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.
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2026
2026
Subsidy Spotlight: Publicly Funding a Utah Disaster in the Making
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.
Health Risks of One Third of Frack Fluid “Unknown”
Could this be the fracking industry’s Silent Spring moment? One of the most alarming aspects of fracking is how little we understand the long term risks of the technology. As the shale boom explodes in the US, concerns about the...
Not at Home on the Range: Subsidized Fracking Hits Colorado
Subsidy Spotlight: The fracking boom has had devastating health and environmental impacts in Colorado – and it likely wouldn't have been possible without government subsidies.
Crude by Rail Spills Increased 10 Times from 2008-2013
An analysis of oil spilled in the transportation process by Oil Change International using data from the Pipeline and Hazardous Materials Safety Administration Office reveals that the number of spills from crude by rail increased by almost 10 times from...
New Bill Aims to Tackle Dirty Money in Politics
[caption id="attachment_16660" align="alignleft" width="300"] Oil Change International Executive Director Steve Kretzmann joins Rep. Sarbanes (D-MD), left, and other environmental leaders to support the Government by the People Act[/caption] This morning, Oil Change International Executive Director Steve Kretzmann joined Representative John...
Bakken Fracking Industry Celebrates its Billionth Barrel
The North American fracking industry is hailing the production of its billionth barrel of fracked oil from the vast Bakken oil fields as a cause for celebration.
Hell Freezes Over: OCI and API Agree! … On Oil Production Impacts of Lifting the Crude Export Ban
Last month, the American Petroleum Institute (API) released a report advocating for an end to the U.S. ban on crude oil exports. Nestled among the API’s rosy claims of new jobs and low gas prices (which are strongly refuted by...
As KXL Vote Nears in Senate, Big Oil Begins Ad Blitz
Today could be the day when the fate of the Keystone XL pipeline could take a decisive turn. Later today the Senate is expected to debate what on the surface is a bipartisan energy efficiency bill, but pro-KXL Senators could...
Exxon and BP Strengthen Ties With Russia
Ignoring the potential threat of further sanctions, both Exxon and BP have strengthened ties with Russia’s state-controlled oil company, Rosneft, in deals that can also only be seen as bad news for the climate.