CBS News contributor Michio Kaku, a physics professor at the City University of New York, talks to the “CBS This Morning” co-hosts about a new forecast by Colorado State University that warns this year’s hurricane season could be even worse than 2012
Storm warning: U.S. forecasts ‘active’ or ‘extremely active’ hurricane season
The 2013 hurricane season is shaping up to be active to extremely active, the National Oceanic and Atmospheric Administration warned [...]
The 2013 hurricane season is shaping up to be active to extremely active, the National Oceanic and Atmospheric Administration warned Thursday.
There’s a 70% chance the season, which starts June 1 and lasts through November, will see 13 to 20 named tropical storms, with winds of at least 39 miles per hour — which qualifies them for a name. Of those, 7 to 11 could become hurricanes, with winds of more [...]
For those that don’t know, our omnipotent masters decided to give Haliburton and other energy companies a FREE PASS from prosecution against destroying our drinking water.
The FRAC Act, first introduced in 2008 is being reintroduced. Maybe this time we can get this prosecutorial exemption overturned and start suing the shit out of these evil doers.
Please consider contacting your reps to get behind this bill.
North Carolina Fracking Options Leave Looming Questions [...]
The portfolio of embattled United Nations Ambassador Susan Rice includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran,according to financial disclosure forms.
Rice, a possible nominee to replace Secretary of State Hillary Clinton when she steps down, has come under criticism for promulgating erroneous information about the September 11, 2012, attacks in Benghazi, Libya, that killed four Americans.
Rice has the highest net [...]
Electric car battery maker A123 Systems, now in Chapter 11 bankruptcy, has gotten more than $133 million from the government, and Energy Department says it still may get tens of millions more.
12:27AM EST November 17. 2012 – Electric car battery maker A123 Systems received a $946,830 check from the U.S. Energy Department on the day it filed for Chapter 11 bankruptcy last month — providing more ammunition for critics who [...]
Here’s a difference a HUGE DIFFERENCE
CONVICTED: Bush 1300+, Clinton 1000+, Obama 0.0
Financial Fraud Conviction Scorecard:
Bush: 1300+, Clinton: 1000+, Obama: 0.0 (+/-)
Meanwhile, not a word of complaint from a single Democrat in Congress, which is especially infuriating given the broad bi-partisan agreement among voters that criminal bankers need to do time. Too concerned with keeping up appearances and the next election cycle, neither side of the false left-right paradigm of American politics [...]
It was one of Barack Obama’s favorite green-energy companies. And green-energy companies, according to the president, are one of the best ways to facilitate economic growth.
Well, yesterday, The Denver Post detailed the criminal investigation of Abound Solar, a defunct solar-panel manufacturer in Colorado that was run on taxpayer “investments,” for securities fraud, consumer fraud and financial misrepresentation.
Abound shuttered its Colorado plant during the summer and filed for bankruptcy, leaving “125 workers without [...]
WASHINGTON—Iranian hackers renewed a campaign of cyberattacks against U.S. banks this week, targeting Capital One Financial Corp. and BB&T Corp. and openly defying U.S. warnings to halt, U.S. officials and others involved in the investigation into the attacks said.
The attacks, which disrupted the banks’ websites, showed the ability of the Iranian group to sustain its cyberassault on the nation’s largest banks for a fifth week, even as it announced its [...]
From The Burning Platform:
Damn!!! I was about to fork over $60,000 for a Tesla S Alpha that can go a full 230 miles before being plugged into an electrical outlet. I better hurry before this piece of s#$% company goes belly up like Solyndra.
… Not only will the $465 million taxpayer loan never be repaid, Obama hands over a $7,500 tax rebate to all the rich f#$%^ who want to [...]
Storm Isaac halts 17 per cent of U.S. oil production, nearly a hurricane nearing Louisiana
The U.S. government said 78 per cent of the oil production in the Gulf of Mexico has been halted in preparation for the storm as companies have evacuated 346 offshore oil and gas production platforms. That’s 17 per cent of daily U.S. oil production.
Read more: http://www.vancouversun.com/news/Storm%20Isaac.
Energy companies evacuate oil rigs, slash production, as Tropical Storm Isaac approaches [...]
I have just one question… WHY THE HELL DO NUCLEAR PLANTS HAVE COMPUTERS HOOKED UP TO THE NET?
Shamoon virus targets energy sector infrastructure
Saudi Aramco plant in Saudi Arabia Saudi Aramco is Saudi Arabia’s national oil provider
A new threat targeting infrastructure in the energy industry has been uncovered by security specialists.
“It is a destructive malware that corrupts files on a compromised computer and overwrites the MBR (Master Boot Record) in an [...]
President Obama’s staff arranged for him to be personally briefed last summer on a loan program to help clean-energy companies, two months before the program was thrust into headlines by the collapse of its flagship, the solar com pany Solyndra, records show.
About the same time, then-White House Chief of Staff William Daley resolved a dispute among administration officials over another project in the program, clearing the way for a $1.4 billion loan, according to documents [...]
Financial Fraud Conviction Scorecard:
Bush: 1300+, Clinton: 1000+, Obama: 0.0 (+/-)
Meanwhile, not a word of complaint from a single Democrat in Congress, which is especially infuriating given the broad bi-partisan agreement among voters that criminal bankers need to do time. Too concerned with keeping up appearances and the next election cycle, neither side of the false left-right paradigm of American politics is capable of exposing its own filth when it comes to legitimate scandal, and [...]
Motorists may have been paying too much for their petrol because banks and other traders are likely to have tried to manipulate oil prices in the same way they rigged interest rates, an official report has warned.
Concerns are growing about the reliability of oil prices, after a report for the G20 found the market is wide open to “manipulation or distortion”.
Traders from banks, oil companies or hedge funds have an [...]
NEW YORK (Reuters) – About six years ago, an army of agents hired by energy companies started desperately courting landowners across the United States whose farms and ranches happened to sit atop some of the richest oil and gas deposits in the world. And so began one of the biggest land grabs in recent memory.
Those days are over.
U.S. energy titan Chesapeake Energy is quickly cutting back on an aggressive land-leasing [...]
The Obama administration’s problems continue to mount because of its massive financial support of the so-called green industry. Perhaps the most well-known example of such boondoggles is the solar panel firm Solyndra, which went bankrupt last fall after a federal loan guarantee of $535 million. And there have been a string of other such clean energy company bankruptcies since then, at a huge waste of taxpayer money.
This week, yet another [...]
Jamshid Ghazi Askar
July 5, 2012
A polarizing debate is emerging over whether the unmanned aerial vehicles, commonly referred to as “drones,” should be allowed into U.S. airspace for use by local law enforcement and private businesses.
“No longer a tool used strictly by the military to take out terrorists overseas, drones of all shapes and sizes will soon be in our skies here at home for surveillance missions by local police [...]
Bomb sniffer dogs found explosive size of ‘small fist’ under first step of truck
Police investigating sabotage after clearing driver of responsibility
Device tested positive for explosives at forensic lab
Sweden increased the threat level at its nuclear power stations today after explosives were found on a truck at southwestern plant Ringhals.
Bomb sniffer dogs detected the explosives during a routine check yesterday afternoon by security staff at an industrial area within the power [...]
June 20, 2012
As global energy supplies come under increasing attack by non-state actors and private energy holdings become key targets of political maneuverings and criminal activities, Oilprice.com discusses the nature of the growing threat and how to reverse the risk with “smart power.”
To help us look at these issues we got together with Corporate intelligence specialists Jellyfish Operations and security expert Jennifer Giroux.
Michael Bagley is the president of Jellyfish, a global boutique intelligence [...]
(CNSNews.com) – The Obama administration distributed $9 billion in economic “stimulus” funds to solar and wind projects in 2009-11 that created, as the end result, 910 “direct” jobs — annual operation and maintenance positions — meaning that it cost about $9.8 million to establish each of those long-term jobs.
At the same time, those green energy projects also created, in the end, about 4,600 “indirect” jobs – positions indirectly supported by the [...]
EU member states are expected to close a deal on the bloc’s proposed energy efficiency directive by the end of June amid worries over the consequences it could have over the price of electricity in Europe’s factories.
Factory owners are unnerved by EU’s the upcoming energy efficiency directive, which is set to be agreed at the end of the month.
One of the biggest changes that the bill could bring is an [...]
From Carpe Diem:
Deborah Byers of Ernst & Young explains in Forbes why we should keep the current tax provisions for oil and gas companies. Here’s an excerpt:
“For the most part, energy companies are treated just like any other industry when it comes to taxes. Much of what politicians call giveaways are simply timing issues related to when particular items can be expensed – governed by provisions in the tax code established decades [...]
“Obama Deputy Dampaign Manager Stephanie Cutter defended President Obama’s investment in green energy companies like Solyndra, and said that because of his investments, the “country was prospering.”
(CNSNews.com) – Speaking Thursday afternoon in Newton, Iowa, President Barack Obama pitched his idea for $5 billion in new tax credits for manufacturers that make equipment—such as windmill blades and solar panels—for “clean energy” companies.
“Nobody wants a handout,” Obama said. “Nobody wants to get something for nothing.”
Obama was visiting TPI Composites, a company that manufactures blades for windmills, to pitch the fourth item on the five-item “To-Do” list of legislative [...]
Putting pressure on Congress to approve parts of his latest economic stimulus plan, President Obama urged Americans Saturday to push lawmakers to approve his multibillion-dollar “to-do list” for creating jobs.
“Each of the ideas on this list will help create jobs and build a stronger economy right now,” Mr. Obama said in his weekly address. “Let’s push Congress to do the right thing. Let’s keep moving this country forward together.”
The president’s list includes an expanded [...]
Two weeks ago, when commenting on the (first of many) nationalizations of energy companies (yes, the collateral shortage we have been discussing over the past year is particularly in effect when it comes to energy assets, although one does not need superficially complicated theories to explain it), in this case of Spanish YPF assets in Argentina we said “How soon until any and every government follows suit in a world in [...]
Two months ago, we warned that while the world had decided to blissfully move on from last year’s topic #1, the MENA revolutions, and specifically the massive power vacuum left in their wake, things in the region were far from fixed. Quite the contrary, and as we added back then “it is very likely that the Mediterranean region, flanked on one side by the broke European countries of Greece, Italy, Spain (and [...]
In a packed agricultural hanger in a rural town in central France, an enraptured crowd raised their fists and chanted: “Resistance! Resistance!” On stage, arms flung wide, sweat pouring down his face, stood the charismatic, hard-left firebrand hailed as the best orator of the presidential campaign. “The French Revolution of 1789 hasn’t breathed its last!” roared Jean-Luc Mélenchon, the poetry-loving pitbull of anti-capitalism. “If Europe is a volcano, France is the [...]
Some 10,215 new federal regulations from the Obama administration are costing consumers, businesses and the economy overall $46 billion annually, more than five times the regulatory price tag of former President Bush in his first three years in office. Worse: just implementing those regulations had a one-time additional cost of $11 billion, according to a Heritage Foundation analysis provided to Washington Secrets.
Ironically, Bush instituted more regulations, 10,674, but they cost [...]
February 24, 2012
U.S. stocks rose this week, driving the Standard & Poor’s 500 Index to the highest level since 2008, after Greece got a bailout and better-than-expected data boosted confidence in the world’s largest economy.
Energy companies surged 1.9 percent, the most among 10 S&P 500 industries, as crude oil futures exceeded $109 a barrel. Sears Holdings Corp. rallied 25 percent, the most in the S&P 500, after announcing real [...]
Obama: Not Raising Taxes is a Form of Government Spending By Fred Lucas February 13, 2012
(CNSNews.com) – Announcing his budget plans for fiscal year 2013 in an address at Northern Virginia Community College in Annandale, Va., President Barack Obama characterized the current income tax rates–signed into law by President Bush a decade ago–as a form of government spending.
Essentially, the president said that the federal government “spends” when it does not [...]
February 10, 2012
UK – More than 5.5 million households are suffering under fuel poverty, many being forced to choose between heating or eating.
Click HERE to view ‘Fair energy? rising profits, rising poverty’ graphic
Meanwhile the Big Six energy suppliers increased their profit margins by 733 per cent in just three months last year. Enough is enough. Today The Independent supports a campaign to force energy companies to share their profits with the [...]
Last month, German bank WestLB rolled out a new “Islam-compliant” investment product named the Islamic Strategy Index Certificate. The value of the certificate is based on the value of the WestLB Islamic Deutschland Index, consisting of shares of ten German firms “whose business activities are consistent with the ethical rules of Islam.” The WestLB product prospectus explains that the Islamic Strategy Index Certificates “are certified by the Central Council of Muslims in Germany [...]