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Tag: Crude Oil


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Fighting a Shell Game in the Arctic

A legal challenge by environmental and indigenous Alaskan groups may dampen Shell Oil’s chances of drilling for billions of barrels of oil in the U.S. portion of the Arctic’s Chukchi Sea. It’s feared the controversial plan could spell disaster for endangered species as well as increase global warming.

Posted on Jan 24, 2010 READ MORE



AP / Rachel Jones

Venezuela’s Whopping Oil Reserves

A new assessment by the U.S. Geological Survey says that Venezuela’s oil reserves could be double those of Saudi Arabia, a finding that could significantly alter the world’s geopolitical stage and crude oil market.

Posted on Jan 23, 2010 READ MORE


Study: Oil Company Profits, Not Crude Prices, Are Pumping Gas Prices

Corporate profiteering—not increased crude oil prices, not ethanol switch-overs—is responsible for recent gas price increases in California, according to an independent watchdog group.
Sounds like Enron all over again.

Posted on Apr 21, 2006 READ MORE


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