I also met a Shell Engineer, who was recently transferred to MA from the Middle East. He told me that the Gulf of Maine has more oil than the entire Middle East...at an easy to reach depth. He is continuing to survey but aid the environmental opposition and political pressure is keeping gag order on Shell and other companies!
by ERIC PETERS
Isn't it grand that, just perhaps — and for three whole months — gas may only cost slightly less…Continue
Germany is aiming to found a global “climate club” taxation scheme designed to force countries worldwide to adopt a hardcore green agenda.
Seemingly unhappy with just destroying its own economy, eco-crazy Germany is now reportedly aiming to found a so-called “climate club”, a group that would punish countries not perceived as green enough.
The country is pushing this next…Continue
The World Is Failing in Both Energy Affordability And Climate Goals
BY TYLER DURDEN
Global energy investment, including renewables, is forecast to rise by 8 percent to $2.4 trillion this year.…Continue
Joe Biden on Thursday shunned U.S. gas and oil leaders when they met with Energy Secretary Jennifer Granholm, instead issuing an announcement of a partnership between the federal government and states to push for offshore wind infrastructure.
Biden has been slamming the oil and gas industry, blaming them for underproducing and profiteering even as the president, since Day One in office, has done everything possible to hamper domestic production of fossil…Continue
Added by Thinklike A. Mountain on June 25, 2022 at 6:30pm — No Comments
The EU Is Again Close to A Meltdown
BY TYLER DURDEN
The Ukraine conflict is taking a toll on the EU, and it could result in finally pushing it over the edge. Everything flowing from Russia's incursion…
Biden Blames Putin, Refiners, & Gas Stations for Record Prices: 'Cost of Saving Democracy'
BY TYLER DURDEN
Having had the 'Putin Price Hike' narrative thoroughly dismissed by Fed Chair Powell earlier in the day, President Biden is set to keep repeating…Continue
Berry lies about CMP being a monopoly. They are a regulated monopoly. The regulatory agency in charge of overseeing CMP and Versant is the Maine Public Utilities Commission(MPUC)
The MPUC has great powers to make sure the investor-owned utilities are transparent about their management and operating systems. Consumer-owned utilities mostly operate in a single town or city and local control is within a single municipal governing board. The MPUC has minimal say in the conduct…Continue
Added by Dan McKay on June 22, 2022 at 6:50pm — No Comments
Exxon Mobil's CEO said that global oil markets may remain tight for another three to five years largely because of a lack of investment since the pandemic began.
Chief executive Darren Woods said it’ll take time for oil firms to “catch up” on the investments needed to ensure there’s enough supply.
Woods message was also echoed by Russell Hardy, the CEO of the world's largest independent oil merchant, Vitol; he too believes that oil prices will remain high because the market…Continue
Added by Thinklike A. Mountain on June 22, 2022 at 5:30pm — No Comments
With 1200 to 2000 MW planned, Number Nine Wind “Farm” will be bigger than Baxter State “Park” and far and away bigger than any “farm” in New England. Number Nine was huge when first proposed many years ago, but it has since...
...acquired the rights that First Wind had at the King Pine and Horse Mountain project proposals, which are planned for just north of Baxter.
All of these proposed projects have been held in abeyance…Continue
Read these and other important articles at the link below:
Renewable Energy — or Reliable Energy — But Not Both
Clean Green Energy - Net Zero - Fairy Tales on Steroids
In the dark on the power struggle: inconvenient truth proves renewables can’t cut it
Backup battery cost fantasies abound
Upstate New York will foot the bill for downstate's clean energy costs
The dam against nuclear energy is cracking
Fossil Future: Why Global Human…Continue
‘Stop NATO,’ protesters chant at massive rally in heart of EU
Tens of thousands demonstrated against the rising cost of living, with many linking the crisis to the West’s Russia policiesContinue
We now have the man that set out to destroy Central Maine Power Company and wasn't going to let the ratepayer's agony of high electricity prices stop him, preparing to bleed even more money from the ratepayers as he demands total takeover of CMP AND Versant.