RBN Energy asks if it is too expensive to build the Freedom Pipeline to carry crude oil from west Texas (the Permian Basin) to refineries in California.
And, to help answer that question, the federal government has removed four parcels of minerals in California (Fresno and Kern Counties; Monterey Shale) from its May 22, 2013, auction, citing lack of funds necessary to work the fracking issues that would be raised. The lack of funds is due to the federal sequester.
WSJ Links
Section D (Personal Journal):
Section C (Money & Investing):
Section B (Marketplace):
- Leaner airlines, meaner routes; restructuring has resulted in sharp reduction in traveler choice; curtailing some local economies
- Bee deaths put crops at risk: mounting toll on pollinating insects imperils over $20 billion a year in harvests
Here is a link to a very good article on Reuters regarding spacing.
ReplyDeletehttp://www.reuters.com/article/2013/05/08/column-kemp-us-oilwells-idUSL6N0DP2LW20130508?feedType=RSS&feedName=rbssEnergyNews&rpc=43
Wow, that is an incredible article. Thank you.
DeleteIt will be posted now.