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December 19, 2014
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Tag: Oil


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New York State Bans Fracking

When natural gas companies first pressed into New York in 2008, state environmental regulators barely understood the process of “hydraulic fracturing.”

Posted on Dec 17, 2014 READ MORE



Shutterstock

Can the Keystone XL Pipeline Really Make Any Money?

Supporters of the controversial Keystone XL pipeline may have to face the reality that the project cannot generate the revenue it needs to be profitable.

Posted on Dec 16, 2014 READ MORE


Three Wise Men Upgrade

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Posted on Dec 15, 2014 READ MORE



Here Are 6 Reasons Lower Oil Prices Won’t Stop Solar, Wind and Electric Cars

Some observers have alleged that lower oil prices will slow down the green energy revolution.

Posted on Dec 13, 2014 READ MORE



Oil Price Fall: Saudi Arabia Targets U.S. Shale Oil, Iran, Iraq, Russia

It is clear that among the major losers in the fall in the price of Brent crude petroleum are Russia, Iraq and Iran. But the big loser will likely be shale oil producers and prospectors in the U.S.

Posted on Nov 29, 2014 READ MORE



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Why North Dakota’s Oil Boom Threatens Towns and Cities Nationwide

Using rail networks to transport crude has saved the oil and gas industry time and capital, but the trade-off is greater risk.

Posted on Nov 25, 2014 READ MORE



Fossil-Fueled Republicanism

In the wake of the midterm elections, Republican energy hawks are ascendant, having taken the Senate and House by storm. They are preparing to put pressure on a president already presiding over a largely drill-baby-drill administration to take the last constraints off the development of North American fossil fuel reserves.

Posted on Nov 20, 2014 READ MORE



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When a Bank Owns 100 Oil Tankers, It Can Mess With the Price of Gas

A two-year Senate investigation of the financial sector has found that banks can meddle with the economy in new and frightening ways.

Posted on Nov 19, 2014 READ MORE


Keystone Pipeline Politics

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Posted on Nov 19, 2014 READ MORE



Did Saudi Arabia Wage an Economic War on Iran, Russia and North Dakota at the G-20?

What did Saudi Arabia have to say at the recently concluded G-20 conference?

Posted on Nov 17, 2014 READ MORE


Keystone Pipeline

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Posted on Nov 15, 2014 READ MORE



Outlook Palls for Fossil Fuel Investments

Warnings within the world of high finance are coming thick and fast that the increasingly urgent need to combat climate change means investors could lose heavily by sinking funds into coal, oil and gas.

Posted on Oct 18, 2014 READ MORE



How Lowering Oil Prices Could Actually Change the World

If oil goes lower and stays there for a while, what are the implications?

Posted on Oct 14, 2014 READ MORE



A Trip to Kuwait (on the Prairie)

At 9 p.m. on that August night, when I arrived for my first shift as a cocktail waitress at Whispers, one of the two strip clubs in downtown Williston, I didn’t expect a 25-year-old man to get beaten to death outside the joint. Then again, I didn’t really expect most of the things I encountered reporting on the oil boom in western North Dakota this past summer.

Posted on Oct 13, 2014 READ MORE



Obama’s New Oil Wars

The Obama administration is wielding the oil weapon against two of the world’s leading producers, Iran and Russia. These efforts, which include embargoes and trade sanctions, are likely to have a great impact on world output, reflecting White House confidence that, in the pursuit of U.S. strategic interests, anything goes.

Posted on Oct 10, 2014 READ MORE


Head-Bangers

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Posted on Oct 9, 2014 READ MORE



Oil and Gas Companies Are Rigging Wages and Cheating Their Workers

U.S. Department of Labor investigations have uncovered hundreds of cases in which oil and gas workers, many involved in dangerous jobs, are being cheated of earnings.

Posted on Sep 27, 2014 READ MORE


Summit

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Posted on Sep 20, 2014 READ MORE



A Global Warming President Presides Over Drill-Baby-Drill America

We should certainly be witnessing real progress toward a post-petroleum economy. But the opposite is occurring. U.S. oil consumption climbed by 400,000 barrels per day in 2013 alone and is set to rise again both this year and next.

Posted on Sep 4, 2014 READ MORE



Iraq: If Terrorists Hit Southern Iraq Oil Fields, $5-$7 a Gallon Gas?

Iraq’s former oil minister, Ibrahim Bahr al-Ulum, warned Thursday that the so-called Islamic State terrorist organization could hit the Iraqi oil fields in the south around Basra.

Posted on Aug 23, 2014 READ MORE



Top 20 Oil Projects Put Investors’ Billions at Risk

An oil industry think tank warns that high-cost extraction projects failing to match oil demand with global emissions reduction targets could waste $91 billion of investors’ money over the next decade.

Posted on Aug 16, 2014 READ MORE



Canada Puts Oil Exploitation Before Forests

Having repudiated the Kyoto Protocol on reducing greenhouse gas emissions, Canada is still exploiting tar sands for oil—despite accepting that climate change is destroying its forests.

Posted on Aug 10, 2014 READ MORE


Climate Deniers, All Washed Up

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Posted on Jul 17, 2014 READ MORE



Twenty-First-Century Energy Wars

The world is aflame with new or intensifying conflicts that appear to be independent events, driven by their own unique and idiosyncratic circumstances. But look more closely and they share several key characteristics—notably, a witch’s brew of ethnic, religious, and national antagonisms that have been stirred to the boiling point by a fixation on energy.

Posted on Jul 10, 2014 READ MORE


Iraq That Was and Could Have Been

The British Pathé archive gives us an opportunity to resist historical forgetting and know a modernizing Iraq that was prouder and more self-determined than the hothouse of anxiety and ruin that latter-20th century U.S. aggression made it today.

Posted on Jun 26, 2014 READ MORE



It’s the Oil, Stupid!

Sunni insurgents are not only in a struggle against what they see as oppression by a largely Shiite government in Baghdad and its security forces, but also over who will control and benefit from what Nouri al-Maliki—speaking for most of his constituents—told The Wall Street Journal is Iraq’s “national patrimony.”

Posted on Jun 26, 2014 READ MORE



Why You Need an Electric Vehicle: Radicalism in Iraq Menaces World’s Most Important Oil Fields

The virtual collapse of the Iraqi army and its inability to take back any territory from Sunni forces coordinated by the Islamic State of Iraq and Syria brings into question our earlier insouciance about the oil impact of ISIS advances.

Posted on Jun 24, 2014 READ MORE



300 U.S. Troops Are Heading to Iraq

President Obama announced Thursday that up to 300 “military advisers” will assist Iraq’s embattled army against advancing Sunni insurgents, and insisted that the U.S. would not be drawn into another war in the country.

Posted on Jun 19, 2014 READ MORE



ISIS Moves on Iraq’s Biggest Oil Refinery

Militant Islamists have attacked Iraq’s largest oil refinery in the city of Baiji, 155 miles north of Baghdad.

Posted on Jun 18, 2014 READ MORE



New Environmentalists Taking Bold Actions, and They’re Working

No longer dominated by the traditional “Big Green” groups that were taking large donations from corporate polluters, the new environmental movement is broader, more assertive and more creative.

Posted on May 26, 2014 READ MORE



The Birth of a Eurasian Century

A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass—at the expense of the United States.

Posted on May 19, 2014 READ MORE



Why Don’t We Care About Congo’s Dead?

What happens when millions of Africans die in a conflict in which some of the world’s most desired natural resources are at stake? Very little, it turns out.

Posted on May 15, 2014 READ MORE



Oil Companies Take Trillion Dollar Gamble

Oil companies are using investors’ money on high-risk extraction projects based on the dubious belief that oil prices will go on rising, and with little regard for climate change factors.

Posted on May 9, 2014 READ MORE


Oil Rail Disaster

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Posted on May 3, 2014 READ MORE



Mike Baker (CC BY-NC-SA 2.0)

Top 5 Reasons Solar Energy Will Save the World

The research and development monies now going into solar energy are great enough to fuel innovation and bring down prices rapidly.

Posted on Apr 23, 2014 READ MORE


Keystone XL

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Posted on Apr 22, 2014 READ MORE


Driving Climate Denial

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Posted on Apr 19, 2014 READ MORE



Lap Dancers, the CIA, Payoffs and BP’s Deepwater Horizon

Four years ago this Sunday, the Deepwater Horizon blowout incinerated 11 men and poisoned 600 miles of Gulf coastline. What political fairy dust allows BP to remain virtually immune from the consequences?

Posted on Apr 18, 2014 READ MORE



World Economic Forum (CC BY-NC-SA 2.0)

Russian Sanctions-Busting? Putin’s Bruited 500k B/D Oil Deal With Iran Draws U.S. Threats

Russia has rejected U.S. criticism of a plan that has been floated to import 500,000 barrels a day of petroleum from Iran on a barter basis.

Posted on Apr 10, 2014 READ MORE


Oil Spill

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Posted on Mar 25, 2014 READ MORE



World Bank Photo Collection (CC BY-NC-ND 2.0)

5 Signs Solar Power Is Taking Over the World

Burning fossil fuels (coal, natural gas and oil) is putting 32 billion metric tons of carbon dioxide annually into the atmosphere.

Posted on Mar 22, 2014 READ MORE



Two Giant Oil Pipelines Would Double Tar Sands Production

Two new pipeline projects announced earlier this month would bring to market a “neck-breaking 1.1 million barrels of oil per day” and almost double the region’s daily petroleum output to 760,000 barrels without requiring President Obama’s approval.

Posted on Mar 9, 2014 READ MORE


How the Oil Lobby Rigged the Keystone Pipeline Environmental Review

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Posted on Feb 19, 2014 READ MORE



Shell Apparently Won’t Drill in the Arctic

The giant fossil fuel corporation announced Thursday that it would shelve plans to drill in the Alaskan Arctic in 2014.

Posted on Jan 30, 2014 READ MORE



Oil on the Tracks

More crude oil was spilled in U.S. rail incidents in 2013 than in the previous 37 years combined.

Posted on Jan 23, 2014 READ MORE



AP/Presidency Office, Rouzbeh Jadidoleslam

Iran Breakthrough a Triumph for Pragmatists and a Defeat for the Warmongers

As with all good diplomacy, the Iran accord is a win-win for that country and the United Nations Security Council’s permanent members.

Posted on Jan 22, 2014 READ MORE


B-i-g O-i-l M-o-u-s-e

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Posted on Jan 12, 2014 READ MORE



linh.m.do (CC BY 2.0)

McKibben on Obama, Environment: The Cynics ‘Were Right’

Writer and environmental activist Bill McKibben slaps the administration for taking on easy battles, sidestepping the tough ones and trying to claim environmental progress. Meanwhile, the earth continues to heat up as Obama pursues oil- and coal-based energy policies, and then brags about them.

Posted on Dec 23, 2013 READ MORE



flickrohit (CC BY-SA 2.0)

U.S. Team Makes Oil From Algae—Fast

Although it’s still a long way from commercial viability, a U.S. team has produced oil from algae in less than an hour, in contrast with the millions of years the natural process needs.

Posted on Dec 23, 2013 READ MORE


Indigenous Groups Win Right to Try to Seize Chevron’s Canadian Assets

A Canadian court Tuesday granted Ecuadorean farmers and fishermen the right to attempt to seize the oil giant’s Canadian assets due to a 2011 decision in an Ecuadorean court that found the company liable for nearly three decades of soil and water pollution and the ruined health and livelihoods of people living in nearby areas of the Amazon rainforest.

Posted on Dec 20, 2013 READ MORE


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