Inhofe Introduces Bipartisan Bill to Incentivize Production of Natural Gas Vehicles
Friday, February 28, 2014
WASHINGTON, D.C. — U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Environment and Public Works (EPW) Committee, today introduced with Sen. Carl Levin (D-Mich.) the Alternative Fuel Vehicle Development Act, a bill that would incentivize the production and purchase of alternative fuel and natural gas vehicles (NGVs).
“The booming natural gas industry in America is delivering a cheap, domestic energy source for our homes and businesses, but this fuel source is being underutilized in our vehicles," said Inhofe. "Unless current policy begins to fully recognize the potential of natural gas as a clean, mainstream fuel for our everyday cars, its use in light-weight vehicles is expected to remain below 1 percent. Oklahomans have led the nation in the use of NGVs, and I have introduced the Alternative Fuel Vehicle Development Act to help the rest of the nation tap into the benefits of using natural gas in vehicles. The legislation will incentivize automakers to bring NGVs to the market more quickly by streamlining regulations and removing red tape that automakers currently must comply with. My bill will also support consumer adoption by empowering states to give HOV-lane privileges to NGVs and other alternative fuel vehicles. I am proud to introduce this legislation with my colleague Sen. Carl Levin of Michigan, and together we'll be working to bring this bill up for a vote in Congress."
Current law allows automakers to earn credits for compliance with the CAFE program by producing alternative fuel dual-fueled vehicles, but these credits are subject to a cap. Today, automakers earn the majority of their allowed credits by producing E85 Flex-Fuel vehicles, leaving none left for more advanced alternative dual-fuel vehicles. The Alternative Fuel Vehicle Development Act modifies the program by removing the credit cap for natural gas and other alternative fuel dual-fueled vehicles, excluding E85 Flex Fuel Vehicles. The legislation would also encourage the consumer purchase of natural gas and other alternative fuel vehicles by giving states the option to allow these vehicles to use high-occupancy vehicle lanes without passenger restrictions
here is the Duluth paper article. don
The Duluth Area Chamber of Commerce has announced its board of directors has voted unanimously in support of the proposed PolyMet copper mine project.
Chamber president David Ross said the vote was to “support advocacy for the PolyMet project.”
“And to go beyond that and state that we are here to encourage decision makers to allow this project to proceed,” Ross said in a video statement.
The Chamber has about 1,100 member businesses in the Duluth area.
The Chamber’s support comes as the PolyMet project moves through the public-comment period of its environmental review. That process is slated to conclude March 13. After that, state and federal regulatory agencies will have to decide whether the review is adequate or not and then whether to issue permits for the project to move ahead.
Supporters say the mine and processing center north of Hoyt Lakes, which would be Minnesota’s first copper-mining operation, would help solidify the region’s economy with 300 full-time jobs for 20 years, as well as spur construction jobs and spinoff economic benefits.
Critics say the project has too many unanswered questions, such as how runoff and wastewater will be effectively collected and treated so as not to pollute rivers in the region, and who will pay for that treatment, potentially for decades after the mine is played-out.
If you go back to Dec 31st 2012 the MDU stock price closed the year at $ 21.24, this also was the LAST day approx. of Hildebrand the OLD CEO.. In the first weeks of 2013 I expressed my concern that Goodin ( who has worked in MDU , like forever ) would be a identical cookie to his processor..
that the current CEO may have had only work/life experience and Nothing in MDU would change.
If you go listen to the Earning, anylsts conference call previous to Jan 2013, the CEO was kinda like YA da , YA- da yada..or as I say , he did not know if he was afoot or Horse back..Sure we have had a H of a recession, But the Gov says that ended in July of 2009..
So then listen to Goodin and the same MDU execs in a first or Current CC.. Are they Perfect ,, Heck NO.. are they sounding /acting like they know what the heck they are doing..YES the do.. And I would say that so FAR everything they had said they were going to do by a certain date, it was done..
Back in May of 2012 I posted What I though was the Break up value of MDU and it was $ 33.00 and change..
So in the last 14 months, MDU has added 8-9 % in the customer Number in NG and elec sales, they value of Knife river has gone up ( they have opened up/bought facilities in 3 western ND towns)
The 1+ Billion yards of Aggreate in the ground is better then Money in a bank, go try and get a permit in MN for a gravel mine..
They formed a venture with Calumet on a Diesel Refinery ( and You know how hard a refinery permit is to get ) and at this time they are on schedule, but a Little over on the budget side.( one negative )
The WBI division has announced a NG pipeline, ( and if WBI does not build this , Oneok, or Williams, or Enbridge or someone will ) cause there is so much NG in ND..
The construction services has a huge back log, I forget the numbers right now, but they are big and growing. don.
Article in Fuel fix.
HOUSTON — Natural gas has become the fuel of choice for several large companies with vehicle fleets. Now, smaller firms are beginning to catch on to the trend, too.
With a little nudging, companies that don’t have their own refueling stations are finding ways to start moving their goods and workers on natural gas.
“The fact that it’s $2 a gallon cheaper makes it a no-brainer,” said Mike Little, director of transportation for Bryan-based Mid South Baking, which delivers buns and other products to quick-serve restaurants across the South.
On an energy equivalent bases, diesel costs around $3.65 per gallon in Houston compared to around $2.19 a gallon for natural gas, according to data from AAA and Houston-area natural gas stations. Natural gas has been more than $2 cheaper than diesel at times over the last two years.
Cheaper fuel: Gas for $1.52 in the heart of Houston
Fuel savings that large have meant a lot for The Woodlands-based NewTexPlumbing, said William Collora, who owns the company.
“We can beat the competition with the savings we get on our trucks,” Collora said. “We’ll be more competitive than they will be and that’s the goal.”
National giants including AT&T, UPS, Waste Management and Frito-Lay have committed hundreds of millions of dollars to buying natural gas vehicles. AT&T alone spent $350 million by the end of last year for a fleet of more than 8,200 natural gas vehicles, according to the company.
But while big business has been able to invest in building refueling stations and buying vehicles that can benefit from the deep price discounts for natural gas, the option hasn’t been as accessible for smaller companies and consumers
Now, as more natural gas refueling stations are beginning to sprout up in Texas and around the country, the fuel is catching more interest from companies of all sizes.
The number of publicly accessible compressed natural gas refueling stations has jumped by about a third nationwide since 2012, to 664 stations, according to data from the U.S. Department of Energy. Most fleets run on compressed natural gas. Some long-haul trucks use liquefied natural gas, which is more expensive but also more dense, enabling trucks to carry more of the fuel.
As early adopters begin enjoying the benefits of natural gas, other companies may follow suit, said Mark Gamber, a Houston account manager for Clean Energy Fuels Corp., which owns refueling stations nationwide.
“It’s the whole snowball effect,” Gamber said. “As a fleet starts to do it, their competitors see that they’re doing it and they look at why they are doing it.”
Economic considerations are the main motivation for making the switch.
Apple Towing, based in Houston, has six natural-gas powered vehicles in its fleet of 35 trucks, said general manager Don Royal.
Leading the way: Houston’s growing alternative-fuel fleet among nation’s largest
The company spent about $1 million on diesel fuel costs annually, but is looking forward to lowering that tally with natural gas, Royal said.
“It’s just gone up and up and one of our biggest expenses is the doggone fuel,” he said. “So we’re just trying to cut expenses and that’s one of the ways to do it.”
More demand for the fuel for transportation purposes could help boost profits for natural gas companies — including Houston-area producers Anadarko Petroleum Corp. and Apache Corp., which have been at the forefront of efforts to promote the fuel for vehicles.
Houston-based Lodge Lumber, which has a fleet of eight trucks, began using its first compressed natural gas-powered vehicle last year. The truck is decorated with a specially printed wrap that touts the company’s use
this list is copied from the Wyo oil and gas and is a list of Converse county 2013 oil/ng production. that most closely fits the criteria of the company announced in the purchase today. don
BLUE TIP ENERGY WYOMING INC 17,130 0 11,622
WESTERN AMERICAN RESOURCES LLC 13,326 23,064 3,362
MONCRIEF W A JR 12,710 24,816 0
PENNECO EXPLORATION COMPANY OF WYO LLC 12,172 0 9,089
VORTEX PETROLEUM INC 10,083 0 233,250
CHACO ENERGY COMPANY 9,324 9,898 2,320
............................................BO....NG in mcft.. water produced
the AP is reporting. don
BISMARCK, N.D. | The North Dakota Public Service Commission has slated a public hearing for a proposed electric transmission line in the southeastern part of the state.
The commission says the meeting is slated for April 1 in Ellendale.
The transmission line would be owned jointly by Otter Tail Power and Montana-Dakota Utilities Co.
The more than 150-mile line would run from the Big Stone South Substation near Big Stone City, S.D., to a proposed substation near Ellendale.
Only about nine miles of line would be located in North Dakota.
That’s the same reason Calumet is eying moving oil by Great Lakes tanker to eastern refineries, to get those refineries cheaper western oil, at least until new pipelines are built.
At Calumet’s oil by rail operation, the crude comes into Superior in Enbridge Energy pipelines and can move out on either BN or CN rail lines. Indiana-based Calumet isn’t refining the oil, just transferring it from one kind of transport to another, and making a little money in the process.
Unlike the 100-car, all-oil unit trains that leave North Dakota oil terminals every day, oil cars usually make up part of the full trains leaving Superior.
Schade said Calumet takes extensive precautions to make sure the leased cars are loaded safely, with crews going through a two-page safety checklist with each loading.
While safety officials have criticized the age of the U.S. tanker car fleet as one safety hazard, Calumet is using newer rail cars with added safety features, including double walls. Most of the cars were built in 2012; all of the cars are 2010 or newer, Schade said. The company’s loading process has been reviewed by the Federal Railroad Administration.
“We spent two months just identifying and working with gasket manufacturers to determine the proper gaskets for the railcars,” Schade said.
Schade also added that not all black rail cars leaving Calumet are filled with oil; about 60 cars per week are leaving Superior with Calumet’s asphalt products bound for road construction projects as far away as Arizona.
Calumet also has its own fire department, made up of refinery personnel, which can rapidly respond with foam and chemical retardants to battle any mishap.
Superior Fire Chief Steve Panger said his department meets regularly with Calumet officials to keep abreast of what’s going on. Two of Superior’s fire trucks are equipped to use B-foam to battle oil fires and the refinery has large tankers of foam ready to respond.
Plans are in the works at the Billings Regional Landfill to collect enough natural gas from decomposing trash to heat 2,100 homes and power trucks hauling garbage.
The landfill currently produces enough natural gas annually to heat 1,400 homes.
Sixty-four vertical wells and two horizontal collectors gather methane, nitrogen, carbon dioxide and other gases produced by bacteria in the tightly compacted pile.
The anaerobic bacteria emit the gas as the microbes chew through organic matter, such as grass clippings, food scraps wood and paper.
The gas is refined and cleaned at a facility on the back side of the landfill.
By spring, Montana Dakota Utilities hopes to add two new collectors into newer, active areas of the landfill, which could increase production by 50 percent.
“We’re waiting for a response from Montana DEQ to install more horizontal collectors,” said David Hood, MDU gas superintendent. “As soon as we get approval, and we think we will, it will be a good year for MDU.”
The horizontal collectors are composed of a 500-foot-long permeable steel main pipeline, with a series of 350 foot tentacles attached along the length of the main pipe. The arrangement forms a collection grid in the trash.
“They’re going to vary a little bit, but they’re about 1,500 feet of collection in each area,” Hood s Two other horizontal collectors were installed in the active cells in 2012.
The culverts have to be buried under 14 feet of trash before viable gas can be extracted, which takes about 10 months to a year.
The most gas is created in the first 10 years after trash is deposited, so adding horizontal collectors as garbage hits the pile maximizes the amount harvested.
About half of the gas coming off the mixture is methane. More than 80 percent can be isolated from other gases. The rest is flared or used to power a large on-site generator intended to offset electricity costs associated with plant operation.
from the DNR in their presentations , they have NEVER said anything about any partner in the belle creek project.. So I believe DNR owns 100 % of the belle creek project
About 80 miles south at the Grieve oil field they have a JV for EOR with a Aus. micro cap Elk petroleum ticker is ( EKPTF ) .
with a PV-10 of 10.6 billion$$$ and a share reduction to approx. 351,000,000 this give you a PV-10 value of $ 30.20 per share. don
article in todays Bismarck tribune. don
BISMARCK, N.D. — North Dakota's Board of Animal Health is taking steps to control the spread of a new pig virus.
The virus known as PED was confirmed in a swine herd in eastern North Dakota Friday. The virus doesn't affect people or food, but it's killed more than 4 million pigs in the U.S.
The board is now requiring any pigs shipped into the state or within the state to have a health certificate stating there have been no clinical signs of PED or a similar virus known as TGE for the last two months on the premises where the pigs originated. State Veterinarian Susan Keller says the certificate must be signed by the pig owner and a veterinarian.
North Dakota Pork Council President Kevin Tyndall says the group supports the move.
ON the pipeline they are in a 120 day open season/evaluation period of time now. then if built could start in 2016. On Feb 4th in the Seeking alpha Q+A on earnings this question was answered. ( I interpreted this to mean they would sell several hundred thousand or a Million shares as needed and in a fashion to protect the share price) 200 Million $$ is approx. 6 million shares of equity. here is a copy of the Q+A. don
( Timm Schneider - ISI Group
Last question I had and I will get back in queue, I just want to make sure the – what’s the timing of the $200 million of equity?
Doran Schwartz - Vice President and Chief Financial Officer
Timm, this is Doran. Timing probably plan to issue that off of our ATM program that we established here a little over a year ago and so issuances would occur throughout the course of the year. )
I told bruce about a week ago that all gov muni bonds would require Insurance to sell in the future if Detroit was allowed to go the way it wanted to.. I also indicated that I thought one of Buffets companies sold this type of insurance..
I really wonder if first by throwing General Motors Bond holders under the bus, and then now the GO bond holder of Detroit, that the USA is getting the law precedence set up to throw the US Bonds under the bus., Meaning the 6 month, 1 yr,3,5,7,10 and 30 yr bond... don
I believe is 10.65 %.. can anyone verify this??? if not correct what is the correct rate of return on mdu regulated assets?? don
( this is excerpt from previous article that talked about buffet and his hunt for power )
Alliant, which had a 10.4 percent return on equity, distributes electricity and natural gas to 1.4 million homes and businesses in Iowa, Minnesota and Wisconsin.
So they have some SWD wells that can take extra capacity, they just charge other producers to dispose of their salt water. there are several companies doing this in the Bakken for a fee. don