How to Beat the Pump Profiteers
Feeling a little queasy every time you fill up at the pump because of those high prices? Well you are not alone. Seven out of every ten Americans are now experiencing a real fiscal hit from higher fuel prices at...
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2026
2026
More on The Great Iraq Oil Grab
If you thought the new Iraqi government would govern Iraq for the people, well, I''m sorry. Think again. Good article on Alternet today about who controls Iraq's oil fields. It quotes Antonia Juhasz, author of “The Bush Agenda,” who has...
BP: The Days of Cheap Oil Are Not Over
Lord Browne, BP's chief executive, went against the grain of recent energy hikes and said that within a few years crude oil prices would be $40 a barrel or even lower. “It is very likely that, in the medium term,...
BP: Beyond Pathetic
Given what we have been saying about BP on the site recently, it is amusing to read a a different angle from Thomas Borelli, the editor of FreeEnterpriser.com and a senior fellow at The National Center for Public Policy Research,...
Are Oil Companies Price Gouging?
As crude-oil prices hit record highs, US congressional leaders are planning to ask President Bush to order an investigation into possible price gouging by oil companies. House Speaker Dennis Hastert and Senate Majority Leader Bill Frist, plan to send a...
BP: Fear and Speculators Driving Up Oil Price
BP's CEO, John Browne, has warned that fear was driving the price of crude to artificially high levels, with "untold consequences" for the global economy. He argued that turbulence in Iran, Iraq and Nigeria was leading to continual speculation about...
BP Causes Largest Ever Spill on North Slope
BP – the oil company that is running an unprecedented public relations campaign trying to portray the company as green and caring - was last week responsible for the largest ever oil spill on Alaska’s North Slope. Last week’s spill...
Feeling Peckish? How Your Breakfast Fuels Our Oil Addiction
Great article on Alternet today by Chad Heeter about the amount of fossil fuels needed to make your average breakfast. According to Heeter "an average of over seven calories of fossil fuel is burned up for every calorie of energy...
Syriana Comes to Town
The George Clooney movie, Syriana opens in cinemas across Europe this week. Some oil campaigners believe that any film that tries to portray the deep-rooted web of connections between oil companies and politicians is a worthwhile exercise. Others think that...
Grand Jury Lawyers Trawl Through BP Offices
There will be humiliation for BP this week, when its Alaskan Division will have to open up its offices to US lawyers working for a federal grand jury in Anchorage who are investigating the March spill of 270,000 gallons of...