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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

Gold Butte National Monument, Nevada

The key coordinator of this plan has been Timothy Williams, who has served as the go-between for the oil and gas industry and Interior Department. Williams, deputy director of the agency’s Office of External Affairs, formerly served as the field director of the Nevada state branch of Americans for Prosperity, a front group founded and funded by Koch Industries.

Williams, the emails show, has served as the point of contact for outreach on policy issues for groups such as the Independent Petroleum Association of America (IPAA), Western Energy Alliance, the American Petroleum Institute (API) and its state-level branches, and other oil and gas companies such as ConocoPhillips, Chesapeake Energy, and EOG Resources. IPAA is best known as the creator of the front group Energy in Depth, which serves as an outspoken voice on issues pertaining particularly to hydraulic fracturing (“fracking”) in the U.S.

The emails also portray discussions of the policy fight over endangered species protections for the greater sage grouse and other regulatory topics, with regular outreach to and input received from the oil and gas industry. They further exhibit many examples of Interior Department officials, including Secretary of the Interior Ryan Zinke, being invited — and often accepting invitations — to speak at industry events and conferences.

…click on the above link to read the rest of the article…

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 direct, individual donations? Lucky for you, there’s an easy answer! Just buy gasoline!

Yes, it’s that simple. Oil is a worldwide commodity. Any gallon you purchase props up the price as a whole, enriching international oil companies and oil-exporting nations, with a handsome portion trickling to the politicians they’ve bought. (Oops, “support.”) Your money is guaranteed to enable stonings of adulterous women and beheadings of political prisoners, not to mention facilitate juicy environmental damage from oil spills and toxic fracking waste. In fact, you can rest easy knowing that every dollar you spend on gasoline works hard to attack human rights, cripple the environment and enable political corruption. A three-fer!

But there’s more! On a local level, the gasoline you burn has the happy side benefit of inflicting asthma and cancer on the poorest in your region since it’s the poorest who live along freeways and traffic sewers where tailpipe emissions are highest and the rent is cheapest.

 
Make them richer and more powerful! It’s easy!

As a bonus, it’s easy to double the impact of your gasoline purchase by doing your best to make miserable the lives of anyone traveling without a car. With a little persistence, you can force them to get their own car and buy gasoline just like you. So honk at bicyclists as you pass them. Rev your motor loudly to show them who’s boss. Don’t stop for pedestrians in crosswalks.

…click on the above link to read the rest of the article…

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 for INSURGE intelligence, a crowdfunded journalism platform for Open Inquiry and coordinated action in service of people and planet. Become an owner of the media revolution.

Imagine a world in which everybody gave away their freedom, willingly, in return for being able to belong to a toxic network which, rather than enriching their lives, profited from eroding civil discourse, polarizing communities, and manipulating their minds.

Wouldn’t you wonder what was wrong with these people?

You would. And yet that is the world you are about to inhabit, right now. Unless you do something about it.


This story is a call to action. A call on citizens, technologists, philanthropists, journalists and beyond to take action to disrupt our current path to a dystopian, monocultural future. As such, it experiments with a new form of journalistic narrative called Open Inquiry, that aims to balance out the investigation of power with a recognition of solutions and alternatives.


Facebook is on track to become more powerful than the National Security Agency — so says a senior advisor to the US military intelligence community who predicted the rise of artificial intelligence and robot warfare. In less than a decade, Facebook’s growth will mean it potentially has the ability to monitor almost everyone on the planet. This will make the firm more powerful than any other government contractor in the world.

This prospect has dangerous ramifications for democracy. Increasing evidence reveals that Facebook’s most lucrative business model is to outsource itself as a conduit for psychological warfare to any third party that wants to influence the beliefs and behaviors of citizens.

…click on the above link to read the rest of the article…

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

Five anti-tar sands activists who shut down tar sands pipelines into the U.S.

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 by U.S. Rep. Ken Buck (R-CO) and co-signed by dozens of other, primarily Republican, representatives, the letter pays homage to the First Amendment, while also noting that “violence toward individuals and destruction of property are both illegal and potentially fatal.” The letter, coveredbyseveralmediaoutlets, was championed by the industry lobbying and trade association, the American Petroleum Institute (API), which said it “welcomed” the letter.

But according to a DeSmog review, API and other industry groups were a key part of bolstering the letter itself. API, along with the Association of Oil Pipe Lines (AOPL) and the Interstate Natural Gas Association of America (INGAA), is listed as among the “supporting groups” on the website DearColleague.us, which tracks congressional letters and their backers.

The website is run by Clayton Hanson, formerly a reporter for Roll Call and the Charlotte Observer, which says it exists as the “largest publicly available archive of free Dear Colleague letters.”

“Dear Colleague letters are official correspondence between members of Congress that lawmakers use to gauge or build support or opposition for legislation or other causes,” explains the DearColleagues.us website. In the case of the October 23 letter to Sessions, its genesis was a “Dear Colleague” letter written to other congressional offices to gather signatories for the cause.

…click on the above link to read the rest of the article…

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 gas emissions and boost adoption of renewable energy technologies, E&E Publishing’s Greenwire reported.

S.B. 350, which was signed into law last year by Governor Jerry Brown, requires California to get 50 percent of its electricity from renewable sources and double the energy efficiency of existing buildings by 2030. S.B. 32, which did not pass, would have required the state to cut its greenhouse gas emissions 80 percent below 1990 levels by 2050.

“Oil companies are trying to push back” against renewable energy and other efforts to decarbonize California’s economy, Mike Young, California League of Conservation Voter’s associate director for campaigns and organizing, told Greenwire. “You’re seeing an industry that is very concerned about losing its monopoly.”

But they’re not pushing back openly, they’re doing it through front groups, like an organization with the unwieldy name Coalition to Restore California’s Middle Class, Including Energy Companies who Produce Gas, Oil, Jobs and Pay Taxes. That group has spent $1.8 million in an attempt to sway 10 races towards anti-climate candidates.

Chevron Corp., Tesoro Cos. Inc., Valero Energy Corp. and Occidental Petroleum Corp. are among the companies that have plowed $7.5 million into the Coalition to Restore California’s MIddle Class since 2014, according to Greenwire.

Chevron has also given $1.1 million to another organization with a perplexing name: Keeping Californians Working, Dentists, Housing Providers, Energy & Insurance Agents. That group has spent $900,000 on behalf of eight candidates this election cycle.

…click on the above link to read the rest of the article…

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 plunged 7.3% in May from a year ago, the biggest decline since February 2001; hundreds of thousands of people losing their jobs across the globe; deep trouble in Brazil, chaos in Venezuela….

Record levels of crude oil stocks have become a global phenomenon. In the US, crude oil stocks are at 532 million barrels, a record for this time of the year in EIA’s data series going back 80 years. Even driving season has barely made a dent so far; stocks remain 63.6 million barrels above the mega-record levels a year ago. Gasoline and distillate stocks are 19.2 million and 18.6 million barrels above their levels a year ago.

Oil tankers full of crude are lined up outside the port of Singapore and others, some waiting to unload cargo, others being used for crude oil storage at sea. Across OPEC, storage levels of petroleum products rose to 3,046 million barrels in April, or 13% above the five-year average.

The world is awash in oil.

In the process, OPEC has been declared dead or dying because it was unable to agree on anything, refused to cut production, and brushed off calls to do something, for crying out loud, about the collapsed prices — which, despite the mega-rally, remain down over 50% from where they’d been before the oil bust began.

But there was one thing OPEC was able to accomplish by not agreeing to buckle under pressure and cut production: it increased its market share.

…click on the above link to read the rest of the article…

“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 attempt to shut the public out of the bidding process for fossil fuel leases on public lands.

Speaking on public lands issues in front of IOGCC‘s public lands committee, Kathleen Sgamma — Western Energy Alliance’s (WEA) vice president of governmental affairs — compared environmental groups’ Keep It In The Ground campaign actions at U.S. Bureau of Land Management (BLM) bids to a “circus.” Sgamma said WEA was in contact with both BLM and Congressional members to push the auctions out of the public sphere and onto the internet.

DeSmog, which attended the IOGCC meeting, recorded the presentation and has published it online.

Sgamma opened her statement on the Keep It In The Ground “circus” by pointing to the fact that BLM has already compared the activism, in testimony delivered to Congress (beginning at 54:30) on March 23, 2016, with the right-wing militia that occupied the Malheur National Wildlife Refuge’s public lands plot in Oregon.

Sgamma also revealed that WEA has a counter campaign that it will launch soon to oppose Keep It In The Ground.

Here is a partial transcript of Sgamma’s statement (beginning at about 19:55 in the audio):

So Western Energy Alliance is planning some counter-efforts with Keep It In The Ground which we’ll be announcing probably later this month. We’ve also been working with BLM and Congress to say ‘Let’s just get rid of this circus, let’s just have online auctions. eBay is out there, it can be done.’

…click on the above link to read the rest of the article…

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.

US AGs united

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 New York State Attorney press office.

Some of the world’s largest oil firms face a high-powered U.S. legal effort to investigate them for long knowing, and hiding, the link between burning fossil fuels and destructive climate change.

If the oil giants lose, their total liabilities could run into the billions or even trillions of dollars, according to some legal experts, and Canadian energy firms may not be immune.

Flanked by Al Gore, five U.S. state attorneys generals took to a podium Tuesday to join New York’s legal battle against alleged climate denial by big oil companies, such as ExxonMobil.

“The first amendment, ladies and gentlemen, doesn’t give you the right to commit fraud,” said New York Attorney General Eric Schneiderman.

“We have heard the scientists. We know what’s happening to the planet. There is dispute, but there is confusion — and confusion sowed by those with an interest in profiting from the confusion, and creating misperceptions in the eyes of the American public that really need to be cleared up,” he added.

A total of 17 state attorneys general agreed to coordinate their investigations against ExxonMobil and other giant oil firms suspected of suppressing the risks of climate change for decades from their shareholders and the American public.

…click on the above link to read the rest of the article…

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 grab as much political capital as possible from recent terrorist attacks, including the coordinated bombings in Brussels on 22nd March 2016.

Within hours, Cruz told his Facebook followers that US police forces needed to specifically patrol “Muslim neighbourhoods” to “prevent” them being radicalised.

Eager not to be outdone, the next day Trump told Good Morning Britain host Piers Morgan that the Brussels attacks occurred because Muslims in Britain, Europe and the United States are “absolutely not reporting” signs of extremism to the authorities.

This escalating trajectory toward xenophobia is no accident, but a product of the networks of power courting both Donald Trump and Ted Cruz.

A close inspection confirms that far from comprising fringe groups, these networks encompass a narrow set of interlocking commercial, ideological, energy and military interests — a nexus illustrating how mainstream centres of power in America are increasingly converging with a binary ‘Us and Them’ worldview.

Gaffney’s finger in Cruz’s pie

Joining Ted Cruz’s team as a national security advisor, we have the notorious anti-Muslim conspiracy theorist, Frank Gaffney, founding president of the Centre for Security Policy (CSP), which this year was designated an extremist hate group by the Southern Poverty Law Centre.

Ted Cruz (right) stares lovingly into the eyes of his new national security adviser, Frank Gaffney

It’s well-known that Frank Gaffney, a former assistant secretary of defence under Reagan, was behind the unreliable opinion poll justifying Trump’s call to ban all Muslim immigration to the United States.

Less well-known are the interests that Gaffney represents.

…click on the above link to read the rest of the article…

Big-Oil Bailout Begins as Debt Spirals Down

Big-Oil Bailout Begins as Debt Spirals Down

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 afloat. The cost of servicing that gargantuan debt mountain continues to rise. So it tries desperately to rein in its spending, without tackling — or even discussing — its endemic culture of corruption.

In recent days, Pemex received a 15 billion peso ($840 million) lifeline from three of Mexico’s homegrown development banks, Banobras, Bancomext and Nafinsa, to help the firm pay back some of its smallest providers, consisting mainly of domestic SMEs.

The loan was part of an arrangement cobbled together between the banks and the Mexican government. By today’s standards the amount involved is pretty meager, but the operation was about more than just raising funds: it was meant to restore confidence among both investors and suppliers in the firm’s ability to repay its debts.

“This sends a sign of stability and confidence to the sector, which has been very nervous” payments would not be made, explained Erik Legorreta, President of the Mexican Oil Industry Association, which represents around 3,000 service providers. “Members of the industry now have the confidence and certainty that the payments will be honored.”

Not everyone agrees. Last week the U.S. credit rating agency Moody’s flagged concerns that the loan will significantly increase the three banks’ combined exposure to Pemex’s debt, calculated to grow from 44% to 62%. “The three lenders now have high concentration risks with their 20 biggest creditors,” cautioned Moody’s, which already downgraded Pemex’s debt in November to Baa1, with a negative outlook. In its report last week, the agency piled on the pressure by warning that there’s “a high likelihood” that it will downgrade Pemex’s rating another notch in the coming weeks.

…click on the above link to read the rest of the article…

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 your balance sheet as an asset that you can sell. You can use it as collateral to borrow cash and buy other assets.”

People do use their oil shares to buy houses, cars, planes and college educations. When crude oil prices hit $140 per barrel, pension funds and college endowments rejoiced.

Our 2006 book, The Post-Petroleum Survival Guide and Cookbook was published just as conventional hydrocarbons struck their all-time global production top and began to decline (a picture that emerged only years later). The book challenged readers to consider how they might cope with $20 per gallon gasoline and the absence of public transit alternatives.

It also described the undulating top we now see, where high price destroys demand, which crashes price, which boosts demand, which raises price, and so on. Think of this part as the whoop-de-doos after the roller coaster cranks its way to the top and lets gravity take over.

Lately there have been a spate of articles in the financial press beating up on Peak Oil theorists for being so widely wrong in their predictions. They point to charts showing global oil production rising from 86.5 million barrels per day in 2008 to 96 million in 2015. Of course, they are mixing apples and oranges. What peaked, right on schedule in 2006, was conventional liquids.

After 2006 Big Oil played its hole card, unconventional oil and gas. Those inside the sector had been telling the Peak Oilers about this all along, but it still caught some incautious prophets out on a hoisted petard.

…click on the above link to read the rest of the article…

The Big-Oil Bailouts Begin

The Big-Oil Bailouts Begin

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 what threatens to become the first of a series of global bailouts stemming from the tumbling oil price.

In Latin America’s largest economy, Brazil, the government has refused to rule out bailing out Petrobras, once the jewel of the nation’s crown but now a scandal-mired shadow of its former self, weighed down by $127 billion in debt, most of it denominated in dollars and euros.

If it is unable to sell the $15 billion in assets it has targeted by the end of this year – a big IF given how the prices of oil and gas assets have deteriorated – Petrobras might need some serious help from Brazil’s Treasury. According to Citi, that help could reach $21 billion – just enough to plug the company’s cash hole and fix the capital structure on a sustainable basis. That’s a big payment for a government that has on its hands a widening budget gap, a 4% economic contraction, and double-digit inflation.

Brazil is not the only Latin American economy entertaining a bailout of its national oil company. The government of Mexico just announced that it quietly injected 50 billion pesos ($2.7 billion) of public funds into the coffers of state-owned oil company Pemex.

The timing of the announcement could not have been more convenient, coming just a day before Pemex was due to launch a $5-billion bond issue, which was predictably gobbled up by investors. In all likelihood, it will be the first installment of what could end up being a very large, very costly bailout of Mexico’s oil sector. Pemex is the world’s second largest non-publicly listed company, with $416 billion in assets. But things are looking decidedly grim.

…click on the above link to read the rest of the article…

Why Big Oil Should Kill Itself

Why Big Oil Should Kill Itself

LONDON – Now that oil prices have settled into a long-term range of $30-50 per barrel (as described here a year ago), energy users everywhere are enjoying an annual income boost worth more than $2 trillion. The net result will almost certainly accelerate global growth, because the beneficiaries of this enormous income redistribution are mostly lower- and middle-income households that spend all they earn.

Of course, there will be some big losers – mainly governments in oil-producing countries, which will run down reserves and borrow in financial markets for as long as possible, rather than cut public spending. That, after all, is politicians’ preferred approach, especially when they are fighting wars, defying geopolitical pressures, or confronting popular revolts.

But not all producers will lose equally. One group really is cutting back sharply: Western oil companies, which have announced investment reductions worth about $200 billion this year. That has contributed to the weakness of stock markets worldwide; yet, paradoxically, oil companies’ shareholders could end up benefiting handsomely from the new era of cheap oil.

Just one condition must be met. The managements of leading energy companies must face economic reality and abandon their wasteful obsession with finding new oil. The 75 biggest oil companies are still investing more than $650 billion annually to find and extract fossil fuels in ever more challenging environments. This has been one of the greatest misallocations of capital in history – economically feasible only because of artificial monopoly prices.

But the monopoly has fallen on hard times. Assuming that a combination of shale development, environmental pressure, and advances in clean energy keep the OPEC cartel paralyzed, oil will now trade like any other commodity in a normal competitive market, as it did from 1986 to 2005. As investors appreciate this new reality, they will focus on a basic principle of economics: “marginal cost pricing.”

…click on the above link to read the rest of the article…

Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows

A new report recently released by InfluenceMap shows a number of oil and gas companies publicly throwing their support behind climate initiatives are simultaneously obstructing those same efforts through lobbying activities.

The report, Big Oil and the Obstruction of Climate Regulations, comes on the heels of the Oil and Gas Climate Initiative, a list of climate measures released by the CEOs of 10 major oil and gas companies including BP, Shell, Statoil and Total.

According to InfluenceMap the initiative is an attempt by leading energy companies to “improve their image in the face of longstanding criticism of their business practices ahead of UN COP21 climate talks in Paris.”

The big European companies behind the OGCI…will come under ever greater scrutiny, as the distance between the companies’ professed positions and the realities of the lobbying actions of their trade bodies grows ever starker,” InfluenceMap stated in a press release.

The group’s analysis shows a major disconnect between climate rhetoric and action among three key policy strands: carbon tax, emissions trading and greenhouse has emissions regulations.

The findings show companies like Shell and Total publicly support carbon pricing while at the same time support trade organizations that systematically obstruct the legislation’s implementation.

Oil majors BP, Chevron and Exxon also support these lobby groups but spend less time publicly supporting a price on carbon.

Dylan Tanner, executive director of InfluenceMap, said industry is becoming more cautious of public oversight and as a result, has become subtler with its efforts to subvert climate progress.

Companies like Shell appear to have shifted their direct opposition to climate legislation to certain key trade associations in the wake of increasing scrutiny,” Tanner said.

Investors and engagers need to be aware that these powerful energy and chemicals-sector trade bodies are financed by, and act on the instruction of, their key members and should thus be regarded as extensions of such corporate-member activity and positions.”

…click on the above link to read the rest of the article…

 

Big Oil, Big Tobacco, Big Lies

Big Oil, Big Tobacco, Big Lies

Over the last few years, a growing number of people have been taking a hard look at what is happening to our planet – historic droughts, rising sea levels, massive floods – and acknowledging, finally, that human activity is propelling rapid climate change. But guess what? Exxon (now ExxonMobil) had an inkling of this as early as 1978.

By the early 1980s, Exxon scientists had much more than an inkling. They not only understood the science behind climate change, but also recognized the company’s own outsize role in driving the phenomenon. Recognizing the potential effects as “catastrophic” for a significant portion of the population, they urged Exxon’s top executives to take action. Instead, the executives buried the truth.

There may be a silver lining to this infuriating story: the recent investigation that exposed Exxon’s deceit could end up catalyzing the action needed to address the looming climate crisis. After all, similar revelations about the tobacco industry – what the major cigarette companies knew and when they knew it – transformed the public-health landscape.

In 1996, a series of lawsuits forced tobacco companies to release millions of internal documents, which confirmed what public-health advocates and policymakers had long suspected: as early as the 1950s, the industry knew that nicotine was addictive and that cigarettes caused cancer. But, to protect its own interests, Big Tobacco deliberately misled the public, doing everything possible to cast doubt on scientific findings that it knew to be accurate. Such tactics enabled the industry to delay, for more than 50 years, regulation that could have saved millions of lives annually.

After the revelations, however, it was clear that the tobacco industry was a malevolent force that did not belong in the policymaking process. With Big Tobacco out of the picture, and armed with evidence of the real effects of tobacco consumption, health advocates were finally able to compel their governments to act.

Read more at https://www.project-syndicate.org/commentary/exxonmobil-scandal-climate-policy-by-kelle-louaillier-and-bill-mckibben-2015-10#TXsGAuoOQLybvj6Q.99

 

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