Stanford Students Demand Divestment From Fossil Fuel Industry During Lengthy Sit-In

Repost from KCBS740 / 5KPIX
[Editor:  Interesting news video, but I apologize for the commercial ad.  Perhaps best to go to Fossil Free Stanford’s Latest Blog Updates or their Live Images and Tweets.  Go Stanford students!!  – RS]

Stanford Students Demand Divestment From Fossil Fuel Industry During Lengthy Sit-In

November 20, 2015 12:09 PM


STANFORD (CBS SF) — Stanford University students and supporters were holding a rally Friday culminating a five-day sit-in calling for the college’s divestment from the fossil fuel industry.

More than 100 students have been camping out at the main quad since Monday afternoon outside University President John Hennessy’s office demanding administrators divest from the top 100 oil and gas companies .

The action was organized through Fossil Free Stanford, a student organization that has been working on the effort for nearly three years, organizer Michael Peñuelas said.

The group was inviting the administrators to address any concerns at the 11 a.m. rally, when students will be prepared to accept any charges the university may file against them, according to Peñuelas.

On Thursday night, the university sent the group a notice stating that administrators are considering suspension of their request for divestment from oil and gas companies due to the action, which was a disappoint for Peñuelas.

The notice also stated that if students didn’t leave the quad with their belongings by 5 p.m. Friday the university would review them under its Fundamental Standard, which outlines conduct expected from students, Peñuelas said.

The students have also violated the college’s use of the main quad policy and trespassed in violation of state law since they are blocking an administration building, according to university officials.

The sit-in is surrounding a building housing the university’s president and provost offices, where no staff have shown up since Monday, Peñuelas said.

The students plan to leave the quad at the end of the rally to participate in a Transgender Day of Remembrance scheduled in the afternoon, Peñuelas said.

The university has a Thanksgiving recess scheduled next week.

The group held a meeting with Hennessy on the issue last week and attempted to schedule another one with him for Friday, according to organizer Michael Peñuelas.

Throughout this week, professors have held classes at the quad in support of the group’s cause and teach-ins on environmental issues, Peñuelas said.

About 30 alumni rallied with the students on Thursday calling for divestment and said they will not make contributions to the university unless they follow through with the divestment, Peñuelas said.

Seniors have also pledged to not donate to the senior gift, a fundraiser that helps contribute to The Stanford Fund to assist in university scholarships, academic programs and student organizations , according to Peñuelas.

Last year, the university divested from the coal industry after a petition brought forward by Fossil Free Stanford and recommendations from the Advisory Panel on Investment Responsibility and Licensing.

USGS Scientist to Insurance Industry: Earthquake triggering from fracking is well-established

Repost from Business Insurance

Thoughtful well placement could mitigate property risks from fracking quakes

By Gloria Gonzalez, November 20, 2015

Fracking activities are contributing to the rising number of earthquakes in Oklahoma and other states, but the risks to property can be reduced, according to a geological expert.

Hydraulic fracturing, commonly known as fracking, is an oil and gas production technique that involves injecting water under high pressure into a bedrock formation to increase the flow of oil and gas to a well from petroleum-bearing rock formations.

The injection of fluids in fracking and other activities is one of the contributing causes to increased seismicity, Bill Leith, senior science advisor for the U.S. Geological Survey based in Reston, Virginia, said at the National Association of Insurance Commissioners 2015 fall meeting in National Harbor, Maryland on Thursday.

“The phenomena of earthquake triggering is well-established,” he said. “And there have been many cases in which earthquakes have been turned on and turned off by beginning and ending injection.”

Risk management concepts that can be implemented to minimize the risk posed by fracking-induced quakes includes avoiding fluid injection in known fault areas and locating injection wells away from population centers and critical facilities, Mr. Leith said.

“The risk from earthquakes can be minimized by taking various actions and by thoughtful decisions about permitting,” he said. “Risk is the thing that we can control by our own actions, by taking steps to mitigate the hazard.”

Fracking is rarely the cause of “felt” earthquakes, but fracking activities have been found responsible for quakes up to magnitude 4.5 in Canada during shale gas recovery, Mr. Leith said. The Richter scale assigns a number to quantify the magnitude of energy released by an earthquake.

About 150 million Americans live in areas exposed to natural quake hazards — double the number of Americans who lived in quake-vulnerable areas in 1990, according to the U.S. Geological Survey.

Oklahoma has experienced a “remarkable” increase in the number of quakes in the 3.0 or greater range, he said, with recorded quakes at this level soaring from 109 in 2013 to 585 quakes in 2014.

“The increase in the seismicity implies that larger earthquakes are possible,” Mr. Leith said. “That is increasing the hazard. The construction in Oklahoma is at a higher risk, and we’ve seen a higher risk of damage to houses in the suburbs of Oklahoma City and up in the northern part of the state as a result of these small to moderate earthquakes.”

In October, Oklahoma Insurance Department Commissioner John Doak required insurers to notify their policyholders about their coverage of earthquakes arguably or actually resulting from fracking activities. Some insurers in the state have amended their policy forms to cover damages resulting from fracking, others have waived the man-made earthquake exclusion and a third group still excludes fracking-induced quakes, creating significant confusion in the marketplace, according to the bulletin.

Oil Crash Means Biggest Boomers Halt Supply Growth in 2016

Repost from Bloomberg Business

Oil Crash Means Biggest Boomers Halt Supply Growth in 2016

Grant Smith and Julian Lee, November 19, 2015 — 4:00 PM PST Updated on November 20, 2015 — 6:53 AM PST

HIGHLIGHTS
•  U.S., Iraq to both stop adding barrels amid price drop
•  Faltering growth to spur global oil market rebalancing in 2016

To understand what the oil price crash will mean for global crude supplies next year, look no further than the two nations that added more barrels to world markets in 2015 than anyone else.

The U.S. and Iraq, whose extra crude this year equates to about 80 percent of the global surplus, will fail to boost output in 2016, according to the world’s biggest forecasters. While the U.S. curtailment is mainly because prices are too low to spur fresh supply, the Middle East country’s ability to boost output is also being crimped by a need to fund its battle with Islamic State.

Slowing output in the the two fastest-growing producers signals the global glut, which has depressed oil prices to near $40 a barrel, may begin to dissipate next year, according to Barclays Plc. While that would start to fulfill Saudi Arabia’s plan to re-balance world crude markets, Iraq’s struggles show that producers in OPEC are also suffering as that strategy takes effect.

“The U.S. and Iraq have been two of the biggest contributors to the global oil surplus and when we look at 2016, production in both will be challenged,” Torbjoern Kjus, an analyst at DNB ASA in Oslo, said by e-mail. “Accelerating decline rates and reduced investment will lead to falling U.S. output, while Iraq is unlikely to see much growth from further levels.”

The two nations are now pumping the equivalent of 4.88 billion barrels a year, an increase of 1.77 billion barrels, or almost 60 percent, compared with their output rates at the start of 2012. To put that in context, oil inventories in Organization for Economic Co-operation and Development nations expanded by 314 million barrels, or 12 percent, in the corresponding period.

U.S. shale production, which has driven a six-year boom in the nation’s oil output, will decline by 600,000 barrels a day next year, according to the International Energy Agency. Total U.S. oil supply is set to surge by 830,000 barrels a day this year, powered by shale formations in Texas and North Dakota. Oil traded at $40.39 a barrel in New York at 9:49 a.m. New York time.

Iraqi production “is likely to remain broadly flat” next year as the OPEC member “is struggling with the stress of $50-a-barrel oil and a costly battle” with Islamic State militants, the IEA said in a report on Nov. 13. Baghdad is also straining to reimburse international oil companies for investments in southern fields. BP Plc cut this year’s operations budget by 60 percent to $1 billion. As oil prices halved, Iraq has had to pay twice the amount of crude to foreign firms who receive per-barrel fees in the form of cargoes.

In the north, the semi-autonomous Kurdish region is struggling to pay partners amid a budget dispute with Baghdad. DNO ASA, the Norwegian operator of the Tawke field, and Gulf Keystone, which operates Shaikan, have said their plans are on hold until they receive overdue payments for output from the government. The Kurdistan Regional Government began making regular monthly transfers to companies in September, although DNO says it’s only receiving half of what it is owed for monthly exports and nothing towards reducing accumulated arrears.

With output gains in jeopardy, “there are signs that the supply glut is easing,” said Kevin Norrish, managing director for commodities research at Barclays in London.

“U.S. shale oil growth measured over last year’s levels is now coming to an end at last and given the infrastructure constraints in Iraq, plus an end to the upward trend in Saudi output it seems the phase of steadily rising OPEC production may be pausing for now as well,” he said. “The long, slow process of re-balancing the oil market continues.”

Templeton California retired fire chief: ‘Do not understate risk of oil trains’

Repost from the San Luis Obispo Tribune

Retired Templeton fire chief: Do not understate risk of oil trains

HIGHLIGHTS
• Despite training, emergency responders may not be able to prevent hundreds of fatalities in a derailment
• Highly flammable Canadian crude more dangerous than California crude
• Project should be denied if safety requirements can’t be enforced

By Greg O’Sullivan, October 23, 2015

Columnist John Peschong in his Aug. 23 column “Local responders are up to task” describes the extensive training and dedication of our emergency responders. This (in his opinion) means “emergency medical technicians and fire crews stand ready to protect us from any disaster,” including an oil train derailment and fire.

Greg O’Sullivan
Greg O’Sullivan, Retired Templeton Fire Chief

Having retired from the fire service after 38 years in the profession, as well as being a qualified hazmat technician and hazmat incident commander, I feel I can speak with greater authority about the ability of local responders to respond to an oil train derailment involving a fire and/or spill.

Mr. Peschong is correct when he states that many hours and dollars have been spent to train our emergency responders and they are capable of mitigating most emergencies. What he doesn’t explain is that an oil train derailment involving multicar fires in a highly populated area could result in hundreds of deaths, despite herculean efforts of first responders. For the incident commander of a hazmat incident, the team’s first responsibility is the safety of the public and our responders. In the case of a multiple car derailment involving fire, evacuation would be the highest priority.

If a life hazard exists, efforts focus on fire suppression to protect rescue operations. The area is isolated, and mutual aid as well as other authorities are notified to assist in the emergency. If evacuation has been successful and no further life hazard exists, then, and only then, could tactical decisions be made concerning whether or not fire suppression should be attempted, or whether the fire should be allowed to burn. It should be noted the closest Type 1 or 2 hazmat team is in Santa Barbara County.

Phillips 66 recently delivered beautifully designed surveys to some area residents expounding the virtues of its oil train project. But nowhere does it explain that approval of the project means five oil trains per week coming through San Luis Obispo County, each train pulling 80 tank cars filled with highly flammable Canadian crude oil. (That would be 500 million gallons per year.)

Al Fonzi in his Oct. 9 Viewpoint “Fear campaign against Phillips” declares that the tar sands crude oil (dilbit) Phillips 66 wants to transport from Canada is no more dangerous than the California crude from San Ardo that has been transported through the county by train for several decades. Mr. Fonzi bases this claim on the fact that the Canadian crude and San Ardo crude have similar vapor pressures.

Vapor pressure is only one measure of the hazard of a liquid. Fire professionals are far more familiar with flash point as the main determinant of flammability of a liquid. The flash point of California crude, like that found in San Ardo, ranges 199 to 232 degrees Fahrenheit (MSDS Product 94-0007-02). In contrast, the flashpoint of Canadian crude is reported to be minus 30 degrees (MSDS Heavy Crude/Diluent mix), comparable to gasoline at minus 42 degrees, both of which are considered highly flammable.

An oil train derailment involving multicar fires in a highly populated area could result in hundreds of deaths, despite herculean efforts of first responders.

Suppose a derailment involves only a spill. What would a single car rupture spilling 30,000 gallons of oil in the Salinas River do to the water supply of Atascadero, Templeton and Paso Robles? The train tracks parallel the Salinas. Mr. Fonzi says opponents of the oil trains are running a “cynical campaign to terrorize the public.”

It is unfair and inaccurate to label the many organizations and individuals who oppose the Phillips 66 oil train project as uninformed, fearful citizens. Opponents of the oil train project include such well-respected bodies as the League of Women Voters, National Education Association and 40 public bodies including city councils, school boards, fire chiefs’ organizations and elected officials, as well as the editorial board of The Tribune.

The final Environmental Impact Report is nearing completion, which will bring the project before the Planning Commission. Because of the serious local and regional safety issues of the project, I agree with and support the League of Women Voters that the Planning Commission and Board of Supervisors must “insist upon full and enforceable mitigations” for all risks, and that if these safety requirements cannot be enforced by the county, the project should be denied.

As a retired fire service professional, I believe protecting the safety of communities along the rail corridor outweighs any perceived benefit of the project. Don’t be misled by PR firms (similar to the one John Peschong represents) who are paid to spin the topic for Phillips 66. Please take the time to get the facts for yourself.

Greg O’Sullivan spent 38 years in the fire service, including 12 years as Templeton fire chief. After retiring, he served four years on the Board of Directors of the Templeton Community Services District.