Category Archives: Energy

Obama turns to climate change

www.youtube.com/watch?v=4Au59X8jTu8

President Obama is looking to cement his legacy on climate change. His administration will finalize sweeping new regulations on power plants on Monday, which is sure to spark a fight with Republicans in Congress. In a video released early Sunday, Obama … Continue reading

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This Coal Mine Valued At $630 Million In 2011 Just Sold For One Dollar

Why is Isaac Plains relevant? Well, in 2011 at the height of the Australian mining boom, Japanese conglomerate Sumitomo thought it has spotted a bargain, and a SMH reports, it approached Tony Poli, the founder of mid-tier miner Aquila Resources … Continue reading

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How could trillions of dollars be laundered from the Wash DC regime to Saudi Arabia? Why, through Citigroup, of course.

A clever reader with probably more knowledge of the Middle East than they would care to have put before me a very interesting question.  Is the US laundering money to Saudi Arabia through Citigroup in order to “hedge” against, or … Continue reading

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What’s Next for World Oil as Lower Prices Extend Into ‘15

The oil price decline of 2014 upended the geopolitical chessboard. Worth watching in 2015 will be who can recover and dominate play — OPEC, Vladimir Putin or U.S. shale drillers. Oil’s international benchmark price dropped as much as 49 percent … Continue reading

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Russian crisis kills big German gas deal

BASF said it had dropped plans to hand full control of its gas storage and trading business to Russia’s Gazprom in exchange for stakes in two Siberian gas fields. State-controlled Gazprom is the leading supplier of natural gas to western Europe … Continue reading

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Everything Else Is a Diversion

See additional comments on Tea Party Nation. As usual, we are given crisis after crisis to divert our attention from what we really need to follow. While Ferguson, the $18 trillion national debt and poor Christmas sales occupy our news … Continue reading

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Russian Money Suspected Behind Fracking Protests

Gazprom, a state-controlled energy giant, has a clear interest in preventing countries dependent on Russian natural gas from developing their own alternative supplies of energy, they say, preserving a lucrative market for itself — and a potent foreign policy tool … Continue reading

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OPEC just fired a shot at the U.S. shale industry

Despite tumbling prices — the lowest since 2010 — the cartel surprised the energy industry by deciding to keep pumping oil at current levels. One motivation is to squeeze higher-cost producers in North America, including the booming U.S. shale industry … Continue reading

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Hackers attacked the U.S. energy grid 79 times this year

In fiscal year 2014, there were 79 hacking incidents at energy companies that were investigated by the Computer Emergency Readiness Team, a division of the Department of Homeland Security. There were 145 incidents the previous year. The outermost defenses aren’t … Continue reading

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Russia, China Sign Second Mega-Gas Deal: Beijing Becomes Largest Buyer Of Russian Gas

As we previewed on Friday, when we reported that “Russia Nears Completion Of Second “Holy Grail” Gas Deal With China“, moments ago during the Asia-Pacific Economic Cooperation forum taking place this weekend in Beijing, Russia and China signed 17 documents … Continue reading

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Lockheed says makes breakthrough on fusion energy project

Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use … Continue reading

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Free power- How to convert an old washing machine into a water powered generator

www.youtube.com/watch?v=0ieFZI4-6K8

via Brock

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The Reason Five Arab Countries Teamed Up with Obama

See additional comments on Tea Party Nation. The information below detailing the real reason for the war in Syria is from September 3, 2013. A natural gas pipeline through Syria would break the Russian monopoly in Europe so this little “war” … Continue reading

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Stupid Is as Stupid Does

Poland Says Russian Gas Deliveries Tumble By 45%; Europe To Launch Sanctions On Friday, Russia Will Retaliate Yesterday, when Gazprom was supposedly “troubleshooting its systems”, we reported that in what was the first salvo of Europe’s latest cold (quite literally, … Continue reading

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Russian Retaliation Begins: Gazprom “Limiting EU Gas”, Cuts Poland Supplies By 24% In Past Two Days

Over the weekend, we commented that in response to Europe’s latest, and most serious, sanction round which would finally impact Russian energy giants Rosenft, Gazprom Neft (but not Gazprom) and Transneft, “suddenly the stakes for Russia, and thus Europe, just … Continue reading

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