Bank of America: $50 A Barrel on Its Way
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.
Read the latest insights and analysis from the experts at Oil Change International.
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.
A new peer-reviewed scientific paper, published today in Reviews on Environmental Health, adds to the growing evidence of harm from fracking, especially to women and young children. But men also should be worried too.
For years, the oil industry and its powerful friends in Congress talked of a shale gas utopia where fracking would lead to energy independence in for US.
The Lima UN climate talks which open today were always the diplomatic aperitif before the main three course carbon-fest in Paris next year. However they open with a renewed sense of optimism that after 20 years of delay and political deadlock – often driven by the fossil fuel industry – a deal may well be in sight for Paris.
It has often been called the heart of public relations: but the third party technique is simple – it is putting your words in someone else’s mouth.
As more and more of us search for news and information online, PR companies and their clients are increasingly trying to manipulate what you read.
A new wave of anger, manifesting in large protests, is sweeping through Nigeria’s Ogoni region.