Our energy system has changed since 1913 – why hasn’t this subsidy?
Standard Oil has long since been broken up yet the subsidy designed to do so has only grown over its 100-year lifespan in terms of total value to the industry.
Read the latest insights and analysis from the experts at Oil Change International.
Standard Oil has long since been broken up yet the subsidy designed to do so has only grown over its 100-year lifespan in terms of total value to the industry.
Would you take it seriously if tobacco companies announced that smoking trends weren’t expected to change much over the next 30 years? And imagine then, that this is what governments used to make tobacco policy: “Forecasts show that people aren’t going to quit smoking, steady rates of smoking around the world are inevitable, so all anti-smoking policies will assume not much is going to change.”
Despite receiving approval from the Obama Administration to drill in the Arctic, Shell's ambitions have been thrown into question by everyday people no longer standing idle while Big Oil tramples over local officials, ignores scientists, and propels our planet further towards the climate cliff.
When oil prices crashed late last year, the high-cost and capital intensive tar sands sector took a hit. The industry had already been showing signs of weakness with underperforming stocks, project cancellations, and serious concerns about market access. But low oil prices have driven a whole new level of cost cutting and project delays.
Forget Shell's takeover of BG - it's time for Big Oil to plan for managed decline
David Koch, the climate change-denying billionaire, currently sits on the board of two of our nation’s largest and most respected natural history museums. This needs to change.
Being the generous souls that we are, we thought we’d save the industry a few million dollars and create a website that can generate their requisite KXL talking points for them! We are proud to introduce: BigOilTalkingPoints.com!
Wonder why Keystone XL is the #1 priority for the new congress? You're not alone. The answer is money. Read our in-depth analysis.
Aside from providing some entertainment, twitter fodder, and political theater...coming on the eve of the 5th anniversary of the dubious Citizens United Supreme Court decision, last night’s State of the Union speech showed us a few important things when it comes to climate and Washington, DC.