As oil prices surge in response to the appalling violence in Libya, the House Natural Resources Committee offered their usual worn out suggestions for addressing America’s vulnerability to oil price shocks; more domestic drilling. Clearly energy only means one thing...
Why Canadian oil does not make America secure Political turmoil in the Middle East once again exposes America’s dependence on oil and its vulnerability to global price spikes. On Capitol Hill, Big Oil’s political lackeys are stepping up their campaign...
Six years ago, in preparation for George Bush’s visit to the US, leaked Diplomatic cables by Wikileaks show that the ecological cost of the dirty sands was not seen as a diplomatic issue of contention. A message to President Bush...
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...
The industry’s PR response from Deepwater is shaping up nicely. This is the industry message: We will give you improved safety and you give us resumed drilling. The Gulf of Mexico represents energy security and jobs for the boys to...
[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...
Altérra has funneled money through secondary sub-funds managed by Blackrock into building fossil fuel pipelines and gas projects. This includes TC Pipelines, a subsidiary of the company behind Coastal Gaslink and failed Keystone XL pipeline proposals.
This briefing finds that the transport of tar sands oil through pipelines in the United States is exempt from payments into the Oil Spill Liability Trust Fund, which creates a free ride worth over $375 million to tar sands oil...
The U.S. oil industry’s biggest players, including ExxonMobil and the American Petroleum Institute, are calling for an end to the U.S. ban on crude oil exports that has been in place for more than four decades since the 1973 Arab...
Research shows that Organisation for Economic Co-operation and Development (OECD) countries supported fossil fuel exports by an average of USD 41 billion from 2018-2020, almost five times more than clean energy exports ($8.5 billion).
