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Oil and gas industry has pumped millions into Republican campaigns

2016-03-03 13:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Fossil fuel millionaires collectively pumped more than $100m into Republican presidential contenders efforts last year in an unprecedented investment by the oil and gas industry in the partys future. About one in three dollars donated to Republican hopefuls from mega-rich individuals came from people who owe their fortunes to fossil fuels and who stand to lose the most in the fight against climate change. The scale of investment by fossil fuel interests in presidential Super Pacs reached...

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Earthquakes linked to shale gas exploration cause house prices fall

2016-03-03 06:52:00| Climate Ark Climate Change & Global Warming Newsfeed

PhysOrg: Fear of fracking can have negative effects on the UK housing market around shale gas sites, economic researchers have warned. The research team, from the University of Bristol, the London School of Economics and Duke University in North Carolina, carried out a study that found licensing and exploration had minimal impacts on house prices. However, two highly publicised minor earthquakes linked to exploratory fracking near Blackpool in 2011 caused a three to four per cent reduction in house prices...

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Dana Gas begins production from offshore Zora field in UAE

2016-03-03 01:00:00| Offshore Technology

Dana Gas has started production from the Zora gas field in the Sharjah Western Offshore Concession, 35km from Sharjah and Ajman in the UAE.

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Gas Prices Pop Up Despite Historic Supplies Of Oil. Blame Spring

2016-03-02 22:18:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: If you've stopped for gas lately, you've probably noticed a price jump. A week ago, the national average for a gallon of regular gas was around $1.70. Now it's about $1.80, according to GasBuddy.com, which tracks prices. So rising gas prices must reflect shrinking oil supplies, right? Nope. The U.S. Energy Information Administration issued its latest "petroleum status" report on Wednesday and said U.S. commercial crude oil inventories are up by 10.4 million barrels from the previous week....

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Toyota 4Runner sales up as gas prices deflate

2016-03-02 19:46:23| Electronics - Topix.net

This undated photo provided by Toyota shows the 2016 Toyota 4Runner. Lower gasoline prices are helping fuel sales of 2016 Toyota 4Runner _ a rugged, reliable SUV for drivers who get away to the outdoors.

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