This post was co-authored by Shakuntala Makhijani and Lorne Stockman. Oil, gas, and coal prices all fell dramatically in 2014, but North American fossil fuel industry* profits still totaled a healthy $257 billion. These profits were a modest 22% less than...
The United States of America has finally acquired the vast territory of Canada and its massive fossil fuel resources. The acquisition appears to have been made via an episode of collective wishful thinking and misinformation, triggered by an optimistic report...
All the talk of Hurricane Isaac and the RNC has so far failed to notice the gaping hole appearing in what is not only the Romney/Ryan energy platform but also the platform of the entire North American oil and gas...
Written by Ross Hammond When it comes to government handouts to the fossil fuel industry, one of the more intractable members of the Supercommittee appears to be Senator Jon Kyl of Arizona, who voted in both 2010 and 2011 to...
The American Petroleum Institute, along with Senator Lugar (R-IN), has grasped the recent threat of a crisis in the Strait of Hormuz as the perfect opportunity to peddle its misinformation about Keystone XL and U.S. energy security. The Strait of...
The Republicans rolled out their 2012 Budget yesterday, under the catchy title of “the path to prosperity”. In fact you could have called it the “well-trodden road to ruin”. The budget by House Budget Chairman Paul Ryan will be seen...
This is a cross-post from Transition Voice. Written by Erik Curren Can the president who killed Osama bin Laden now stand up to Big Oil? Encouraged by comments made by House Speaker John Boehner that subsidies for oil and gas...
As more and more Americans link extreme weather to climate change, its time the media did so too
The details are still being worked out. The BP Board meets this afternoon. But if the press reports are anything to go by, the company’s embattled CEO, Tony Hayward will walk away with anything from at least £11 million to...
Over the last few days the blogosphere has been chewing over Obama’s offshore drilling plan and the general consensus is that, well, its a complete waste of time. The drilling will not reduce gasoline prices nor will it reduce America’s...
