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Tag Archives: Big Oil

The greased wheels of offshore drilling justice

Could there be less of a surprise than the fact that a Louisiana district court judge with financial ties to the offshore oil industry, appointed to the federal bench by Ronald Reagan, granted a preliminary injunction against President Obama’s six-month moratorium on offshore “deepwater” drilling? The real shocker would have been finding a local judge who didn’t have [...]

Waking America from the BP nightmare

Like BP, three other companies include references to protecting walruses, which have not called the Gulf of Mexico home for 3 million years. Two other plans are such dead ringers for BP’s that they list a phone number for the same expert — a man who has been dead since 2005. The American people deserve [...]

Obama Administration Cops to Looming Oil Shortage

In an exclusive interview published March 25 in Le Monde, Glen Sweetnam, the Obama administration’s official expert on the oil market, confirmed nearly every element of the “Peak Oil” scenario that many analysts both in and outside the oil industry have warned of for years: A decline of world oil production could begin soon—perhaps next year, [...]

Iraq veterans hit GOP for aiding terrorists with oil money

Terrorists. They’re trying to kill Americans at home and our troops abroad. And who’s footing the bill for the attacks against us? Oil money. Filtered through secret organizations in the Middle East and countries like Iran. When oil money hands up in the hands of our enemies, Americans pay the ultimate price. We’ve got to [...]

Why senators don’t see the clean energy boom

You might not have heard, because almost nobody reported it, but new clean-energy projects attracted more global funding in 2008 than fossil-fuel projects did. For the first time ever, investors put more money in solar, wind, geothermal, and hydropower than in fuels that must be burned, according to a U.N. report. And when venture-capital funding [...]

States Step Up to Defend Endangerment Finding

Last year, the EPA issued a long awaited set of guidelines on regulating large, stationary sources of CO2. The rules, known as the “Endangerment Finding,” used the authority granted to the agency through a Supreme Court ruling that found CO2 to be a pollutant that the EPA could regulate. While environmentalists, especially those skeptical of Congress’ [...]

What Does Yesterday’s Supreme Court Corporate Spending Decision Mean for the Environment?

In case you missed it, the Supreme Court yesterday decided 5 to 4 to roll back campaign finance laws that limit corporate spending. Oof. The Times calls it “a sharp doctrinal shift” that “will have major political and practical consequences. Specialists in campaign finance law said they expected the decision to reshape the way elections [...]

The Climate Killers

Meet the 17 polluters and deniers who are derailing efforts to curb global warming… via The Climate Killers : Rolling Stone. Warren Buffett, CEO, Berkshire Hathaway (investments) Rupert Murdoch, CEO, News Corporation (Fox News, WSJ, MySpace, etc.) Jack Gerard, President, American Petroleum Institute Rex Tillerson, CEO, ExxonMobile (funding climate denial by the Heritage Foundation) Sen. [...]

Stricter Rules for Oil and Gas Leasing on Federal Land

The reformed policy, which Salazar announced earlier today, will require more detailed reviews before leases are issued, will allow for more public involvement in developing master leasing and development plans, and will shift the focus of new drilling toward areas already being developed. The reforms also create an Energy Reform Team to identify and implement [...]

How Russia Is About to Dramatically Change the World

Over the next few days, Russia will change the world. It has completed a new oil pipeline and port complex that sets Russia up to become a more powerful oil exporter than Saudi Arabia. The ramifications for Europe and Asia are profound: The shape of the global economy—and the global balance of power—will be altered [...]

Which Corporations Are Buying Which Congress Members?

There’s no doubt that oil and coal money sways votes like few other industries. If you want to keep track of which fossil fuel companies are lining the pockets of which US congress members, you need to check out FollowTheOilMoney.org and FollowTheCoalMoney.org. via FollowTheOilMoney.org Shows What Corps Are Buying Which Congress Members : TreeHugger.

U.S. Companies Shut Out as Iraq Auctions Its Oil Fields

“It is difficult for any major oil company not to be in Iraq,” Total’s global exploration and production chief Yves-Louis Darricarrére told TIME last month. Despite intense negotiations, the French company was outbid by an alliance of Shell and Malaysia’s Petronas for Iraq’s giant Majnoon field. Total CEO Christophe de Margerie told TIME last Sunday [...]

Klein Gives Monsanto Award for Worst Climate Lobbyist

Corporate lobbyists (Monsanto, Royal Dutch Shell, and American Petroleum Institute) and their influence over Congress are the single greatest barrier to meaningful climate change reforms, according to Naomi Klein. Monsanto wins the Angry Mermaid award.