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Editorial: It’s time to finally end fracking war

fracking site

For all we know, there are die-hards out there who are still keeping their Confederate money just in case the South rises again. Nearly as absurd was what occurred last week at a meeting of the Otsego County Board of Representatives in which Rep. Kathy Clark, R-Otego, retained her chairmanship. Clark was challenged by Rep. James Powers, R-Butternuts, who hoped ...

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U.S. oil production will be falling by end of 2015: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON, Jan 7 – Unless prices recover, U.S. oil production will start falling before the end of 2015 as new drilling is insufficient to replace declining output from wells completed in 2013 and 2014. Future production depends on the rate of decline from existing wells (known as ...

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Bakken oil prices not far from 2008-09 lows: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON, Jan 7 – Prices received by oil producers in North Dakota’s Williston Basin have averaged less than $34 per barrel so far this month, according to the list of posted prices issued by Plains Marketing. Prices have fallen by almost two-thirds since June 2014, when Plains ...

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China’s Xi proves keen student of U.S. power: Kemp

LONDON, Jan 6 – Xi Jinping is China’s first U.S.-style president. Many commentators have noted Xi is the most powerful leader since Deng Xiaoping and even Mao Zedong. But a better comparison might be with the style and powers of the American president. He wields enormous personal power, in contrast to the more collective leadership style of Hu Jintao and ...

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Catching a falling knife in the oil market: Kemp

LONDON, Jan 5 – “Don’t try to catch a falling knife” is sage advice for investors trying to identify the trough in a market like oil following a sharp selloff. Yet big moves also create the greatest potential for the mispricing of financial assets and commodities, which is what makes them attractive to contrarians and specialists. Fear about catching a ...

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Editorial: Maine and Vermont’s Yankee connection: Nuclear shutdown, natural gas, dry casks

electric

After a 42-year run, the Vermont Yankee nuclear reactor stopped sending electricity into the region’s grid on Monday. The reactor’s shutdown has implications for Maine’s electric ratepayers since it accelerates New England’s growing dependence on a single source — natural gas — for electricity, a phenomenon that has meant higher electricity prices this winter. And as attention shifts to the ...

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Opinion: If deer complain, who’s listening?

Used to be, the morning deer hunt involved climbing into a blind as quietly as we could, cringing in the pitch dark at each creak and squeak we made, hoping we weren’t scaring off the critters. We’d use our flashlights sparingly to evade the attention of the aforesaid critters. My, how times have changed. These days when I creep into ...

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