Vast stores of natural gas trapped in methane hydrates offer a low-cost alternative energy source that could jump-start the U.S. economy now that research by the U.S. Department of Energy (DOE) has proven successful in safely and economically extracting it.
Despite being hailed as a leader in "green" innovation, wind farms might cause a warming effect on local climates, concluded a new study released Sunday.
As turmoil in the Middle East endures, and as gas prices linger just below the $4-a-gallon mark, one U.S. oil company is offering a rather ambitious guarantee: "There is no Mideast oil in our products." The United Refining Company, based out of Warren, Pennsylvania, pledges that 100 percent of the gas it sells is refined from North American crude — meaning, the oil comes only from the U.S. and Canada.
"We think Americans feel good about it," says John Catsimatidis, CEO and chairman of the United Refining Company. "People drive by, and every time they get annoyed at... (Hugo) Chavez, every time they get annoyed at BP Petroleum, every time they get annoyed at the Middle East, you know what they say? ‘Why don't I buy American oil and buy American-made gasoline?’ "
The gasoline is sold at more than 300 stations in Ohio, Pennsylvania, and New York under the Keystone, Country Fair, and Kwik Fill brand names. The company, which brands its products as "American Made Gasoline Driving America!," pumps out approximately 70,000 barrels of oil per day through its facilities in Warren, Pennsylvania, one of the destinations that a 35-year-old Canadian pipeline runs through.
United Refining Company has enjoyed groundbreaking profits since it launched its "Made in America" marketing campaign, which heavily advertises its no-Mideast-oil guarantee. Television commercials tout the benefit, Kwik Fill stations have "Driving America" signs strung across their stores, and the slogan is even branded on some of the gas pumps. The Kwik Fill website highlights the company’s "buy American" approach:
A recently released United Nations report outlines the global body’s plan to foist a centrally planned “green” world order on all of humanity, making every level of government subservient to its “sustainable development” agenda. The upcoming Rio+20 sustainability conference in Brazil — held two decades after the first “Earth Summit” adopted Agenda 21 — will be used to solidify the foundation of the emerging planetary control system.
The United Nations plans to use its upcoming UN Conference on “Sustainable Development” (UN CSD or Rio+20) in Rio de Janeiro to amass a vast array of unprecedented new powers and literally re-shape civilization, the global economy, and even peoples’ thoughts, according to official documents. All of it will be done in the name of transitioning toward a so-called “green economy.”
The Environmental Protection Agency (EPA) on Wednesday unveiled its first-ever regulations to curb air pollution from hydraulic fracturing, the drilling process commonly known as "fracking" — or in the industry's parlance, "fracing." By 2015, natural-gas and oil drillers will be forced to invest in new equipment that curtails smog-forming emissions from fracing wells.
On Tuesday the President targeted speculators for driving up the price of oil and recommended additional oversight on the oil markets manned by an increased number of regulators to be paid for with additional government funding of $52 million. His new strategy, outlined in the Rose Garden, is “to stop spikes in gas prices that we’ve put up with every single year — the same kind of increase that we’ve seen over the past couple of months.” He explained:
President Obama drew praise from the energy industry on Friday after issuing an executive order to amend federal oversight procedures of hydraulic fracturing — commonly known as "fracking" — which injects water, sand, and chemicals deep underground to release vast quantities of fuel. The order creates an "interagency working group" that directs 12 federal agencies to collaborate in bolstering "safe and responsible unconventional domestic natural gas development."
Beacon Power, the beneficiary of the endless flow of taxpayer guarantees emanating from the Department of Energy, went into bankruptcy in just over two years, leaving lawyers from the Justice Department crying foul.