Utility Companies Lowering Rates Because of Tax Bill

10 Jan 2018

The narrative of the tax bill is that it would only help the super rich. Not exactly…

Utilities cutting rates, cite benefits of Trump tax reform – Washington Examiner, 2018/01/09

Energy suppliers like Washington’s Pepco, Baltimore Gas and Light, Pacific Power, Rocky Mountain Power and Commonwealth Edison said they plan to give hundreds of thousands of customers a rate cut due to the tax reform.


In one announcement typical of those from the utilities sharing their tax benefits, Pacific Power said, “The benefit of this tax cut should be passed on to our customers – and we will work with our regulators and stakeholders on the best way to do that.”

 

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Trump Overturns Obama Offshore Drilling Bans

5 Jan 2018

Donald Trump overturns Obama bans on drilling as he moves to vastly expand US offshore oil – UK Telegraph, 2018/01/04

Donald Trump’s administration has announced plans to vastly expand oil and gas drilling in nearly all US coastal waters, reversing protections in the Arctic, Atlantic and Pacific.


It would be the most expansive US offshore drilling proposal in decades, including opening up federal waters off the California coast for the first time in more than 30 years.


Oil Starts Year At Highest Level Since 2014

2 Jan 2018

Oil hits highest since mid-2015 but settles down as outages abate – Rueters, 2108/01/01

It was the first time since January 2014 that the two crude oil benchmarks opened a year above $60 per barrel. Prices were buoyed by large anti-government rallies in Iran and supply cuts led by OPEC and Russia.

U.S. West Texas Intermediate (WTI) crude futures CLc1 settled 5 cents lower at $60.37 a barrel. In early trading WTI hit $60.74, the highest level since June 2015.


Thieves Electrocuted Stealing Copper

2 Jan 2018

Men electrocuted with 24K volts trying to steal copper wire – Fox 2 Detroit, 2017/12/29

Two men were found dead inside a public lighting substation in Detroit after police say they came into contact with 24,000 volts of electricity while trying to steal copper wire.


Not only were they killed instantly when they came in contact with the transformer, their bodies were badly burned. The medical examiner’s office is working to identity them.

24,000 volts?? Wow… According to other reports, the police also said their bodies were fused together.


Oil Production Levels at Record High

30 Nov 2017

2017/11/29 – U.S. Oil Production Hits 4th Straight Record High Ahead Of OPEC Meeting – Investors’ Business Daily

U.S. crude production climbed to yet another record high ahead of a key meeting between OPEC and top nonmembers, potentially muddying expectations that they will extend an agreement to curb oil output.

Domestic production climbed to 9.682 million barrels per day last week from 9.658 million bpd in the prior week, according to the Energy Information Administration.


In Context: Puerto Rico and Whitefish Energy

30 Oct 2017

Latest: Puerto Rico has chosen to terminate the contact with Whitefish Energy to restore a portion of their electrical grid structure. Even though Mr. Ramos claimed no wrongdoing was done, they have chosen to cancel the project because it is a distraction.

2017/10/31 – Puerto Rico in the Dark – City Journal

2017/10/29 – Puerto Rico Power Authority Moves to Cancel Whitefish Contract After Plea From Governor – NBC News

2017/10/29 – Puerto Rico Cancels Whitefish Energy Contract to Rebuild Power Lines – NY Times

2017/10/27 – UPDATED: FEMA Statement on Puerto Rico Electric Power Authority’s Contract with Whitefish – FEMA

2017/10/27 – FEMA Cites ‘Significant Concerns’ With Puerto Rico Power Contract – NY Times

2017/10/13 – Trump Tweet Hits Sore Spot: Slow Pace of Puerto Rico’s Recovery – Bloomberg

2017/10/09 – Cash crunch slowed Puerto Rico’s appeal for grid help, CEO says – E & E News Greenwire


Green Energy Business Linked to Podesta Collapses

23 Oct 2017

More financial fallout from Hillary Clinton losing the election. They were setting themselves up to make a ton of money.

2017/07/18 – Heat Death: Joule Unlimited collapses as oil prices flag, time passes, pressure mounts – BioFuels Digest

One of the more striking outcomes from the DOE Bioeconomy 2017 conference in Washington DC was confirmation of the demise of Joule Unlimited. “We had a lot of prospects last year,” former CEO Brian Baynes told The Digest, “but those new investor prospects walked away, particularly post election.


Joule last appeared on the news radar in April 2016 when we reported that the company obtained EPA approval of Joule’s Sunflow-E ethanol pathway for generating advanced biofuel (D-code 5) RINs under the Clean Air Act (CAA). This recognition from the EPA validates Joule’s mission to create carbon-neutral fuels for a sustainable tomorrow, and follows the 2015 announcement that Joule’s Sunflow-E ethanol was registered by the EPA for commercial use.

 
2017/10/22 – Podesta’s ‘Green Company’ Forced to Close Because Hillary Lost the Election – Daily Caller

There would have been more of a focus on the green energy industry, and investments were rolling in when it was expected than Clinton would win the 2016 election.

There is more here, it just has not revealed itself yet.