hillary clinton

Goldman Sachs-backed Firm Invests Big in Shipping Tar Sands by Train Along Keystone XL Route

Oil train tank cars

USD Partners, a rail terminal operator owned in part by Wall Street giant Goldman Sachs, has signed a nearly three year deal to facilitate moving tar sands by train from where it is extracted in Alberta, Canada, to an offloading terminal in Stoud, Oklahoma, in a route mirroring that of the Keystone XL pipeline.

From Stroud, the heavy oil can be sent via pipeline to the nearby oil storage hub in Cushing, Oklahoma. USD's announcement, which said the company could transport up to 70,000 barrels per day of tar sands in rail cars, came in a June 2 filing with the Securities and Exchange Commission (SEC).

The deal, centering around the purchase of the Stroud terminal, also included the acquisition of 300,000 barrels of storage space in Cushing, a town known by oil and gas industry observers as the “pipeline crossroads of the world.” 

In Dramatic Shift, Kentucky Voters Potentially Becoming Numb to Politicians Talking About Coal Jobs

For years, Republican politicians campaigning in the state of Kentucky have used the fictitious “war on coal” talking point to gain support from voters. From Senator Mitch McConnell who has represented the state in the U.S. Senate for 32 years, to President Donald Trump, the generally accepted rule has been that talking about the importance of coal and coal jobs, while attacking environmental safety standards that put a “burden” on the coal industry, is the key to winning in the state of Kentucky.

But if new reports are to be believed, that conventional wisdom about running a campaign on coal could be suffering the same fate as the coal industry itself.

Anadarko Execs Buy up Depressed Stock After Lethal Colorado Explosion

Anadarko stock prices going down

Buy low, sell high. It's a maxim taught to stock traders from day one and one which Anadarko Petroleum's upper-level management seems to have taken to heart in the aftermath of the April gas line explosion that blew up a Colorado home, leaving two dead and one badly injured. 

Since the explosion, five members sitting on either Anadarko's board of directors or executive officer team have purchased a combined $2.6 million worth of company stock, totaling over 46,700 shares, according to data on InsiderInsights.com and first reported by investor analyst site SeekingAlpha.com. Anadarko's stock price has fallen nearly $10 per share since the April 17 blast.

However, the trouble may have just begun for the Texas-based company at the center of Colorado's hydraulic fracturing (“fracking”) boom. On May 25, an Anadarko oil well exploded just a few miles from the mid-April gas line explosion site. That incident, also in Firestone, Colorado, left one dead and three others injured.

Media Matters Report Shows Stunning Lack of Climate Change Coverage on TV Networks in 2016

TV news vans

A new report from Media Matters for America details the astounding lack of coverage of climate change from major U.S. television news outlets in 2016. According to the report, there was an overall decrease in coverage, dropping about 66 percent from the previous year.

News outlets that included ABC, CBS, NBC, and Fox News Sunday spent a combined total of 50 minutes discussing the issue of climate change on nightly and Sunday morning news programs in 2016.

How a Russian Steel Oligarch and Putin Ally Is Profiting from the Keystone XL Pipeline

Pipes for the Keystone XL pipeline sit in piles

Believe it or not, there's a key connection to Russia and its president, Vladimir Putin, in the fight over North America's controversial Keystone XL pipeline.

One of President Donald Trump’s first actions in office was to sign an executive order on January 24 expediting the approval of the Keystone XL. Owned by TransCanada, this tar sands oil pipeline was halted by former President Barack Obama in November 2015. Trump signed another order on January 24, calling for steel for U.S. pipelines to be made in the U.S. to the “maximum extent possible,” and two days later TransCanada filed a new presidential permit application for Keystone XL with the U.S. Department of State.

Critics, such as John Kemp of Reuters, pounced on the caveat language in Trump’s steel order and noted that it appears “designed to preserve lots of wiggle-room.” In fact, a DeSmog investigation reveals that much of the steel for Keystone XL has already been manufactured and is sitting in a field in rural North Dakota.

DeSmog has uncovered that 40 percent of the steel created so far was manufactured in Canada by a subsidiary of Evraz, a company 31-percent owned by Russian oligarch Roman Abramovich, who is a close ally of Putin and a Trump family friend. Evraz has also actively lobbied against provisions which would mandate that Keystone XL's steel be made in the U.S.

Exxon, Qatar Petroleum Get OK to Export U.S. Fracked Gas Amidst Tangled Ties to Russia, ISIS

Saturday Night Live skit showing parody of Tillerson, Putin, and Trump

Just days before Christmas, the U.S. Federal Energy Regulatory Commission (FERC) gave ExxonMobil a gift: a permit to export natural gas from its Golden Pass LNG (liquefied natural gas) facility located in Sabine Pass, Texas. 

Dubbed Golden Pass Products, the expansion of this LNG facility to export gas is a joint venture between Exxon (30 percent stake) and Qatar Petroleum (70 percent stake), the state-owned oil company. Golden Pass LNG is now the fourth LNG export facility, and third situated along the Gulf of Mexico, approved under the Obama administration.

This facility will continue to open up the global market to U.S. natural gas obtained via hydraulic fracturing (“fracking”)

The permit for Golden Pass comes shortly after Exxon's CEO, Rex Tillerson, was named Trump's nominee for U.S. Secretary of State and will likely face a tough Senate confirmation hearing in January, mainly due to his close ties to Russia.

Ken Bone, Internet Sensation from Presidential Debate, Works for Coal Company Opposed to Climate Regulations

Screenshot of Ken Bone from presidential debate.

After Kenneth Bone asked a question about energy to presidential nominees Donald Trump and Secretary Hillary Clinton at the presidential town hall debate on October 9, he quickly became a viral internet sensation.

That evening at Washington University in St. Louis, Bone asked, “What step will your energy policy take to meet our energy needs while at the same time remaining environmentally friendly and minimizing job loss for fossil power plant workers?”

Trump responded by touting “clean coal” and bashing what he described as President Barack Obama's war on energy. Sec. Clinton responded by promoting hydraulic fracturing (“fracking”) for oil and gas as a “bridge” to renewable fuels while also citing climate change as a “serious problem” and that she wants “to make sure we don't leave people behind.”

Lost in the shuffle of the viral memesinternet jokes, and a Facebook fan page is a basic question: Who is Ken Bone and what does he do for a living? 

Koch Industries and Fracking Lobbyist Mike Catanzaro To Lead Trump Energy Team

The Washington Post has reported that Mike Catanzaro, a former senior energy staffer for Republican Party House Majority Leader John Boehner with a track record of climate change denial, will lead Republican Party presidential candidate Donald Trump's energy transition team. 

Catanzaro now works as a partner at the lobbying firm CGCN, where his clients include Noble Energy, Koch Industries, EnCana Oil and Gas, HalliburtonDevon Energy and others. For those clients, he lobbies on issues such as pushing for more drilling on public lands on behalf of EnCana, against emissions regulations for drilling onshore and offshore wells on public lands for Hess Corporation and Devon, and for offshore drilling in Israel on behalf of Noble Energy. 

Obama Admin Quietly Enables Oil and Gas Drilling on Public Lands and Waters, Weakens Endangered Species Act

Offshore oil platform.

As eyes turned to the most viewed presidential debate in U.S. history, the Obama administration meanwhile quietly auctioned off thousands of acres of land for oil and gas drilling in national forests, opened up 119 million acres for offshore drilling leases in the Gulf of Mexico, and delivered a blow to the Endangered Species Act. 

Hillary Clinton Is Raking In Fossil Fuel Money At An Alarming Rate

In speeches and press conferences, and occasionally in policy, the Democratic Party in the United States has always claimed the high ground on the issue of climate change and the need to move the country off oil, gas and coal towards renewable energy. As a result, the fossil fuel industry has heavily backed Republican politicians for decades.

But the 2016 U.S. Presidential election has once again proven unique by every measure. A new report by The Wall Street Journal shows that Democratic nominee and former Secretary of State Hillary Clinton is pulling in far more money from the fossil fuel industry than her Republican opponent Donald Trump.

The report shows that, through July, Hillary Clinton has received almost three times as much campaign cash from fossil fuel employees than Trump, to the tune of about $525,000 compared to Trump’s $149,000. Her joint account with the Democratic National Committee has also received an additional $650,000 from fossil fuel executives and employees.

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