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Federal Reserve Policy Keeps Fracking Bubble Afloat and That May Change Soon

Cross-Posted from DeSmogBlog

In August 2005, the U.S. Congress and then-President George W. Bush blessed the oil and gas industry with a game-changer: the Energy Policy Act of 2005. The Act exempted the industry from federal regulatory enforcement of the Safe Drinking Water Act, the Clean Water Act and the National Environmental Policy Act.

The Richest 400 Americans -- And What They Do With Their Money

In the supposedly classless society of the United States, the wealthiest Americans are doing remarkably well.

According to Forbes, a leading business magazine, the combined wealth of the 400 richest Americans has now reached the staggering total of $2.3 trillion.  This gives them an average net worth of $5.7 billion―an increase of 14 percent over the previous year.

Tar Sands Trade: Kuwait Buys Stake in Alberta As It Opens Own Heavy Oil Spigot

Cross-Posted from DeSmogBlog

Chevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta-based Duvernay Shale basin to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $1.5 billion.

Photo Credit: Oil Fires in Kuwait During First Gulf War | Wikimedia Commons

Elected Officials and ‘Boots on the Ground’

               As the United States’ armchair warriors sit in their comfortable homes and offices and decide on which country it is time to invade, attack or bomb, little consideration is given to those that must carry out their decisions. Sound bites for the evening news are far more important that human suffering.

Obama Opened Floodgates for Offshore Fracking in Recent Gulf of Mexico Lease

Cross-Posted from DeSmogBlog

In little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of Interior's Bureau of Ocean Energy Management, the floodgates have opened for Gulf offshore hydraulic fracturing ("fracking").

Photo Credit: Wikimedia Commons

State Dept. Overseers of Contentious Enbridge Tar Sands Pipeline Workaround Have Industry, Torture Ties

Cross-Posted from DeSmogBlog

The Sierra Club, National Wildlife Federation (NWF) and other green groups recently revealed that pipeline giant Enbridge got U.S. State Department permission in response to its request to construct a U.S.-Canada border-crossing tar sands pipeline without earning an obligatory Presidential Permit.

Judge Nixes Cove Point LNG Zoning Permit as Dominion Says Will Soon Receive Federal Permit

Cross-Posted from DeSmogBlog

Co-Written with Caroline Selle

An August 6 court decision handed down by Calvert County Circuit Court Judge James Salmon could put Dominion Resources’ timeline for its proposed Cove Point liquefied natural gas (LNG) export facility in jeopardy.

Overseeing Koch Profits: The Roots of David Vitter’s Green Billionaires Club Report

Cross-Posted from DeSmogBlog

A DeSmogBlog investigation reveals that Kristina Moore, the Senate staffer listed as the author of U.S. Sen. David Vitter's (R-La.) "green billionaire's club" report published by the Senate Environment and Public Works Committee (EPW) on July 30, has career roots tracing back to the Koch Brothers' right-wing machine.

Documents: Cheniere Fuels ALEC’s New Push for Fracked Gas Exports

Cross-Posted from DeSmogBlog

Today, legislative and lobbyist members of the American Legislative Exchange Council (ALEC) voted on model legislation promoting both exports of gas obtained via hydraulic fracturing ("fracking") and vehicles powered by compressed natural gas (CNG)

Whoops! What crisis?: Time to Go on the Offensive to Improve, not just Save Social Security and Medicare

By Dave Lindorff 


The wind has suddenly been knocked out of sails of those critics of Social Security and Medicare in Washington -- Republican and Democrat -- who have for years been warning direly that the two programs were going bust. Suddenly their favored “rescue” plans for these crucial programs -- turning to a stingier way of calculating the annual inflation adjustment, raising the retirement age, and even reducing benefits for Social Security, and cutting benefits for Medicare -- don’t make sense to anyone.


Greenpeace Report: Obama Exporting Climate Change by Exporting Coal

Cross-Posted from DeSmogBlog

Greenpeace USA has released a major new report on an under-discussed part of President Barack Obama's Climate Action Plan and his U.S. Environmental Protection Agency (EPA) carbon rule: it serves as a major endorsement of continued coal production and export to overseas markets.

Not Just the Atlantic: Obama Leasing Millions of Gulf Acres for Offshore Drilling

Cross-Posted from DeSmogBlog

Deploying the age-old "Friday news dump," President Barack Obama's Interior Department gave the green light on Friday, July 18 to companies to deploy seismic air guns to examine the scope of Atlantic Coast offshore oil-and-gas reserves.

Dairyland to Petrostate: Wisconsin Oil-By-Rail Routes Published for First Time

Cross-Posted from DeSmogBlog 

DeSmogBlog is publishing the first documents ever obtained from the Wisconsin government revealing routes for oil-by-rail trains in the state carrying oil obtained via hydraulic fracturing (“fracking”) in the Bakken Shale basin.

Photo Credit: Wikimedia Commons

Meme with Wings: Are Western Anti-Fracking Activists Funded by Putin's Russia?

Cross-Posted from DeSmogBlog

At a June 19 speaking event at London's Chatham House, North Atlantic Treaty Organization (NATO) secretary-general Anders Fogh Rasmussen claimed the Russian government is covertly working to discredit hydraulic fracturing ("fracking") in the west from afar.

Photo Credit: Wikimedia Commons

Exclusive: North Dakota Oil-By-Rail Routes Published for First Time

Cross-Posted from DeSmogBlog

For the first time, DeSmogBlog has published dozens of documents obtained from the North Dakota government revealing routes and chemical composition data for oil-by-rail trains in the state carrying oil obtained via hydraulic fracturing ("fracking") in the Bakken Shale.

Heather Zichal, Former Obama Energy Aide, Named to Board of Fracked Gas Exports Giant Cheniere

Cross-Posted from DeSmogBlog

Heather Zichal, former Obama White House Deputy Assistant to the President for Energy and Climate Change, may soon walk out of the government-industry revolving door to become a member of the board of directors for fracked gas exports giant Cheniere, who nominated her to serve on the board. 

Silent Coup: How Enbridge is Quietly Cloning the Keystone XL Tar Sands Pipeline

Cross-Posted from DeSmogBlog

While the debate over the TransCanada Keystone XL tar sands pipeline has raged on for over half a decade, pipeline giant Enbridge has quietly cloned its own Keystone XL in the U.S and Canada. 

It comes in the form of the combination of Enbridge's Alberta Clipper (Line 67), Flanagan South and Seaway Twin pipelines.

Meeting Logs: Obama Quietly Coddling Big Oil on “Bomb Trains” Regulations

Cross-Posted from DeSmogBlog

When Richard Revesz, Dean Emeritus of New York University Law School, introduced Howard Shelanski at his only public appearance so far during his tenure as Administrator of the White House Office of Information and Regulatory Affairs (OIRA), Revesz described Shelanski as, “from our perspective, close to the most important official in the federal government.”

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