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Tag Archives: oil and gas industry
Getting Past Trump: This Is How Democracies Die (Part 1)
Getting Past Trump: This Is How Democracies Die (Part 1) Ed note: This piece is part of a 3-part series. Part 1 is also cross-posted on Truthout. Donald Trump’s 13-month tenure (so far) as president of the United States has been an exhausting sprint for onlookers concerned about the state of the global ecosystem and […]
The Colorado Gas Wars: Where Things Fall Apart, for There is No Center
The Colorado Gas Wars: Where Things Fall Apart, for There is No Center Things stay mostly the same in Colorado, where climate change doesn’t exist in the minds of many politicians and some captains of industry. The marvels of fracking are a constant. Wells explode with regularity; each week thousands of barrels of toxic liquids […]
Wyoming Now Third State to Propose ALEC Bill Cracking Down on Pipeline Protests
Wyoming Now Third State to Propose ALEC Bill Cracking Down on Pipeline Protests On the heels of Iowa and Ohio, Wyoming has become the third state to introduce a bill criminalizing the type of activities undertaken by past oil and gas pipeline protesters. One of the Wyoming bill’s co-sponsors even says it was inspired by the protests led by […]
Russia Is Taking Over Syria’s Oil And Gas
Russia Is Taking Over Syria’s Oil And Gas If finally happened… In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria. The agreement goes significantly beyond that, stipulating the modalities of the rehabilitation of damaged rigs and infrastructure, energy advisory support, […]
Energy CEO Says Fracking Build-out in New York Not Over, Wants Regulators to ‘Lay Down and Approve Every Pipeline’
Energy CEO Says Fracking Build-out in New York Not Over, Wants Regulators to ‘Lay Down and Approve Every Pipeline’ At a pipeline industry conference in Pittsburgh on January 31, Robert G. Phillips, CEO and President of Crestwood Equity Partners, offered an unusually candid perspective on pipelines, fracking, environmental regulations, and how industry plans to fight back […]
U.S. Department of Energy Doubles Down on Shale Optimism
U.S. Department of Energy Doubles Down on Shale Optimism The U.S. stock market is not the only thing that’s gotten overheated in the last few years. Exuberance over U.S. energy output has hit a record high as natural gas production has reached its all-time peak, and oil production nears highs not seen in 47 years. […]
Drill, Baby, Drill: The U.S. Added 38 Percent More Oil and Gas Rigs Last Year
Drill, Baby, Drill: The U.S. Added 38 Percent More Oil and Gas Rigs Last Year Burn, baby, burn: Experts express fear about the enormous climate impact of this boom in new fossil fuel development. The number of oil and gas rigs in the United States has increased an astonishing 38 percent over the past year. […]
Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs
Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs As if the recent nosedive that oil prices have taken in the last few days wasn’t bad enough—Baker Hughes reported a staggering increase to the number of rigs. The number of active oil and gas rigs increased by 29 to Baker Hughes data. This […]
America Dumps Its Fracking Waste in My Ohio Town
America Dumps Its Fracking Waste in My Ohio Town My southeastern Ohio town in the Appalachian foothills is a small, rural place where the demolition derby is a hot ticket, Walmart is the biggest store, and people in the surrounding villages must often drive for 30 minutes to grocery shop. We hold the unfortunate distinction of being […]
The Abnormality of Oil
Ahmad Al-Rubaye/Getty Image The Abnormality of Oil At the 2017 Abu Dhabi Petroleum Exhibition and Conference, the consensus among industry executives was that oil prices will still be around $60 per barrel in November 2018. But there is evidence to suggest that the uptick in global growth and developments in Saudi Arabia will push the […]
Touted Energy “Reform” Goes Awry in Mexico
Touted Energy “Reform” Goes Awry in Mexico Dream of cheaper energy in an open market turns into nightmare. Four years ago, Mexico’s government passed a sweeping energy reform aimed at opening up Mexico’s long-protected oil and gas sectors to global competition and expertise for the first time in over 70 years. The reforms would lead […]
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas Over the past few years, natural gas has become the primary fuel that America uses to generate electricity, displacing the long-time king of fossil fuels, coal. In 2019, more than a third of America’s electrical supply will come from natural gas, […]
U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks
U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks The number of active oil and gas rigs dipped this week, according to Baker Hughes data, decreasing by 2 rigs, bringing the total rigs to 929 rigs, which is an addition of 271 rigs for the 2017 calendar year. The number of oil rigs in […]
Exxon To Disclose The Real Risk Of Climate Change
Exxon To Disclose The Real Risk Of Climate Change ExxonMobil finally conceded to the multi-year campaign by shareholders and activists to disclose its risk to climate change, a notable departure after years of trying to dismiss the issue. According to a new filing by Exxon to the U.S. Securities and Exchange Commission (SEC), Exxon said […]
Can The Gas Glut Kill The Permian Boom?
Can The Gas Glut Kill The Permian Boom? The Permian basin continues to add new oil production, but shale drillers in West Texas could face an unexpected problem: too much natural gas. Natural gas is produced as a byproduct when drilling for oil. Oil tends to be more lucrative, so shale companies typically target oil […]
