens are not vented, and incomplete combustion can produce carbon monoxide, an orderless killer.

> Make sure chimneys and vent pipes for fireplaces and wood stoves are in good shape, not clogged and will not leak...  (go to article)

Submitted Nov 22, 2014 By:
840 Comments
Not Newsworthy
39
votes
pump to homepage help
Worker in deadly blast on oil and gas platform in Gulf was cleaning equipment, company says

Star Tribune -- NEW ORLEANS — A worker killed in an offshore explosion was cleaning a piece of equipment during routine maintenance at its oil-and-gas platform in the Gulf of Mexico, the company that runs the platform said Friday.

Houston-based Fieldwood Energy LLC said another worker suffered "visible injury" and two others reported ringing in their ears after the explosion, which was reported just before 3 p.m. Thursday. The company said the three injured workers have been released from the hospital.

Fieldwood said the worker who was killed Thursday was cleaning a piece of equipment that separates oil from water liquids when an "isolated pressure event" occurred. The company said the victim and the other worker with visible injuries were employed by Turnkey Cleaning Services, a Louisiana company speci  (go to article)

Submitted Nov 22, 2014 By:
657 Comments
Not Newsworthy
35
votes
pump to homepage help
Tire comes off, hits oncoming car, kills 1 on Route 28

Pittsburgh Tribune Review -- Allegheny County police accused an unlicensed Kentucky man, Eric Gonzalez-Huerta, 23, of causing the accident. A tire from his uninsured trailer popped off as he drove south, hauling material from a construction site.

He did not have a valid driver's license, and neither the truck nor the trailer was insured, police said. Gonzalez-Huerta is an illegal immigrant, according to the complaint
 (go to article)

Submitted Nov 21, 2014 By:
59 Comments
Not Newsworthy