oil
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How design must change in a warming, oil-scarce world
This week I was able to attend a conference on urban planning hosted by the Penn Institute for Urban Research and the Rockefeller Foundation. Fifty years ago, the same entities had put together another urban conference, at which gathered names like Jane Jacobs and Lewis Mumford, intellectuals who shaped the design world’s thinking about cities […]
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IEA: Oil price to rebound to $100 when economy recovers, then soar to $200 by 2030
The staid International Energy Agency is poised to bring a note of sanity back to the oil discussion next week, according to the Financial Times: Oil prices will rebound to more than $100 a barrel as soon as the world economy recovers, and will exceed $200 by 2030, the International Energy Agency will say in […]
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Gingrich shills for Republican energy policy under bizarre guise as energy guru
Newsweek leads off an interview with Newt Gingrich by saying that when it comes to the challenges of energy policy, he "understands these challenges better than most." Says who? What in Gingrich’s writing and record show that he is anything but a party-line conservative Republican on energy? It’s bizarre how the media repeats these things […]
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EPA investigator blows the whistle on BP oil spill case
Way back in March 2006, BP pipelines ruptured and dumped tens of thousands of gallons of crude oil all over the Alaskan tundra. It was the biggest oil spill since the Exxon-Valdez. There was a criminal investigation. And then … there wasn’t. What happened? Seattle’s King 5 has broken the story: Scott West, a top […]
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Geologists predict that oil production will decline within a decade
As I’m sure you’ve noticed by now, gas prices have fallen back from the phenomenal highs of last summer. The immediate cause has been the economic crisis. When credit markets seized up, some companies that wanted to buy oil simply couldn’t get the cash. And perhaps more importantly, the economic slowdown has decreased projections for […]
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Gross
In the wake of record-breaking profits, Exxon continues its fight to pay as little as possible to those scarred by its Exxon-Valdez oil spill.
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Don’t get too used to those low oil prices
This can’t be good: Output from the world’s oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows. Without extra investment to raise production, the natural annual rate of output decline is 9.1 per cent, the International Energy Agency says in its annual report, the World Energy Outlook, […]
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Sarah Palin on spreading the oil wealth in Alaska
“We’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” — Gov. Sarah Palin, speaking to the New Yorker several weeks before she was nominated for vice president, on Alaska’s brand of socialism collective ownership
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Longest-serving Republican in Senate found guilty of concealing gifts on disclosure forms
Jurors have convicted Alaska Sen. Ted Stevens of lying on Senate disclosure forms in order to conceal home renovations and other gifts he received from the oil-field engineering firm VECO Corp. and its CEO. Stevens was found guilty on all of seven counts against him and now faces up to five years in prison on […]