It's premature for OPEC to conclude that its strategy to force American marginal producers out of the market is working.
The House voted to lift the crude oil export ban, but Obama will veto any bill that benefits Americans though lower gas prices and more jobs in the energy industry.
Doug King has made himself and his investors a lot of money by noticing the weakness of the world economy, including in the demand for oil.
The fact that the Department of Energy has decided to get out of the way of American businesses that wish to sell natural gas overseas will have vast positive implications for the United States and much of the globe.
Government’s latest Orwellian tools to spy on citizens, known as “smart meters,” are literally blowing up and catching fire, risking lives and property to facilitate what even officials acknowledge amounts to intrusive state surveillance. In fact, your home may already have been fitted with one of the dangerous meters in recent years. The latest explosions of the controversial espionage devices, used to monitor citizens’ electricity and water usage, happened in California last week. Amid a government-caused water shortage across the state, bureaucrats are hoping to use the hazardous meters to catch citizens consuming more than their government-approved water rations. As more and more “smart” meters explode and burst into flames, though, citizens concerned about safety — not to mention privacy and liberty — are increasingly fighting back.
Big gates sometimes swing on little hinges. Such could be the case in Oklahoma where one woman is rocking the oil and gas industry.
Der Spiegel reports that four of Germany’s top 12 “Capital Destroyers” of 2014 are solar tech companies, with Solarworld AG leading the way at Number 1.
As expected, President Obama has exercised his first of likely a number of vetoes now that he faces a Republican Congress. On Tuesday, Obama vetoed the Republicans’ Keystone XL pipeline bill, setting the stage for an override vote that has little hope of passing.
President Obama, the UN, the EPA, and radical enviro-activists intend to drastically curtail energy production and lock the planet into energy poverty at this year’s UN Climate Conference in Paris.
Oil wells are being re-fracked to get renewed production, which will likely interfere with Saudi Arabia's efforts to hurt its competitors by flooding the markets with oil.