Oil Market Facts Expose Trump’s Empty Keystone Rhetoric
A look at today's oil market exposes the hollow rhetoric surrounding the Keystone XL project. The project would exacerbate a supply glut at Cushing and is clearly not needed.
A look at today's oil market exposes the hollow rhetoric surrounding the Keystone XL project. The project would exacerbate a supply glut at Cushing and is clearly not needed.
There are many contradictions about Shell’s Arctic misadventure to drill for oil, but three are the most striking: Firstly the company is spending billions of dollars and risking the reputation of the company on oil that can never be burnt.
The good old American Petroleum Institute is up to its old tricks again, scaremongering over jobs. The API held “citizen” rallies in seven cities in early September to discuss the effect of energy legislation on jobs, arguing that many jobs...
[caption id="attachment_4356" align="alignleft" width="150" caption="WTI Meltdown on Friday Feb. 05 2010"][/caption] Two stories from Canada’s Globe and Mail this week highlight the emerging reality that the oil industry in North America is downsizing; although the commentary mostly misses the underlying...
This updated analysis highlights the ongoing complicity of multiple countries and companies in fueling Israel's war machine. As more and more Palestinians are killed in bombings and pressure intensifies on global leaders, including US presidential candidates, to end the genocide,...
Sen. Mitch McConnell claimed recently that the Keystone XL Pipeline “doesn’t require a penny of our taxpayer money all the president has to do is approve it.” But our research reveals many places that the pipeline project benefits from taxpayer...
The idea that greater pipeline capacity and access to tidewater would maximize the value Alberta receives for its tar sands crude is a standard talking point for industry, politicians, and other commentators in the ongoing oil price-induced recession in Alberta.
The rush to invest in Canada's oil sands is on (see yesterday's post on Shell). Marathon Oil, the largest oil refiner in the U.S. Midwest, is set to become the latest international energy player to grab a stake in Alberta's...
Iraq's crude oil shipments to the United States have fallen to the second lowest monthly level in almost four years, the U.S. Energy Department has confirmed. Iraq exported 341,000 barrels of crude oil a day that month to the U.S....
After months of negotiations, political parties in Ireland have secured an agreement to form a new coalition government. This programme of government, titled Our Shared Future, was signed by the leaders of Fine Gael, Fianna Fáil and the Green Party...