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Power Line Blog: John Hinderaker, Scott Johnson, Paul Mirengoff >http:/www.powerlineblog.com

16 hours ago ago from Power Line

Subscribe to the PL Daily Digest. Some of Our Favorites: Armavirumque Belmont Club Big Government Big Hollywood Big Lizards Claremont Institute Contentions Dartblog Gateway Pundit Hot Air InstaPundit Lucianne Michelle Malkin No Left Turns Real Clear Politics Roger L. Simon Scrappleface Tim Blair Urgent Agenda The Northern Alliance: Commissioner Hugh Hewitt Fraters Libertas ...

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Drumbeat: December 8, 2009

14 hours ago ago from The Oil Drum - Discussions about Energy and Our Future

OIL: A Market Psychology of Fear? VANCOUVER, Canada (IPS/TerraViva) - With or without a binding deal at the climate talks in Copenhagen this month, it seems the world may have to cut its oil consumption, as emerging geological and economic trends limit the availability and affordability of petroleum. Back in the 1970s, Saudi Arabia's flamboyant oil minister Sheik Ahmed Zaki Yamani articulated what has become conventional wisdom for ...

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Bedrock Energy Development’s Brandon Davis Explains That Natural Gas Is A Better Fuel Alternative

16 hours ago ago from Green Blog

Bedrock Energy Development of Denver, Colorado is an Independent Oil and Natural Gas Company specializing in the acquisition of drill sites and fields in petroleum rich areas of the domestic United States. Discovering natural gas has spurred energy experts and policy makers to start looking to natural gas in their pursuit of a wide range of goals: easing the impact of energy-price spikes, reducing dependence on foreign oil, lowering ...

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Drill, Baby, Drill Even Off-Shore

14 hours ago ago from Standing With Sarah

I commend Interior Secretary Salazar’s decision today to conditionally approve drilling at three exploratory wells in the Chukchi Sea off the northwest coast of Alaska; it’s a decision that’s been a long time coming. The area north of the Arctic Circle contains some of the world’s richest oil and gas reserves. U.S. Geological Survey researchers estimate that it contains 1.6 trillion cubic feet of natural gas and 83 billion barrels of ...

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The Power of State Actions

7 hours ago ago from The Dernogalizer

As someone who worked really hard to pass global warming legislation in Maryland to make us a leader, it's great to see the cumulative effect of all these states taking the lead, as seen in this Yale e 360 article.  David Sassoon and Michael Northrop do a great job of connecting the actions to the states to the broader national and international picture.  Here's a few excerpts.. “Taken together the actions initiated by the states, ...

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GE chief hopes Copenhagen leads to US clean energy

8 hours ago ago from Good News Now

GREENVILLE, S.C. -General Electric CEO Jeffrey Immelt said Tuesday he hopes the Copenhagen conference on climate change leads the United States to develop a green energy policy to grow the economy. "What's most important for the U.S. is that we go from Copenhagen, go into 2010, and have the courage to act on clean energy for the good of the country from the standpoint of creating jobs," Immelt told a conference on renewable energy. More than ...

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Crude prices fall for fifth straight day

12 hours ago ago from Good News Now

NEW YORK -Oil prices dipped below $73 a barrel Tuesday on a stronger dollar and a slew of economic data that did not indicate a quick rebound in demand from big energy users or from consumers. Reports from Britain and Germany showed that international manufacturing remains weak. And U.S.-based economists noted that while America's jobless numbers improved last week, that doesn't necessarily mean consumer spending or energy consumption will ...

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'Focus on PA' Broadcast Highlights Tour of Chief Oil & Gas Marcellus Shale Operations

3 hours ago ago from Good News Now

WILLIAMSPORT, Pa., Dec. 8 /PRNewswire/ -- The December edition of Focus on Pennsylvania follows Senator Mary Jo White (R-Venango) and Senator Gene Yaw (R-Lycoming) as they tour Chief Oil & Gas Marcellus Shale natural gas operations in Lycoming County. (Logo: http://www.newscom.com/cgi-bin/prnh/20091208/PH23259LOGO ) The program covers topics such as the economic benefits and job creation from Marcellus Shale development as well as the ...

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Kosmos Energy’s Odum-2 Well Offshore Ghana Successfully Appraises Odum Oil Discovery

22 hours ago ago from PopEater

Kosmos Energy announces today that the Odum-2 appraisal well confirmed the company’s Odum oil discovery made in early 2008 offshore the Republic of Ghana on the West Cape Three Points Block. The results of drilling, wireline logs and reservoir fluid samples show the Odum-2 well penetrated net hydrocarbon-bearing pay of 20 meters (66 feet) in high-quality stacked sandstone reservoirs over a gross interval of 182 meters (597 feet). The well is ...

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Chinese Firms Make $50 Billion Nigeria Oil Bid

11 hours ago ago from Wall Street Journal

NEW DELHI -- Chinese companies have proposed investing $50 billion to buy 6 billion barrels of oil reserves in Nigeria, the African nation's presidential adviser on energy said Tuesday. "Chinese companies have made proposals to buy reserves in Nigeria. Specifically, their application is to acquire 6 billion barrels of oil reserves, which we are currently discussing," Emmanuel Egbogah told reporters on the sidelines of an industry ...

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