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California Lacks Real Marine Protection as Offshore Drilling Expands in State Waters
California Lacks Real Marine Protection as Offshore Drilling Expands in State Waters One of the big news stories neglected by both the mainstream and “alternative” media is the capture of California politics and the regulatory apparatus by Big Oil and other corporate interests in recent years – and the massive expansion of offshore drilling that has occurred […]
Life, the Sea and Big Oil
Life, the Sea and Big Oil Photo by Glenn Beltz | CC BY 2.0 “It is a curious situation that the sea, from which life first arose, should now be threatened by the activities of one form of that life. But the sea, though changed in a sinister way, will continue to exist: the threat […]
Catastrophic Cyberattacks Threaten Big Oil
Catastrophic Cyberattacks Threaten Big Oil There are over a million oil and gas wells in the United States. There are also several hundred thousand miles of pipelines. Digitization is on the rise in the notoriously conservative oil and gas industry as companies wake up to the cost and operational efficiency boost that sensors and algorithms […]
Emails Reveal Trump Admin Mulling Big Oil Plan to Transfer Public Land to States
Emails Reveal Trump Admin Mulling Big Oil Plan to Transfer Public Land to States During its first year under Donald Trump, the U.S. Department of Interior has coordinated closely with the oil and gas industry to accomplish its priorities on the nation’s expansive federal lands. Among them: considering a plan to transfer control of oil and gas development on public […]
Gasoline–Such a Big Bang for the Buck
Gasoline–Such a Big Bang for the Buck Are you a fan of beheadings? Are you fond of autocratic regimes? Do you want to help those kooky, lovable Koch brothers purchase another member of Congress? Do you yearn to support Saudi Arabia, Iran, Donald Trump, and Vladimir Putin, but it seems so difficult to give them […]
How Facebook will infiltrate national elections and rule the world in less than 10 years — unless we stop it
How Facebook will infiltrate national elections and rule the world in less than 10 years — unless we stop it What do NATO, private military contractors, giant arms manufacturers, wine merchants, the NSA, Trump, British property tycoons, Russian oligarchs, and Big Oil have in common? The world’s largest social network Source: Geek.com Published to launch the new beta platform […]
Congress Works with Big Oil on Letter Suggesting Anti-Pipeline Activists Face Terrorism Charges
Congress Works with Big Oil on Letter Suggesting Anti-Pipeline Activists Face Terrorism Charges On October 23, 84 Congressional representatives made a splash when they published a letter to U.S. Attorney General Jeff Sessions asking if those engaged in activism disrupting or damaging pipeline operations should face criminal prosecution as an act of terrorism under the USA PATRIOT ACT. Spearheaded […]
Oil-Funded Groups Have Spent $2.7 Million To Defeat California Candidates Who Want Climate Action
Oil-Funded Groups Have Spent $2.7 Million To Defeat California Candidates Who Want Climate Action Groups funded largely by oil companies have spent $2.7 million in California to defeat candidates for the state legislature who support strong climate action. The groups are targeting lawmakers who supported S.B. 32 and S.B. 350, both pieces of legislation designed to rein in California’s greenhouse […]
Turns out, OPEC Isn’t Dead Yet
Turns out, OPEC Isn’t Dead Yet In War for Market Share with US shale oil. Mayhem has crisscrossed the global oil markets since 2014: Huge losses for Big Oil, including teetering, over-indebted, state-owned giants like Mexico’s Pemex and Brazil’s Petrobras; bankruptcies among some of the smaller players; cuts in production in the US, Canada, and China where production […]
“End the Circus”: Big Oil Group Plots to Exclude Public from Public Lands Bidding at IOGCC Meeting
“End the Circus”: Big Oil Group Plots to Exclude Public from Public Lands Bidding at IOGCC Meeting At the Interstate Oil and Gas Compact Commission (IOGCC)‘s 2016 meeting in Denver, Colorado this week, a representative from a prominent oil and gas lobbying group advocated that auctions of federal lands should happen online “eBay”-style — a clear […]
US States Team Up to Nail Big Oil for Climate ‘Fraud’
US States Team Up to Nail Big Oil for Climate ‘Fraud’ Legal experts say oil companies could face billions of dollars in liabilities. New York Attorney General Eric Schneiderman a press event Tuesday to announce a multi-state legal probe into climate denial. At left is former US vice president Al Gore. Photo provided by the […]
The US military industrial complex, Wall Street and Big Oil are vying to buy the presidency
The US military industrial complex, Wall Street and Big Oil are vying to buy the presidency A dummies guide to who might own the White House The Republican primaries have represented a veritable political orgasm in the mainstreaming of xenophobia. And the two leading GOP candidates, Donald Trump and Ted Cruz, have been quick to […]
Big-Oil Bailout Begins as Debt Spirals Down
Big-Oil Bailout Begins as Debt Spirals Down Mexico’s proud sugar daddy becomes giant financial sinkhole. Pemex, Mexico’s state-owned oil giant, cannot seem to get a break these days. It notched up 13 straight quarters of rising losses. It now owes over $80 billion to international investors and banks. It needs to raise $23 billion this year to stay […]
Foiled by Oil
Foiled by Oil “Pemex revenues are down 70% in the past 18 months. That is what Peak Oil looks like.” “Oil in the ground is wealth only on paper – you may own that oil, but it earns you nothing until you recover and sell it. Yet paper wealth is still wealth. It goes on […]
The Big-Oil Bailouts Begin
The Big-Oil Bailouts Begin The hundred-billion-dollar question. Despite a bounce this week, low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked that the IMF and World Bank would dispatch a team to oil and gas-dependent Azerbaijan to negotiatea possible $4 billion emergency loan package in […]
