TexasOilCareers.com Anounces Huge Blow For The Coal Industry
An Oakland city council hearing to determine whether rail shipments of coal would pose a public health hazard started Monday night with an audience packed with supporters and opponents of a plan to ship Utah coal to Asia through a proposed marine terminal.
(firmenpresse) - The city of Oakland, on Monday banned the transport and storage of large coal shipments, a blow to a developer€™s plans to use a former Army base as an export terminal to ship coal to China and other overseas markets. The terminal would have been the largest coal shipment facility on the West Coast, with a planned capacity to increase coal exports in the United States by 19 percent, according to TexasOilCareers.com, the leading energy job finder site in Texas.
Weeks of feisty debate over the ban, which the Oakland City Council unanimously passed late Monday night and which will become law after a second reading next month, covered familiar ground: the trade-offs between jobs and environmental concerns.
But the debate also raised the larger and more unusual question of how much a city should weigh the global environmental impacts of the commodities that flow through its ports. A report prepared by the city argued for a coal ban partly because the coal, once it was burned overseas, would contribute to climate change and rising sea levels.
Coal proponents railed at the council for what they saw as a pre-ordained vote. They argued that any environmental impact would be mitigated by transporting coal in covered rail cars that are unloaded underground. Jerry Bridges, chief executive of the potential marine terminal operator, said jobs are the biggest issue and any environmental impact will be mitigated by transporting coal in covered rail cars that are unloaded underground.
On the other hand, Texas oil industry is expecting a rebound concerning oil vacancies. Disruptions to production and pipelines, primarily in Canada and Africa, cut supply by about 3.4 million barrels a day in May, according to TD Securities. That has traders viewing a market coming into balance, ending a long period of oversupply. With Oil Prices over $45, oil vacancies are starting to increase. This rally is just the tip of the iceberg. According to New York Energy hedge fund Again Capital. [Oil Field jobs in Texas](http://www.texasoilcareers.com/texas-oil-industry-headed-huge-oilboom/) Are expected to recover soon, according to TexasOilCareers.com.
Oil field jobs in Texas are growing due to oil€™s high price and demand throughout the country. Texas has the highest oil output of any USA state €“ producing around sixty million barrels of crude oil every month. This equates to approximately one third of the USA€™s entire crude oil production. This level of oil production naturally generates a large number of [oil jobs in texas](http://www.texasoilcareers.com/job-tag/oilfield-jobs-texas/).
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Unternehmensinformation / Kurzprofil:
Texas Oil Careers
http://texasoilcareers.com
Texas Oil Careers
http://texasoilcareers.com
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texas
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Datum: 29.06.2016 - 19:07 Uhr
Sprache: Deutsch
News-ID 480759
Anzahl Zeichen: 2926
contact information:
Contact person: Cecilia Evans
Town:
texas
Kategorie:
Business News
Typ of Press Release: Unternehmensinformation
type of sending: Veröffentlichung
Date of sending: 29/06/2016
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