Tag Archives: Ukraine

Spectra the war stock and oil company

And Spectra, of the proposed Sabal Trail fracked methane pipeline, is also an oil pipeline company now.

Bill Trexler wrote for Emerging Markets 18 August 2014, Energy shares may fall again: Spectra Energy Corp. (SE), Denbury Resources Inc. (DNR), WPX Energy (WPX), Nabors Industries (NBR), Weatherford International (WFT), Transocean LTD (RIG),

Shares of oil companies gained as oil futures prices rose on Friday, after Ukraine said its artillery destroyed a large part of a column of armored vehicles seen entering Ukraine from Russia.

However, prices still posted losses for the week, as soft global demand pressured them down to multi-month lows….

Continue reading Spectra the war stock and oil company

LNG export to Europe with the Transatlantic Trade and Investment Partnership (TTIP)?

More “free trade” LNG export destinations from Florida will open up if the Transatlantic Trade and Investment Partnership (TTIP) passes, to the 28 EU member countries:

Many of those countries currently get fracked gas from Russia:

Continue reading LNG export to Europe with the Transatlantic Trade and Investment Partnership (TTIP)?

FERC and FE oversight committee approved LNG export legislation for non-FTA countries

Should we let Congress authorize blanket LNG export to 159 WTO member countries, including China and Ukraine, so fossil fuel companies can profit by taking our lands to pipe fracked methane to Florida? If not, it’s time to call your House member.

After approval by its Subcommittee on Energy and Power, which is the oversight committee for both FERC and the U.S. DoE’s Office of Fossil Fuels, both of which can authorize LNG export, the U.S. House Energy & Commerce Committee voted yesterday to send to the full House of Representatives H.R. 6, “A BILL To provide for expedited approval of exportation of natural gas to World Trade Organization countries, and for other purposes.” That bill would add to Section 3(c) of the Natural Gas Act ( 15 U.S.C. 717b(c) ), Continue reading FERC and FE oversight committee approved LNG export legislation for non-FTA countries

Can Sabal Trail fracked methane go to China?

People talk about LNG exports to China through the Transco – Sabal Trail – Florida Southeast Connection pipeline, even though FPL says it knows nothing about exports through that Southeast Market Pipelines Project (SMPP), and FERC also seems to know nothing. If that fracked gas really can go to China, where’s FERC’s rationale for federal eminent domain, which depends on Florida needing the gas? Nevermind FPL’s own 10-Year Site Plan doesn’t support a need for the gas, and EPA doesn’t buy what it’s seen as rationalizations for that alleged need: can the gas go to China?

FERC has admitted in more than one Scoping Meeting that it’s not the pipeline company that has to get export authorization: it’s the end user. And FPL is not the only end user and FERC is not the only export-authorizing agency. Continue reading Can Sabal Trail fracked methane go to China?

Protests work, even against TPP, TAFTA, and EU demands for U.S. methane exports after Ukraine

European leaders and the U.S. president are aware of opposition to fracking, even in Europe.

Robin Emmott and Jan Strupczewski wrote for Reuters 26 March 2014, Obama tells EU to do more to cut reliance on Russian gas,

U.S. President Barack Obama told the European Union on Wednesday it cannot rely on the United States alone to reduce its dependency on Russian energy, as relations with Moscow chill over its seizure of Crimea from Ukraine.

There is some bad news:

Speaking on a visit Continue reading Protests work, even against TPP, TAFTA, and EU demands for U.S. methane exports after Ukraine