Tag Archives for oil
This article, originally published Feb 13, 2016, is printed here with permission of the author.
Obama wants to punish oil industry to advance climate agenda. So do Hillary, Bernie and Mike
by: Paul Driessen
If you want more of something, mandate it, subsidize it and exempt it from regulations. If you want less of something, punish it with taxes and regulations. Put more bluntly, the power to tax and regulate is the power to destroy. This is the First Rule of Government.
For those who might have missed it, the folks at Greenpeace have taken up arms against LEGO. Yes, LEGO, the much loved children’s toy. Author, Jaana Woiceshyn, takes them to task for their hypocritical claims.
People running Greenpeace must be confused—or dishonest hypocrites. I am arguing the latter.
Greenpeace’s staff are dishonest hypocrites because they know full well that Lego’s products are made of plastic, a petroleum derivative. Greenpeace pays lip service to loving a children’s toy manufacturer and to caring about our children inheriting the Earth, because it doesn’t want to reveal its true goal: preserving the planet as an end in itself, not for any human use. If Greenpeace revealed its true motive—keeping the planet pristine, at the cost of human well-being and lives—it would lose much of its support. Only the die-hard, anti-human true core of the so-called environmental movement would continue crusading for “saving the planet.”
Interesting photo from the Kiwiblog – The Rainbow Warrior being refueled by a BP fuel truck.
This is the same Rainbow Warrior that is owned and operated by Greenpeace, the multinational company that so vociferously campaigns against fossil fuels.
I’m wondering why it’s OK for Greenpeace to rely on fossil fuels and “big oil” to power their anti-fossil fuel campaigns, but the rest of us are just supposed to “go beyond oil.”
The recently released BP Statistical Review of World Energy provides an interesting look into the use of coal in 2011. This latest edition of the BP Review reports that global coal use grew by 440 million metric tonnes (6%).
As one Australian blog noted, this is “the biggest annual increase on record.”
At 6% over the year, it comes on top of a 5% increase in 2010, and tops off what has been a phenomenal 10-year increase in annual production of almost 3 billion tonnes at an annual average growth rate of 4.6%.
The New York Times Opinion section, “Room for Debate” page has an unusually realistic outlook on the ability of renewables to replace fossil fuels.
We are far from ready to shift to solar, wind, geothermal or even nuclear power. We are, however, ready to wean off of Mideast oil.
No matter how fervent the green industry’s desire to abandon fossil fuels may be, the reality is that we will not have the ability to move away from fossil fuels for many decades, or even centuries. If we would put the political and legislative effort into allowing their development, however, our massive reserves of coal, shale oil, and shale gas could allow us to move away from our dependence on geopolitically unstable or unfriendly regions for much of our energy.
A recently released Wood Mackenzie report paints a frightening picture of the potential impacts of permit delays on Gulf of Mexico oil production. The report notes that chronic permit delays threaten the country’s energy security, endanger as many as 125,000 jobs in 2015, and could lead to reduced oil production (as much as 680,000 barrels of oil equivalent per day in 2019).
While the report discusses the oil industry, it’s findings are still directly applicable to the American coal industry. With the recent EPA revocation of Arch Coal’s Section 404 permit, impending EPA moves against greenhouse gases and other emissions, the potential for massive negative cumulative energy, economic, social, and environmental impacts are growing more real each day.
American Solutions is reporting that the Obama administration will announce a new ban on offshore oil drilling in the eastern Gulf of Mexico and Atlantic Ocean for the next seven years.
The Obama administration will announce later today that it is banning offshore drilling in the eastern Gulf of Mexico, the Pacific Ocean, and the Atlantic Ocean in its next five-year drilling plan. A senior administration official also confirms that the White House will ban drilling in the eastern Gulf of Mexico for seven years.
As one can expect with any attempts to ban domestic energy production, energy prices are forecast to rise.