Tag Archives: energy

Louis Dreyfus Energy Pays $4 Million for ‘Stealing’ Natural Gas

Louis Dreyfus Energy Services has paid the United States $4,084,000 to settle allegations that it violated the False Claims Act by failing to pay money owed on natural gas acquired from the Department of the Interior, which is to say U.S. taxpayers. Continue reading

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Energy Research to be Coordinated by Three Federal Agencies

In a public relations move that clearly has political value during an election year with skyrocketing energy prices, the U.S. Department of Energy, Environmental Protection Agency and Department of the Interior are supposed to work together β€œto ensure that continued expansion of natural gas and oil production happens safely and responsibly.” Continue reading

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Iran Threatens to Close Strait of Hormuz, Shut Off Oil Supply. Here We Go With Another Oil Crisis Caused by Despots?

The larger issue remains an amorphous U.S. strategy conducted and – alas – at times directed in Washington by big money interests that care not about the welfare of the United States or its citizens. U.S. energy policy going back to President Carter and the first OPEC oil embargo four decades ago has failed under one-term Carter and every successive President and Congress since – Democrat or Republican – to eliminate this security threat – as well as the corresponding national economic decline posed by oil imports and the resulting enormous transfer of U.S. wealth overseas. Continue reading

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EPA to Study Hydraulic Fracturing Effects on Drinking Water

The U.S. Environmental Protection Agency (EPA) has announced its final research plan on hydraulic fracturing, a controversial technique used to extract natural gas that critics maintain has a huge negative impact on the environment with costs passed on to the public by energy companies. Proponents of natural gas maintain that it is a cleaner fuel than oil, and the Federal government is subsidizing vehicles that use it. Continue reading

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Chesapeake Energy Converts 800th Vehicle to Natural Gas

Unlike the volatility in gasoline and diesel prices most recently caused by turmoil in the Middle East, the price of CNG remains steady at $1.39 per gallon of gasoline equivalent in Oklahoma. Continue reading

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