As Congress begins August recess, those of us who care about America’s addiction to oil, climate change, and a clean energy future have been scratching our heads, wondering why, after historic levels of pressure we can’t even pass an oil...
Are investors put off by the risks of ultra deepwater drilling after the Deepwater Horizon disaster? If the frenzy down in Brazil is anything to go by – the answer is a staggering no. Brazil’s national oil company, Petrobras, has...
In the middle of potentially America’s worst environmental disaster, BP is attempting to squarely shift the blame for the Deepwater Horizon disaster from itself to Transocean. As BP’s CEO Tony Hayward prepares to meet key Congressmen in Washington today, you...
Disaster One. New estimates put the amount of oil per day pouring into the Gulf of Mexico at one million gallons a day. If this is so, BP’s disaster may have spilt more oil than the Exxon Valdez, when at...
Now that BP’s jury-rigged contraption to contain its massive Gulf of Mexico oil spew has failed, the company’s only resort is to continue pumping massive amounts of dispersant into the water near the wellhead, in an attempt to – what...
One of the ongoing tragedies of the Exxon Valdez oil spill is that thousands of people who worked on the cleanup are sick, have gotten sick, and continue to die from inhaling the lethal cocktail of oil and dispersant. The...
Pardon the title, but the Wall Street Journal has an extremely interesting interview with the top dog at Shell, Peter Voser. He admits that Shell is fast becoming a gas company rather than an oil company. “Shell started quite a...
Yesterday was the 20th Anniversary of America’s worst oil spill, the Exxon Valdez. It may be twenty years but the scars of the disaster are still being felt today. Take a quick glance at Prince William Sound and you would...
As President Obama has breakfast with Prime Minister Gordon Brown, and demonstrators start taking to the streets to protest at the G20, we should not forget the events of yesterday. Congressman Henry Waxman and Ed Markey released a discussion draft...
Big oil and big tobacco have always had one major advantage when it comes to lawsuits. Their pot of money to defend themselves is on a different scale to the opposition. Lose one round, and they just fight on –...
