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2004 Energy
News History Archives
ARCHIVES NEWS
Energy News History Archives
Energy
Archives
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- "Halliburton
unit's Iran role probed." ... "The investigation
centers on Halliburton Products and Services Ltd., a subsidiary registered
in the Cayman Islands and headquartered in Dubai that provides oil field
services in Iran. The unit's operations in Iran included [US Vice President]
Cheney's stint as CEO from 1995 to 2000, when he frequently urged the lifting
of such sanctions." ... "Current law forbids US companies from doing business
with countries considered by the US government to be sponsors of terror.
The list includes Iran, North Korea, Cuba and Sudan. However, numerous
US companies operate indirectly in Iran under strict guidelines requiring
that their subsidiaries have a foreign registry and no US employees, and
act independently of the parent company. At issue is whether Halliburton's
subsidiary met those criteria." --LAtimes
via -Boston/Globe
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- "US
group admits to criminal probe over Iran." ... "Halliburton,
the oilfield services company formerly headed by US Vice-President Dick
Cheney, has disclosed that a Treasury Department probe into its business
dealings with Iran had been elevated to a criminal investigation. The company
acknowledged that it had been subpoenaed by a grand jury in the southern
district of Texas to present documents related to a Cayman Islands subsidiary
that serves the Iranian National Oil Company." -By
Joshua Chaffin -FT.com
20040428
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- 2004
ELECTION - "Unleashing
the Cheney factor: Joint 9/11 appearance with Bush
highlights debate about V.P.'s role." ... "When President Bush and Vice
President Cheney sit down together on Thursday for their long-anticipated
meeting with the 9/11 commission, it will cap a week that has, like no
other in Mr. Bush's presidency, been dominated by the White House's No.
2 man." ... "It was Mr. Cheney who used such red-meat language against
Democratic presidential contender John Kerry in a speech Monday that the
president
of the host college publicly objected to "the content and tone" of the
vice president's remarks and offered Senator Kerry a similar speaking engagement."
... "It is Cheney who is at the center of a long-anticipated Supreme Court
case, argued Tuesday, over his energy task force - and the breadth of the
zone of privacy in which the executive branch of government may operate.
Cheney has long advocated restoration of the White House's powers to pre-Watergate
levels." -By Linda Feldmann
-CSMonitor
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- ELECTION
2004 - "Saudi
envoy: Oil policy standard, not a deal: Calls U.S.
politics: 'Your seasonal tribal warfare'." ... "Saudi Arabia's ambassador
to the United States stood firm that his country made no secret deals with
the White House to try to drive down gas prices to help re-elect President
Bush and sought to reassure Democratic contender Sen. John Kerry." ...
""I really don't see what is the big deal," Prince Bandar bin Sultan told
reporters Wednesday after a White House meeting with national security
adviser Condoleezza Rice." ... ""Unless somebody would like to see the
oil prices stay high, then nobody should complain."" -By
John King -CNN
- "UN
backs oil for food inquiry." ... "The former chairman
of the US Federal Reserve Board yesterday began an independent investigation
into allegations of corruption and kickbacks worth $10bn (?5.6bn) in the
UN's oil-for-food programme in Iraq." ... "The United Nation's security
council unanimously approved Paul Volcker's inquiry into the scheme that
US legislators say allowed billions of dollars in illegal oil revenue to
flow to Saddam Hussein." -By Gary Younge
-Guardian.co.uk
20040420
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- ELECTION
2004 - "Kerry
hits alleged Bush-Saudi deal: Seizes on account in
journalist's book." ... "The latest inside account of the Bush administration
has provided fresh fodder for John F. Kerry's campaign, with the presumptive
Democratic nominee yesterday condemning the president for reportedly allowing
the Saudis to maintain high gasoline prices until just before the fall
election, when they would be cut to boost the US economy." ... "Kerry said
the deal, reported in "Plan of Attack," the new book by Washington Post
editor Bob Woodward, and mentioned in his appearance Sunday on the CBS
program "60 Minutes," was "fundamentally wrong" and "outrageous and unacceptable
to the American people." A day earlier, the Massachusetts senator condemned
Bush for withholding details about Iraqi war planning from Secretary of
State Colin L. Powell, again relying on Woodward's account of the administration's
war planning." -By Glen Johnson -Boston/Globe
20040309
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- "Prices
at the pump vault toward all-time high: Early hikes
in gas prices across the US could affect everything from flower delivery
to vacation plans." ... "Later this month, gas prices will almost certainly
eclipse the record for the highest average price-per-gallon in US history.
Then, if analysts are right, they will go even higher." ... "Ominously,
some experts suggest that the energy outlook hasn't looked so bleak since
the last days of Mr. Carter. Not that the country would be as severely
affected as it was in the 1970s. For one, today's prices are still well
below 1970s levels, when adjusted for inflation. In addition, many US power
plants have since shifted to natural gas and coal, and manufacturing is
now a smaller share of the economy. As a result, America is less dependent
on oil for its well-being." -By Mark Sappenfield
-CSMonitor
20040123
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- "US
business urging Bush to drop Libya sanctions soon."
... "U.S. oil companies and other corporations eager to do business in
Libya have urged the Bush administration to remove sanctions on that country
by an April 23 deadline set by Tripoli and families of the 1988 Lockerbie
bombing victims, senior industry officials said Friday." ... "Tripoli appears
eager to restore normal diplomatic and trade relations with the United
States, which banned Libyan oil imports in 1982 and imposed additional
economic sanctions in 1986 against the country it accused of sponsoring
terrorism." -By Doug Palmer
-Reuters via -Forbes
20040118
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- "U.S.
Eyes Space as Possible Battleground." ... "President
Bush's plan to expand the exploration of space parallels U.S. efforts to
control the heavens for military, economic and strategic gain." ... "Defense
Secretary Donald Rumsfeld long has pushed for technology that could be
used to attack or defend orbiting satellites as well as a costly program,
heavily reliant on space-based sensors, to thwart incoming warheads." ...
"The moon, scientists have said, is a source of potentially unlimited energy
in the form of the helium 3 isotope -- a near perfect fuel source: potent,
nonpolluting and causing virtually no radioactive byproduct in a fusion
reactor." (1, 2)
-By
Jim Wolf -Reuters
- "Cheney,
Scalia socialized while Supreme Court considered case."
... "Government watchdogs are raising concerns about a potential conflict
of interest for Justice Antonin Scalia because he had dinner and went on
a hunting trip with Dick Cheney while the Supreme Court was involved in
a case about the vice president's energy task force." ... "Scalia and Cheney,
longtime friends, had dinner at a restaurant on Maryland's Eastern Shore
in November, two months after the Bush administration asked the justices
to overrule a lower court's decision requiring White House to identify
task force members." -AP
via -USATODAY
20040101
"Alaska
oil transfers resume after temporary security shutdown."
... "The transfer of oil onto tankers at Alaska's port of Valdez resumed
Thursday after a temporary shutdown which the U.S. Coast Guard attributed
to the nation's elevated threat level, a spokesman told CNN." ... "Valdez
is located on Prince William Sound, about 200 miles east of Anchorage on
Alaska's northern slope." ... "The slope produces about 20 percent of the
United States' crude oil, but accounts for only about 11 percent of the
country's oil consumption." -Contributed to by Chuck
Afflerbach -CNN