• Fracking Slashes US CO2 To Lowest Level Since 1993

    • Date: 16/05/16
    • Andrew Follett, The Daily Caller

    A new report by the Energy Information Administration (EIA) found hydraulic fracturing, or fracking, has pushed carbon dioxide (CO2) emissions from electricity generation to the lowest levels since 1993. Fracking created immense amounts of natural gas, lowering the price and causing the amount of electricity generated from natural gas to pass the amount of electricity generated […]

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  • Fossil Fuels Will Still Provide 75 Percent Of Energy In 2040, Despite Trillions In Green Subsidies

    • Date: 12/05/16
    • Andrew Follett, The Daily Caller

    The world will use 48 percent more energy by 2040, three-quarters of which will come from coal, oil or natural gas, according to projections made Thursday by the U.S. Energy Information Administration (EIA). The report states that most of the world’s new energy use will come from developing countries, particularly China and India, and most of the 75 percent of that energy […]

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  • China’s Air Pollution To Fall As Coal Plants Add Scubbers

    • Date: 12/05/16
    • PRNewswire

    China’s largest coal producer Shenhua Group has completed upgrades to its coal-fired power plants in the Beijing-Tianjin-Hebei region that will dramatically reduce their emissions. A milestone in China’s efforts to be more environmentally friendly, Shenhua’s upgrades will take emissions of dust, sulfur dioxide (SO2) and nitrogen oxides (NOx) from the company’s 22 power units in […]

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  • Elon Musk’s SolarCity Crashes: Shares Plummet 65% In 2016

    • Date: 11/05/16
    • George Avalon, Silicon Beat

    Shares of SolarCity nose-dived on Tuesday after disclosing earnings results that cast gloom over the provider of solar systems. So far in 2016, SolarCity shares have plummeted 65 percent. San Mateo-based SolarCity shares lost about one-fifth of their value due to the grim report for its first quarter that ended in March. Tuesday marked the […]

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  • Resilient U.S. Shale Industry Squeezing Out More Oil Than Expected

    • Date: 09/05/16
    • Collin Eaton, Fuel Fix

    HOUSTON – The nation’s oil production is set to drop less than expected this year as drillers in West Texas and Oklahoma find ways to pump crude faster, and for less money, Goldman Sachs says. U.S. crude output should fall by 650,000 barrels a day this year, the investment bank said Monday, revising its previous […]

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  • Saudis’ New Oil Boss Chases Record Output To Stymie Shale

    • Date: 09/05/16
    • Anthony Dipaola , Bloomberg

    Saudi Arabia will probably keep producing crude at near-record levels under its newly appointed oil minister, Khalid Al-Falih, as the world’s largest exporter sticks with his predecessor’s policy of defending market share against higher-cost shale. Al-Falih, also chairman of the state producer Saudi Arabian Oil Co., said on his first day in office on Sunday that […]

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  • “OPEC Is Dead”

    • Date: 07/05/16
    • The American Interest

    That statement was uttered by an OPEC official during its meeting in Vienna this week, by a delegate that, according to Reuters, sources represented a non-Gulf Arab member. And it doesn’t just seem to sum up the cartel’s frustrations on its inability to affect oil prices. It very well might be true. Reuters reports: [E]vents […]

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  • Two-Thirds Of U.S. Gas Supply Now Comes From Fracking

    • Date: 06/05/16
    • Christine Buurma, Bloomberg

    Hydraulic fracturing, the method used to extract oil and natural gas from shale formations deep underground, has gone from a niche activity to the process responsible for more than two-thirds of U.S. gas supply. Fracking now accounts for 67 percent of marketed gas output, up from less than 7 percent in 2000, according to the […]

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