Big Oil Profits

A New Energy Third World in North America?

Michael T. Klare | Posted 04.01.2012

Read More: Tar Sands, Tar Sands Action, Big Oil, Keystone XL Pipeline, Big Oil Subsidies, Keystone XL, Big Oil Profits, North American Oil, Deep Sea Oil Drilling, Gas Prices, Big Oil Alaska, Oil North America, Green News

Will the oil curse become as familiar on this continent in the wake of a new American energy rush as it is in Africa and elsewhere? Will North America, that is, become not just the next boom continent for energy bonanzas, but a new energy Third World?

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It's Up to the 99% to Insist Upon a Better Form of Capitalism

Peter Smirniotopoulos | Posted 04.08.2012

Read More: Paris Hilton, U.S. Economy, Global Economy, Economy, We Are the 99 Percent, Elections 2012, Mitt Romney, Big Oil Profits, Clean Air Act, GOP Candidates, Politics, The One Percent, Apple Ipad, Apple Iphone, Big Oil, Newt Gingrich, Kim Kardashian, Michael Vick, Politics News

It's time for the 99% to put up or shut up; time to "vote with our wallets and pocketbooks"; time to act as much like the "good global citizens" our rhetoric suggests we want everyone else in the world to be.

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Oil Bash: Dems Hit GOP Again For Guarding Record Profits, Tax Breaks

HuffingtonPost.com | Michael McAuliff | Posted 12.27.2011

Read More: Dscc, Video, Oil Tax Breaks, Democratic Senatorial Campaign Committee, Oil, Oil Profits, Elections 2012, Oil Profits Republicans, Nrsc, National Republican Senatorial Committee, Big Oil Profits, Politics News

WASHINGTON -- The Democrats' Senate campaign committee is making good Thursday on its promise to try to tar several GOP contenders with their votes pr...

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Recession? What Recession? Oil Profits Boom Amid The Gloom

HuffingtonPost.com | Dan Froomkin | Posted 09.28.2011

Read More: Bp, Gas Prices, High Gas Prices, Stock Buybacks, Big Oil, Conocophillips, Oil Subsidies, Exxon Mobil, Big Oil Subsidies, Chevron, Big Oil Profits, Shell, Oil Industry Profits, Business News

WASHINGTON -- The sputtering economy, high unemployment rate and punishing gas prices are taking a huge toll on average Americans, but at least somebo...

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Ending Taxpayer Subsidies for Big Oil

Sen. Claire McCaskill | Posted 07.12.2011

Read More: Senate, U.S. Senate, Big Oil Profits, Claire McCaskill, Oil Company, Big Oil, Gas Prices, Oil Subsidies, Cost of Gas, Green News

This week, I helped introduce the Close Big Oil Tax Loopholes Act in the Senate, which will take away $2 billion in annual subsidies American taxpayers hand to the most profitable corporations in the world.

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If These Gas Prices Keep Going Up, I Swear I Will Keep Paying Them

James Napoli | Posted 07.11.2011

Read More: Gas Prices, Automobiles, Gasoline, Oil Prices, Oil, Cars, The Economy, Big Oil Profits, Tax Subsidies, Big Oil, Tax Cuts for the Rich, Comedy News

I hereby declare that if the price of gasoline keeps going up, I shall have no other option but to continue paying whatever they ask for it.

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How High Gas Prices Impoverish The Many While Enriching The Few

HuffingtonPost.com | Dan Froomkin | Posted 06.29.2011

Read More: Gas Prices, Gasoline Prices, Stock Buybacks, Oil Q1 2011, Q1 2011, Big Oil, Conocophillips, Exxonmobil, Oil Prices, Big Oil Profits, Oil Industry Profits, Politics News

The next time you're gritting your teeth as you fill your tank with $4 gas, here's something to consider: Your pain is their gain. The last of the ...

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Big Oil's Sleight of Hand

Bill Meadows | Posted 05.25.2011

Read More: Energy, Gas Prices, Big Oil, Renewable Energy, Oil, Oil Prices, Rising Oil Prices, Big Oil Profits, Green News

As long as the oil companies can convince Americans that more domestic drilling will lower the price of gas, which it won't, the industry is off the hook for its three biggest scams.

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Waking America From the BP Nightmare

Rep. Ed Markey | Posted 05.25.2011

BP's spill safety response plans include references to protecting walruses, which have not called the Gulf of Mexico home for 3 million years. The American people deserve oil safety plans that are ironclad and not boilerplate.

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Secret Weapons: James Bond, the Whales and the White House

Michelle Kraus | Posted 05.25.2011

Read More: The Humane Society, Environmental Policy, Nrdc, President Obama, Environmentalism, Obama Administration, Whales, Big Oil Profits, Keely Shaye-Smith, Obama Environment, Save the Whales, James Bond, Humane Society of the United States, ifaw.org, Big Oil, Pierce Brosnan, Impact News

Every U.S. president since Reagan has upheld the standards banning commercial whaling. So let's not reward the bad behavior of countries like Japan, Norway and Iceland for violating international law.

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Exposed: Texas Big Oil Funding Petition to Kill California's Anti-Pollution Legislation

Jonathan Kim | Posted 05.25.2011

Oil refiners Valero Energy Corp. and Tesoro Corp. are funding a petition drive to get a measure on the ballot suspending AB 32, California's landmark law to limit greenhouse gas emissions.

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Beware the Sirens of Big Oil

Riki Ott | Posted 05.25.2011

Read More: Alaska-Drilling, Big Oil Profits, Big Oil, Exxon Valdez Oil Spill, Exxon Valdez, Exxon Mobil, Green News

My advice to coastal residents in the Lower 48: Take heed. We learned the hard way that Big Oil's promises were good only until authorizing laws were passed and permits approved.

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Not All Lobbyists Are Created Equal: The Current Energy Bills

Frances Beinecke | Posted 05.25.2011

Read More: Energy, Gas Prices, Big Oil, Energy Bill, Oil Shale, Global Warming Pollution, Big Oil Profits, Global Warming, Arctic National Wildlife Refuge, Alaska, Shareholders, Lobbyists, Exxon Mobil, Nonprofits, Environmental Advocate, Pet Legislation, Ndrc, Energy Debates, Green News

I am an environmental advocate. Sometimes I travel to D.C. to lobby on behalf of issues NRDC cares about. Big Oil companies dispatch lobbyists to the Hill as well. Does that make us equals?

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Picky About the Pickens Plan

Christiana Wyly | Posted 05.25.2011

"Son, I used to be IN the Oil Lobby! We don't have to worry about them. We the people are more powerful than any lobby any day of the week."

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Facts and Lies about Lowering Oil Prices

Alan Rosenblatt | Posted 05.25.2011

Big Oil makes more money when prices go up and that money is nicely spread among its allies in Congress. Trusting these guys is like trusting your neighborhood pusher.

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Oil Profits Suggest Big Oil May Be Gauging Americans

AP | John Poretto | Posted 05.25.2011

Read More: Oil Prices, Fuel Costs, Gasoline, Oil Profits, Recession Fears, Recession, Big Oil Profits, Big Oil, Business News

Historic oil prices and $3-a-gallon gasoline have been contributing to fears of a recession, but they've yet to cause the hue and cry that some might ...

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