South Dakota voters approve rezoning for oil refineryWait... what was that sound... I think I heard the thunder of several million envirotards' butt-cheeks simultaneously clenching at the news.
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The proposed Hyperion project would be the first new construction of an oil refinery in more than 30 years. Company officials say the project would mean 1,800 permanent jobs and produce 400,000 barrels per day of transportation fuels.
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Oh well. Fuck 'em. It's about time someone started to do something here in the states to help with the energy 'crisis' we are now facing.
FUCK THE 70's!!!!
via Mr. Schlong.
Update: I guess I was so fucking wrong about hope, it is pathetic:
Petrobras studying block in deep Cuban watersSo we have several countries who will be drilling around Canada and in the Gulf of Mexico, but yet America has its fat ass planted firmly on its own reserves of oil and natural gas. What the fuck? You do realize that this is a huge step toward making Cuba rich, right? Fucking Cuba is going to be a wealthy, spoiled little brat just like the dusty, wind-blown assholes we're dealing with on the other side of the planet. Great. And they're right next door.
HAVANA, Cuba (Reuters): Brazilian state oil company Petrobras is studying a block in deep Cuban waters for possible exploration as part of broader cooperation with the Caribbean island, a top advisor to the company said on Friday.
"We are planning to cooperate not only in exploration and production, but lubricants, refining and training," Andre Ghirardi told Reuters in Havana at a one-day meeting of Brazilian and Cuban businessmen.
"We are working on the possibility of exploring a block in the Gulf of Mexico, but negotiations have not ended, they are advancing," he said.
Interest in Cuba's Gulf of Mexico blocks has picked up as oil prices soar.
Seven foreign companies have signed exploration agreements with Cuban state oil company CUPET for 28 of the 59 blocks available in the deep Gulf of Mexico waters of Cuba's economic exclusion zone fronting the United States.
The US Geological Survey estimated the North Cuba basin could contain 4.6 billion barrels of oil, with a high-end potential of 9.3 billion barrels, and close to 1 trillion cubic feet of natural gas.
Ghirardi said negotiations to build a lubricants plant in Cuba were going well, though no agreement had been signed.
Venezuela's PDVSA has become a major player in the Cuban oil industry.
PDVSA and Cuba have started up and are expanding a Soviet-built oil refinery in central Cienfuegos province and modernizing another in eastern Santiago de Cuba.
The two companies have formed joint ventures in refining and shipping.
PDVSA has also taken out blocks in the gulf, as have Spain's Repsol-YPF, India's ONGC and Nordsk Hydro, Vietnam state oil and gas group Petrovietnam, Malaysia's state-run Petronas and Canada's Sherritt International.
The director of exploration for CUPET said this year that activity was picking up in Cuba's deep waters.
"Right now seismic studies are under way on 2,300 square kilometers and very soon three-dimensional studies will begin on 4,500 square kilometers in the Gulf of Mexico," Rafael Tenreyro said.
Cuba produces the equivalent in oil and gas of 75,000 barrels per day, around 50 percent of its energy needs, importing the remainder from oil-rich ally Venezuela on preferential terms in exchange for health, education and other services.
- Caribbean Net News -
Just what we need, a psycho, communist monetary superpower 90 miles away.
So what is our wise leadership doing about that? How about A Climate Tax on the Poor
With average gas prices across the country approaching $4 a gallon, it may be hard to believe, but the U.S. Senate is considering legislation this week that will further drive up the cost at the pump.I just don't understand it.
The Senate is debating a global warming bill that will create the largest expansion of the federal government since FDR’s New Deal, complete with a brand new, unelected bureaucracy. The Lieberman-Warner bill (America’s Climate Security Act) represents the largest tax increase in U.S. history and the biggest pork bill ever contemplated with trillions of dollars in giveaways. Well-heeled lobbyists are already plotting how to divide up the federal largesse. The handouts offered by the sponsors of this bill come straight from the pockets of families and workers in the form of lost jobs, higher gas, power and heating bills, and more expensive consumer goods.
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- WSJ -
Thanks P.W. -> Fausta -> C.N.N. -> WSJ
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2 comments:
Christ, I'm already eating the 33 cent macaroni and cheese that mysteriously jumped in price to 57 cents a box over this fuel shit. Seriously, we need a revolution of some sorts. Where do I sign up?
If you find out, let me know.
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