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Oil Industry

Deepak Chopra on Mumbai: Too Controversial for CNN?

Michelle Haimoff | Posted 05.25.2011 | Politics
Michelle Haimoff

Deepak Chopra went on CNN Wednesday night to give his take on the Mumbai attacks and how to prevent similar attacks in the future, but producers cut Chopra off when he started to get too controversial.

Bowoto v. Chevron: Approaching the Arguments

Scott Gilmore | Posted 05.25.2011 | Politics
Scott Gilmore

Why do police negotiators generally refuse to pay ransom for hostages? To do so would actually encourage more kidnappings by providing an incentive to would-be kidnappers.

Quantum of Solace: James Bond Goes Green!

Darrell Hartman | Posted 05.25.2011 | Entertainment
Darrell Hartman

This second Craig installment in the refreshed franchise couldn't care less about weapons of mass destruction. The movie's main plot twist is that water is the new oil.

Three Strikes Against John McCain

Marguerite Manteau-Rao | Posted 05.25.2011 | Green
Marguerite Manteau-Rao

The fact that we hold only 3% of the world's oil reserves, and yet consume 25% of it, makes it clear that we cannot drill our way out of our current energy dependence.

Palin Supported "Share In The Wealth" Programs In Alaska

Think Progress | Posted 05.25.2011 | Politics

In recent days, Gov. Sarah Palin (R-AK), has begun referring to Sen. Barack Obama (D-IL) as "Barack the Wealth Spreader," referring to his proposed ta...

As the Bush Years Wind Down the New York Times Signals Hard Times Ahead for Russia, Venezuela, Iran

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Against the interests of the nation this administration has permitted, even encouraged the dramatic transfer of wealth to oil interests in dimensions beyond the fondest dreams of Croesus.

Cuba Reports Discovery Of 20 Billion Barrels Of Oil

The Guardian | Rory Carroll | Posted 05.25.2011 | Business

Friends and foes have called Cuba many things - a progressive beacon, a quixotic underdog, an oppressive tyranny - but no one has called it lucky, unt...

Drilling Would Help No One But Mismanaged Oil Industry

Steve Colby | Posted 05.25.2011 | Home
Steve Colby

Oil companies pump millions of barrels of oil from US Federal lands... While American Taxpayers receive pennies in return. Why? Listening to oil indu...

Hurricane Gustav and Our Strategic Petroleum Reserve

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

What is the Strategic Petroleum Reserve for if not a situation such as this? But don't count on this administration to do anything to contain the price of oil and thereby bring consternation to their cronies in the oil patch.

Peak Oil Reader: Where To Start Learning About Peak Oil

Huffington Post | Barbara Fenig | Posted 05.25.2011 | Green

Peak oil is the point at which worldwide oil production is reached. Once the oil supply peaks, petroleum extraction will decline, prices will increase...

Who's Getting The Oil Industry's Support? Obama Favored By Exxon Employees, McCain Raised More Oil Money

Kate Sheppard | Posted 05.25.2011 | Green
Kate Sheppard

While McCain has brought in three times more money from the oil and gas industry, Obama is the favored candidate of executives from several of the biggest companies, including ExxonMobil, according to reports from Federal Election Commission as of July 29, 2008.

How To Get Your Town Off Oil

Chelsea Green | Rob Hopkins | Posted 05.25.2011 | Green

You might, hopefully, be thinking that you would like to start a Transition Initiative in your community. You might be looking around you and wonderin...

Iraqi Budget Surplus Of $79 Billion Expected Thanks To Soaring Oil Prices

The New York Times | James Glans | Posted 05.25.2011 | Politics

The soaring price of oil will leave the Iraqi government with a cumulative budget surplus of as much as $79 billion by year's end an American federal ...

Offshore Drilling, Obama Vs. McCain: Campaigns Spar Over Oil

AP | DOUGLASS K. DANIEL | Posted 05.25.2011 | Green

WASHINGTON — The different paths John McCain and Barack Obama have taken to support expanded offshore drilling for oil demonstrate how each woul...

Pickens Calls For "Army" To Support Energy Plan

Yahoo | Carey Gillam | Posted 05.25.2011 | Green

TOPEKA, Kansas (Reuters) - Energy tycoon T. Boone Pickens said on Wednesday he is creating an "army" of business leaders and mainstream Americans to l...

Oil Industry Floods McCain With Cash After Offshore Drilling Reversal

Washington Post | Matthew Mosk | Posted 05.25.2011 | Politics

Campaign contributions from oil industry executives to Sen. John McCain rose dramatically in the last half of June, after the senator from Arizona mad...

Bush is the Oil Companies' Scott McClellan

Tom D'Antoni | Posted 05.25.2011 | Politics
Tom D'Antoni

Everything out of Bush's mouth concerning oil drilling, oil prices, oil anything should be treated as what it is, a message from the oil companies.

Oil Reaches Historic Highs While OPEC Holds Us in Contempt

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Neither our citizenry nor those in government has petitioned or acted to seriously cut back this nation's voracious oil consumption, the largest by far on the planet.

Oil Prices Down: Crude Oil Prices Drop More Than $8 In 2 days

AP | ADAM SCHRECK | Posted 05.25.2011 | Green

NEW YORK — Oil tumbled more than $5 a barrel Tuesday in its second big drop this week, hurling crude back to levels not seen since June 26 as tr...

Shell Shuts Down Nigerian Oil Field After Attack

AP | EDWARD HARRIS | Posted 05.25.2011 | Business

LAGOS, Nigeria — Militants in speedboats raided an oil installation off Nigeria's southern coastline on Thursday, forcing Royal Dutch Shell to s...

Oil Industry Not Done Right By Hollywood

Mike LaMonica | Posted 05.25.2011 | Entertainment
Mike LaMonica

As a lifelong oilman, I've been disappointed by the way Hollywood has portrayed my industry. So when I was approached about the development of Black Gold, my initial response was a profound "no."

Oil Prices 101: What Goes Into Today's High Prices?

CNN | Posted 05.25.2011 | Green

Oil, Supply, Demand, Speculation, Failing Dollar, oil prices, crude oil prices, oil, oil companies, big oil, oil industry, peak oil...

Conservatives Addicted to Big Oil

Bill Scher | Posted 05.25.2011 | Green
Bill Scher

Conservatives are protecting oil companies from having to compete with other energy producers on a level playing field, denying consumers a real choice for their energy needs.

Oil's Largest One-Day Gain On Record: Thank You, Mr. Bernanke

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Basically, Bernanke signaled to the markets and the world at large that high prices were not an issue for this government, nor would they be as oil prices moved higher still.

The Coming Oil Boom

Wall Street Journal | HOLMAN W. JENKINS, JR. | Posted 05.25.2011 | Green

With a couple billion Chinese, Indians and others joining the global marketplace, they will need energy, and lots of it. The price mechanism is our on...