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Oil and Gas Industry

Talking about Climate Change, Even if Politicians Aren't

Judith Samuelson | Posted 11.12.2012 | Business
Judith Samuelson

While Exxon, Shell and the rest of the industry continue to pour billions into gas and oil exploration, it is becoming clear that the planet cannot sustain the use of the assets already on the books, which would mean that the value of some fossil fuel companies is greatly overstated.

Crony Capitalism's Unofficial Mascot Rails Against... Crony Capitalism

Posted 09.10.2012 | Business

It’s time to put an end to crony capitalism, says huge beneficiary of crony capitalism. Charles Koch, the CEO of the notorious Koch Industries, ...

Fracking Truth to Fracking Power

Sandra Steingraber | Posted 10.01.2012 | Green
Sandra Steingraber

The scientific analysis that is supposed to provide our Governor the facts and information he needs to make a crucial decision was crafted with the guidance of the gas industry, not of the state's scientists.

At Rio+20 Earth Summit, Two Places Where World Leaders Should Start

Frances Beinecke | Posted 08.20.2012 | Green
Frances Beinecke

World leaders are arriving here in Rio to address some of the most daunting issues facing our planet. To be sure, the myriad problems we now face because we haven't taken more action to address global warming and sustainable development can seem daunting. Here's where to start.

North And South America Could Become Major Oil Players

The Washington Post | JUAN FORERO | Posted 05.26.2012 | Business

LOMA LA LATA, Argentina — In a desertlike stretch of scrub grass and red buttes, oil companies are punching holes in the ground in search of what mi...

Petro Plutocracy

Robert F. Kennedy Jr. | Posted 07.08.2012 | Green
Robert F. Kennedy Jr.

Last week the world got a preview of America's new, post-Citizens-United petro plutocracy, with the oil lords flexing their political muscles like oil-soaked bodybuilders pumped up on a steroid drip of campaign dollars. It was all about fracking.

Dan Froomkin

Corporate Giving That Gives Up On Appearances Of Bipartisanship | Dan Froomkin | Posted 04.26.2012 | Politics

WASHINGTON -- Money traditionally follows power in the nation's capital. As a result, corporate campaign contributions have historically been split am...

Dan Froomkin

SEC Stall Leaves Critical Rules More Than A Year Overdue | Dan Froomkin | Posted 04.17.2012 | Business

WASHINGTON -- A full year after the official deadline came and went, key regulations necessary to enforce the Dodd-Frank financial reform law remain ...

Obama Administration Must Say No to Industry Loopholes in Natural Gas Fracking Standards

Frances Beinecke | Posted 06.12.2012 | Green
Frances Beinecke

Now is the time to hold energy companies accountable for the pollution they create. For far too long, they have run roughshod over the health and well being of American communities and ordinary people are paying the price.

Farming Versus Fracking: The Battle For Water

Posted 04.03.2012 | Denver

While there has always been competition for water in Colorado, today's contenders no longer just include farmers, but the oil and gas industry too. ...

Lucia Graves

Pro-Fracking Filmmaker Make His Point In Big Way | Lucia Graves | Posted 03.22.2012 | Green

WASHINGTON -- Irish filmmaker Phelim McAleer, who famously attacked Al Gore over global warming issues, stepped up his support for fracking on Thursda...

Dan Froomkin

Auction 2012: Energy Lobby Finds Power In Money And Fear | Dan Froomkin | Posted 01.31.2012 | Politics

Auction 2012 is a weeklong series in collaboration with "The Dylan Ratigan Show" and United Republic. When George W. Bush overruled scientists at t...

Shale Gas Bubble: Insiders Suggest Fracking Boom Is a Bust

Brendan DeMelle | Posted 03.12.2012 | Green
Brendan DeMelle

The New York Times and now Bloomberg have both exposed the fact that the economics of risky and expensive unconventional gas recovery simply don't match up with industry geologists' claims of a "nearly limitless" supply.

Alex Wagner

Apple vs. Exxon: The Triumph of Tech Over Oil? Not So Fast | Alex Wagner | Posted 10.11.2011 | Business

As Apple overtook Exxon Mobil this week as the most valuable company in the U.S., tech analysts were crowing about the striking turnaround of a compan...

Is the Natural Gas Industry Fracking Itself?

Mitchell J. Rabin | Posted 09.04.2011 | Green
Mitchell J. Rabin

While much is yet to be discovered about the full effect of hydrofracking, what is known to date would suggest that the gas industry would want to really take a good look at developing a long-term investment strategy of renewable resources, quickly.

Dan Froomkin

CHART: Oil Subsidies Repeal Blocked By Industry-Bankrolled Senators | Dan Froomkin | Posted 07.18.2011 | Politics

WASHINGTON -- An attempt to repeal some of the billion-dollar tax breaks enjoyed by the five biggest oil companies failed in the Senate Tuesday evenin...

Dan Froomkin

Republicans Who Opposed Oil Subsidies Are Now Hedging On Repeal | Dan Froomkin | Posted 07.13.2011 | Politics

WASHINGTON -- Democrats trying to get political mileage out of their push to repeal multi-billion dollar subsidies to the thriving oil and gas industr...

Dan Froomkin

Democratic Senator Calls Big Oil Execs Selfish, Unfeeling -- And Unbeatable | Dan Froomkin | Posted 07.12.2011 | Politics

WASHINGTON -- The unapologetic -- indeed combative -- testimony on Thursday by top oil executives summoned to defend multi-billion tax subsidies for t...

Republicans Continue to Alienate Voters: This Time on the Environment

Margie Omero | Posted 06.18.2011 | Green
Margie Omero

Americans do not want to see weakened protection of environment. Republicans -- once again -- risk overplaying their hands by showing such enthusiasm for unpopular positions.

Oil Refiners Ink $7 Billion Meger

Posted 05.25.2011 | Business

BANGALORE Feb 22 (Reuters) - Refiners Holly Corp and Frontier Oil Corp will merge to create a company with an enterprise value of $7 billion to tap in...

The Hydraulic Fracturing Dilemma, and Danger

Robert L. Cavnar | Posted 05.25.2011 | Green
Robert L. Cavnar

It's time for the industry to take a pause on frac'ing, similar to the pause we continue to experience in the deepwater, and take the time to determine harmful practices and materials, then replace these techniques with safer operations.

BP Will Start Paying Dividends Again

Bloomberg | Brian Swint | Posted 05.25.2011 | Business

BP Plc, Europe's second-biggest oil company, reinstated the dividend and will sell two U.S. refineries as it recovers from the Gulf of Mexico spill. ...

Firm Offers Journalists Cash For Their Opinions On Oil, Gas Industries

Washington Post | Paul Farhi | Posted 05.25.2011 | Business

News reporters are supposed to keep their opinions out of their copy. They certainly aren't supposed to sell them back to the people they cover. Ye...

Water or Gas? Karl Rove, Cheney, and Cohorts Weighing In On Key NY Race

Alison Rose Levy | Posted 05.25.2011 | Green
Alison Rose Levy

We can't allow private industry to go unchecked for the sake of profits.

American Petroleum Institute's Revisionist History on Climate Change Position

Brendan DeMelle | Posted 05.25.2011 | Green
Brendan DeMelle

The American Petroleum Institute, the trade group for the oil and natural gas industry, is trying to re-write history by claiming that it has remained...