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Crude Oil

BP's Clean Water Act Fines Will Be Smaller Than Gulf States Thought

Susan Buchanan | Posted 01.25.2015 | Green
Susan Buchanan

BP acted with gross negligence in precipitating the April 20, 2010 spill, Barbier ruled last September. This mid-January, he found that BP wasn't grossly negligent or reckless in its source-control efforts to stop the spill.

Saudi Prince: Oil Will Never Be $100 A Barrel Again

CNBC | Everett Rosenfeld | Posted 01.23.2015 | Business

CNBC The world will never again see the price of oil at $100 per barrel, according to one of Saudi Arabia's biggest investors. Prince Alwaleed B...

Back To Basics: Why Conventional Drilling Makes Sense in 2015

James Stafford | Posted 01.14.2015 | Business
James Stafford

This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical.

Bernie Sanders: Passing Keystone XL Means A 'Significantly Less Habitable' Planet

The Huffington Post | Amber Ferguson | Posted 01.14.2015 | Politics

As the Senate prepares to vote on whether climate change is real as part of the proposed Keystone Pipeline bill, Sen. Bernie Sanders (I-Vt.) strongly ...

Kate Sheppard

Senate Expected To Vote On Whether Climate Change Is Real, As Part Of Keystone Bill

HuffingtonPost.com | Kate Sheppard | Posted 01.14.2015 | Politics

WASHINGTON -- The Senate agreed Tuesday to move to debate on amendments to legislation that would force approval of the Keystone XL pipeline, another ...

Oil Prices Actually Aren't That Low, Historically Speaking

The Huffington Post | Mark Gongloff | Posted 01.13.2015 | Business

Oil is cheap, but it could still be cheaper. Everybody's talking about how oil prices have crashed from more than $100 a barrel to less than $50 a ...

Oil Prices Drop Below $60 For First Time In More Than 5 Years

AP | Posted 12.24.2014 | Business

The price of oil fell below $60 for the first time since July 2009 on Thursday and ended trading in New York at $59.95. Benchmark U.S. crude oil dr...

Challenging (Crude) Convention

Daniel Davis | Posted 01.17.2015 | Business
Daniel Davis

Instead of being on the dawn of a new age of plenty, a careful analysis of all available data indicates the probability of near to mid-term trouble even maintaining current levels of production, let alone eliminating the chasm between US production and consumption.

Fed Measures on Crude Oil Fall Short, Put Hudson River at Risk

Ned Sullivan | Posted 12.21.2014 | Green
Ned Sullivan

The federal government has the responsibility to ensure the public's safety. Until Washington steps up and fulfills this obligation, we'll have to keep on holding our breath.

Oil, Rail Industries Want 7 Years To Fix Tank Cars

AP | By JOAN LOWY | Posted 11.30.2014 | Green

WASHINGTON (AP) — The oil and railroad industries are urging federal regulators to allow them as long as seven years to upgrade existing tank cars t...

Canada's Shale Boom: More to Come in Montney

James Burgess | Posted 11.19.2014 | Business
James Burgess

A pervasive hydrocarbon system in the Western Canada Sedimentary Basin (WCSB) in Alberta and British Columbia, the Montney is estimated to hold 2,200 trillion cubic feet of gas, almost 29 billion barrels of natural gas liquids and over 136 billion barrels of oil.

Planned Tuscaloosa Marine Shale Lodges Akin to Man Camps Elsewhere

Susan Buchanan | Posted 11.15.2014 | Business
Susan Buchanan

As oilfield and service staff reach a critical mass, particularly in southwest Mississippi, communities want to build crew lodges for them.

Big Rail Cites Bin Laden, Al Qaeda to Fight Oil-by-Rail Route Transparency

Steve Horn | Posted 10.20.2014 | Green
Steve Horn

While many states around the U.S. have released information to the public about the frequency and routes of trains carrying oil obtained from hydraulic fracturing ("fracking") in North Dakota's Bakken Shale basin, holdouts still remain. Why the delay? Homeland security concerns, claim some companies.

Fossil Fuel Transport Leads to a Crude Awakening

Marc Yaggi | Posted 09.21.2014 | Green
Marc Yaggi

The railways need to learn from the Exxon Valdez spill and put in place preventive measures to protect the environment before we see the rail equivalent of a Valdez disaster.

The Future of U.S. Energy

Brigham A. McCown | Posted 09.16.2014 | Green
Brigham A. McCown

With enormous supplies and massive investments in natural gas and oil in the US, the nation's domestic supply of energy continues to grow at a record ...

Looking for the Next Oil Boom? Follow the Tech

James Stafford | Posted 09.14.2014 | Business
James Stafford

Regardless of pipeline capacity, Permian Basin crude is shaping up to be the next big oil boom thanks to new technology.

Translation of Leaked European Union Trade Document: Climate Disaster

Ilana Solomon | Posted 09.07.2014 | Green
Ilana Solomon

The document, similar to a previously leaked EU proposal for a chapter on energy which I wrote about here, makes it clear that the EU is looking to use this secretly negotiated trade pact as a back-door channel to get automatic, unfettered access to U.S. fracked gas and oil.

Kate Sheppard

Secret Trade Doc Calls For More Exports Of U.S. Oil And Gas To Europe

HuffingtonPost.com | Kate Sheppard | Posted 07.08.2014 | Politics

WASHINGTON -- The European Union is making its desire to import more oil and natural gas from the United States very clear in the course of discussion...

Bakken Trains

J Henry Fair | Posted 08.27.2014 | Green
J Henry Fair

There has been an alarming rise in the incidence of train accidents in the last two years involving the derailment of tanker cars carrying crude oil, spilling large volumes of toxic crude oil into waterways.

When a Public Hearing Isn't for the Public; Oil Train Hearing in Spokane, WA Leaves Public Frustrated

Bart Mihailovich | Posted 08.18.2014 | Green
Bart Mihailovich

If this truly was a hearing for Spokane, by Spokane, we most certainly would have seen, and would have been right to expect to see presentations or statements from various response or regulatory agencies in the area who would be responsible if something were to happen in Spokane.

Sky Could Fall on North Dakota's Oil If We're Not Careful, Shale Boss Says

Daniel J. Graeber | Posted 07.28.2014 | Business
Daniel J. Graeber

All parties with a collective interest in seeing the North Dakota oil experiment succeed need to work together because, right now, the boss at the largest stakeholder in the Bakken shale says opponents are drawing a bead on the region. And it's not just exploration and production that's a concern.

Rail Town Residents Fear Impacts Of Increased Oil Train Traffic

Reuters | Posted 07.25.2014 | Green

By Joshua Schneyer, Rory Carroll and Richard Valdmanis May 25 (Reuters) - Albany, New York Sheriff Craig Apple assured a room of conce...

Transatlantic Trade Pact Endangers Action on Climate

Ilana Solomon | Posted 07.19.2014 | Green
Ilana Solomon

The health of our families and our communities are indeed in danger. A newly proposed trade deal with the European Union threatens our climate and hinders the ability of governments and communities to tackle the crisis of climate change.

Zach Carter

Drill Baby Drill: The Secret Trade Memo

HuffingtonPost.com | Zach Carter | Posted 05.19.2014 | Politics

WASHINGTON -- The European Union is pressing the Obama administration to expand U.S. fracking, offshore oil drilling and natural gas exploration under...

Threats to the Southern Hills Aquifer System Grow in Louisiana

Susan Buchanan | Posted 07.19.2014 | Green
Susan Buchanan

Fracking companies claim that drilling, when done properly, is no threat to drinking water. But in late 2011, the EPA said fluids used to drill for natural gas most likely polluted an aquifer near Pavillion, Wyoming.