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Tag: Oil


The Shrinking Oil Industry

Many of the oil services companies employed when new fields are developed have been laying off workers, and oil companies have been taking write-downs of their assets.

Posted on May 16, 2017 READ MORE


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The Challenge to the Dakota Access Pipeline Isn’t Over: Cheyenne River Sioux Take Battle to Court

As with the Standing Rock Sioux, the South Dakota tribe’s land and water supply are threatened by the controversial oil pipeline.

Posted on Mar 25, 2017 READ MORE



Donald Trump Meets the Heir Apparent of the Saudi Throne: Oil Boycott or Bromance?

Prince Muhammad bin Salman is likely to come away empty handed in the most important dispute—the one over Syria.

Posted on Mar 15, 2017 READ MORE


‘Water Protectors’ Have a Hard Time Escaping the Anger of Some Locals (Video)

By Donald Kaufman

With passions running high in North Dakota, a small group of Native Americans and their supporters find themselves targets in a restaurant, and a woman is struck by an infuriated, yelling man.

Posted on Mar 1, 2017 WATCH & LISTEN



Standing Rock: Last Stand at Oceti Sakowin Camp

The water protectors in North Dakota realize they may lose the #NoDAPL fight. But their resistance to an oil pipeline has sparked a movement that could lead to something invaluable.

Posted on Feb 20, 2017 READ MORE


Crack Pipeline









Posted on Feb 1, 2017 ENLARGE



Streaming Video Drives Up Global CO2 Emissions

Watching your favorite streamed TV series may seem harmless, but the electricity consumed by the growing demand for video is leaving a hefty carbon footprint.

Posted on Feb 1, 2017 READ MORE



How Donald Trump Is Endangering U.S. Troops in Iraq and Essentially Aiding Islamic State

Since his inauguration less than a week ago, the president has not been making a good impression in Iraq.

Posted on Jan 26, 2017 READ MORE



Tsunami of Outrage, Vows of Resistance Follow Trump’s Pipeline Order

The president signed executive orders Tuesday advancing the controversial Keystone XL and Dakota Access pipelines.

Posted on Jan 24, 2017 READ MORE



Poet Asks, ‘Does Everything Depend Upon the Price of Oil?’ (Audio)

In face of a new administration that may deny climate change, Carolyne Wright reminds us about the blood and tears shed over petroleum for so many years.

Posted on Jan 18, 2017 READ MORE



Exxon Predicts Energy Demand Will Rise 25 Percent by 2040

Population growth will spur the increased need, and oil will remain the primary source, according to a corporate report.

Posted on Jan 6, 2017 READ MORE


Betrayed









Posted on Jan 5, 2017 ENLARGE



Donald Trump’s Energy Nostalgia and the Path to Hell

If Trump’s energy policies all are enacted, many fossil fuel companies will be annihilated, thanks to the rock-bottom fuel prices produced by a colossal oversupply of oil, coal and natural gas.

Posted on Dec 19, 2016 READ MORE



A Victory at Standing Rock—for Now

Cold weather, police violence and government promises won’t deter the water protectors. Although the Dakota Access pipeline has been halted, these demonstrators are not leaving Cannon Ball, N.D., until the project is dead.

Posted on Dec 8, 2016 READ MORE



President Obama Spent ‘Unprecedented’ Billions on Fossil Fuel Projects Around the World

The Obama administration financed 70 fossil fuel projects in countries from India to Australia to South Africa with nearly $34 billion through the Export-Import Bank.

Posted on Dec 1, 2016 READ MORE



Deconstructing Thanksgiving at Standing Rock

The indigenous tribes gathered in North Dakota are showing us a path for the future based on respect, nonviolence, humility and love that should inspire us for the difficult times ahead.

Posted on Nov 23, 2016 READ MORE



The Water Protector Movement

The Native Americans do not view the #NoDAPL fight as a protest but as an act of survival. It is the continuation of resistance to centuries of repression and oppression.

Posted on Nov 16, 2016 READ MORE



Iraq’s Skies Darken as Islamic State Torches Oil

With many civilians likely to die in the conflict in Iraq and Syria, the fighting also threatens the environment as ISIS torches oil wells.

Posted on Oct 28, 2016 READ MORE



As Stakes Rise, 83 Dakota Pipeline Protesters Are Maced and Arrested

Saturday’s events follow reports of escalating police abuse at protest sites, including beatings and unnecessary strip searches of those detained.

Posted on Oct 23, 2016 READ MORE



Cowboys vs. Indians Redux Over the Dakota Access Pipeline

That classic American narrative is back big time, only the Indians are now the good guys and the cowboys are on a warpath, trying to grab 640 million acres of public lands that they can plunder as if it were yesteryear.

Posted on Sep 23, 2016 READ MORE



Investments in Fossil Fuels Take a Nosedive

Energy experts say global investment patterns show a spectacular shift, with renewables on the rise and support for fossil fuels in sharp decline.

Posted on Sep 21, 2016 READ MORE



North Dakota vs. Amy Goodman: Journalism Is Not a Crime

The Dakota Access pipeline story is critical to the fate of people and the planet. It’s about climate change—and about indigenous rights conflicting with corporate and government power.

Posted on Sep 15, 2016 READ MORE



How to Stop Capitalism’s Deadly War With Nature

It’s not humanity alone that threatens life on earth. The bigger culprit is an economic and political system that relies on endless global appropriation of cheap food, energy, raw materials and labor.

Posted on Sep 13, 2016 READ MORE



Politicians in Big Oil’s Pocket, Beware: The People of Florida Want Their Solar

Florida is No. 3 in the country for solar potential but No. 18 in installations, largely because of nefarious dirty tricks by the carbon moguls.

Posted on Sep 2, 2016 READ MORE



California and EPA Poised to Expand Program With Potential to Pollute Water Reserves

Under federal environmental law, a little-known program is being used to permit oil and gas companies to inject waste into the state’s aquifers, even as the thirst for groundwater grows.

Posted on Aug 31, 2016 READ MORE


America’s Worst Idea (Video)









Posted on Aug 25, 2016 ENLARGE


Standing Rock Sioux Chairman: ‘We’re Standing Up and We’re Saying, “No More” ’

More than 1,000 Native American activists have traveled to Sacred Stone Spirit Camp in North Dakota to stop the construction of the Dakota Access pipeline. Now the fight continues in federal court in Washington, D.C.

Posted on Aug 23, 2016 WATCH & LISTEN



Water Is Life, Oil Is Death: The People vs. the Bakken Pipeline in Iowa and the Dakotas

While most of the United States has been blinded by the presidential election spectacle, a grass-roots coalition has been fighting “the next Keystone XL” being pushed through—largely under the radar—by Big Carbon.

Posted on Aug 22, 2016 READ MORE



Dakota Pipeline Would Make Water the New Oil, Devastating All but the Rich

The Standing Rock Sioux Tribe is heading a protest by Native Americans and their allies against the newly approved line. These opponents of the project say it could lead to contamination of the Missouri River and other devastating environmental impacts.

Posted on Aug 18, 2016 READ MORE



For Future Summer Olympics, Climate Change Is No Game

A report just published in the British medical journal The Lancet suggests that by the year 2085, almost all of the cities that could host the Summer Games will be too hot for outdoor events.

Posted on Aug 18, 2016 READ MORE



Hooked on Fossil Fuels Forever

Whatever the advances of renewable energy, projections suggest fossil fuels will continue to dominate the global landscape for decades to come, accelerating the pace of global warming and ensuring the intensification of climate-change catastrophes.

Posted on Jul 15, 2016 READ MORE



The Greater Middle East Reacts to Britain’s Exit From the EU (Video)

The oil-rich countries of the Gulf Cooperation Council may see additional buying opportunities in the British market in the wake of Brexit.

Posted on Jun 26, 2016 READ MORE



The Desperate Plight of Petrostates

Once so wealthy from oil sales that they could finance wars, megaprojects, and domestic social peace simultaneously, Russia, Saudi Arabia and others are now beset by internal strife or are on the brink of collapse as oil prices remain at ruinously low levels.

Posted on May 26, 2016 READ MORE



Angelenos Press for Change in California With Fossil Fuel Industry Protest

Although the state is ahead of the curve on renewable energy, Saturday’s rally in Los Angeles was a reminder to politicians that there’s far to go before we “Break Free” of our dependence on coal, oil and gas.

Posted on May 19, 2016 READ MORE



Reinventing Saudi Arabia After Oil: The Prince’s $2 Trillion Gamble

Prince Muhammad Bin Salman, 30, the deputy crown prince of Saudi Arabia, laid out his vision for Saudi Arabia on Monday in a plan called “Vision 2030.”

Posted on Apr 27, 2016 READ MORE



Three Surprising Reasons Saudi Arabia May Be Getting Out of the Oil Business (Video)

Saudi Crown Prince Mohammad bin Salman announced Friday that Saudi Arabia would use its oil assets to back a $2 trillion sovereign wealth fund.

Posted on Apr 3, 2016 READ MORE



Energy Wars of Attrition: The Irony of Oil Abundance

The oil attrition wars may not lead us into a future of North American triumphalism or even to a more modest Saudi version of the same but into a strange new world in which an unlimited capacity to produce oil meets an increasingly crippled capitalist system without the capacity to absorb it.

Posted on Mar 11, 2016 READ MORE



ExxonMobil—More Than 50 Proud Years of Melting Glaciers

Back in 1962, the fossil fuels giant was bragging about its ability to heat up the Arctic.

Posted on Feb 19, 2016 READ MORE



Obama Takes a Walk on the Greener Side

As Nevada short-circuits its solar boom, the White House gets more committed to renewable energy.

Posted on Jan 26, 2016 READ MORE



We Shouldn’t Take Their Oil

Donald Trump’s slippery slogan is delusional.

Posted on Jan 14, 2016 READ MORE



Political Turmoil in a Time of Low Energy Prices

The current rout in oil prices threatens a profound shift in the geopolitical fortunes of major energy-producing countries. Many are already experiencing economic and political turmoil, and the longer low prices persist, the more devastating the consequences are likely to be.

Posted on Jan 13, 2016 READ MORE



The Economy in 2016: Buying Time Before All the Old Problems Resurface

What’s in store for the world economically in the new year? While he cautions against predictions, Guardian economics editor Larry Elliott projects that “there will be no explosion in 2016, but a fuse will be lit.”

Posted on Dec 28, 2015 READ MORE



2015 in Review: Amid the Gloom Covering Our Planet, Some Rays of Light

On the winter solstice, a Truthdig review of the year’s environmental stories finds cause for hope in our poison-riddled world.

Posted on Dec 22, 2015 READ MORE



How Oil Industry Lobbyists Played the Long Game to Access a Fuel-Rich Corner of Alaskan Wilderness

The story of how the oil company ConocoPhillips overcame years of resistance from courts, native Alaskans, environmental groups and several federal agencies reveals the truth about how Washington really works.

Posted on Dec 22, 2015 READ MORE



‘Progress’ Is Fatal

Why did the Paris climate accord omit the words “fossil fuel,” “oil” and “coal”? Because the world’s great muck-a-mucks are promising to limit emissions without challenging the beast that creates them.

Posted on Dec 21, 2015 READ MORE



Has the Falling Price of Oil Just Won the Democrats the Presidency?

The price of petroleum fell Monday to levels not seen since the crash of 2008, at one point hitting $35 a barrel in New York. But will low gasoline prices help the Democratic nominee?

Posted on Dec 15, 2015 READ MORE



Capitalism’s Cult of Human Sacrifice

Manchester, a poor Mexican-American neighborhood in Houston, is just one example of how industrial capitalism is killing us on an altar of profit.

Posted on Dec 13, 2015 READ MORE



Uruguay Now Gets Nearly 95 Percent of Its Electricity From Renewable Sources

Less than 10 years after instituting a new energy policy, the country has slashed its carbon footprint without government subsidies or higher consumer costs, reports the country’s head of climate change policy.

Posted on Dec 5, 2015 READ MORE


VIDEO: Who Is Buying Islamic State’s Oil?

Oil is Islamic State’s lifeline—a business that provides the terrorist group with more revenue than any other source, helping to fund its war in Syria and Iraq, as well as providing electricity to the 10 million people living under the group’s control. So who are the individuals and groups involved in refining and selling this oil? And where does it end up?

Posted on Dec 4, 2015 WATCH & LISTEN



A Perfect Storm Is Headed for Fossil Fuel Assets

Coal, oil and gas sectors warned that trillions of dollars of assets could be stranded if a global agreement on limiting climate change is reached at the U.N. summit in Paris.

Posted on Nov 26, 2015 READ MORE


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