tar sands

The Shrinking Oil Industry

May 16, 2017
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.
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Why an Oil Glut May Lead to a New World of Energy

Aug 14, 2015
While most oil-company executives continue to insist that a turnaround is sure to occur in the near future, some analysts are beginning to wonder if oil's diminished profitability doesn’t actually signal a fundamental transformation of the industry.

A Magical Mystery Tour of American Austerity Politics

Jun 10, 2015
Numerous cities and school districts in Michigan are now run by single, state-appointed technocrats. This arrangement not only strips residents of their local voting rights but also gives appointees of the state's austerity-promoting governor the power to do just about anything, including dissolve the cities themselves, all in the name of “fiscal responsibility.”