Read the latest insights and analysis from the experts at Oil Change International.
Through public land leases, infrastructure subsidies, and some very expensive tax breaks, taxpayer money is supporting what could become one of the dirtiest, most destructive chapters in American energy history.
As if the plummeting oil price was not bad enough, there was more bad news for the oil industry yesterday after President Obama signed a Presidential memorandum to protect the vast Bristol Bay in Alaska from future oil and gas drilling.
And so the free-fall continues. The price of Brent crude has fallen this morning below $60 a barrel for the first time since July 2009. The price of US crude is below $55.
Last week we exposed ExxonMobil’s Outlook for Energy as a corporate fantasy rather than a forecast. ExxonMobil's head of public affairs called our work ill-informed and "odious" but chose not to answer our arguments...
Not content with polluting our air and water and causing immeasurable harm to both the environment and health, the fracking industry has now come up with a novel idea: the consumer should pay for the polluting process as well.
The UN climate talks are nearing the final hours and one of the major sticking points is finance. Well, we're here to tell governments there's plenty of money available if they look in the right place.
The US shale industry faces a Darwinian struggle over the next few months as only the fittest producers will survive as the price of crude plunges to $50 a barrel, the Bank of America has warned.
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
Exxon published its Outlook for Energy today. We show why it should be viewed as the corporate propaganda it is.
Many people concerned about climate change may be focussed on the ongoing UN climate negotiations in Lima, but back home in the US it is business as usual for the oil and gas industry: they are secretly lobbying to delay action on climate and undermine America’s environmental protection laws.
