Tag Archives: harold

Is Ivanka Trump a secret climate hawk? Probably not, but ¯_(ツ)_/¯.

For the first time in eight years, OPEC — you know, that cartel of 14 oil-rich countries like Saudi Arabia, Iran, and Venezuela — made a deal to curb production starting in January.

It’s partially a response to the worldwide glut of oil that has battered crude prices over recent years. OPEC’s profits from oil exports have plunged from a record $920 billion in 2012 to $341 billion this year. This puts countries that depend on oil exports (looking at you, Venezuela) between a shale rock and a hard place.

To push prices back up, OPEC members agreed to slash production, leading to an 8 percent spike in crude prices on Wednesday. Investors raced to buy shares of U.S. shale oil companies. Continental Resources  — founded by Harold Hamm, Trump’s energy advisor — jumped 25 percent after the announcement. Whiting Petroleum soared 32 percent, its biggest one-day jump in 13 years.

This celebration is sure to lead to a hangover. For one, OPEC countries have a hard time sticking to their agreements. And experts predict a long century of decline for oil as demand peaks in the next decade. Of course, those estimates assume countries will keep their pledges to combat climate change.

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Is Ivanka Trump a secret climate hawk? Probably not, but ¯_(ツ)_/¯.

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Why the Heck Is Ben Carson Campaigning in Staten Island?

Mother Jones

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The New York Republican presidential primary is in 106 days, on April 19. It is the 37th nominating contest, coming more than three months after the first votes are cast in Iowa on February 1. So naturally Ben Carson is campaigning there on Monday night.

This is kind of strange. Carson’s campaign is a mess right now. When three of his top aides quit before the New Year, Armstrong Williams, Carson’s top advisor, found out about it on Twitter. Carson, a retired neurosurgeon, once was at the top of the polls, but his numbers have plummeted in Iowa and elsewhere. Still, he insists he’s plowing ahead and remains a contender. If so, what’s he doing in Staten Island, while the other candidates rightly focus on Iowa and New Hampshire in the pre-voting homestretch? Some possibilities:

The ferry offers a great view of the harbor at a low price.
Carson wants to run for mayor of New York and is learning from Harold Ford’s mistake.
Fresh Kills is a cool name for one of the world’s largest garbage dumps.
Great pizza.
???

There’s no real explanation for this stop. (Has Carson sold every book he can possibly sell in Iowa?) It’s the latest sign his campaign—though it collected $23 million in the most recent quarter—cannot be considered a serious effort.

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Why the Heck Is Ben Carson Campaigning in Staten Island?

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Oklahoma scientists pressured to downplay link between earthquakes and fracking

Oklahoma scientists pressured to downplay link between earthquakes and fracking

By on 4 Mar 2015 4:01 pmcommentsShare

Oklahoma has been experiencing an earthquake boom in recent years. In 2014, the state had 585 quakes of at least magnitude 3. Up through 2008, it averaged only three quakes of that strength each year. Something odd is happening.

But scientists at the Oklahoma Geological Survey have downplayed a possible connection between increasing fracking in the state and the increasing number of tremors. Even as other states (Ohio, for example) quickly put two and two together and shut down some drilling operations that were to blame, OGS scientists said that more research was needed before their state took similar steps.

Now, though, emails obtained by EnergyWire reporter Mike Soraghan reveal that the University of Oklahoma and its oil industry funders were putting pressure on OGS scientists to downplay the connection between earthquakes and the injection of fracking wastewater underground. In 2013, a preliminary OGS report noted possible correlation between the two, and OGS signed on to a statement by the U.S. Geological Survey that also noted such linkages. Soon after, OGS’s seismologist, Austin Holland, was summoned to meetings with the president of the university, where OGS is housed, and with executives of oil company Continental Resources. Continental CEO Harold Hamm was a major university funder, while the university president David Boren serves on Continental’s board, for which he earned $272,700 in cash and stock in 2013. From EnergyWire:

“I have been asked to have ‘coffee’ with President Boren and Harold Hamm Wednesday,” [Holland] wrote in an Nov. 18, 2013, email to a co-worker.

The significance was not lost on his colleague, OGS Public Information Coordinator Connie Smith.

“Gosh,” Smith responded. “I guess that’s better than having Kool-Aid with them. I guess.”

A meeting with such powerful figures in the state would be intimidating for a state employee such as Holland, said state Rep. Jason Murphey of Guthrie.

“Wow. That’s a lot of pressure,” said Murphey, a Republican whose district has been rattled by numerous quakes. “That just sends chills up your spine if you’re from Oklahoma.”

Oklahoma geologist Bob Jackman, who has tried to get the word out about the connection between fracking and the quakes, recalls Holland saying last year that he couldn’t do the same. According to Jackman, Holland, when pressed, blurted out, “You don’t understand — Harold Hamm and others will not allow me to say certain things.”

Holland says Jackman misremembered the conversation. Holland publicly denies being pressured by the university or industry.

Other scientists at OGS weren’t happy to see the agency downplay the link between one oil and gas project, called the Hunton dewatering, and an earthquake swarm near Oklahoma City. One wrote to a family member, “I am dismayed at our seismic people about this issue and believe they couldn’t track a bunny through fresh snow!”

Even the USGS picked up on something fishy when Holland suggested alternative hypotheses to explain earthquakes instead of linking them to fracking processes. A science adviser with the federal agency wrote to Holland saying one alternative theory was “unlikely” and “could be very distracting from the larger issue of earthquake safety in Oklahoma … and the role that wastewater injection may be playing.”

In July 2014, Holland told Bloomberg that if a link between fracking and the quakes were to be discovered, he’d have to advise the state to shut some drilling operations down. “If my research takes me to the point where we determine the safest thing to do is to shut down injection — and consequently production — in large portions of the state, then that’s what we have to do,” he said. “That’s for the politicians and the regulators to work out.”

The research is there, even if UO President David Boren or Continental CEO Harold Hamm aren’t pleased about it. Let’s see what those politicians and regulators do next.

Source:
Okla. agency linked quakes to oil in 2010, but kept mum amid industry pressure

, EnergyWire.

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Oklahoma scientists pressured to downplay link between earthquakes and fracking

Posted in Anchor, Bunn, FF, GE, Jason, LAI, Landmark, LG, ONA, Radius, Uncategorized | Tagged , , , , , , , , , | Comments Off on Oklahoma scientists pressured to downplay link between earthquakes and fracking