Oil and Gas Industry

North And South America Could Become Major Oil Players

The Washington Post | JUAN FORERO | Posted 05.26.2012

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 05.08.2012

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

HuffingtonPost.com | Dan Froomkin | Posted 04.26.2012

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

HuffingtonPost.com | Dan Froomkin | Posted 04.17.2012

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 04.12.2012

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

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

HuffingtonPost.com | Lucia Graves | Posted 03.22.2012

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

HuffingtonPost.com | Dan Froomkin | Posted 01.31.2012

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

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

HuffingtonPost.com | Alex Wagner | Posted 10.11.2011

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

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

HuffingtonPost.com | Dan Froomkin | Posted 07.18.2011

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

HuffingtonPost.com | Dan Froomkin | Posted 07.13.2011

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

HuffingtonPost.com | Dan Froomkin | Posted 07.12.2011

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

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

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 i...

BP Signs $7.2 Billion India Deal

AP | JANE WARDELL | Posted 05.25.2011

LONDON — BP PLC is paying India's Reliance Industries $7.2 billion to take a stake in key oil and gas blocks, gaining a significant foothold in ...

The Hydraulic Fracturing Dilemma, and Danger

Robert L. Cavnar | Posted 05.25.2011

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

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

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

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

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...

BP Blowout: Containment Effort Halted

Robert L. Cavnar | Posted 05.25.2011

Robert L. Cavnar

It's time to step back from deepwater development not only until we have a reliable way to keep disasters from happening, but more importantly, until we know how to cope quickly when they do.

Subsea Drilling: How Do They Work on the Ocean Floor?

Robert L. Cavnar | Posted 05.25.2011

Robert L. Cavnar

I've gotten lots of questions the last week about my posts on the BP blowout of their Mississippi Canyon Block 252 well and how they do all the work o...

A View From Inside BP: "Hubris" Before the Blowout

Robert L. Cavnar | Posted 05.25.2011

Robert L. Cavnar

Hubris. Illusions of grandeur. Deepwater overseers had been so successful (lucky) that they were over-confident. Having never experienced this kind of failure, it was inconceivable to them that it could happen. It did.