Monthly Archives: November 2007

Conoco says it's in on the Alaskan natural gas line

Houston-based ConocoPhillips will be one of the companies to submit an application to build a $20 billion to 30 billion natural gas pipeline from Alaska’s North Slope, a project that many say will be the largest single construction project in U.S. history. The company said today it has submitted a pipeline proposal to the state […]  More »

$357 million more for gas this Thanksgiving

Tom Kloza, the gas price guru at Oil Price Information Service, ran a little comparison on his blog about how much the U.S. is spending for gasoline this Thanksgiving versus years past: U.S. gasoline consumption/costs. Gobbling up the gas. Chron photo. Kloza’s conclusions: We’re likely to pay about $357.44-million more per day and $1.787-billion more […]  More »

The wisdom of Pickering's crowd on $100 oil?

The folks at Houston energy investment/research firm Tudor Pickering & Co. surveyed readers of their daily e-mail newsletter about their take on oil prices, and the consensus — not so surprising — is for a bullish outlook. This is hardly a scientific survey but it might be worth looking at in The Wisdom of Crowds […]  More »

New home heating standards: terrific or a turkey?

The U.S. Department of Energy announced increased energy efficiency standards for residential furnaces and boilers this week, “…. underscoring the Department’s commitment to meet its aggressive, five-year appliance standard rulemaking schedule.” The problem is the new standard is already met by most new furnaces sold, say critics of the measures, and makes just a modest […]  More »

Instant CARMA's gonna get you (or so they hope)

The Center for Global Development , a policy and research group out of D.C., has launched a nifty new online database that lets anyone look the CO2 emissions of some 50,000 power plants worldwide. The database, known as Carbon Monitoring for Action, or CARMA (nice, huh?) relies on a combination of sources, including government regulators […]  More »

Is Illinois getting a bit cocky over FutureGen?

This Associated Press story from the Topeka Capital-Journal’s web site might be seen as a bit of self-satisfaction in one of the communities bidding for the FutureGen project. Brian Moody says folks have gotten used to winning in the east-central Illinois town of Tuscola, where the Warriors are readying for the state football semifinals in […]  More »

V&E's Bilger to go to Lazard

A top energy lawyer with Vinson & Elkins is leaving the firm to head Lazard’s global energy group. Bruce Bilger, who is highly regarded in the energy field, will continue in his role as head of Houston-based V&E’s 400-plus-attorney energy practice until the end of the year. At that time he will take on the […]  More »

Study: Oil majors put more cash into stock than exploration

Turns out the Big Five are betting more of their money on themselves than on new oil exploration, according to a study released by Rice University’s Baker Institute for Public Policy. Where the Big Five are putting their cash. (from Rice report) The “Big Five” (ExxonMobil, Royal Dutch Shell, BP, Chevron and ConocoPhillips) spend less […]  More »

Protiviti: SOX shock is over

A survey by internal audit and risk advisors Protiviti finds that for the first time since the Sarbanes-Oxley Act went into effect in 2002, a growing number of internal audit departments are returning to business as usual. Having been consumed with Sarbanes-Oxley compliance projects for the past four years, 24 percent of companies report their […]  More »

What's oil's real record? CERA says it knows…

With oil threatening to top the $100 per barrel mark in recent weeks, everyone (us included) has been weighing in what the real record for oil is. Many media outlets place the all-time inflation-adjusted high between $90 and more than $101. Bloomberg News said the record was $84.73, adjusted from a March 1981 high of […]  More »

More on electric meter reading

We wrote about a new PUC rule today that went into effect recently that had two goals: improving access to electric meters and limiting use of estimates rather than actual readings. Judging from early reader response this is something that many readers are interested in. A CenterPoint meter reader can use this handheld device to […]  More »