Steve Horn's blog

Top Drillers Shut Down U.S. Fracking Operations as Oil Prices Continue to Tank

It was a tumultuous week in the world of hydraulic fracturing (“fracking”) for shale oil and gas, with a few of the biggest companies in the U.S. announcing temporary shutdowns at their drilling operations in various areas until oil prices rise again from the ashes.

Among them: Chesapeake Energy, Continental Resources and Whiting Petroleum. Chesapeake formerly sat as the second most prolific fracker in the U.S. behind ExxonMobil, while Continental has been hailed by many as the “King of the Bakken” shale basin located primarily in North Dakota.

Warren Buffett Attacks Clean Energy While Increasing Dirty Oil Investments

Warren Buffett, one of the world's richest men and a campaign fundraiser and donor for Hillary Clinton's presidential run, has made headlines lately for the attacks on rooftop solar energy launched by subsidiaries of his holding company Berkshire Hathaway.

As Ben Jervey explained here on DeSmog, Buffett and Berkshire Hathaway have numerous ties to coal-fired power plants, the utility industry and the coal-by-rail industrial complex.

But Buffett's tentacles reach far into the oil industry, as well. 

Introducing the Corporate Front Groups That Helped Win a Supreme Court Stay of Obama's Clean Power Plan

On February 9, just days before the death of Supreme Court Justice Antonin Scalia, the U.S. Supreme Court granted a stay freezing President Barack Obama's Clean Power Plan (CPP). 

While many articles have speculated on what Scalia's death means as it relates to the future of the CPP — and the Court's voting balance tipping from a 5-4 conservative majority to a potential 5-4 liberal majority — there's been less attention paid to the corporate-funded network that launched a slew of lawsuits against the government to add legal muscle to the state Attorneys General attacks on the CPP.

A DeSmog investigation of the dozens of legal challenges filed just before the holidays at the federal Appeals Court level reveals that big corporate interests sit at the center of a coordinated attack against the Obama administration's regulatory attempt to curb emissions for coal-fired power plants.

Fend Off Iran? First Company That Exported US Crude Oil Now Exporting Iran's Oil

Proponents of lifting the U.S. crude oil export ban trumpeted the rhetorical question that since U.S. geopolitical rival Iran can export its oil, why can't the United States?

But now that “liquid freedom” has begun to flow from American export terminals to the global market, it turns out the same company that exported the first batch of U.S. crude oil to the global market is now also exporting Iranian oil products. That company, the Switzerland-based Vitol Group, was profiled in an investigative piece on DeSmog late last year. 

“Vitol, one of the world's largest traders in oil and oil products in terms of volumes, has fixed three vessels to load Iranian condensate,” Platts reported on January 29. “The recent removal of sanctions on Iran has resulted in international companies rushing to trade in Iranian petroleum with the latest being Vitol.”

Army of Lobbyists Push LNG Exports, Methane Hydrates, Coal in Senate Energy Bill

As the U.S. presidential race dominates the media, it is easy to forget that both chambers of the U.S. Congress are currently in session. The U.S. Senate has put a major energy bill on the table, the first of its sort since 2007.

The 237-page bill introduced by U.S. Sen. Lisa Murkowski (R-AK) — S. 2012, the Energy Policy Modernization Act of 2015 — includes provisions that would expedite the liquefied natural gas (LNG) export permitting process, heap subsidies on coal technology, and fund research geared toward discovering a way to tap into methane hydrate reserves.

As we saw with the lifting of the U.S. crude oil export ban, which was part of a broader congressional budget bill, a DeSmog investigation reveals that these provisions once existed as stand-alone bills pushed for by an army of fossil fuel industry lobbyists.

As Iowa Caucuses Loom, Hawkeye State Is Last Hope To Block Fracked Bakken Oil Pipeline

As the February 1 Iowa Caucuses loom, the Hawkeye State sits as the proverbial last man standing in the decision whether to grant pipeline giant Energy Transfer Partners (ETP) a permit for its Dakota Access pipeline.

Slated to carry upwards of 570,000 barrels per day of oil obtained via hydraulic fracturing (“fracking”) from North Dakota's Bakken Shale basin, the pipeline would cut diagonally across Iowa. In recent weeks, ETP has obtained necessary permits from North Dakota, South Dakota and Illinois

Will the Hawkeye State say yes to the fossil fuel project, or play its part to #KeepItInTheGround and protect its prized agricultural lands from a spill?

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