Understanding why, The history of Hydrocarbons and the fight for LNG

The production of oil and natural gas in the United States is booming. 

Today, one of the consequences of the boom in oil and gas production is that there is a growing surplus of oil, natural gas, and even coal (some of which has been displaced by natural gas as an electricity source) that producers want to export. While there is not (and likely never will be) an absolute surplus in crude oil, the different types of crude match up with different refinery capabilities, and it can make more economic sense to export light, sweet crude from the Bakken and import heavy crude from Venezuela.

A Maze of Export Regulations

Over time, a litany of government regulations has been put in place to regulate or restrict the export of fossil fuels. However, they each reflect the time in which the legislation was passed. The result is a checkerboard of regulations, leading to some strange outcomes. For instance, under the 1975 Energy Policy and Conservation Act, the export of crude oil is illegal without a permit from the Department of Commerce, unless that crude was produced on Alaska’s North Slope and travels through the Trans-Alaska Pipeline. On the other hand, the export of refined petroleum products (like diesel fuel, kerosene, or refined gasoline) is virtually unregulated.

Regulations for natural gas are similarly convoluted. Under the 1938 Natural Gas Act, the export or import of natural gas is illegal unless the Secretary of Energy finds that it is in “the public interest” – a finding that is guaranteed in statute if the gas is exported to a free-trade agreement partner. On the other hand, the exports of natural gas liquids (like propane, ethane, or others) are unregulated, even though they often come directly from the same wells as natural gas (methane).

Finally, the export of coal is unregulated, even though coal is generally the most polluting source of fossil fuels.

To further complicate the issue, the Jones Act of 1920 requires that all trade between U.S. ports be carried solely on American ships, crewed and owned by U.S. citizens. This means that, because of this artificial scarcity, it can be twice as costly to send oil from the Gulf Coast to the East Coast as it would be to send it further around to Maritime Canada. This makes it more cost effective for a company to export fuel from Gulf Coast ports abroad and import refined fuel from Europe to the East Coast than it is to simply ship refined fuel from the Gulf of Mexico to the East Coast. The same would be true of crude oil if exports were allowed.

All this said, these laws where put into effect to make the Super-Wealthy even more wealthy at the time. Now, these same laws are stopping the Ultra-Capitalized Corporations from doing what they do best, Destroy the planet and create geopolitical wars while dancing in the shadows of greed.

Obviously my local politicians are poorly versed in Trade Law. Go back to your dictionary books and read the definition of greed, insanity and fool and then look in the mirror.    FFF    porch

Keep ’em coming, WE LOVE FRACKING IN PA

Alternative views on Fracking primarily but also informing and commending   those that tell us the truth in media

Alternative views on Fracking primarily but also informing and commending those that tell us the truth in media

Obviously I am being a bit dishonest. As the number of wells started today show though, you would think the D.A .in the area would shut them down..but the fact is, these people have no clue these Frackers are right under their feet.           ƒƒƒ            OWS    OCCUPY     OCCUPY WALL     STREET    ANON   

CHIEF OIL & GAS LLC Reports Drilling Started (SPUD) in Lemon Twp Township
CHIEF OIL & GAS LLC Reports Drilling Started (SPUD) in Lemon Twp Township
CHIEF OIL & GAS LLC Reports Drilling Started (SPUD) in Lemon Twp Township
CHIEF OIL & GAS LLC Reports Drilling Started (SPUD) in Lemon Twp Township
OTTER EXPLORATION INC Reports Drilling Started (SPUD) in Pleasant Twp Township
MINARD RUN OIL CO Reports Drilling Started (SPUD) in Hamilton Twp Township
VISTA OPR INC Reports Drilling Started (SPUD) in Harmony Twp Township

TD Bank / Direct Action/ Tar Sands

I will try to provide the links to various DIRECT ACTION protests against TD Bank which holds 100’s of thousands of shares in the Keystone XL Project.

         Please keep in mind though that it will take a hundred+ years to “get off” fossil fuels even if the Fracking, Drilling, Mining ended today. This is not going to be an easy process. We can though refuse to consume.  The most effective form of protest is non-consumption and unity amongst your local population.  Learn your neighbors. Create a tribe. Wishful thinking? maybe. Reality? I wish I could say not, but I can’t.        fff            OCCUPY        OWS      OCCUPY THE FARM   

http://noharmtothefarm.com

Again, For those that have had enough….

http://benswann.org

http://earthfirstjournal.org

http://noharmtothefarm.com

Get off your ass.  ƒƒƒ        OCCUPY EVERY THING

Alternative Reporting, Re-Blogging and My own thoughts on Local, National and Internanational News

Alternative Reporting, Re-Blogging and My own thoughts on Local, National and Internanational News

HING

People with nothing to lose are fearless (this post has sound)

Alternative Reporting, Re-Blogging and My own thoughts on Local, National and Internanational News

Alternative Reporting, Re-Blogging and My own thoughts on Local, National and Internanational News

http://raisethefist.com             ENJOY    —— ƒƒƒ——-  http://noharmtothefarm.com    ——-this post is educational