The recent boom in natural gas production has significantly lowered U.S. energy prices. Could moves from energy giants create a new spike in the prices of this commodity?
Exxon Mobil, Sempra Energy, and other companies have proposed more than 20 projects to export Liquid Natural Gas, or LNG, which is easier to transport and store. These export projects could be used to produce as much as 29 million cubic feet of natural gas a day.
“Exporting natural gas will have serious implications for public health, the environment and climate change,” said Michael Brune, Executive Director of the Sierra Club. “Building these terminals means lots of new fracking, and more fracking means more risks for Americans.”
On a more positive note, these efforts will create thousands of new jobs and help spark up the economic growth again in addition to helping lower our trade deficit.
Are the risks worth the reward?
Senator Ron Wyden, D-Ore., Chairman of the Senate Energy and Natural Resources Committee, said officials should seek a “sweet spot” for LNG exports — allowing enough to spur drilling and increase gas supplies, but not enough to create export-driven price hikes. With the proper policies in place, energy companies can “make enough money to continue producing, U.S. manufacturers have an affordable, stable supply of natural gas, and the environment is not only protected, but actually benefits from greater use of natural gas and lower CO2 emissions,” Wyden said.
EcoCAR 2 is a three-year competition offering college students an opportunity to gain real-world automotive engineering experience. Teams work to improve the environmental impact and energy efficiency of the 2013 Chevrolet Malibu, an already highly-efficient vehicle.
During the first year of the competition, the 15 participating universities created and tested eco-vehicle designs using various simulation technologies. Year two was spent developing cutting-edge automotive engineering processes to remodel their vehicle. During the third and final year of the competition, the teams will finalize their designs.
In May, the universities met in Arizona for six days of rigorous 2013 Chevrolet Malibu testing at the General Motors (GM) Desert Proving Grounds. Part of the judging process involved evaluating the cars on their reduced fuel consumption and greenhouse gas emissions. They were also tested performance, utility and safety.
Penn State took home the win after impressing judges with their ethanol (E85) plug-in hybrid electric vehicle. They were the first team to pass safety and technical inspections and the on-road safety evaluation. Cal State Los Angles came in second with their ethanol-fueled vehicle and Ohio State University took third place for its series-parallel hybrid electric vehicle.
“Engineering advanced technologies that help reduce dependency on petroleum, improve fuel economy and reduce emissions is the key to developing sustainable transportation,” said John Haraf, GM’s director of hybrid vehicle integration and controls and one of GM’s EcoCAR leads.
The competition is managed by Argonne National Laboratory and sponsored by the U.S. Department of Energy, GM and 30 other government and industry leaders.
Liberty Power assists in raising more than $70,000 for the 17th Annual Sporting Clays Charity Event
Ft. Lauderdale – April 26, 2013
Liberty Power, the nation’s largest independent retail electric supplier, today announced their sponsorship in the 2013 Children’s Miracle Network 17th Annual Sporting Clays Charity Event which took place on April 6 in Hummelstown, Pennsylvania.
The annual event, which raises funds for pediatric services, life-saving equipment, research initiatives, and educational resources, is organized by the Penn State College of Medicine, a Liberty Power customer through energy consultant, World Energy.
Ft. Lauderdale – March 19, 2013
Liberty Power,the nation’s largest independent retail electric supplier, today announced that it has been awarded the Northwest Minority Supplier Development Council (MSDC), Inc. ® 2013 Minority Business Enterprise (MBE) of the Year award. The award was presented to Liberty Power on March 8 at the Northwest MSDC 2013 Annual Awards Dinner and Silent Auction in Seattle, Washington.
When our Houston Team heard Including Kids was raising money for a new van they sprung into action donating more than $2,000 to the cause. Not wanting to miss out on the fun, Liberty Power contributed a gift in the amount of $750.
Liberty Power is proud to support Including Kids, as we have seen the progress of their kids first-hand. The one-on-one instruction and research-based intervention really has a magical impact – evidenced not only by real progress but also lots of smiles!
Jennifer, Shannon & team… keep up the great work and thanks again for the tour! To learn more about Including Kids, please visit: www.includingkids.org
Liberty Power donates $25,000 to the American Red Cross recovery efforts
Ft. Lauderdale – December 14, 2012
Liberty Power, the nation’s largest independent retail electric supplier, today announced it has donated $25,000 to the American Red Cross in support of the victims of Hurricane Sandy. The company launched a campaign during the month of November to help provide assistance and support to those devastated by the late October superstorm. The campaign, which provided customers with the added incentive of knowing they would be a part of Liberty Power’s efforts to help the American Red Cross deliver assistance to those who need it most, was a huge success.
Liberty Power jumps five spots in rankings and is now recognized as the 13th largest non-residential electric supplier
Ft. Lauderdale – November 13, 2012
Liberty Power, the nation’s largest independent retail electric supplier, today announced its ranking as the 13th largest, non-residential retailer and a top 40 residential retailer based on information provided by the world-renowned industry consultant, DNV KEMA Energy & Sustainability.
Ft. Lauderdale – May 24, 2012
Liberty Power, one of the nation’s fastest-growing independent energy retailers, today announced the company’s rank as the nation’s largest, completely independent retail electric provider based on information provided by world-renowned industry consultant, DNV KEMA Energy & Sustainability.
Liberty Power continues to rapidly expand its residential market presence to meet customer demand
Ft. Lauderdale – May 8, 2012
Liberty Power, one of the nation’s fastest-growing and largest independent energy retailers, today announced it has launched residential programs in Connecticut and Maryland. In doing so, Liberty Power is expanding the availability of its offers to an additional 3 million residents.