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They are getting sloppy with embezzlement these days Wall Street Journal (9/9/11) reports: The political scandal over the failure of Solyndra, the politically connected solar-panel maker, just got a lot more interesting. The FBI raided the company's Fremont, California offices yesterday and executed a search warrant…Congress has been investigating the company, which received a $535 million government loan guarantee in March 2009 and announced August 31 that it is filing for bankruptcy....
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In an effort to advert more solar bankruptcies, the Obama administration is now financing 160,000 solar installation on military bases Mercury News (9/7/11) reports: Foster City-based SolarCity, which has installed solar panels on 16,000 homes nationwide, on Wednesday announced an ambitious $1 billion plan to put solar panels on 160,000 houses and other buildings on military bases in 33 states…The move signals that the military, which is eager to reduce its energy use, is becoming a key...
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Did you know Israel has the 2nd largest oil shale reserves in the world? That we are the first? But they don't have Ken Salazar, so they're pursuing theirs while we twiddle our thumbs  The Australian (9/6/11) reports: But an updated version may be required if Harold Vinegar and his colleagues get their way. Dr Vinegar, the former chief scientist of Royal Dutch Shell, is at the centre of an ambitious project to turn Israel into one of the world's leading oil producers….Israel Energy...
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At the end of the day, it comes to down to whether you want the Canadians as allies, or would you rather have them snuggle up to the Chinese.  Even for the most hopeless Administration since James Earl Carter, that’s an easy decisionNew York Times  (8/29/11) reports: The State Department gave a crucial green light on Friday to a proposed 1,711-mile pipeline that would carry heavy oil from oil sands in Canada across the Great Plains to terminals in Oklahoma and the Gulf Coast…The...
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You should probably be aware of this effort because it argues that economic growth is the right answer.  Which is a completely revolutionary (and accurate) thought Open the Gulf (8/26/11) reports: In June 2010, the federal government instituted a moratorium on all deepwater drilling and nearly halted shallow-water drilling following the Deepwater Horizon oil spill in the Gulf of Mexico.   As the region recovered from the oil spill, it became increasingly obvious another tragedy was...
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Leaving no doubt that the only paper read in the White House is the formerly great New York Times, the Obama Administration unleashed another attack against the last remaining bright spot in the American economy....the miracle of hydraulic fracturing Wall Street Journal (8/25/11) reports: The Securities and Exchange Commission is asking oil and gas companies to provide it with detailed information—including chemicals used and efforts to minimize environmental impact—about their use of a...
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What if the government called a shortage but no one cared? Marcellus holds 41 times more gas and 339 times more petroleum than the Bush Administration estimated in 2002 Tri Today (8/23/11) reports: A recent U.S. Geological Survey study determined that the Marcellus shale contains about 84 trillion cubic feet of recoverable natural gas and 3.4 billion barrels of recoverable natural gas liquids, much more than initial estimates indicated…Before this study released Tuesday, USGS Marcellus...
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I guess it’s smaller than I expected reading the article — 5 years, for a total of $2 billion per year; however, the regulatory tax per year is $1.75 trillion according...to an SBA commissioned study Wall Street Journal (8/23/11) reports: The Obama administration will release final plans Tuesday for ending or cutting back hundreds of regulations, an effort to reduce the burden on business and counter criticism that the White House is tone-deaf to business concerns…Certain railroad cars...
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It’s so sad when families squabble Washington Examiner (8/22/11) reports: Some top Congressional Democrats are losing faith in President Obama's signature employment initiative, the promotion of so-called "green jobs."  They've lost so much faith that on Thursday one liberal Democratic member of Congress called the president's green jobs program "a lot of talk.".."Of course, we want to be a part of the new innovation and the green jobs," Rep. Maxine Waters said on MSNBC Thursday.  "But...
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Let the great experiment begin! Super Committee received over $64 million in special interest money Fox News  (8/18/11) reports: Let the gridlock begin where it always does, with political donations…The bipartisan "super committee" created under the debt ceiling deal that is supposed to come up with at least $1.2 trillion in deficit savings by the end of November got $64.6 million from special interests groups over the past decade, according to a new analysis by MapLight, a nonpartisan...
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