Oil and Gas
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Big Oil’s biggest quarter ever: $51.5B in all. By John Porretto. AP Business Writer. So far Speaker Pelsosi has kept nervous Democrats in line on big oil’s plan’s to use the high price of gasoline to gain leases in fragile off and on-shore public lands. The counterattack should be easy. The headline above shows the…
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There has been some discussion about the rise in recent gas prices and its effect on public support to drill on public lands. Polls are being tossed around and their results are as diverse as the questions – mostly we’ve seen Oil Industry sponsored polls suggesting widespread support for more drilling. Ralph has suggested that…
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“The industrial takeover of the West is not about oil or the price of gasoline at the pump. Domestic oil production, in fact, has suffered from a shell game. Nearly all the drilling on public lands is, in fact, about methane: natural gas. The booty at the wellhead is methane and stockholder cash.” Natural gas…
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Ten environmentalist groups are stepping up to the plate and litigating BLM’s decision to allow drilling of one of so many of the West’s beautiful public lands recently put up to the chopping block : Enviros sue to block Roan drilling leases – Denver Business Journal
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Wells versus wildlife: Drill plan draws flak. Additional Pinedale Mesa rigs will hurt grouse and deer, pollute air, conservationists say. By Cory Hatch. Jackson Hole News and Guide. “The new plan would allow year-round drilling to continue. Further, it would allow 15 to 30 percent declines in population numbers and habitat for mule deer, pronghorn,…
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Just incredible! BLM plan calls for more 4400 wells on the Pinedale Anticline. AP
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Politicians puffed up today in Washington over gas prices, each side with their own canned hyperbole-laden talking points at the ready. My pick of the day is House chairman of the Appropriations Committee, Rep. David Obey’s statements : An Inexhaustible Energy Source: Heated Words. But Can It Be Tapped? NYTimes “This is a con job,”…
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As suggested in an earlier post (or two), the Bush Administration’s Fish & Wildlife Service is doing its best to take its decision to list polar bears and extend federal protections to oil companies with it : Oil Companies Get OK To Annoy Bears – AP