Sunday, May 11, 2025

Tag: Oil

$28 trillion in climate damage traced to 111 top polluters, study...

New research links fossil fuel giants to trillions in heat-driven economic losses, offering fresh momentum for climate liability lawsuits worldwide.

Keystone XL oil spill shuts down pipeline and halts flow of...

An estimated 3,500 barrels of oil (147,000 gallons) spilled into an agricultural field in a rural area, about 60 miles southwest of Fargo.

Big Oil pushes for tax breaks as Republicans seek corporate handouts

Big Oil has spent decades influencing U.S. tax policy, ensuring that it continues to receive billions in government handouts while avoiding taxes.

Revealed: Big Oil told 70 years ago that fossil fuel emissions...

Compelling new evidence shows this pattern of behavior was already hardwired into the industry’s DNA by 1955 and persists today. 

California statewide fracking ban goes into effect

The state oil and gas regulator can no longer issue fracking permits for oil and gas wells effective Oct. 1.

EU accused of inviting fossil fuel executives to COP28 under false...

More fossil fuel lobbyists were granted access to the Dubai summit than any previous year.

Tensions escalate as Biden considers Israeli strike on Iran’s oil infrastructure

The announcement has sparked alarm across the globe, with concerns about soaring oil prices, increased instability in the region, and domestic political ramifications in the United States.

Evidence CEOs tried to illegally boost oil prices grows as FTC...

The FTC’s complaint is the second major deal this year where the antitrust agency found evidence of collusion between top shale producers and oil companies that they’re legally obligated to compete against.

Khanna proposes ending billions in taxpayer subsidies for Big Oil amid...

Legislation targets federal handouts fueling enhanced oil recovery while exacerbating the climate emergency.

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The real evil empire may surprise you

Serving in (or thinking about) the U.S. military for 40 years.

One in ten Americans lives in a sinking city, new study finds

Groundbreaking research from Columbia University reveals that land beneath America’s largest cities is sinking—mostly due to groundwater extraction—posing a hidden but growing threat to infrastructure, flood safety, and climate resilience.

Millions would lose Medicaid under GOP cuts, says new CBO report

A nonpartisan analysis shows Republican efforts to slash Medicaid by $880 billion would strip healthcare from millions of low-income Americans in order to fund tax cuts for the wealthy.

Texas voters reject far right school boards in sweeping backlash to book bans

Dozens of candidates who backed book censorship policies lost their seats in school board elections across Texas, signaling public fatigue with partisan attacks on students, educators, and libraries.

Since 1975, $79 trillion has been redistributed from the bottom 90% to the top...

Has this massive redistribution, driven by policies favoring corporations and the wealthy, reshaped the American economy?