Are BC Liberals about to drag taxpayers into another economic calamity? Something akin to BC Hydro’s private power initiative, where government has taken near $50 billion of financial risk and guaranteed abundant profits to private energy promoters. [Russia’s] Gazprom Biggest Loser as Shale Gas Upends World Markets, Bloomberg Businessweek, June
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DeSmogBlog: TransCanada’s Latest Extreme Energy Export Pipelines in the U.S. and Canada
shutterstock_48011347.jpg TransCanada was once in the limelight and targeted for its Keystone XL pipeline project. Now, with few eyes watching, it is pushing along two key pipeline projects that would bring two respective forms of what energy geopolitics scholar Michael Klare calls "extreme energy" to lucrative export markets. Pipeline one: the southern
Continue readingDeSmogBlog: New Bakken Shale Pipeline to Cushing, OK in the Works
shutterstock_79616923.jpg The controversy over TransCanada's Keystone XL pipeline has raged on for years now, with no end in sight. The Keystone XL pipeline would carry tar sands crude from the tar sands epicenter of the world in Alberta, Canada, take it down to Cushing, OK, and then eventually down to Port Arthur, TX, where
Continue readingDeSmogBlog: Another LNG Deal Inked, Fracking Export Bonanza Continues
LNG Ship.jpg On December 7, the Federal Energy Regulatory Commision (FERC) granted a 30-year license to Jordan Cove LNG (liquefied natural gas), located in Coos Bay, Oregon, to transform its existing import terminal license into an export terminal license. It would be the first LNG export terminal on the west
Continue readingDeSmogBlog: Fracking Ohio’s Utica Shale to "Boost Local Economy"? A "Total" Sham
Total Energy Logo.jpg It is a well-known fact that the unconventional gas industry is involved in an inherently toxic business, particularly through hydraulic fracturing ("fracking"), which the EPA just confirmed today has contaminated groundwater in Wyoming. The documentary "Gasland," DeSmogBlog's report "Fracking the Future: How Unconventional Gas Threatens our Water, Health,
Continue readingDeSmogBlog: LNG Groundhog Day: Cheniere Energy Signs Yet Another Gas Export Deal on Gulf Coast
shutterstock_33324859.jpg Another day, another unconventional gas export deal signed. Nascent North American LNG (liquefied natural gas) export deals are happening so fast and furiously that it is hard to keep track of them all. The latest: On November 21, Cheniere Energy Partners signed a 20-year LNG export deal with Gas Natural Fenosa,
Continue readingDeSmogBlog: ExxonMobil and Shell Eyeing North American LNG Export Deals
LNG Export.jpg Yesterday, LNG World News reported that ExxonMobil Vice President Andrew Swiger announced, at a conference hosted by Bank of America Merrill Lynch, that it was actively seeking LNG (liquefied natural gas) export terminals throughout North America, including, but not limited to, in British Columbia and on the Gulf Coast. “In terms of
Continue readingDeSmogBlog: ExxonMobil and Shell Stamp Huge Oil and Gas Deals in Iraq
Rumaila Oil Field Explosion.jpg Just a few weeks after President Barack Obama announced U.S. troops are "leaving" the war-torn country, ExxonMobil and Shell each announced major new oil and gas production agreements in Iraq. On November 12, ExxonMobil signed an oil production deal with the Kurdish Regional Government to drill in Iraqi Kurdistan, located
Continue readingDeSmogBlog: Fracking Leads To Export Bonanza: Another Unconventional Gas Export Terminal Submitted to US DOE by Sempra
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On November 11, Sempra LNG, a subsidiary of Sempra Energy, submitted an export proposal to the Federal Energy Regulatory Commission (FERC).
Sempra explained in a pr…