Not Logged In Log In   Sign Up   Points Leaders
Follow Us    10:54 AM

Recent Gas News/GasBuddy Blog

11
votes
pump to homepage help
Obama’s punt on renewable fuel sets up fights in court, congress

Blooberg -- The Obama administration’s decision to put off issuing quotas for the use of renewable fuels this year sets up fights in Congress and the courts over a program that’s been bitterly contested for nearly a decade  (go to article)

Submitted 20 minutes ago By:
6 Comments
Not Newsworthy
17
votes
pump to homepage help
The Downside of the Boom

NY Times -- North Dakota took on the oversight of a multibillion-dollar oil industry with a regulatory system built on trust, warnings and second chances.  (go to article)

Submitted 50 minutes ago By:
epf
12 Comments
Not Newsworthy
26
votes
pump to homepage help
China Needs 1,000 Nuclear Reactors to Fulfill Its Climate Pledge

Bloomberg News -- China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.  (go to article)

Submitted 2 hours ago By:
56 Comments
Not Newsworthy
25
votes
pump to homepage help
Natural Gas Boom Is Drowning Out Coal Industry's Battle Cries

Forbs -- While a lot of the political fodder during the 2014 election season focused on the “war on coal,” a bigger and even stronger show of force is transforming the nation’s economic landscape, especially in “war torn” Appalachia: natural gas.

The natural resource has emerged from the back burner of U.S. energy development and onto the hot seat. Over the last seven years, it has not only fueled new economic growth but it has also changed the way electricity is generated. Beyond the newfound abundance — a result of shale gas drilling technologies — the manufacturing sector has subsequently boomed.

To be clear, dry natural gas can be used for electric generation. Wet natural gas, or natural gas liquids that include methane, ethane butane and propane, are separated from the dry gas.  (go to article)

Submitted 4 hours ago By:
51 Comments
Not Newsworthy
32
votes
pump to homepage help
Hybrid vehicle momentum stalls

Detroit News -- Nowhere do automakers sell more hybrid vehicles than California, with its unique combination of environmental consciousness, high gas prices and traffic-choked highways.

But new hybrid models are in short supply at the Los Angeles Auto Show — one sign that the technology is still struggling to break out of its green-car niche, experts say.

Although the pioneering Toyota Prius has been the bestselling car in California for two years and still sells well nationally, market share for all hybrids appears to have hit a wall at about 3 percent of all cars sold. The share hasn't increased in two years.

"We're looking at a segment that has stagnated," said Jeremy Acevedo, senior analyst at auto research firm Edmunds. "It's more noticeable because the segment had such lofty expectations.  (go to article)

Submitted 5 hours ago By:
80 Comments
Not Newsworthy
24
votes
pump to homepage help
Fiat Chrysler fire back at NHTSA over recalls

USA Today -- Fiat Chrysler CEO Sergio Marchionne has fired back at the National Highway Traffic Safety Administration one day after the agency blasted the automaker for its "woeful" recall repair rate on 1.56 million Jeep SUVs.

On Thursday, NHTSA Deputy Administrator David Friedman criticized Chrysler for the time it is taking the automaker to get parts to dealers and convince customers to fix Jeep SUVs under a recall to install trailer hitches to protect rear-mounted fuel tanks.

"With respect to your letter of November 19, be assured Chrysler Group takes seriously its commitment to motor-vehicle safety," Marchionne said in a letter Friday to Friedman. "I feel compelled to deliver up-to-date information that should alleviate your concerns."  (go to article)

Submitted 5 hours ago By:
31 Comments
Not Newsworthy
35
votes
pump to homepage help
For Google's self-driving cars, learning to deal with the bizarre is essentia

Star Tribune -- In 700,000 miles of navigating roads, Google's self-driving cars have encountered just about everything -- including an elderly woman in a motorized wheelchair flailing a broom at a duck she was chasing around the street.

Apparently perplexed and taking no chances, the vehicle stopped and refused to go farther.

Through extensive testing covering nearly every street in Google's hometown of Mountain View, Calif., the company's 20 or so autonomous vehicles have developed an abiding sense of caution. Google researchers concede it will take more experience on the roads before the autos can learn to cope with every situation without becoming bewildered and shutting down, stranding passengers. When that happens now, researchers have to take the wheel and step on the gas.

One of the most surpri  (go to article)

Submitted Today By:
225 Comments
Not Newsworthy
32
votes
pump to homepage help
US welcomes oil deal between Kurdistan, Baghdad

Gulf News -- US Vice President Joe Biden welcomed an agreement between Iraq’s central government and its northern Kurdistan region over the management of oil exports, a step forward in a feud that has threatened the unity of Iraq.

After years of friction, the two sides last week struck a deal in which Kurds will give half of their overall oil shipments to the federal government and Baghdad will pay overdue civil servants’ salaries in the region.

“I was encouraged to see the recent interim agreement between Baghdad and Arbil on managing exports and revenue sharing,” Biden told an Atlantic Council summit on energy and the economy in Istanbul on Saturday.

Oil has been at the heart of a feud between the Arab-led government in Baghdad and the ethnic Kurdish-run northern enclave, which dispute control...  (go to article)

Submitted Today By:
42 Comments
Not Newsworthy
38
votes
pump to homepage help
Flurry of B.C. court battles threaten to drive away investment

The Globe and Mail -- A flurry of court cases has tied up more than $25B worth of resource projects this year as FN, environmental groups and others battle pipelines, mines, a dam and a coal port – a situation that some observers fear will drive away investment

Executive VP/CPO for the Business Council of BC worries BC's reputation could suffer if the wave of litigation continues

“The No.1 reason why investors are reluctant to invest in BC is because of the FN land-uncertainty question

One of the reasons for all the legal action is that the government is not doing enough to protect the environment

One way to restore public confidence and cut down on the litigation would be for the province to get out of the agreement that authorizes the NEB to approve Northern Gateway and Trans Mountain pipeline proposa  (go to article)

Submitted Today By:
724 Comments
Not Newsworthy
32
votes
pump to homepage help
OPEC panel reviews oil outlook in a start to talks on oversupply

Reuters -- (Reuters) - A panel of national representatives reviewed OPEC's oil market outlook for 2015 this week, OPEC sources said, preparing the ground for a policy-setting meeting next week that will decide how to address a looming oversupply of crude.

The Economic Commission Board concluded a two-day meeting in Vienna on Friday ahead of the gathering of the group's oil ministers on Nov. 27. It does not recommend policy to the ministers.

The panel reviewed the supply and demand forecasts published in the oil exporter group's monthly market report, which predicted lower demand for OPEC crude in 2015 and oversupply in the market if OPEC maintains its current output.

"It was a general discussion on the 2015 outlook," one of the OPEC sources said.

Oil prices have fallen by 30 percent since June  (go to article)

Submitted Today By:
35 Comments
Not Newsworthy
31
votes
pump to homepage help
Russia to seek new partners if Western oil majors leave - minister

REUTERS -- Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday.

The sanctions over Russia's role in the Ukraine crisis have targeted the delivery of oil technology goods and services, aiming to make it harder for Moscow to access new oil sources.

"If (Western) companies decide for themselves not to take part in organising investment projects in the long term, we will invite investors from countries which have not imposed sanctions against us and our oil and gas companies" Novak was quoted as saying in response to a question at a meeting with students.

Russia, the world's biggest energy exporter, relies on oil and gas exports...  (go to article)

Submitted Today By:
177 Comments
Not Newsworthy
35
votes
pump to homepage help
NC motorists see lowest gas prices in 5 years

WNCN -- CHARLOTTE, N.C. -
More North Carolinians are heading over the river and through the woods for Thanksgiving, and they will find the trip won't cost nearly as much as it has recently.

AAA Carolinas says 1,345,000 North Carolinians are expected to travel 50 miles or more from home. About 1,210,500 of those travelers will drive, an increase of about 48,600 than last year. They will be enjoying the lowest gas prices in five years.

Gas prices in North Carolina are averaging $2.77, down 57 cents from Labor Day. Residents also are paying 46 cents less at the pump compared to last Thanksgiving.

AAA Carolinas President and CEO David Parsons says lower gas prices have encouraged more people to travel for Thanksgiving.  (go to article)

Submitted Today By:
708 Comments
Not Newsworthy
29
votes
pump to homepage help
U.S. Rejects Proposal for Solar Project in California Desert

Bloomberg -- The U.S. Interior Department rejected a proposal to build a 200-megawatt solar farm in Southern California.

It’s the first time the agency’s Bureau of Land Management has denied a permit for a solar plant outside certain zones that have been designated as preferred locations for solar power, the administration said yesterday in a statement.

Iberdrola SA (IBE)’s plan to build the photovoltaic power plant in California’s Silurian Valley would have had negative impacts on wildlife and recreational activity that “could not be mitigated,” according to the statement.

Iberdrola’s renewable energy unit is disappointed in the decision and is considering whether to appeal within the 30 days allowed by BLM, said Paul Copleman, a spokesman.
 (go to article)

Submitted Today By:
143 Comments
Not Newsworthy
17
votes
pump to homepage help
Inslee says state will act on oil trains

The Olympian -- The number of oil trains running across Washington is unacceptable, and the Legislature will consider bills in the upcoming session that mandate advance notification of oil shipments by rail as well as more funding for railroad crossings and emergency response training, Gov. Jay Inslee said Friday.

King County Executive Dow Constantine added that oil companies are raking in profits while “the rest of us are picking up the costs.”

“Those who are profiting should shoulder the financial burden,” Constantine said.  (go to article)

Submitted Yesterday By:
25 Comments
Not Newsworthy
32
votes
pump to homepage help
The U.S. government thinks China could take down the power grid

CNN International -- China and "probably 1 or 2 other" countries have the capacity to shut down the nation's power grid and other critical infrastructure through a cyber attack, NSA told a Congressional panel Thu

The U.S. has detected malware from China and elsewhere on U.S. computers systems that affect the daily lives of every American

Hackers working on behalf of the Chinese government were able to penetrate American public utility systems that service everything from power generation, to the movement of water and fuel across the country

Admiral Rogers declined to identify who the other countries, because of the classified nature of their identities

A catastrophic cyber-attack that causes significant losses in life and financial damage would occur by 2025

"It is only a matter of the when, not the if, t  (go to article)

Submitted Yesterday By:
59 Comments
Not Newsworthy
41
votes
pump to homepage help
Robin Hooders" pay expired meters

usa today -- The self-styled "Robin Hooders" race to the rescue of the parking peasantry, pumping quarters into their expired meters and leaving behind cards informing them they have been saved from "the king's tariff."

Nobody, not even the king - in this case the quaint New Hampshire college town of Keene - disputes their right to use pocket change as political capital in what they view as a fight against government oppression.

But city officials say the not-so-merry band leaves behind more than cards with a cartoon Robin Hood and a suggestion to pay their good deed forward: stressed-out parking enforcement officers. And now the New Hampshire Supreme Court is deliberating if there is a line to be drawn between protecting free speech rights and protecting government employees from harassment.  (go to article)

Submitted Yesterday By:
73 Comments
Not Newsworthy
20
votes
pump to homepage help
Automakers are rolling out features en route to self-driving cars

LA Times -- The next phase of autonomous driving is already in development. Audi said its cars would be capable of "highly automated driving" at speeds up to 40 mph, without driver input, within three to four years.

Cadillac said vehicles in its 2017 lineup would offer customers an advanced driver-assist technology called Super Cruise, which "will offer customers an automated driving experience that includes hands-off lane following, braking and speed control in certain highway driving conditions."

Koslowski, the analyst, estimated that, by 2018, 20% of new vehicles would be "self-aware," or capable of making intelligent decisions about speed, direction and collision avoidance — faster, and more accurately, than their human drivers.  (go to article)

Submitted Yesterday By:
38 Comments
Not Newsworthy
29
votes
pump to homepage help
Study: Fuels from corn waste not better than gas

Associated Press -- Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.

A $500,000 study paid for by the federal government and released Sunday in the peer-reviewed journal Nature Climate Change concludes that biofuels made with corn residue release 7 percent more greenhouse gases in the early years compared with conventional gasoline.

While biofuels are better in the long run, the study says they won't meet a standard set in a 2007 energy law to qualify as renewable fuel.
 (go to article)

Submitted Yesterday By:
46 Comments
Not Newsworthy
34
votes
pump to homepage help
Poop bus fueled by human waste

USA Today -- here's a new poop-related form of transport on the road, and this one is more neat than nasty.

A "Bio-Bus" that runs solely on the biomethane gas generated by treated waste (of the food and human variety) is up and running as of this week in the UK, where it's following a Bristol-to-Bath route.

The BBC reports that the 40-seat bus can go 186 miles on a single tank of gas; creating that tank requires the equivalent of five people's waste for one year. (It's unclear if that's sewage waste only, or includes a person's food waste, too.)

The bus emits 30% less carbon dioxide than a comparable diesel engine would.

GENeco runs Bristol sewage treatment works, which produces the gas through a process known as anaerobic digestion: oxygen-hungry bacteria break down the waste, producing the gas;  (go to article)

Submitted Yesterday By:
69 Comments
Not Newsworthy
25
votes
pump to homepage help
Premiers Wynne and Couillard set seven criteria for Energy East

The Globe and Mail -- TransCanada must consider the effect of the Energy E pipeline on global warming if it wants ON and QC to give the $12B project their blessing

That requirement was one of 7 Premiers Wynne and Couillard agreed to jointly impose in a meeting of their 2 cabinets in Toronto on Fri

“AB needs to move its resources across the country, and we want to work with AB. But we also have to protect people in ON and QC

The sit-down between the nation’s 2 largest provinces was designed to rekindle a relationship. The governments cut deals to trade more electricity and to push for national targets on curbing climate change

On top higher GHG emissions, the 2 provinces are demanding the company consult FN and other locals, take on all environmental and economic risks, and consider the needs of natural gas  (go to article)

Submitted Yesterday By:
16 Comments
Not Newsworthy
42
votes
pump to homepage help
OPEC Underestimated Resiliency of U.S. Oil Output: Yergin

Bloomberg -- OPEC was mistaken in thinking that U.S. shale oil production would be unprofitable once crude prices slipped below $90 a barrel, according to Pulitzer Prize-winning author Daniel Yergin.

The Organization of Petroleum Exporting Countries will have a tough time coming to an agreement about production when ministers gather Nov. 27 in Vienna, said the vice-chairman of IHS Inc., an Englewood, Colorado-based consultant. Oil prices plunged into a bear market last month, the result of a surge in shale drilling that lifted U.S. output to a three-decade high, as OPEC output rose and there were increasing signs of slower demand growth.

“One of the big surprises for many is how resilient the shale oil sector is in the United States because of technology, efficiency,” Yergin said in an interview ...  (go to article)

Submitted Yesterday By:
61 Comments
Not Newsworthy
36
votes
pump to homepage help
OPEC won't cut production to stop oil slide: Pros

CNBC -- OPEC will not cut production in order to stop the downward slide of oil prices, two energy pros predicted on Friday.

The agency is slated to meet on Thanksgiving Day and with oil prices on a recent downward spiral, market bets on the outcome of the meeting have varied.
 (go to article)

Submitted Yesterday By:
63 Comments
Not Newsworthy
28
votes
pump to homepage help
Can Central Banks Bail Out OPEC?

Fox Business -- As OPEC is getting ready to meet next week in what will be their most important meeting in recent memory, it seems that global central bank actions may be doing some of the heavy lifting to support global oil demand expectations. Not only do you have China pumping a reported 50 billion yuan or the equivalent of $8.2 billion into their system, you have European Central Bank (ECB) Chairman Mario Draghi saying the ECB must drive inflation higher. The hope is that these measures can lift the Chinese’s and Euro-zone economy out of its funk and increase its shaky oil demand.  (go to article)

Submitted Yesterday By:
54 Comments
Not Newsworthy
30
votes
pump to homepage help
100 Candles and Quite a Few Darts

NY Times -- From the moment the first Dodge was completed on Nov, 14, 1914, the cars gained a reputation as reliable and unpretentious. In 1922 Harry S. Truman ran his first campaign — for Jackson County judge in Missouri — out of a Dodge roadster, and in retirement had a ’55 Custom Royal Lancer.  (go to article)

Submitted Yesterday By:
33 Comments
Not Newsworthy
29
votes
pump to homepage help
Porsche reveals Cayenne GTS

MarketWatch.com -- Porsche’s GTS name hails from 1963, when Porsche called its Carrera the 904 GTS, and in 2007 it revived the acronym for this very SUV. The next Cayenne GTS makes its debut at the Los Angeles Auto Show, running now through Nov. 30.

The GTS gets a 20-hp bump in output, for a total of 440 hp, from its 3.6-liter twin-turbocharged V6. That goes along with 445 lb-ft of torque, 62 lb-ft more than the last model. That’s good for a 0-60 sprint time of 5.2 seconds.

Porsche says its PASM suspension has a “particularly sporty” calibration in the GTS, which sits about 1 inch lower than the base model. The GTS also borrows its brakes from the Cayenne Turbo, which measure 15.3 inches in front and 14.1 inches in back. The calipers are also painted red like the other Turbo cars.  (go to article)

Submitted Yesterday By:
46 Comments
Not Newsworthy
51
votes
pump to homepage help
Toyota Unveils Hydrogen-Powered 2016 Mirai

GasBuddy Blog -- Image From ..caranddriver.comToyota has unveiled a mid-size car that runs on hydrogen fuel cells, joining some of its rivals as they mark a new foray into alternative powertrains.The world’s top seller of cars and trucks said this week the 2016 Mirai will be available starting in the fall of 2015. Toyota expects to make only 700 of the vehicles next year. The Mirai—a Japanese word that translates to “future”—will be rolled out at select dealers that have hydrogen fueling stations nearby.Toyota hopes the Mirai can attract drivers in the same way its Prius helped pave the way for hybrids and electric cars after launching in 1997. In five or six years, the automaker hopes to boost sales to the tens of thousands....  (go to article)

Submitted Yesterday By:
PD
2050 Comments
Not Newsworthy
39
votes
pump to homepage help
US oil manages to settle higher after brief dip

CNBC -- US crude settled below $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree to reduce oil production.
U.S. crude's front-month contract settled 66 cents higher, or 0.9 percent, at $76.51, after briefly turning lower earlier.

The front-month contract for benchmark Brent crude was up by nearly $1 at $80 a barrel, after having risen $2.28 earlier to a session high of $81.61.
China's central bank cut its benchmark interest rates for the first time in more than two years to reduce borrowing costs and support an economy on track for its slowest annual growth in 24 years.

China is the largest net importer of petroleum and metals, and the rate cut sent most commodity prices surging.Expectations of an output cut from the Organization of the Petroleum Exporting  (go to article)

Submitted Yesterday By:
62 Comments
Not Newsworthy
48
votes
pump to homepage help
EPA Delays Decision on Ethanol in Gas

ABC News -- Last year the Environmental Protection Agency proposed to reduce the amount of ethanol in fuel for the first time, acknowledging that a biofuel law that both Republicans and Democrats had championed nearly a decade ago was not working as well as expected.

A final decision was due before the end of the year on the already-delayed standards, but the EPA said Friday the final rule will now come in 2015.

The ethanol targets are required by a 2007 law that tried to address global warming, reduce dependence on foreign oil and boost the rural economy by requiring oil companies to blend billions of gallons of biofuels into gasoline annually. But lawmakers did not anticipate fuel economy would improve as much as it has in recent years, reducing overall demand for gasoline.

 (go to article)

Submitted Yesterday By:
829 Comments
Not Newsworthy
76
votes
pump to homepage help
'America loves you': Jay Leno surprises wounded veteran with new car

Today / NBC News -- Behind every salute and every handshake from a soldier, there's a great story. Jay Leno set out to share one of those stories, and went above and beyond to show his appreciation for their service — by giving a soldier a brand new car.

"We took all these wounded warriors and did sort of a lottery and reached in and picked a soldier at random (to) do something for him and hopefully it expresses what we want to do for all the soldiers," Leno said.

That soldier was Cpl. Ethan Laberge. Laberge had been on foot patrol in Afghanistan when a suicide bomber drove up and detonated himself, seriously injuring Leberge and killing two fellow soldiers who had been standing with him.

..Leno had just the thing for Leberge: a ride in a 2015 Dodge SRT Hellcat.

When Leno asked Leberge if he wanted to tak  (go to article)

Submitted Yesterday By:
1337 Comments
Not Newsworthy
39
votes
pump to homepage help
Toyota recalls nearly 423,000 Lexus cars; fuel leaks can cause fires

associated Press -- DETROIT - Toyota is recalling nearly 423,000 Lexus luxury brand cars in the U.S. to fix fuel leaks that can cause fires.

The recalls affect the 2006 to 2011 GS, 2007 to 2010 LS and the 2006 to 2011 IS models.

Toyota says that the cars' fuel lines have nickel phosphate plating to protect against corrosion. Some lines could have been built with particles coming in contact with a gasket. That can cause the sealing property to deteriorate and trigger fuel leaks.

Toyota says it's not aware of any fires or injuries caused by the problem.

The company first began looking into the matter in June of 2010 after getting a report of gasoline odour coming from a customer's engine compartment, according to documents posted Friday by the National Highway Traffic Safety Administration. Toyota investiga  (go to article)

Submitted Yesterday By:
53 Comments
Not Newsworthy
39
votes
pump to homepage help
Russia to Cooperate With Saudis on Oil, Avoiding Output Cuts

Bloomberg -- Russia said it’s willing to cooperate with Saudi Arabia on the oil market, while avoiding a commitment to limit output to reverse plunging prices.

The two countries also sought to overcome differences on Syria during the first ever talks in Moscow between their foreign ministers, marking a thawing of ties between the world’s two biggest oil exporters.

Oil has collapsed into a bear market this year as the U.S. pumps crude at the fastest rate in more than three decades and demand shows signs of weakening. Russia, which depends on oil and gas for about half its revenue, is on the brink of recession amid U.S. and European sanctions targeting its energy and financial industries.

Saudi Arabia and Russia, which together produce 25 percent of global oil, agreed the market “must be free of...  (go to article)

Submitted Yesterday By:
251 Comments
Not Newsworthy
43
votes
pump to homepage help
Safe home heating: Eight tips to stay alive this winter

Cleveland.com -- There is more to home heating than the price of natural gas or electricity. And what you don't know can be fatal.

There is more to worry about winter heating than the price of natural gas or electricity. And what you don't know can be fatal.

Here are eight heating safety tips, courtesy of the Public Utilities Commission of Ohio and Consumer Reports:

>Have the furnace inspected and if necessary tuned up every fall. And ask for an inspection of the chimney or PVC exhaust piping now used to vent high-efficiency furnaces.

>Never use an oven to heat the house. Most household ovens are not vented, and incomplete combustion can produce carbon monoxide, an orderless killer.

> Make sure chimneys and vent pipes for fireplaces and wood stoves are in good shape, not clogged and will not leak...  (go to article)

Submitted Yesterday By:
836 Comments
Not Newsworthy
35
votes
pump to homepage help
Worker in deadly blast on oil and gas platform in Gulf was cleaning equipment, company says

Star Tribune -- NEW ORLEANS — A worker killed in an offshore explosion was cleaning a piece of equipment during routine maintenance at its oil-and-gas platform in the Gulf of Mexico, the company that runs the platform said Friday.

Houston-based Fieldwood Energy LLC said another worker suffered "visible injury" and two others reported ringing in their ears after the explosion, which was reported just before 3 p.m. Thursday. The company said the three injured workers have been released from the hospital.

Fieldwood said the worker who was killed Thursday was cleaning a piece of equipment that separates oil from water liquids when an "isolated pressure event" occurred. The company said the victim and the other worker with visible injuries were employed by Turnkey Cleaning Services, a Louisiana company speci  (go to article)

Submitted Yesterday By:
651 Comments
Not Newsworthy
32
votes
pump to homepage help
Tire comes off, hits oncoming car, kills 1 on Route 28

Pittsburgh Tribune Review -- Allegheny County police accused an unlicensed Kentucky man, Eric Gonzalez-Huerta, 23, of causing the accident. A tire from his uninsured trailer popped off as he drove south, hauling material from a construction site.

He did not have a valid driver's license, and neither the truck nor the trailer was insured, police said. Gonzalez-Huerta is an illegal immigrant, according to the complaint
 (go to article)

Submitted Nov 21, 2014 By:
51 Comments
Not Newsworthy
24
votes
pump to homepage help
Toyota Canada fined $65,000 after Woodstock worker's arm fractured

Canadian Press -- Toyota Canada has been fined $65,000 after a worker was caught in a moving production line and fractured an arm in multiple places.

The auto-maker pleaded guilty to failing as an employer to ensure that measures under the Occupational Health and Safety Act were carried out.

The incident took place on Oct. 1, when an employee on an instrument panel line at Toyota's Woodstock, Ont., plant was carrying out assembly-related tasks on a chain-driven conveyor.

The Ministry of Labour says the worker noticed part of the production line was running in slow mode rather than the normal production mode.

Hoping to prevent stalling or a shut-down, the worker then reached under the line to press a re-set button while the line was still in operation.

In doing so, one of the worker's arms became trappe  (go to article)

Submitted Nov 21, 2014 By:
25 Comments
Not Newsworthy
23
votes
pump to homepage help
More Kinder Morgan protesters arrested on Burnaby Mountain

CBC News -- Burnaby RCMP say a total of 34 anti-pipeline protesters have been arrested and charged with civil contempt since police began arresting people Thu morning for defying a court injunction to stay clear of KM's worksite

26 people were arrested Thu and 8 today

The protesters vowed to continue their fight to block geo-technical survey work by KM, even after their arrests. FN and environmental groups held a morning news conference to announce their continued defiance

All but 5 of the protesters that were arrested have been released, charged with civil contempt of court

KM is proposing to bore a tunnel under the mountain for the rerouting and expansion of its existing pipeline

The company obtained a court injunction last Fri to have protesters removed from the site, but police did not step i  (go to article)

Submitted Nov 21, 2014 By:
38 Comments
Not Newsworthy
24
votes
pump to homepage help
Stronger WTI Midland differential lifts Light Houston Sweet

Platts -- The Light Houston Sweet differential strengthened week on week due to West Texas Intermediate in Midland, Texas, being supported by higher demand with Plains All-American Pipeline's Sunrise crude pipeline set to startup in December, sources said. LHS was assessed Thursday at $2.65 below the Light Louisiana Sweet differential at WTI plus $1/b or $76.53/b.

The LHS differential steadily increased over the last week as bids stepped up from LLS minus $3.20/b to LLS minus $2.90/b by Tuesday for WTI at the Magellan East Houston crude terminal.

Plains announced in early November that its 250,000 b/d Midland-to-Colorado City, Texas, crude line would be placed into service in December, but market participants were skeptical of it starting on time. Now that it seems that the pipeline will begin ope  (go to article)

Submitted Nov 21, 2014 By:
23 Comments
Not Newsworthy
22
votes
pump to homepage help
Intel boss' warning on cyber attacks no joke, say experts

foxnews.com/W -- Top cybersecurity experts echoed a dire warning from a top intelligence chief on the vulnerability of the U.S. power grid, with one telling FoxNews.com that state-sponsored hackers could send America’s nerve centers on an “uncontrollable, downward spiral.”

Admiral Michael Rogers, director of the National Security Agency and commander of the U.S. Cyber Command, told lawmakers Thursday that adversaries of the U.S. conduct regular electronic reconnaissance to reveal weaknesses in America’s industrial control systems, ranging from power plants to sewage facilities. The nation's entire power infrastructure could prove vulnerable to a crippling assault, should China or any of the other nations who sponsor such efforts find an Achilles' heel and move to exploit it, he said.
Rogers was not exagge  (go to article)

Submitted Nov 21, 2014 By:
47 Comments
Not Newsworthy
30
votes
pump to homepage help
Ford F-150 mpg tops among full-size gas-powered pickups

The Detroit News -- Dearborn – — Ford Motor Co.’s 2015 aluminum-bodied F-150 won’t surpass the Ram EcoDiesel as most fuel-efficient pickup, but its 26 mpg on the highway is tops among all gas-powered full-size pickups.

The Dearborn automaker on Friday released mileage numbers that are between 5 percent and 29 percent better than last year’s model, depending on engine size.

Equipped with the new 2.7-liter EcoBoost engine, the highly anticipated pickup can get 19 mpg city, 26 mpg highway and 22 mpg combined. Ford expects this new engine option will account for about 28 percent of new F-150 sales once trucks hit dealer lots in the coming days. The most fuel-efficient 2014 F-150 was rated at 23 mpg on the highway.

Before Friday’s numbers were released, the 2015 Ram 1500 was the leader among gas-engine trucks,  (go to article)

Submitted Nov 21, 2014 By:
71 Comments
Not Newsworthy
28
votes
pump to homepage help
Renewable Fuels Quotas for 2014 Delayed by EPA After Fight

Bloomberg News -- The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.

Almost a year late in setting rules for using ethanol, biodiesel and cellulosic fuels in gasoline, the EPA today abandoned trying to act before year end. The agency could waive the requirements for 2014 altogether or accept whatever has been produced as meeting the mandate.

“Finalization of the 2014 standards rule has been significantly delayed,” EPA said in a statement published on its website today. “Due to this delay, and given ongoing consideration of the issues presented by the commenters, EPA is not in a position to finalize the 2014 RFS standards rule before the end of the year.”  (go to article)

Submitted Nov 21, 2014 By:
38 Comments
Not Newsworthy
20
votes
pump to homepage help
U.S. Oil Rig Count Drops to 1,574, Baker Hughes Says

Bloomberg -- The U.S. oil rig count declined for the third time in four weeks as crude traded below $80 a barrel for the third straight week.

Rigs targeting oil fell by four to 1,574 this week, Baker Hughes Inc. said on its website today, down from the 2014 peak of 1,609 six weeks ago. Those drilling for natural gas increased by five to 355, the Houston-based field services company’s website. The total count rose by one to 1,929.
 (go to article)

Submitted Nov 21, 2014 By:
40 Comments
Not Newsworthy
30
votes
pump to homepage help
U.S. EPA Said to Drop Renewable Fuel Quotas Planned for 2014

Bloomberg -- The Environmental Protection Agency today will abandon its proposed rule setting renewable-fuel targets for 2014, according to people familiar with the decision.

The EPA plans to instead propose standards for 2014, 2015 and 2016 next year, according to an administration official who requested anonymity. The EPA could waive the requirements for 2014 altogether or accept whatever has been produced as meeting the mandate.

The agency will announce the change at 11 a.m. Washington time today, the people in contact with administration officials said. The people spoke on the condition they not be identified to discuss the matter before the EPA announcement.

The EPA is about a year late in setting the quotas for ethanol and other renewable fuels for 2014, and with less than six weeks left in th  (go to article)

Submitted Nov 21, 2014 By:
51 Comments
Not Newsworthy
39
votes
pump to homepage help
How Americans have saved 15 billion gallons of gas

The Globe and Mail -- In 1923, the average vehicle managed 14 mpg and, for the next 50 years, fuel efficiency went downhill.

By 1973, the average was 11.9 mpg. Disappointing, but understandable. This was an era of cheap and plentiful oil. However, the industry’s gas-guzzling ways spun the image of a voracious and wasteful business.

While that image was grounded in fact 40 years ago, something different is true today. A recent study by the University of Michigan Transportation Research Institute shows fleet-wide fuel economy began to improve after 1973. By 1991, it hit 16.9 mpg, and while it then stalled for a decade and a half, fuel economy across the automotive fleet has taken a dramatic turn for the better since 2007.  (go to article)

Submitted Nov 21, 2014 By:
84 Comments
Not Newsworthy
27
votes
pump to homepage help
Oil above $80 on China rate cut, possible OPEC move

www.cnbc.com -- Brent crude oil traded above $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree next week to reduce oil production.

China's central bank cut its benchmark interest rates for the first time in more than two years on Friday to lower borrowing costs and support an economy on track for its slowest annual growth in 24 years.

The rate cut added to a positive mood among oil traders anticipating an agreement by the Organization of the Petroleum Exporting Countries on Nov. 27 to trim production in an attempt to bolster oil prices.

Brent rose $1.05 to trade at $80.38 shortly after 9:30 a.m. EDT after touching a high of $81.61 earlier in the morning. The benchmark looked set to snap an eight-week losing streak if the gains were sustained on Friday.  (go to article)

Submitted Nov 21, 2014 By:
47 Comments
Not Newsworthy
34
votes
pump to homepage help
Toyota Lexus to recall some 2006-2011 models due to fuel leak

Reuters -- (Reuters) - Toyota Motor Corp (7203.T) will recall 422,509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday.

The recall covers Lexus LS from model years 2007 to 2010, Lexus GS from 2006 to 2011 and Lexus IS from 2006 to 2011.

The National Highway Traffic Safety Administration said fuel might leak where the fuel pressure sensor is attached to the fuel delivery pipe. If a spark occurs, fire could start.
Toyota told the NHTSA that it was not aware of any fires or injuries caused by this condition.

Beginning next month, Toyota is to notify owners of various versions of the three models affected and tell them to bring their vehicles into dealerships for repair.  (go to article)

Submitted Nov 21, 2014 By:
49 Comments
Not Newsworthy
35
votes
pump to homepage help
Carjackers scam Maryland drivers by putting $100 bills on windshields

NEW YORK DAILY NEWS -- You may think a $100 bill randomly appearing on your windshield is an early Christmas present.

But cops in Maryland are warning people to beware — it could be a scam by thieves who want to boost your car.

Heartless criminals are said to be targeting naive vehicle owners by placing the Benjamin in full view on the front window.
 (go to article)

Submitted Nov 21, 2014 By:
76 Comments
Not Newsworthy
48
votes
pump to homepage help
GasBuddy Outsmart the Pump Sweepstakes Winner Announced

GasBuddy Blog -- If you think gas prices have been low lately, imagine paying $0 at the pump for the entire year. That’s what Brenda Price of Lilburn, Georgia will be paying as GasBuddy’s “Outsmart the Pump” summer sweepstakes winner.

Price and her husband Allen Price are retirees and active volunteers at the Society of St. Vincent de Paul Georgia, a non-profit organization dedicated to serving the poor and disadvantaged in the community. When asked what they plan to do with the winnings, the couple said they plan to volunteer even more, now that gas costs won’t be much of a concern.

“I couldn’t believe we won!” Brenda Price said. “You never think something like this could actually happen to you. We are very blessed. It’s overwhelming.”...  (go to article)

Submitted Nov 21, 2014 By:
PD
2977 Comments
Not Newsworthy
25
votes
pump to homepage help
Buffett’s BNSF Sees Lower Crude Growth on Oil-Price Drop

Bloomberg -- BNSF Railway Co. Chairman Matt Rose said expansion of crude-oil shipments is threatened with the commodity’s decline in price, even as a strengthening U.S. economy boosts rail freight.

The growth of shale-oil production will slow with crude in the $70 dollar-per-barrel range and will be eliminated in the $60 range, Rose said yesterday at the RailTrends conference in New York. If prices drop into the $50 range, output would decline.

“As oil prices come down, the rate of new wells being drilled will fall. I don’t think there’s any doubt about that,” Rose said in an interview. “So the opportunity for more growth goes down as oil prices continue to fall.”
BNSF, owned by Warren Buffett’s Berkshire Hathaway Inc., has benefited from the surge in crude production at shale fields including  (go to article)

Submitted Nov 21, 2014 By:
33 Comments
Not Newsworthy
32
votes
pump to homepage help
Canadians Protest TransMountain Pipeline

The Canadian Press -- Pipeline protesters shouted and chanted at Kinder Morgan survey crews, as they arrived under a police escort on Burnaby Mountain.The expanded pipeline would triple capacity to transport Alberta oil to a terminal in Burnaby BC through a tunnel in the mountain.  (go to article)

Submitted Nov 21, 2014 By:
20 Comments
Not Newsworthy
28
votes
pump to homepage help
Nearly 300 attend public hearing on pipeline plan

The Washington Times -- PEARISBURG, Va. (AP) - Nearly 300 people attended the Giles County Board of Supervisors’ public hearing on a proposed natural gas pipeline from West Virginia to Virginia.

The Roanoke Times reports (http://bit.ly/11BCMVu ) that executives of the two companies pushing the 300-mile Mountain Valley Pipeline fielded questions Thursday night about the proposed route and the project’s environmental impact. They also were targeted by critics, including one person who shouted, “How do you sleep at night?”

 (go to article)

Submitted Nov 21, 2014 By:
22 Comments
Not Newsworthy
23
votes
pump to homepage help
Russia's foreign minister: there should be no intervention in global oil production

Fox News -- MOSCOW – Russia's foreign minister says there should be no intervention in global energy production, even as the country's economy takes a hit from rapidly falling oil prices.

After a meeting with his Saudi counterpart in Moscow, Sergei Lavrov said both Russia and Saudi Arabia did not want oil production targets to be affected by "political or geopolitical designs."

The theory that the United States has manipulated global oil production to bring down prices is a popular theme on state-owned television in Russia, where the economy and state budget are heavily dependent on oil exports.  (go to article)

Submitted Nov 21, 2014 By:
20 Comments
Not Newsworthy