|
||||||
    |
Beijing acquiring major ownership in oil, natural gas across nation NEW YORK – The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S. The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a need to keep Beijing economically interested in lending to the U.S. The Obama administration has run $1-trillion-plus annual federal budget [...] With a 103-36 vote in the House of Representatives, Vermont on Friday became the first state to ban hydraulic fracturing to extract oil or natural gas. The bill passed the Senate earlier this week. The House debate was short. Heidi Scheuermann, R-Stowe, raised concerns that Vermont was banning the practice without knowing what natural gas resources it was giving up. “We have no idea if some farmers in Franklin County might [...] Miguel Llanos Setting up another battleground with the energy industry — as well as Republicans ahead of the presidential election — the Obama administration on Friday proposed requiring that drillers on federal lands publicly list what chemicals they use in a technique known as hydraulic fracturing, or fracking. “This administration’s energy strategy is an all-out effort to boost American production of every available source of energy,” Interior Secretary Ken Salazar [...] From SHTFplan: While Americans focused their attention on the Colombian controversy involving U.S. Secret Service agents, prostitutes, and excessive drinking, President Obama quietly signed his latest Presidential Executive Order. … The President’s order establishes an “Interagency [...] Mac Slavo While Americans focused their attention on the Colombian controversy involving U.S. Secret Service agents, prostitutes and excessive drinking, President Obama quietly signed his latest Presidential Executive Order. The Supporting Safe and Responsible Development of Unconventional Domestic Natural Gas Resources Executive Order seeks to create what amounts to a Presidential super committee that will oversee the regulation and development of the ‘unconventional’ natural gas industry for the purpose of ensuring a [...] Iran insists it is only seeking a peaceful energy supply, while the West suspects Tehran is building an atomic bomb. And yet, some believe it is all about the oil. Again. Conn Hallinan, a columnist at the Foreign Policy in Focus magazine, says the West’s concern over Iran’s nuclear program is merely a pretext to take control of its vast energy resources. “I think the nuclear bomb is really in many ways [...] Kurt Cobb … What ought to be acutely troubling is that the history of revisions to oil and gas resources has heretofore been one of increases. For the first time, we are now seeing not just downward revisions in estimated natural gas resources, but drastic downward revisions. That should tell us that the era of unlimited horizons for fossil fuels has come to a close. All the advanced [...] |
Custom Search
|
||||
|
Copyright © 2013 InvestmentWatch - All Rights Reserved |
||||||
