Will The Philadelphia Refinery Explosion Send Gas Prices Skyrocketing?

By Michael Bastasch – Re-Blogged From Daily Caller

Explosions at the Philadelphia Energy Solutions (PES) refinery, the largest refinery on the East Coast, sent gasoline futures soaring, but experts say it’s still too early to know the full effects of the incident.

“It is too early to know the full impact the fire at the PES facility will have on summer gas prices and for how long for East coast motorists,” Jeanette Casselano, spokeswoman for the American Automobile Association (AAA), told the Daily Caller News Foundation in an email.

The fire, which started in a butane vat around 4 a.m., set off a series of explosions that rocked neighborhoods miles away. Emergency responders had the fire under control by 7 a.m. and no injuries have been reported.

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Norwegian Oil Pioneer: Big Oil’s Exodus Has Started

Smaller independent oil and gas producers will have more opportunities to develop resources on the Norwegian Continental Shelf (NCS) because in ten years’ time all oil majors except state-participated Equinor will have left Norway’s offshore, the head of a small Norwegian oil firm told Reuters on Tuesday.

“I don’t think we will have any majors on the Norwegian continental shelf in 10 years. Equinor will be the only one left because of the state’s ownership,” Erik Haugane, co-founder and chief executive at OKEA, told Reuters on the day on which the company’s stock started trading on the Oslo Stock Exchange, after a successful completion of an initial public offering (IPO).

Trudeau Declares Climate Emergency… Then Approves Major Oil Pipeline

Pipeline

Canada declared a national climate emergency on Monday. The next day, Prime Minister Justin Trudeau gave the greenlight to a massive oil sands pipeline.

The House of Commons, with strong support declared climate change a “real and urgent crisis.” A week before, Justin Trudeau proposed a ban on single-use plastics, which, if implemented, would be the latest in a growing number of bans on plastic that could put multibillion-dollar bets on plastics and petrochemicals by the oil industry at risk.

Why Germany’s Green Party Is So Strong: A Wake-Up Call

By Rainer Zitelmann & Tichys Einblick – Re-B;ogged From GWPF

The Greens have long been defining the cultural and political agenda in Germany. The more the other parties have been currying favour with them, the stronger the Green Party has become: voters now choose the original, not the imitators.

“On many issues today, the Greens are setting the direction, then the SPD follows and finally the Christian Democrats follow, lagging behind with a clear delaying effect … The Green Party’s impact goes far beyond their involvement at state government level and their successes documented in elections. More importantly, the Green Party succeeds time and time again in determining the political agenda and assuming opinion leadership in public debate. This can only happen, however, because they have an above-average number of sympathizers in the media and because the ranks of their natural challengers, i.e. the Christian Democrats (CDU), have softened and leading CDU politicians have adopted key positions of the Greens.”

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China Gets UK Aid to Boost Fracking

BRITAIN has given thousands of pounds of taxpayers’ cash to help fracking in China, it has been revealed – to the anger of cross-party MPs. Foreign Office minister Mark Field has admitted since 2016 the department spent £87,000 on projects to improve the “environmental regulation of shale gas development in China”.

By David Williamson – Re-Blogged From WUWT

PUBLISHED: 07:45, Sun, May 26, 2019 | UPDATED: 07:56, Sun, May 26, 2019

Fracking

The Tories are spending UK aid to support fracking in China (Image: GETTY)

The move has been condemned by politicians, who expressed astonishment that Britain was boosting the economic superpower’s energy sector.

Fracking, which involves breaking open rock layers to release underground gas, has transformed the global energy market but is a source of fierce controversy in the UK.

James Roberts at TaxPayers’ Alliance said: “When it comes to our aid cash, China is big enough to look after itself.

“And at a time when we are crippling our own energy market with rules and regulations, it beggars belief we’re giving the Chinese a leg-up in the shale sector with our foreign aid.”

A senior Conservative source also voiced concern: “The aid budget tops £14billion a year and ministers have lost all financial discipline and control as to where taxpayers’ cash is going.

“To be giving money to China at a time when they threaten our national security is unacceptable.”

Alex Norris, shadow minister for international development, accused the Government of hypocrisy.

He said: “The Tories are hypocritically spending UK aid to support fracking in China, while also announcing the climate crisis will be a top priority of their international development agenda.

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Weekly Climate and Energy News Roundup #361

The Week That Was: By Ken Haapala, President, SEPP

Brought to You by www.SEPP.org, The Science and Environmental Policy Project

Quote of the Week: “It is a pleasure to stand upon the shore, and to see ships tost [sic] upon the sea: a pleasure to stand in the window of the castle and to see the battle and the adventures thereof below: but no pleasure is comparable to the standing upon the vantage ground of truth ( a hill not to be commanded and where the air is always clear and serene), and to see the errors, and wanderings, and mists, and tempests, in the vale below. – From Of Truth, Francis Bacon [H/t Numberwatch, hopefully returning]

Number of the Week: 5 million tonnes per annum (MTPA) of LNG, which is equal to about 0.7 billion [standard, normal temperature and pressure] cubic feet per day (Bcf/d) of natural gas

The Greenhouse Effect –Atmospheric Layers: The atmosphere is divided into distinct layers and the altitude of the layers depends on the latitude, the distance from the equator. One could think of an oval shape with the thickest (elongated) part being above the equator. (Seasonal variation will be ignored in this section.)

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Why We Won’t Run Out of Minerals

By – Re-Blogged From Fabius Maximus

Summary:  Among the fear barrages of the past 50 years, “running out of resources” has been the most persistent. Here is why we won’t run out of minerals. As for other kinds of resources, that is a more complex story for another day. I first ran this excerpt in January 2011.

Eating the World

The history of America since WWII has been a succession fear barrages rained on us by the Left, the Right, and the government. Many of these were sold to the public despite their contradiction by science. Today we have the doomster narratives of climate change, exaggerations of the findings of the IPCC. People casually talk about our certain doom from the weather, just as ten years ago people talked about civilization’s certain collapse when the “oil ran out.” Since these fears are clearer in retrospect, let’s see why peak oil was clearly bogus.

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