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Opinion: Behold the use of solar power

A plane that uses only solar power landed on the island of Oahu, Hawaii last Friday after being flown across the Pacific Ocean. The flight was the most dangerous part of the plane’s planned 35,000-kilometer trip around the world. The trip is being made without using any conventional fuel. The name of the plane is Solar Impulse 2. Pilot Andre ...

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Data availability bias in the oil market: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) Why is there such good data about oil in the United States but such poor data about everywhere else? Accurate information is essential for good decision-making, so it is remarkable how little reliable and timely data exists about the production and consumption of crude oil and refined ...

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Editorial: Transparency questions surround BP deal

We’re pleased this phase of the BP oil disaster is behind us. Mississippi Gov. Phil Bryant and Attorney General Jim Hood were on the Coast on Thursday to announce they were bringing to the state about $1.5 billion of the latest $18.7 billion settlement with the energy giant. We think Mississippi should have received more than 8 percent of the ...

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Tanker arrivals create volatility in U.S. oil stocks: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – U.S. crude stocks unexpectedly rose by almost 2.4 million barrels last week, breaking a run of eight consecutive weekly declines and sending oil prices sharply lower. But did the market overreact when the stock numbers were released on Wednesday – misinterpreting normal week-to-week variability in ...

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Editorial: COGA should take long view

The Colorado Oil & Gas Association may be right on the legalities as it tries to force Broomfield to surrender or spend taxpayer money to defend a five-year fracking moratorium approved by voters in 2013, but it’s wrong on the public relations. For one thing, COGA doesn’t need another fracking case winding its way slowly through the state legal system. ...

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U.S. Supreme Court fires warning shot across EPA’s bow: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – In a rare defeat for the U.S. Environmental Protection Agency, the U.S. Supreme Court ordered it on Monday to reconsider whether the EPA’s regulations on mercury and other toxic emissions from power plants are appropriate and necessary. While the EPA considered the costs and benefits ...

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Editorial: Don’t let route debate delay Sandpiper oil pipeline

The vitally important Sandpiper oil pipeline proposal is making some progress toward becoming reality. However, there remains a huge question to resolve: the route the 612-mile pipeline would take from North Dakota to a terminal in Superior, Wisconsin. First, an update on the progress of the Sandpiper proposal. Recently, the Minnesota Public Utilities Commission approved a certificate of need for ...

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Power grids in U.S., Canada are becoming more reliable: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – North America’s power grids set new records for reliability in 2014 despite being tested by extreme cold during the polar vortex and rising concerns about physical and cyber attacks on the network. Over the last year, newspapers have been full of stories about the threat ...

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Curing ailing mineral title problems: The quiet title option

Whether in the Bakken, Marcellus Shale or Harding County, issues relating to problems with mineral title ownership occur regularly in the oil patch. If a lawsuit is the equivalent of using a hatchet, then a quiet title action, a special type of lawsuit, may be considered microsurgery. A quiet title action can and often should be used to clear up ...

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Editorial: Oil spill inquiries show the need for real oversight

Though federal investigators have yet to pinpoint the precise cause of last month’s Santa Barbara oil spill, the basic story is becoming less and less mysterious. The federal Pipeline and Hazardous Materials Safety Administration revealed last week that the 28-year-old pipeline, buried just inland from a coastal paradise of beaches, had been severely eaten away by rot and corrosion. Unaddressed ...

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