Oil

Oil

Senate Republicans filibuster to protect oil-industry subsidies — after getting gusher of oil money

Cross-posted from Think Progress. On Tuesday night, Republicans in the Senate filibustered the majority’s attempt to repeal $21 billion in subsidies for the big five oil companies — the same companies that made over $30 billion in profits in just …

Oil

Six irrational ideas about oil and gas prices debunked

Let’s give these cuckoo ideas a reality check.Photo: Jeremy BrooksCross-posted from New Deal 2.0. It’s not pretty when several irrational ideas collide. On May 12, the Senate conducted a hearing to discuss the removal of a $2 billion per year …

Oil

Ending Big Oil’s tax holiday

Will Congress finally end government handouts for Big Oil?Cross-posted from the Center for American Progress. The Senate plans to vote tonight on the Close Big Oil Tax Loopholes Act — legislation that would eliminate $21 billion of tax loopholes over …

Politics

Obama’s oil plan shows he still doesn’t get post-truth politics

In his weekly address, Obama once again promoted an energy plan that centrally involves increased domestic drilling for oil and gas. You can read the ugly details at The New York Times or Politico. Here’s the political thinking that informs …

Biofuel

Some biofuels worse than dirtiest fossil fuels

If you fuel your truck with biodiesel made from palm oil grown on a patch of cleared rainforest, you could be putting into the atmosphere 10 times more greenhouse gasses than if you’d used conventional fossil fuels. It's a scenario …

Oil

Americans to Big Oil: We’ve got your number

Skimmed oil from the Gulf is pumped into recovery trucks.Photo: BP AmericaCross-posted from the Center for American Progress. This post was coauthored by Valeri Vasquez, special assistant for energy policy at the Center for American Progress. The numbers don’t lie. …

Oil

Keystone pipeline spilled tar-sands oil 11 times in past year. Do we really want to supersize it?

The routes of the existing and proposed Keystone pipelines. Image: RL MillerThe State Department is currently weighing whether to approve the Keystone XL pipeline, which would carry tar-sands oil some 2,000 miles southward, from Alberta, Canada, to Houston and Port …

Animals

Critical List: Oil industry clinging to subsidies, Monsanto continues world takeover

Oil industry leaders will testify before Congress today. Their message: Cutting oil subsidies is discrimination! Expand oil and gas production, instead, because that’s somehow good for everybody. And, anyway, oil companies pay more than enough taxes, if you ask the …

Animals

Critical List: Biofuels kinda suck, biomass kinda sucks, Toys ‘R’ Us embraces solar

The Fish and Wildlife Service has promised to evaluate the endangered status of 251 species in the next six years, if only so those pesky enviros will be quiet for a bit. The country's largest rooftop solar-energy field will be …