(Photo: Marcin Wichary) Ten years from now, electric (EV), hybrid and natural-gas powered cars will make some, albeit not yet decisive, inroads in our lives. There are economic, lifestyle and technological reasons for this. First, it is the technology of hydraulic fracturing, and improved 3-D seismic and imaging techniques, which provides us with the ability […]
Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev. Biden will advise on “transparency, corporate governance and responsibility, international expansion and other priorities” to “contribute to the […]
Jim West/ZUMA Press/Newscom America has a jobs problem. And we don’t need more economic “stimulus” packages or government solutions. We need Congress and the Obama administration to stop dragging their feet. In a new report, Heritage’s Rachel Greszler says that “The problem with today’s labor market is not that too many people are being laid […]
Domestic prices in Europe will go up by at least 50 percent, if it cuts supplies from Russia, according to Russia’s Energy Minister Alexandre Novak. “Moving away from pipeline transportation of natural gas, construction of terminals and deliveries of liquefied natural gas will lead to an increase in gas prices in Europe from the current […]
Russia Could Crush the Petrodollar Russia threatened to dump its U.S. treasuries if America imposed sanctions regarding Russia’s action in the Crimea. Zero Hedge argues that Russia has already done so. But veteran investor Jim Sinclair argues that Russia has a much scarier financial attack which Russia can use against the U.S. Specifically, Sinclair says that if Russia […]
ALICEVILLE, Ala. (AP) — Environmental regulators promised an aggressive cleanup after a tanker train hauling 2.9 million gallons of crude oil derailed and burned in a west Alabama swamp in early November amid a string of North American oil train crashes. So why is dark, smelly crude oil still oozing into the water four months […]
An energy project that would be good for the U.S economy, can be built without taxpayer help, and would have little to no environmental impact? That’s the Keystone pipeline President Obama keeps blocking. A new environmental impact statement released Friday said again that the Keystone XL pipeline is safe. “It finds that the pipeline, a […]
Jim West/ZUMA Press/Newscom President Obama has punted on Keystone XL so many times, it seems like he could have covered the 1,700-mile route of the oil pipeline. With this afternoon’s release of a positive “final environmental impact statement” by the State Department, though, he should do what he should have done a long time ago: […]
It is worthy paying close attention when a certain Saudi prince speaks his mind. Prince Alwaleed Bin Talal is sometimes described as the most powerful Arab in the world, thanks to his enormous wealth, business acumen, and influence in the Saudi royal family, which runs the Kingdom as a family fiefdom. Western-educated, he has shown […]
The arrest several days ago of Iranian billionaire Babak Zanjani, who reportedly helped Iran skirt oil sanctions over the country’s nuclear program, remains shrouded in mystery. Zanjani, who has a net worth of around $13.8 billion, admitted to using a web of 60 companies in the UAE, Turkey and Malaysia to sell Iranian oil for the […]
