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ENERGY News:
20080706
 John
McCain -  Karl
Rove -  Money
- Oil
-  Health
Care -  US
-  Iraq
-  Afghanistan
-  Military
-  Terrorism
- 2008
Election -  Massachusetts
"Kerry:
McCain's Judgment Is Dangerous." ... "[Massachusetts
Democratic Senator] Sen. John Kerry believes that the presumptive Republican
nominee for president is adhering to the [Republican President] Bush Administration
orthodoxy in ways that call into question his carefully-nurtured image
as a political maverick." ... ""John McCain has changed in profound and
fundamental ways that I find personally really surprising, and frankly
upsetting," the Democratic Senator from Massachusetts said on CBS' Face
The Nation." ... ""This is a different John McCain. This is not
the Senator John McCain; this is want-to-be president John McCain." ...
""And the result is that John McCain has flip-flopped on more issues than
I was even ever accused possibly of thinking about! I mean, this is extraordinary
what he's done: He's changed on taxes; he's now in favor of the Bush tax
cut. If you like the Bush economy, if you like the Bush tax cut and what
it's done to our economy, making wealthier people wealthier and the average
middle class struggle harder, then John McCain is going to give you a third
term of George Bush and Karl Rove." ... ""If you like what has happened
to oil prices, John McCain is going to continue that policy. If you like
what you see about health care, John McCain has no health care plan." ...
""I would have at least expected the John McCain that I knew back then
to realize what almost every person in the Pentagon has admitted. There
are very few who walk around and say, 'Going into Iraq was the right thing
to do, and we should have done it, or do it again if I have the chance.'
John McCain
does." ... ""I'm challenging Senator McCain's judgment,"
Kerry said, "that says, 'There's no violent history between Sunni and Shia.'
That's wrong. His judgment that says, 'This is going to increase the stability
of the Middle East.' It hasn't, it's made it less stable. The judgment
that says, quote, 'This will be the best thing for America and the world
in a long time. It's the worst thing that we've done in a long time.
And he's turned his [focus] away from Afghanistan and al Qaeda and made
America less safe. That's dangerous for our country.""
-FaceTheNation
-CBSNews
 WATCH
Kerry list McCain's Flip-Flops
20080616
Electricity
- Market
-  Law
-  Enforcement
-  Texas
"Power
firms’ treatment angers Texans." ... "Prices aren’t
the only thing skyrocketing in the state’s deregulated electricity market."
... "Amid continuing company failures — and the resulting forced transfer
of tens of thousands of ratepayers to default electric companies — Texans
in growing numbers are griping about their ill treatment by power companies."
... "According to the Texas Public Utility Commission, complaints related
to the electric market jumped from 704 in January to 1,123 in May. Complaints
against three of the four recently failed electric companies jumped about
2,400 percent, from about 20 at the beginning of the year to 508 in May."
... "E-mails and phone calls also continue streaming into the Star-Telegram.
Frustrated consumers tell stories of poor treatment by their regular electric
competitors, confusing PUC rules, uninformed marketers and the near impossibility
of obtaining reliable information about the financial status of companies
seeking their business." ... "One company has collected payments from customers
but not delivered any electricity, according to some complaints." -By
R.A. Dyer -Star-Telegram.com
20080611
Oil
- Corporation
-  Government
-  Politicians
"Republicans
Block Extra Taxes On Oil Companies." ... "Senate
Republicans blocked a proposal Tuesday to tax the windfall profits of the
largest oil companies, despite pleas by Democratic leaders to use the measure
to address America's anger over $4 a gallon gasoline." ... "The Democratic
energy package would have imposed a tax on any "unreasonable" profits of
the five largest [United States] U.S. oil companies and given the federal
government more power to address oil market speculation that the bill's
supporters argue has added to the crude oil price surge." ... "The Democrats
failed, 51-43, to get the 60 votes needed to overcome a GOP [GOP=Grand
Old Party=Republican] filibuster and bring the energy package up for consideration."
... "The oil companies could have avoided the tax if they invested the
money in alternative energy projects or refinery expansion. It also would
have rescinded oil company tax breaks _ worth $17 billion over the next
10 years _ with the revenue to be used for tax incentives to producers
of wind, solar and other alternative energy sources as well as for energy
conservation." -By H. Josef Hebert
-AP via -HuffingtonPost.com
20080608
 Barack
Obama - John
McCain -  Hillary
Clinton - 2008
Election -  North
Carolina -  Missouri
-  Montana
-  Virginia
-  Illinois
-  Arizona
-  New
York - Economy
-  History
- Gasoline
-  Unemployment
"Obama
Maps a Nationwide Push in G.O.P. Strongholds." ...
"[2008 Election Democratic Presidential Candidate and Illinois] Senator
Barack Obama’s general election plan calls for broadening the electoral
map by challenging [2008 Election Republican Presidential Candidate and
Arizona] Senator John McCain in typically Republican states — from North
Carolina to Missouri to Montana — as Mr. Obama seeks to take advantage
of voter turnout operations built in nearly 50 states in the long Democratic
nomination battle, aides said." ... "On Monday, Mr. Obama will travel to
North Carolina — a state that has not voted for a Democratic presidential
candidate in 32 years — to start a two-week tour of speeches, town hall
forums and other appearances intended to highlight differences with Mr.
McCain on the economy. From there, he heads to Missouri, which last voted
for a Democrat in 1996. His first campaign swing after securing the Democratic
presidential nomination last week was to Virginia, which last voted Democratic
in 1964." ... "With [New York] Senator Hillary Rodham Clinton now having
formally bowed out of the race and thrown her backing to him, Mr. Obama
wants to define the faltering economy as the paramount issue facing the
country, a task probably made easier by ever-rising gasoline prices and
the sharp rise in unemployment the government reported on Friday." (1,
2)
-By Adam Nagourney and Jeff Zeleny with contributions
by Jim Rutenberg -NYTimes
20080605
 Mitch
McConnell -  James
Inhofe -Gas
-  Emissions
-  Global
- Climate
-  Environment
-  Nevada
-  Kentucky
-  Oklahoma
- US
- Law
"Republicans
stall climate change bill to punish Reid." ... "When
[Nevada Democratic Senator] Sen. Harry Reid rose to become the majority
leader in 2007, many believed he had met his match in the Republicans’
new Senate leader, [Kentucky Republican Senator] Mitch McConnell of Kentucky."
... "Shrewd parliamentarians both, they brought the prospect of each trying
to outsmart the other on the Senate floor, promising good viewing." ...
"Those skills were on display Wednesday when McConnell brought the Senate
to a standstill." ... "Just as the chamber was about to begin a feisty
debate on the most sweeping effort yet to address climate change, McConnell
shut down the Senate by forcing full reading of the 491-page bill." ...
"Rather than hearing a spirited battle over carbon emissions, gas prices
and new fees for polluters, one lonely clerk after another read page after
page of minutia to a nearly empty chamber." ... "In his own statement,
Reid said: “Republicans are yet again doing everything in their power to
slow, stop and stall. These petty, partisan tactics waste the American
people’s time, and ignoring the crisis of global warming endangers all
of us.”" ... "By early evening, with a few remaining tourists in the gallery
watching the nearly empty floor, Republican [Oklahoma Senator] Sen. James
Inhofe of Oklahoma, the chamber’s leading global warming skeptic, sat in
waiting, prepared to object should Democrats ask for the hours-long reading
to end." -LasVegasSun.com
20080516
-
John
McCain - Money
- Politics
- Government
-
 Myanmar
- Military
- Arizona
- US- 2008
Election - "McCain
axes energy advisor." ... "[2008 Election] Republican
presidential contender John McCain on Thursday fired an energy policy advisor
who lobbies the federal government on behalf of energy clients, citing
a new policy that seeks to quash influence peddling." ... "''The campaign
recently severed ties with Eric Burgeson due to a new campaign policy that
prohibits any registered lobbyist from participating in any policy discussions
on the subjects in which they work,'' said McCain spokesman Jeff Sadosky."
... "The policy was developed following the recent dismissals of two campaign
aides whose lobbying firm represented the military junta that runs Myanmar,
widely condemned for thwarting rescue efforts after a deadly cyclone."
... "McCain's former energy advisor joined the firm of Barbour Griffith
& Rogers [lobbyist firm] in Washington in 2006 after serving as the
chief of staff at the Department of Energy. Burgeson's energy clients include
Southern Company, which operates electric utilities and nuclear-power plants
in the Southeast." ... "''Eric leads the firm's energy practice utilizing
his domestic and international energy policy expertise and network of policy
decision makers,'' the firm's website states." -By
Beth Reinhard -MiamiHerald
20080514
-
John
McCain - Myanmar
-
 Sudan
- Oil
- Corporation
- Politics
- Arizona
- US
- 2008
Election - "McCain
On Wife's Sudan-Related Investment." ... "[2008 Election
Republican Presidential Candidate John] McCain, whose wife has come under
fire for refusing to disclose her tax return documents, fielded tough questions
about her investment in a mutual fund that deals in Sudan, as well as about
the resignation of two McCain aides over their involvement in lobbying
deals with the Myanmar junta." ... "The Arizona senator said that he was
not aware of his wife's investment in two mutual funds that include holdings
in Oil & Natural Gas Corp. [Corporation], which in turn does business
in the genocide-ridden African nation. " -By Carrie
Dann -NationalJournal
-
John
McCain - Sudan
-
 China
-  India
- Oil
- Politics
- International
- US
- 2008
Election - "McCain's
wife sells Sudan investments." ... "The wife of [2008
Election] Republican presidential candidate John McCain, who has been a
critic of the violence in Sudan, sold off more than $2 million in mutual
funds whose holdings include companies that do business in the African
nation." ... "The sale on Wednesday came after The Associated Press questioned
Cindy McCain's investments in light of calls by her husband for international
financial sanctions against the Sudanese leadership." ... "According to
McCain's personal financial disclosure, Cindy McCain's investments include
two mutual funds — American Funds Europacific Growth fund and American
Funds Capital World Growth and Income fund — that are listed by the Sudan
Divestment Task Force as targets for divestment." ... "Both funds have
holdings in Oil & Natural Gas Corp. [Corporation], an India-based company
that does business in Sudan. The American Funds Capital World Growth &
Income Fund also has holdings in Petrochina, a Chinese government-owned
oil company with vast investments in Sudan."
-AP via -USATODAY
20080510
-
Barack
Obama - John
McCain - 2008
Election -
 Oregon
- Energy
-  Technology
- US
- Iraq
- Military
- Health
Care - "Obama
eager to campaign with McCain." ... "Acting even
more like he has clinched the Democratic presidential nomination, [2008
Election Democratic Presidential Candidate] Barack Obama said on Saturday
he would be willing to campaign jointly with Republican [2008 Election
Presidential Candidate] John McCain and acknowledged he needed to better
introduce himself to Americans." ... "After a stop at a solar technology
company in this central Oregon town [Bend, Oregon], Obama was asked if
he supported a suggestion that he campaign with McCain and hold joint town
hall meetings in the run-up to the November [2008] general election." ...
""I think that's a great idea. Obviously we'd have to think through the
logistics on this," Obama said. "Should I be the nominee, if I have the
opportunity to debate substantive issues before the voters with John McCain,
that's something I'm going to welcome."" ... "Obama, who took a commanding
lead in the Democratic race last week, said he looked forward to pointing
out his differences with McCain, including views on the energy crisis,
the Iraq war and health care." ... ""We haven't finished this primary yet
so it's premature to start projecting how the general election's going
to play out," he said at the news conference." (1, 2,
3)
-By Deborah Charles wtih contributions by by Chris
Baltimore and Todd Eastham -Reuters
-
John
McCain - Burma
[Myanmar] - Military
- Money
- Politics
- DCI
Group - Marketing
- Human
Rights - Oil
- Arizona
- US
- 2008
Election - Saint
Paul -
 Minn
- "McCain's
Convention Chair Worked for Burma's Military Junta."
... "John McCain's choice to manage the GOP convention this summer is lobbyist
Doug Goodyear, whose firm once represented Burma's repressive regime."
... "After [2008 Election Republican Presidential Candidate] John McCain
nailed down the Republican nomination in March, his campaign began wrestling
with a sensitive personnel issue: who would manage this summer's GOP convention
in St. Paul, Minn. [Minnesota]? The campaign recently tapped Doug Goodyear
for the job, a veteran operative and Arizonan who was chosen for his "management
experience and expertise," according to McCain press secretary Jill Hazelbaker.
But some allies worry that Goodyear's selection could fuel perceptions
that McCain—who has portrayed himself as a crusader against special interests—is
surrounded by lobbyists. Goodyear is CEO of DCI Group, a consulting firm
that earned $3 million last year lobbying for ExxonMobil [oil corporation],
General Motors and other clients." ... "Potentially more problematic: the
firm was paid $348,000 in 2002 to represent Burma's military junta, which
had been strongly condemned by the State Department for its human-rights
record and remains in power today. Justice Department lobbying records
show DCI pushed to "begin a dialogue of political reconciliation" with
the regime. It also led a PR [public relations] campaign to burnish the
junta's image, drafting releases praising Burma's efforts to curb the drug
trade and denouncing "falsehoods" by the [Republican President] Bush administration
that the regime engaged in rape and other abuses. " -By
Michael Isikoff -Newsweek
20080509
-
Oil
- Government
- New
York
- Missouri
- US
-
 Euro
- History
- "Oil
Climbs Above $126 to Record as Dollar Weakens Against Euro."
... "Crude oil for June delivery rose $2.27, or 1.8 percent, to a record
closing price of $125.96 a barrel at 2:55 p.m. on the New York Mercantile
Exchange. The contract surged to $126.27 today, the highest since futures
began trading in 1983. Prices are up 8.3 percent this week, the biggest
weekly gain in more than a year. Futures have more than doubled in the
past year." ... "The dollar fell 9.6 percent since Sept. 18, when the Federal
Reserve began cutting rates to ease financial-market strains and stave
off a recession. The U.S. [United States] central bank cut rates seven
times while the ECB [European Central Bank] has left rates unchanged. The
dollar fell 0.6 percent to $1.5483 per euro at 3:27 p.m. in New York."
... "``Fed policy is accommodating the rise in energy prices,'' said Bill
O'Grady, director of fundamental futures research at Wachovia Securities
in St. Louis [Missouri]. ``The Fed and federal government are putting more
liquidity in people's pockets, which is being spent on expensive oil.''"
... "The U.S. government started sending $117 billion in tax rebate checks
last week as part of its fiscal stimulus plan." ... "Heating oil for June
delivery climbed 12.62 cents, or 3.6 percent, to close at a record $3.636
a gallon in New York." ... "Gasoline futures for June delivery rose 6.34
cents, or 2 percent, to $3.2012 a gallon in New York after reaching a record
$3.2038 today." ... "Regular gasoline, averaged nationwide, rose 2.6 cents
to a record $3.671 a gallon, AAA, the nation's largest motorist organization,
said today." -By Mark Shenk
-Bloomberg
20080508
-
Oil
- Corporations
- Air
- Environment
-
 Ground
-  Water
- Safety
- Health
- Science
- Politics
- "Chevron,
11 Oil Companies to Pay $423 Million in MTBE Lawsuits."
... "Water suppliers in 17 states will collect $423 million from Chevron
Corp. [Corporation], BP Plc [Public limited company] and 10 other oil companies
as part of a settlement of contamination claims involving the gasoline
additive MTBE." ... "The suits claim the oil companies contaminated wells
and underground aquifers across the country by adding methyl tertiary butyl
ether, or MTBE, to gasoline as a way to reduce air pollution. They claim
the oil companies hid information showing MTBE would cause ``massive''
contamination." ... "The settlement was filed yesterday with U.S. District
Judge Shira Scheindlin in New York, who is presiding over the 59 settled
lawsuits brought by 153 municipalities. The six oil companies and refineries
that didn't settle include Exxon Mobil Corp. [Corporation], the world's
biggest publicly traded oil company, according to Robert Gordon, a lawyer
for the plaintiffs." ... "The municipalities ``will use the money to continue
to treat water so that it is safe and pure,'' Gordon said in a phone interview."
... "MTBE reduces air pollution by making gasoline burn more completely
in a car's engine. MTBE discharged into the air contaminates groundwater
through rainfall. The additive has been banned in many states." ... "Estimates
of the cost to treat contaminated water in the U.S. have reached $30 billion."
... "Scheindlin denied a request by the oil companies to dismiss the suits
in 2005." ... "``Innocent water providers -- and ultimately innocent water
users -- should not be denied relief from the contamination of their water
supply if defendants breached a duty to avoid an unreasonable risk of harm
from their products,'' Scheindlin said at the time." ... "The case is In
Re: MTBE, 00-cv-1898, U.S. District Court, Southern District of New York
(Manhattan). " -By David Glovin
-Bloomberg
20080503
-
Barack
Obama - Hillary
Clinton - Gas
- Politics
- 2008
Election - New
York - Illinois
-
 Indiana
- North
Carolina - US
-  Guam
- "Obama
rips Clinton's gas tax plan." ... "Broadening his
attack, [2008 Election Democratic Presidential Candidate and Illinois Senator]
Sen. Barack Obama said Saturday that [2008 Election Democratic Presidential
Candidate and New York Senator] Sen. Hillary Clinton's support for a summertime
break from the federal gasoline tax symbolizes a candidacy consisting of
"phony ideas, calculated to win elections instead of actually solving problems.""
... "Locked in a Democratic presidential race for the ages, Clinton and
Obama campaigned across Indiana and North Carolina at the same time they
competed in Guam's caucuses and added to their convention delegate totals
in several states." ... "In all, four delegates were at stake in Guam half
a world away from the U.S. [United States] mainland. But given the closeness
of the race, both candidates made an effort to win."
-CNN
20080502
-
John
McCain - Corporate
- Oil
- Politics
- Foreign
- US
- Iraq
- Military
- 2008
Election - Denver
-
 Colorado
- "McCain
Suggests Iraq War Is About Oil." ... "At the conclusion
of a town hall held this morning outside in Devner [sic, correction: Denver,
Colorado], [2008 Election Republican Presidential Candidate] John McCain
decided to toss in a plug for his upcoming energy policy rollout. But as
McCain decried the dangers of Americans reliance on foreign oil, he also
seemed to suggest that this reliance caused the current struggle in Iraq."
... ""My friends, I will have an energy policy that we will be talking
about, which will eliminate our dependence on oil from the Middle East
that will - that will then prevent us - that will prevent us from having
ever to send our young men and women into conflict again in the Middle
East," McCain said." ... "This comment was initially prompted by a compliment
from a military veteran who stated that he hoped a group called "Swift
Boats for McCain come out and help" the GOP [GOP=Grand Old Party=Republican]
nominee. " ... "Of note -- McCain didn't object to the audience member's
suggestion that a so-called 'swift boat' group help him win the presidency.
Instead, he thanked the man for his good wishes and his military service."
-By Adam Aigner-Treworgy
-NationalJournal
WATCH:
"McCain Implies Iraq War Is For Oil."
-
Hillary
Clinton - John
McCain - Gas
- Politics
- Consumer
- Memorial
Day - Labor_Day
- New
York - 2008
Election
- "Clinton,
McCain Push Gas Tax Break Economists Panned (Update1)."
... "[2008 Election Democratic Presidential Candidate] Hillary Clinton
and [2008 Election Republican Presidential Candidate] John McCain are both
pushing a ``gas-tax holiday'' to give consumers an 18.4- cent-a-gallon
price break. Clinton says the plan will take excess profits from oil companies.
McCain says it will help families buy school supplies." ... "Economists
have a different take: They say the oil companies may end up the biggest
beneficiaries, while the aid to families wouldn't be enough to buy a $35
backpack." ... "The trouble with the plan, they say, is that oil prices
are rising because of low supplies, and companies will continue to charge
the average $3.60 a gallon and just pocket the money that would have gone
to federal taxes." ... "``That's $10 billion, and it's going into the pockets
of oil refiners,'' said Leonard Burman of the Tax Policy Center in Washington.
``The last time I checked, they didn't need it.''" ... "Ethan Harris, chief
U.S. [United States] economist at Lehman Brothers Holdings Inc., said families
would save only about $18 a month. Burman estimated the total savings from
Memorial Day to Labor Day at $28." ... "New York Mayor Michael Bloomberg
said the proposal was ``about the dumbest thing I've heard in a long time
from an economic point of view.''" -By Alison Fitzgerald
-Bloomberg
20080430
-
Agriculture
- Factory
- Companies
- Poor
-
 People
- Nutrition
- Health
- US
- 
- World
- Biofuel
- Air
- Soil
- Water
- Environment
- Animals
- Plants
- Science
- "Shortages
Threaten Farmers’ Key Tool: Fertilizer." ... "Some
kinds of fertilizer have nearly tripled in price in the last year, keeping
farmers from buying all they need. That is one of many factors contributing
to a rise in food prices that, according to the United Nations’ World Food
Program, threatens to push tens of millions of poor people into malnutrition."
... "Rising demand for food and biofuels prompted farmers everywhere to
plant more crops." ... "Fertilizer companies are confident the shortage
will be solved eventually, noting that they plan to build scores of new
factories. But that will probably create fresh problems in the long run
as the world grows more dependent on fossil fuels to produce chemical fertilizers."
... "The demand for fertilizer has been driven by a confluence of events,
including population growth, shrinking world grain stocks and the appetite
for corn and palm oil to make biofuel. But experts say the biggest factor
has been the growing demand for food, especially meat, in the developing
world." ... "Fertilizer is plant food, a combination of nutrients added
to soil to help plants grow. The three most important are nitrogen, phosphorus
and potassium. The latter two have long been available. But nitrogen in
a form that plants can absorb is scarce, and the lack of it led to low
crop yields for centuries." ... "That limitation ended in the early 20th
century with the invention of a procedure, now primarily fueled by natural
gas, that draws chemically inert nitrogen from the air and converts it
into a usable form." ... "Environmental groups fear increased use, particularly
of nitrogen fertilizer made using fossil fuels. Because plants do not absorb
all the nitrogen, much of it leaches into streams and groundwater. That
runoff has long been recognized as a major pollution problem, and it is
growing." ... "A barometer of the pollution is the rising number of dead
zones where rivers meet the sea. In the Gulf of Mexico, for instance, nitrogen
runoff from fields in the Corn Belt washes downstream and feeds plant life
in the gulf. The algae blooms suck oxygen from the water, killing other
marine life." (1, 2)
-By Keith
Bradsher and Andrew
Martin -NYTimes
-
Clinton
- McCain
- Obama
- Infrastructure
-
 Auto
- Transportation
- North
Carolina - 2008
Election - Oil
- Companies
- Politics
- "Clinton-McCain
gas tax holiday slammed as bad idea." ... "The [gas]
tax is used to fund the Highway Trust Fund that builds and maintains roads
and bridges." ... "Economists said that since refineries cannot increase
their supply of gasoline in the space of a few summer months, lower prices
will just boost demand and the benefits will flow to oil companies, not
consumers." ... ""You are just going to push up the price of gas by almost
the size of the tax cut," said Eric Toder, a senior fellow at the Urban-Brookings
Tax Policy Center in Washington." ... "[2008 Election Democratic Presidential
Candidate Barack] Obama criticized the plan as pure politics and said the
only way to lower the price of gas is to use less oil." ... ""It would
last for three months and it would save you on average half a tank of gas,
$25 to $30. That's what Senator Clinton and Senator McCain are proposing
to deal with the gas crisis," he said on Tuesday in Winston-Salem, North
Carolina." ... ""This isn't an idea designed to get you through the summer,
it's an idea designed to get them through an election."" (1, 2,
3)
-By Alister Bull with contributions by Bill Trott
-Reuters
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