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Oil Industry

States Where Incomes Are Rising The Fastest

The Huffington Post | Harry Bradford | Posted 04.26.2012 | Business

They don’t call them oil booms for nothing. An oil rush in North Dakota has helped the income of the state's residents grow at a rate significant...

Hillary for President? On the Other Side of the Gauntlet

William Bradley | Posted 06.24.2012 | Politics
William Bradley

It might just be President Hillary Clinton, after all. But what would that mean? Could she move the country forward after a tumultuous period of transition under Barack Obama?

Firm To Pay Big For Using 'The Hammer' To Influence Oil Prices

Reuters | Posted 06.19.2012 | Business

* Dutch firm accused of manipulating oil prices * CFTC case one of largest involving oil price manipulation * No admissi...

Big Oil's Excuses Running on Fumes

Javier Sierra | Posted 06.18.2012 | Green
Javier Sierra

One could think that an industry that has been around for more than a century should be ready to wean itself from the public trough. But Big Oil's power in Congress is formidable.

Iran Agrees To Talk, So Oil Prices Fall

Reuters | Posted 06.09.2012 | Business

* Iran nuclear talks to be held in Istanbul * U.S., allies want end to high-level enrichment * Disappointing U.S. jobs d...

Payola for the Most Profitable Corporations in History

Bill McKibben | Posted 06.05.2012 | Green
Bill McKibben

There's a problem: the very word "subsidies" makes American eyes glaze over. If due attention is to be paid, we have to figure out a language in which to talk about them that will make it clear just how loony our policy is.

Blood Diamond Now Blood Oil in Kenya

Kevin Mbewa Anyango | Posted 06.03.2012 | World
Kevin Mbewa Anyango

The discovery of oil must be good news for people of Turkana who have always felt left out by government of the day. But will people of Turkana really benefit from the excursion? The signs do not look good.

"All of the Above" Can't Deliver All the Benefits the Clean Energy Economy Can

Frances Beinecke | Posted 05.23.2012 | Green
Frances Beinecke

Instead of offering targeted policies, many leaders are suggesting an "all of the above" approach to energy development. The idea is that we should throw everything we have at the problem and see what sticks. It's a misguided strategy that would do more harm than good.

$5 Per Gallon Gas is Coming; Where's Obama's Windfall Profits Tax on the Oil Industry?

Lloyd Chapman | Posted 05.19.2012 | Small Business
Lloyd Chapman

President Obama needs to keep his 2008 campaign promise and pass a windfall profits tax on oil and gas industry. It will help keep the price of gas down, boost the economy and raise revenue to balance the budget.

Clean Air and Public Safety Triumph Over Keystone XL and Dirty Energy in the Senate

Frances Beinecke | Posted 05.09.2012 | Green
Frances Beinecke

In a major victory for public health and the environment, the Senate defeated three dirty amendments on Thursday.

Keystone XL Tar Sands Pipeline Won't Ease Gas Prices; Senate Must Reject It

Frances Beinecke | Posted 05.07.2012 | Green
Frances Beinecke

Pipeline supporters and their allies in Congress are trying to capitalize on rising gas prices by claiming the pipeline would lower prices at the pump. That is patently false.

The Class of Talkers Playing Down the Cost of Fossil Fuel Dependence

Gabe Elsner | Posted 04.12.2012 | Green
Gabe Elsner

The fossil fuel lobby aggressively uses propaganda to block public health protections, manipulate the energy debate, defend their massive government handouts and attack clean energy sources that threaten to displace them.

North Dakota Walmart Evicts Workers Living In Parking Lot

The Huffington Post | Harry Bradford | Posted 02.10.2012 | Business

Apparently one Walmart isn't cool with people squatting in its parking lot. Dozens of workers who have flocked to Williston, North Dakota to benef...

Oil Industry: Electric Cars Are No Threat

Reuters | Posted 04.02.2012 | Green

By Tom Bergin LONDON, Jan 29 (Reuters) - The biggest oil companies in the world have calculated that few, if any, of today's drivers ...

Spill Cleanup? Just a Cost of Doing Business?

Jackie Savitz | Posted 04.01.2012 | Green
Jackie Savitz

Congress and the Administration should be doing much more in response to the Gulf Spill. But at the very least passing the Oil Spill Tax Fairness Act would be a good first step.

Rio+20: The Future We Want Means Taking Action NOW

Kelly Rigg | Posted 03.31.2012 | Green
Kelly Rigg

So here's my message to governments: What's taking you so long? By all means negotiate new targets and goals for 2020 or 2030, for example to improve energy efficiency and massively increase the share of renewable energy worldwide.

Canada Is Making the Wrong Decision on Tar Sands Oil

Kelly Rigg | Posted 03.18.2012 | Green
Kelly Rigg

The Canadian government and its vested oil interests should have realized that in a year that produced the Arab Spring and the Occupy movements, business as usual is no longer good enough.

Obama Must Rein in EPA

Ronnie Shows | Posted 03.12.2012 | Business
Ronnie Shows

The EPA means well, but killing American jobs during a slow growth recovery will not reduce our consumption of oil, or help get President Obama reelected. It will kill jobs here and help elect Mitt Romney. I oppose both.

API Ad Spoof: 'I Vote For Spilling'

The Huffington Post | James Gerken | Posted 01.06.2012 | Green

Will you vote 4 energy? A new Greenpeace video spoof suggests citizens should think twice about the latest ad campaign from the American Petroleum Ins...

Huge Loss For World's Largest Oil Tanker Company

The Huffington Post | John Stephens | Posted 11.23.2011 | Business

Shares of Norway's Frontline Ltd. (NYSE: FRO), the world's largest independent operator of oil tankers, leaked more than 40 percent following a dismal...

How We Know They've Been Lying

Carl Pope | Posted 01.16.2012 | Green
Carl Pope

Keystone was an "export" not an import play, and that its real economic purpose was to reduce the amount of gas and diesel from Canada available to Midwest consumers -- and raise the price.

Can We Avoid Locking Ourselves Into Runaway Climate Change?

Kelly Rigg | Posted 01.14.2012 | Green
Kelly Rigg

It's as if this year the International Energy Agency wanted to grab us by the shoulders and give us a good shake. And coming from an institution that was long considered a cheerleader for the fossil and nuclear industries, we would do well to pay attention.

Victory in Keystone XL Pipeline Fight: Obama Administration Calls for New Review and a Year Delay

Frances Beinecke | Posted 01.23.2014 | Green
Frances Beinecke

I know that revisiting the flawed review process will result in the right answer: America does not need to deepen our oil addiction with this tar sands pipeline.

Multibillion Dollar BP Deal Collapses

Posted 01.06.2012 | Business

HONG KONG/LONDON Nov 6 (Reuters) - BP's plan to sell a stake in its South American unit for $7 billion (4 billion pounds) has collapsed, potentially t...

A Smart Way to Start Rebuilding America

Carl Pope | Posted 01.04.2012 | Green
Carl Pope

There really is no shortage of ways to fund our transportation infrastructure -- if the oil industry and foreign oil producers pay their fair share.