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EDITORIAL: Changes to help save energy

IN THE POWER industry, much of the energy focuses on the big and new: technologies, fuels, even delivery. But the biggest difference — for the planet, the population and the power companies — is likely to come from efforts to use less. The whizbang electric cars from Tesla, for example, generate a mountain of headlines, and tremendous amounts of money ...

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Cheaper gas vs. dirty air: If Torrance refinery reopens, pump prices will fall and more pollution likely follows

While the rest of the country enjoys a comfortable $2.43 per gallon price for gas, Orange County residents are still paying a stubbornly high $3.45, according to the price-tracking website Gasbuddy.com. But relief could be coming to the pump — if we’re all willing to accept a trade-off in the form of dirtier air. On September 17, the South Coast ...

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Editorial: High court must craft new deal on fracking

We admit to feeling a pang of sympathy for the Erie Board of Trustees — not our most common sentiment about this oddly defensive and secretive group — as it tried to come up with a set of fracking regulations that would protect its burgeoning population without provoking the litigious Colorado Oil & Gas Association into yet another lawsuit against ...

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Oil prices surge in short-covering rally: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Front-month Brent crude futures surged more than 10 percent higher yesterday, one of the largest daily percentage movements on record, as traders raced to cover short positions. U.S. crude futures rose almost as much, with the October contract ending the day up by more than ...

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Conservationist: Apocalyptic views about climate change don’t work to change minds

DENVER — To get to the most rational discussion about environmentalism and have it work in today’s world, the conversation has to change, a leader in the environmental movement told oil and gas energy industry officials this morning on the final day of the Colorado Oil and Gas Association’s annual conference at the Colorado Convention Center. Peter Kareiva, director of ...

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Editorial: Pipeline news nothing to crow about

It is said that “The enemy of my enemy is my friend.” So it is that opponents of the Constitution Pipeline may be cheering at the recent news that the company attempting to run this pipeline through upstate New York has pulled back on a side project that would have brought natural gas service to the Sidney, Bainbridge and Afton ...

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Lessons from the oil market’s “lost decade”: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Saudi Arabia and its OPEC allies are counting on strong growth in demand coupled with slower growth in non-OPEC supply to rebalance the oil market in 2016. But the experience of the “lost decade” after prices slumped in 1986 suggests rebalancing could take longer than ...

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Opinion: An oil fight unlike any other

In California, Chevron, Tesoro and other oil giants are acting as if the end is near. The grim reaper, as they see it, comes in the person of Tom Steyer, the billionaire environmentalist, and his buddy, Senate President Pro Tem Kevin de León. The instrument of their demise is de León’s Senate Bill 350, which would require Californians to cut ...

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Oil market loses faith in Saudi oil strategy: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – Saudi Arabia’s strategy for rebalancing the oil market through a period of lower prices shows few signs of working so far – with rival producers claiming they will raise output even as prices slide to new lows. Saudi policymakers insist the kingdom will maintain its ...

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