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Tag: Oil


Gulfstream

Obama Will Make the Wealthy Pay for His Jobs Bill

White House Budget Director Jack Lew revealed Monday that the administration plans to raise $467 billion in tax revenue from people making more than $200,000 a year, investment fund managers, the oil and gas industry and owners of corporate jets. (more)

Posted on Sep 12, 2011 READ MORE



Gigi Ibrahim (CC-BY)

Dispatches From Cairo: Tensions Mount in Revolution Central

Wow, what a jittery, hair-trigger, emotional week in Egypt, the heart of the revolutionary world.

Posted on Sep 7, 2011 READ MORE



AP / Sergey Ponomarev

Libya: Here We Go Again

I know enough of Libya, a country I covered for many years as the Middle East bureau chief for The New York Times, to assure you that the chaos and bloodletting have only begun.

Posted on Sep 5, 2011 READ MORE



Flickr / infomatique (CC-BY-SA)

EU Slaps a Ban on Syrian Oil

The European Union announced Saturday that it is banning purchases of Syrian oil, a first for Europe, which had thus far avoided targeting Syrian industry as a method to stem the government violence there. (more)

Posted on Sep 3, 2011 READ MORE



Richard Bitting (CC-BY)

The Russians Are Coming (or Not)

Correction: Back in 2007, a Russian official announced a scheme to build an underwater rail system linking Siberia to Alaska. Such a railway would require the longest tunnel ever built and expenditures of about $94 billion (by one estimate). More than four years later, the transcontinental railway was in the news again. (more)

Posted on Aug 29, 2011 READ MORE



Illustration by Mr. Fish

The Election March of the Trolls

The trolls have gamed the system. There is no economic, political or environmental reform that can be implemented to impede the march of the corporate state.

Posted on Aug 28, 2011 READ MORE



Paul Lowry (CC-BY)

Why Perry Hates Regulators: They’re Bad for (His) Business

When environmental regulators do their job properly, that can mean serious trouble for Rick Perry’s largest political donors.

Posted on Aug 25, 2011 READ MORE



tarsandsaction (CC-BY)

D.C. Protests That Make Big Oil Quake

The White House was rocked Tuesday, not only by a 5.8-magnitude earthquake, but by the protests mounting outside its gates.

Posted on Aug 23, 2011 READ MORE



AP / Alexandre Meneghini

Victory in Tripoli: They Did It

If the U.S. had gone seriously into the war, and behaved characteristically, Libya’s revolution would not have succeeded this week.

Posted on Aug 23, 2011 READ MORE



Flickr / Shadia Fayne Wood / tarsandsaction

Pipeline Protesters Jailed Outside White House

Author, activist and founder of the global environmental movement 350.org Bill McKibben was arrested outside the White House on Saturday along with 64 others protesting the construction of a pipeline from Canada’s tar sands sites to refineries on the Gulf of Mexico. (more)

Posted on Aug 21, 2011 READ MORE



Israel’s Insatiable Zionism

Israel’s Zionism turned capitalism is getting out of hand; Postmodernism is dead, leaving many to question what it was in the first place; meanwhile, the Americas are projected to replace the Middle East as the energy capital of the world. These discoveries and more after the jump.

Posted on Aug 20, 2011 READ MORE



AP / David J. Phillip

The Biggest Little Hypocrite in Texas

It is unfathomable that yet another Texas blowhard governor has emerged as a front-runner for the GOP presidential nomination.

Posted on Aug 16, 2011 READ MORE



Flickr / ltmayers

6 of 7 Fracking Evaluators Are on Industry’s Payroll

Last spring, President Obama asked Energy Secretary Steven Chu to assemble an advisory board to review the practice of hydraulic fracturing, otherwise known as “fracking,” which is used to extract natural gas buried deep underground. (more)

Posted on Aug 15, 2011 READ MORE



Adam Campbell (CC-BY-ND)

The Man Who Doesn’t Want to Be President

Barack Obama seems unwilling to be president. What a contrast he makes to George W. Bush, in his boots and with his swagger—the Decider.

Posted on Aug 9, 2011 READ MORE


Japan’s Meltdowns Demand New No-Nukes Thinking

New details are emerging that indicate the Fukushima nuclear disaster in Japan is far worse than previously known, with three of the four affected reactors experiencing full meltdowns. Meanwhile, in the U.S., massive flooding along the Missouri River has put Nebraska’s two nuclear plants, both near Omaha, on alert.

Posted on Jun 21, 2011 READ MORE



Illustration by Mr. Fish

This Hero Didn’t Stand a Chance

Tim DeChristopher is in prison for standing in the way of the corporate and governmental destruction of the ecosystem.

Posted on Jun 20, 2011 READ MORE


Bernie Sanders Goes After the Oil Industry

Our favorite senator has had enough of “Wall Street speculators” jacking up oil prices. Here he tells radio host Ian Masters about his legislative attack plan.

Posted on Jun 16, 2011 READ MORE


Weiner’s No Longfellow

“The troubled sky reveals | The grief it feels.” Those two lines were written by Henry Wadsworth Longfellow in his poem “Snow-Flakes,” published in a volume in 1863 alongside his epic and better-known “The Midnight Ride of Paul Revere.”

Posted on Jun 7, 2011 READ MORE



Flickr / Marcellus Protest

N.Y. Attorney General Takes Aim at ‘Fracking’

New York Attorney General Eric Schneiderman filed a lawsuit against three federal agencies, alleging that they have failed to properly study the impact of proposed regulations on “fracking,” a potentially dangerous process in which pressurized water and chemicals are used to dislodge oil and natural gas below the earth’s surface. (more)

Posted on Jun 1, 2011 READ MORE



AP / Lori Mehmen

The Sky Really Is Falling

The rapid and terrifying acceleration of global warming, which is disfiguring the ecosystem at a swifter pace than even the gloomiest scientific studies predicted a few years ago, has been confronted by the power elite with self-delusion.

Posted on May 30, 2011 READ MORE


Gas Prices

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Posted on May 9, 2011 READ MORE



Mr. Fish

Your Taxes Fund Anti-Muslim Hatred

A cadre of right-wing institutions that peddle themselves as counterterrorism specialists and experts on the Muslim world has been indoctrinating thousands of police, intelligence and military personnel in nationwide seminars.

Posted on May 9, 2011 READ MORE



American Solutions

Oil Prices Continue to Tumble

This is great news: Crude oil prices continued to slide Friday as dealers awaited a report on the U.S. job picture. But the average price of gas at the pump remained at a painful $3.99 per gallon.

Posted on May 6, 2011 READ MORE



Flickr / World Economic Forum

Exxon Posts Enormous Profits

While a host of social welfare programs sit on the congressional chopping block, Exxon Mobil pulled in a near-record first-quarter profit of $10.65 billion.

Posted on Apr 28, 2011 READ MORE



Wikimedia Commons / MathKnight and Zachi Evenor (CC-BY-SA)

A New Battle Over Resources in Israel

The Knesset approved a law late last month drastically increasing taxes on Israel’s mammoth, newly discovered offshore natural gas reserves.

Posted on Apr 28, 2011 READ MORE



U.S. Army / Luke Thornberry

British Government Memos Tie Iraq Invasion to Big Oil

The documents detail high-level meetings between BP, Shell and the British government about how to divvy up Iraq’s oil and gas.

Posted on Apr 18, 2011 READ MORE



© Reese Erlich 2011

Cuba’s New Economy

Last year Cuban President Raul Castro announced the biggest economic reforms since the 1959 revolution. Cubans are cautiously optimistic about the changes, but they’re also scared.

Posted on Apr 14, 2011 READ MORE


U.S.-Backed Bloodshed Stains Bahrain’s Arab Spring

One month into Bahrain’s uprising, Saudi Arabia sent military and police forces over the 16-mile causeway that connects the Saudi mainland to Bahrain, an island. Since then, the protesters, the press and human-rights organizations have suffered increasingly violent repression.

Posted on Apr 12, 2011 READ MORE


Attack of the GOP Budget Rider Leeches

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Posted on Apr 11, 2011 READ MORE



U.S. Coast Guard

What Oil Spill? Transocean Hands Out Bonuses for Best Safety Year Ever

Even Wall Street executives have to be smacking their heads over this one. The company that ran the Deepwater Horizon oil rig (before it exploded, killing 11 and filling the Gulf of Mexico with oil) has decided to give its executives bonuses for achieving “the best year in safety performance in our company’s history.” There are no words ...

Posted on Apr 3, 2011 READ MORE


Lessons of Libya

Launched almost exactly a quarter-century after Ronald Reagan first bombed Tripoli, America’s new war in Libya was guaranteed to be yet another fist-pumpin’, high-fivin’ remake of a big-budget 1980s action movie.

Posted on Apr 1, 2011 READ MORE



Al-Jazeera English (CC-BY-ND)

The Sleeping Giants of Tiny Bahrain

Washington’s tendency to handle the Bahraini monarchy with kid gloves and to defer to the Saudis is ill serving the stability of the Persian Gulf. Risking the radicalization of Bahrain’s Shiite community may be a very bad idea.

Posted on Mar 29, 2011 READ MORE



AP / Jacques Brinon

The Collapse of Globalization

The last people who should be in charge of our food supply or our social and political life, not to mention the welfare of sick children, are corporate capitalists and Wall Street speculators.

Posted on Mar 28, 2011 READ MORE


Paradox and Principle in the New Mideast

The paradoxes of Libya merely underline the broader problem that we face in the sudden democratic turmoil of the Mideast.

Posted on Mar 24, 2011 READ MORE


Why the GOP Is Obsessed With ‘Leadership’

Leaders do not operate in a vacuum. When they make strategic adjustments, their opponents do too. President Obama has prompted just such a pivot by Republicans.

Posted on Mar 24, 2011 READ MORE



AP / Jerome Delay

Be Consistent—Invade Saudi Arabia

Once again an American president summons the passions of a human rights crusade against a reprehensible ruler whose crimes, while considerable, are not significantly different than that of dictators the U.S routinely protects.

Posted on Mar 23, 2011 READ MORE


The Libyan Question: Now What?

Neither Europe nor Washington has a United Nations mandate to depose and arrest Gadhafi and seek his indictment by international courts. Nor do they have a mandate to overturn the existing government in Libya, install a new one, build democracy, etc.

Posted on Mar 22, 2011 READ MORE



U.S. Navy MC2 Jesse B. Awalt

Those Useful Tyrants

Anyone looking for principle and logic in the attack on Moammar Gadhafi’s tyrannical regime will be disappointed.

Posted on Mar 21, 2011 READ MORE


The Policy Bracket

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Posted on Mar 19, 2011 READ MORE


Bloody Unrest

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Posted on Mar 18, 2011 READ MORE


‘Background Briefing’: Rising Oil Prices Explained

University of Maryland professor Michael Greenberger, former director of the Division of Trading and Markets at the Commodity Futures Trading Commission, explains the rising cost of oil. His answer—not international turmoil, not Japanese disaster.

Posted on Mar 17, 2011 READ MORE


You Bet Your Sweet Gas!

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Posted on Mar 17, 2011 READ MORE    


Protect the Oil Zone

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Posted on Mar 15, 2011 READ MORE



Flickr / cliff1066™(CC-BY)

Fed Makes More Hopeful Noises

The latest economic assessment-slash-prognostication from the Federal Reserve isn’t all bad—in fact, CNN Money goes so far as to characterize it as relatively “bullish,” despite mitigating factors such as soaring oil prices and the crisis in Japan.

Posted on Mar 15, 2011 READ MORE


No Such Thing as Risk-Free Nuclear Power

Nuclear power was beginning to look like a panacea—a way to lessen our dependence on oil, make our energy supply more self-sufficient and significantly mitigate global warming, all at the same time. Now it looks more like a bargain with the devil.

Posted on Mar 15, 2011 READ MORE



bbc.co.uk

Pro-Gadhafi Forces Make Headway in Oil Ports

The struggle for control of Libya continued Thursday, with Col. Moammar Gadhafi’s forces reportedly gaining ground in the oil ports of Ras Lanuf and Sidra, sending rebels into retreat from those strongholds and claiming civilian lives in the ongoing conflict.

Posted on Mar 10, 2011 READ MORE


Gas Liberty

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Posted on Mar 9, 2011 READ MORE



Adam Zyglis, Cagle Cartoons, The Buffalo News

Obama Has 11 Options in Libya, None Ideal

Although Barack Obama may be a touch too thoughtful to be a president in the decisive mold of a Harry Truman, he does have a lot to think about. I count at least 11 options in Libya, all of them risky.

Posted on Mar 8, 2011 READ MORE



AP / Mahesh Kumar A.

This Time We’re Taking the Whole Planet With Us

We seem condemned as a species to drive ourselves and our societies toward extinction, although this moment appears be the denouement to the whole sad show of settled, civilized life that began some 5,000 years ago.

Posted on Mar 7, 2011 READ MORE


The Overthinker

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Posted on Mar 6, 2011 READ MORE


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