oil industry
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Critical List: Floods herald largest Gulf dead zone on record; the Senate hearts ethanol
Louisiana fishermen can't catch a break. Flooding on the Mississippi River could create the largest dead zone in the Gulf of Mexico on record.
Louisiana, in general, can't catch a break. A plant that blends chemicals used in oilfields exploded on Tuesday.
The Senate decided against ending subsidies for corn-based ethanol in a vote that split, not just along party lines, but also between Big Ag states and everyone else.
Google's newest clean energy investment hands $280 million to a solar company that leases panels to customers. -
Critical List: Sarah Palin’s emails on oil; Firefighters gaining ground on wildfire
Sarah Palin's emails show that even in private that she's not Big Oil's best buddy. In Arizona, the population of two towns was allowed to return home, and firefighters said they were more confident about containing the fire. Obama is visiting an LED manufacturer before convening his jobs council today; NPR asks if investing in […]
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Critical List: Tornado hits Joplin, Missouri; Chicago preps for climate change
A half-mile wide tornado leveled a Missouri town. And another volcano in Iceland poured ash into the sky. Cut it out, nature, we get it: you don't like airplanes. In Chicago, government officials not only believe in climate change, they are preparing the city for a steamier future. Local officials have been leading on adaptation […]
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Oil bigwigs whine about proposed subsidy cuts
Five oil bigwigs spent this morning complaining to Congress that cutting subsidies to their companies would be, at the very least, "anticompetitive" (Chevron's John Watson) and at worst "misinformed and discrimnatory" (ExxonMobil's Rex Tillerson). The Senate is planning on voting this week on a bill to cut subsides to the five biggest oil companies. The […]
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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 oil companies. If you ask anyone else, they pay a lower rate than the average […]
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House Dems to corner Republicans into admitting they love Big Oil
House Republicans are planning on voting this afternoon to rev up offshore oil drilling again, and Democrats are taking the opportunity to prove that Republican's hatred of national deficits cannot outweigh their love for oil companies. Right now, oil companies get billions of dollars in tax breaks under a domestic manufacturing provision in the tax […]
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Are the Kochs to blame for gas prices?
Remember when we said that, despite an upcoming Republican onslaught of not-intended-to-be-factual statements, Obama is not to blame for high gas prices? Well, guess who is? Maybe Koch Industries, according to ThinkProgress. Koch Industries has openly speculated in "contango" oil market manipulation, buying up crude oil and storing it offshore to artificially drive down supply. […]
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Are Canada’s disastrous tar sands coming your way?
Alberta’s scenic tar sands.Photo: Suncor EnergyThis essay was originally published on TomDispatch and is republished here with Tom’s kind permission. For years, “not in my backyard” has been the battle cry of residents in Cape Cod who stand opposed to an offshore wind farm in Nantucket Sound. The giant turbines will forever mar the beauty […]
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Oil company ‘fesses up, feigns surprise about spill
Well, now we know the source of the renewed oil assault on Louisiana's shores. Oil company Anglo-Suisse Offshore Partners has admitted that it had a "minor leak" while plugging a disused oil well. In some kind of Chanukah miracle, the five gallons of crude they admit to spilling turned into a 30-mile-long wash of oil […]