Oil

Israel
7:08 am
Wed November 27, 2013

Israel Dreams Of A Future As An Oil Producer

Givot Olam CEO Tovia Luskin expects to drill 40 wells and build a pipeline to a refinery on the coast. The company already has "proven and probable" reserves of 12.5 million barrels of oil. Luskin chose where to drill based on a passage from the Bible.
Emily Harris/ NPR

Originally published on Sun December 1, 2013 7:51 am

There's an old joke that if Moses had turned right when he led Jewish tribes out of Egypt, Israel might be where Saudi Arabia is today — and be rich from oil. Consultant Amit Mor of Eco Energy says that joke is out of date.

"Israel has more oil than Saudi Arabia," he claims. "And it's not a joke."

But that oil will be difficult to reach, if it can be recovered at all. The oil he's talking about is not yet liquid but is trapped in rocks underground.

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Energy
2:45 pm
Thu October 31, 2013

How Zombie Movies Reflect Our Fears on Energy and the Environment

facebook.com/WorldWarZMovie

Let’s talk zombies. Can’t kill them. Can’t eat them. What are we to the living dead? 

No longer merely the province of Halloween season, nowadays zombies proliferate in American pop culture, from books to TV to film.

Dr. Michael Webber, deputy director of UT’s Energy Institute, says there’s good reason for the persistence of zombies – and it has a lot to do with how we think about power. 

Energy – or the lack thereof – is always a sign of post-apocalyptic and zombie culture. Loss of energy inevitably leads to resource wars among the apocalypse’s survivors. From “The Walking Dead” to “World War Z,” the main drive is often for fuel, water, or power.

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Education
3:39 pm
Fri May 10, 2013

New Targets of College Divestment Movements: Oil, Gas & Coal

The Santa Rita oil pump at the University of Texas. A new divestment movement targets university investments in fossil fuel companies.
flickr.com/mr-pi

College is a time for classes, house parties and questionable dorm food. But as some students at UT and across the country are demonstrating, it’s also a time for activism.

Journalist and activist Bill McKibben and his environmentally-minded group 350.org are promoting a “Fossil Free Divestment Movement” to encourage American universities to withdraw their stock holdings from the top 200 coal, oil and gas companies. The group first gained notoriety when it held an International Day of Climate Action in 2009.

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The Lead
8:46 am
Mon February 18, 2013

The Lead: CPRIT’s Trickle-Down Funding Troubles, Oil Field Thefts

A moratorium on CPRIT grants is affecting other cancer-fighting agencies.
Texas Tribune

Good morning, and happy Presidents Day. KUT News has a look at what’s open and closed today: all City of Austin’s administrative offices and other city are closed today, but trash, recycling and yard trimmings pick up will proceed as normal.  

The National Weather Service says Austin’s in for a warm, muggy day with a chance of thunderstorms this afternoon. High winds will make for elevated fire conditions, so be careful out there. 

Lead Story: The troubles roiling the Cancer Prevention and Research Institute of Texas (CPRIT) are spreading to other research groups, The Texas Tribune reports.

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Environment
5:47 am
Mon February 18, 2013

Protesters Call On Obama To Reject Keystone XL Pipeline

Dr. J. William Hirzy, a chemistry professor at American Universiy, rests outside the rally route with a graph he uses to teach his students about the relationship between atmospheric carbon dioxide and global temperature.
Daniel M.N. Turner NPR

Originally published on Wed February 20, 2013 3:33 pm

Tens of thousands of protesters turned out on the National Mall Sunday to encourage President Obama to make good on his commitment to act on climate change.

In his Inaugural address from outside the U.S. Capitol, the president said: "We will respond to the threat of climate change knowing that the failure to do so would betray our children and future generations."

Just a few weeks later, next to the Washington Monument, Paul Birkeland was one of a couple dozen people holding a long white tube above their heads.

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Texas
5:42 pm
Thu February 7, 2013

Gas Prices Rise 14 Cents From Last Week

Pump prices are higher than usual for this time of year.
Erik Reyna/KUT News

Gas prices are up. Across Texas, regular is up 14 cents this week, according to AAA's Fuel Gauge Price Report. In Austin, average prices were up by almost 15 cents to $3.36.

Oil analyst Tom Kloza says prices often rise and fall with the seasons, but these are the highest gas prices Americans have seen for this time of year.

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Environment
10:50 am
Fri November 16, 2012

Fire On Oil Rig In Gulf Of Mexico Leaves 11 Injured

Originally published on Fri November 16, 2012 12:33 pm

Update at 1:26 p.m. ET. No Confirmed Deaths:

The U.S. Coast Guard tells WWLTV that 11 people have been sent to hospital but no deaths have been confirmed in a oil rig fire off the coast of Louisiana.

WWLTV, KHOU and Reuters were reporting two deaths earlier.

Our Original Post Continues:

A fire on an oil rig off the coast of Louisiana has killed two people, Louisiana's WWLTV is reporting.

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BP Oil Spill
10:48 am
Thu November 15, 2012

BP Pleads Guilty, Will Pay $4 Billion In Criminal Penalties For Gulf Oil Spill

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Originally published on Thu November 15, 2012 5:32 pm

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

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Texas
9:04 am
Wed September 26, 2012

ERCOT Board Examines Summer Power Usage, Makes Predictions for Fall

ERCOT predicts no demand problems for fall, winter.
Daniel Reese for KUT News

The Electric Reliability Council of Texas (ERCOT) says that though the Texas electric grid saw new monthly peaks in June and July, the overall electric demand fell below last summer’s record-setting numbers. 

At the Board of Directors September meeting yesterday, directors were briefed on the summer’s power grid demand and peaks over the summer and made projections for fall and winter. 

This summer, ERCOT didn’t have to issue any energy emergence alerts (EEA)—which can result in rotating outages in order to prevent a power grid overload and statewide blackout. Last summer, ERCOT issued seven EEAs. Though this summer’s weather was hotter than the state’s 15-year average, it didn’t reach the sweltering levels achieved in 2011, so air conditioner use was somewhat lower.

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Transportation
1:41 pm
Thu August 16, 2012

Gas Prices Up Again

Gas prices around Austin are up five cents from last week and more than 20 cents from last month.

AAA Texas says Austinites are paying an average of $3.54 for a gallon of regular. That’s one cent higher than the state average.

Political tension in Iran and increased demand from the summer travel season are blamed for the increase.

Doug Shupe is a spokesman for AAA Texas. He says analysts believe prices will probably continue to go up – but there could be some relief soon.

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Environment
11:50 am
Mon February 20, 2012

Recent Report Adds Fuel to Fracking Debate

This image produced by the Departme nt of Energy explains the hydraulic fracturing process.
Image courtesy fossil.energy.gov

A newly-released report on fracking – the practice of pumping hydraulic fracturing fluid into wells to break up and extract oil shale and natural gas deposits – has caused something of a stir in Texas.

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Politics
11:24 am
Wed January 18, 2012

Keystone Pipeline Application to be Rejected, Sources Say

If completed, the Keystone XL pipeline will stretch from Canada down to the Gulf of Mexico.
Image courtesy transcanada.com

Approval for the Keystone XL pipeline – a controversial 1,700 mile pipeline designed to transport oil sands from Canada all the way to Texas ports along the Gulf of Mexico – is expected to be rejected today by the Obama Administration, according to a report from The Washington Post.

StateImpact Texas notes the announcement comes just a few weeks before the Obama administration would have been forced to make a decision on the proposal.

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Environment
11:42 am
Mon October 3, 2011

Emails Trigger Bias Accusations Over Canada To Texas Pipeline

Photo by Nathan Bernier for KUT News.

Opponents of a plan to build a pipeline from the Canadian oil sands to refineries on the Texas Gulf Coast say newly released emails show an uncomfortably cozy relationship between a lobbyist and employees at the U.S. State Department.

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Environment
11:50 am
Thu August 18, 2011

Companies Investigate Oil Sheen Off Gulf of Mexico

Photo by CaliforniaDFG at http://www.flickr.com/photos/californiadfg/4899552970/sizes/o/in/photostream/

The Associated Press is reporting the investigation into an oil sheen that was spotted off the Gulf of Mexico last week. Various oil companies, including BP, are trying to figure out where the sheen came from.

An oil sheen (not the same as a spill) happens when a thin layer of oil settles on top of the water shimmering in different colors and can come from leaks or spills.

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Business
12:08 pm
Fri January 14, 2011

As Austin Gas Prices Rise To $2.91, Get Ready To Shell Out Even More

Image by Erik Reyna for KUT News

The latest fuel price report from AAA says Austin gas prices have risen to an average of $2.91 for a gallon of regular unleaded. That's up about 10 cents from last month and almost 30 cents higher than it was this week last year. And most signs point to gas prices climbing even higher.

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