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“I’m giving him credit for being an incredibly sharp steak knife.”

The NRC voted 4-1 to allow Atlanta-based Southern Co to build and operate two new nuclear power reactors at its existing Vogtle nuclear power plant in Georgia.

Hundreds of Lawsuits

Instead of blithely assuming the United States would purchase its oil, Canada is now determined to find diverse buyers so it won’t be held hostage by American politics.

The world’s largest publicly traded oil company reported net income of $9.4 billion for the quarter, up from $9.25 billion the year before.

In total, the U.S. tort system cost $264.6 billion, which translates to $857 per person, versus $820 per person in 2009.

Both sides claimed victory over the ruling, which Transocean spokesman Lou Colasuonno said “discredits BP’s ongoing attempts to evade both its contractual and financial obligations”

American energy will be a major theme of Obama’s State of the Union address to Congress tonight

Insolvency, when a company’s debts exceed its assets and cash flow, has been rising in many European countries

“Railroads are not just a stopgap while we wait for a pipeline,” Hatch said in an interview. “They are potentially part of the long-term solution.”

While natural gas prices have plummeted to 10-year lows, heating oil prices have been steadily rising for years and are expected to reach record levels this winter

Obama last week said he couldn't render a judgment because TransCanada hasn't yet identified its alternate route.

“I’m disappointed that Republicans in Congress forced this decision, but it does not change my administration’s commitment to American-made energy,” Obama said today in a statement.

Under the terms of the legislation, Mr. Obama must, within 180 days, cut off access to the United States to any public or private financial institution that buys oil through the Central Bank of Iran.

Schork, Keene, and Prewitt: Bloomberg Surveillance - Topic Warm Winter's Impact upon Fuel...

Oil GLUT... So why are prices still so high at the pump?

The United States, and Europe, have moved aggressively to block Iran’s ability to sell oil

Barron's has been bullish about Chevron in the past....

“Iran is one of China’s biggest petroleum suppliers.”

Almost exactly two years ago in January 2010, a physics professor, Massoud Ali Mohammadi, was also assassinated in Tehran.

“It’s not the revolving door. It’s the express elevator,” he says.

Overcapacity is the sector's main headwind. There are 576 supertankers on the water now, and 78 are due to be delivered this year, even as demand for shipments has decreased—owing to the economic slowdown and domestic energy discoveries in the U.S.

Said David L. Goldwyn, former State Department coordinator for international energy affairs. “We would take out their frigates.”

“The place to get Iran’s attention is in the oil sector.”

General Dabi repeatedly obstructed their investigation

“The Koch case was a classic case of environmental crime, significant violations of law occurring alongside widespread efforts to conceal those violations, which Koch has admitted."

“Certainly, this type of award falls far short of expectations....It appears to be fairly disappointing for Exxon Mobil.”

“Boeing views Saudi Arabia as a market with great potential and has made it a priority to invest in Saudi Arabia’s aviation industry,” said Boeing Chairman Jim McNerney

The agreement is part of a broader 10-year, $60 billion arms package for Saudi Arabia that Congress approved a year ago.

"I have found ways not to have to buy gas and so I’m going to keep doing that.”

Those sanctions have not targeted Iran’s oil exports, the world’s third largest. But in recent weeks, the European Union has talked openly of imposing a boycott on Iranian oil

The details of a possible government takeover also remain murky.

“Our motto is friendship and brotherhood, but Westerners are not willing to abandon their plots.”

The decision also allows the commission’s staff to issue a new kind of license, a combined construction and operating license, for the four reactors, two at each site.

There was no immediate claim of responsibility for the attacks on Thursday, but they appeared similar to others conducted by the largely home grown Sunni insurgent group, Al Qaeda in Iraq.

So much for Nation Building....

The study criticized both the industry and federal regulators for “misplaced trust” in the ability of blowout preventers to seal off wells in an emergency

“I just heard from you that they’ve withdrawn,” Mustafa Younis, an auto mechanic in Mosul, said to a reporter. “We’ve been waiting for this day since 2003."

“As they get far bigger, how are they going to assure the public’s safety when they seem to have trouble handling the infrastructure they already have?”

“Let me be clear: Iraq will be tested in the days ahead — by terrorism, and by those who would seek to divide, by economic and social issues, by the demands of democracy itself.”

“The government wants to reassure the people that everything is under control, and do this by the end of this year.”

The shares have lost 88 percent of their value since the March 11 earthquake and tsunami wrecked its Fukushima Dai-Ichi atomic plant.

Hock said he wasn’t sure if Encana used the synthetic chemicals found in the aquifer when fracking wells in Pavillion.

Halliburton is the world’s second-largest oilfield services provider.

The spreading wealth from gas fields has also benefited Representative Dan Boren, a Democrat who has deep family ties to the industry

Which of the following individuals is an oil-and-gas magnate who has made billions of dollars through a deal with Kohlberg Kravis Roberts in the last three years?

Meanwhile, some of their neighbors—who are, perhaps, also shaleionaires—have watched their tap water turn brown and, on occasion, explode.

The opposition has insisted that the repression was in fact systematic, part of what it calls institutional discrimination against the Shiite majority.

“We must reform our laws to bring them in line with international standards.”

Nature of the Repression

“Your Obedient Servants,”

Foreign oil giants, including the American companies Marathon and Hess, certainly want to be in Libya, and the jockeying has already begun for the chance to drill new fields on profitable terms.

"Everyone has their childhood dreams."

If Exxon did indeed sign a deal in Kurdistan, it is wading into a central controversy that has dogged Iraq since the American invasion.

Eventually, the radiation levels got too high, and they gave up.

"President Obama made just the right call on Thursday when he delayed a final decision on the Keystone XL oil pipeline...."

Goldman Sachs is the second-largest shareholder of Kinder Morgan

“This is clearly a political decision, and everyone knows it,” Thomas Donohue, president and chief executive officer of the U.S. Chamber of Commerce

One of TransCanada’s principal lobbyists, Paul Elliott, was a senior staff member in Secretary of State Hillary Rodham Clinton’s 2008 presidential campaign.

Let’s face it: a large part of our political class, including essentially the entire G.O.P., is deeply invested in an energy sector dominated by fossil fuels, and actively hostile to alternatives.

"Mr. Badri, also known as Abu Dua, has kept a low profile since assuming control of the group after raids last April killed the organization’s previous two leaders."

The power shift means that a clause in Mr Isenberg's employment contract will give him $100 million.

The size of the standby American combat force to be based in Kuwait remains the subject of negotiations, with an answer expected in coming days.

“There is a gold rush of sorts taking place right now,” said David Hamod, president and chief executive officer of the National U.S.-Arab Chamber of Commerce

“We continue pursuing new opportunities to meet growing energy demand while supporting economic growth, including job creation,” Rex. W. Tillerson, Exxon Mobil’s chairman, said in a statement.

The approval is for one well off the Louisiana coast in the Kaskida field, at a depth of about 6,000 feet.

“We will look into the reasons for the killing of Qaddafi, and into who had an interest in seeing him killed,” Colonel Bani said.

"Goldman Sachs earned larger advisory fees than if El Paso had consummated the spin-off, and Goldman Sachs stands to see its 20 percent investment in Kinder Morgan increase in value," said the complaint.

“Libya is popular on the whole with the French because it plays to their sense of France standing up for human rights.”

Congratulations to the People of Libya, and President Obama…

“We have been waiting for this moment for a long time. Muammar Qaddafi has been killed,” Mahmoud Jibril, the prime minister of the Transitional National Council

“The state of Libya was a state of constant revolution, which suggests there was no goal,” said Mr. Matar, the novelist. “It was all false; it was a way to keep them all occupied.”

Mr. Kinder has said he would do "whatever it takes," including selling assets, to get the merger past antitrust regulators.

Weekly U.S. Retail Gas Prices.... Thank you Dshort!

Two Goldman managing directors, Henry Cornell and Kenneth A. Pontarelli, also sit on Kinder Morgan’s board. They both work in Goldman’s principal investments division.

“This makes Kinder Morgan the dominant pipeline company in the country,” Chip Johnson, the chief executive of Carrizo Oil and Gas, a midsize driller in the shale fields, said. “They are everywhere now. They can deliver gas all over the country.”

The total value including assumed debt from El Paso is $37.8 billion, Kinder Morgan said in a document prepared for investors.

Land grants, for instance, helped build the coal industry, Depression-era spending created hydroelectric dams, and the Defense Department helped develop the first nuclear reactors.

“But the government doesn’t even try to inform the public how much radiation they’re exposed to.”

“What’s normal is deplorable, and it’s NEPA’s dirty little secret.”

“Be courageous, rise up, go to the streets!”

But instead of listening to bright people like Mr. Hansen who know what they’re talking about, our government’s staffers are blowing kisses at lobbyists.

BP had acquired a 30 percent stake in 23 oil and gas blocks in India from Reliance earlier this year

The politics has fractured along unexpected lines as well.

Foreign oil companies operating in Syria include Royal Dutch Shell, the Oil and Natural Gas Corporation of India, Total of France and the China National Petroleum Corporation.

“It’s a waste to be wasting all of this energy.”

“We are determined to continue our mission for as long as necessary, but ready to terminate the operation as soon as possible,” the NATO secretary general...

The council’s leader, Mustafa Abdel Jalil, was warmly welcomed by President Obama and other world leaders, most of whom who had supported the anti-Qaddafi forces in the Libyan confli

“Brazil will become an oil power by the end of the decade, with production in line with that of Iran."

“Saudi Arabia will cut back after its summer surge.”

“The fabric here was never that strong, and now it is torn.”

“The Bureau of Ocean Energy Management report accurately places responsibility on BP as the well owner,” it said.

“He cannot escape,” he said, adding that he expected the rebels to move in soon.

"A ConocoPhillips spokesman denied the report about the possible sale of two East Coast refineries."

“We prefer death to anything less than dignity and freedom.”

"The important things to remember are that they are already in Russia, that they already produce a lot more oil in Russia than the other majors and that the Arctic is a very, very, very big place."

“Thank you, Americans. Thank you, President Obama.”

The timing of the raid, however, highlighted this peculiar type of Russian risk for another company — ExxonMobil, which just a day earlier agreed to take over the very Arctic exploration deal that fell through for BP.

“They got away with BP, because the deal was seen as BP having two Russian wives.”

The world is watching Germany’s extreme energy makeover, as politicians from New York to Rome have floated their own plans to shut or shelve reactors.

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