Thursday, September 29, 2022

Tag: oil and gas industry

Indigenous youth embark on sub-zero, 93-mile run to protest Dakota Access...

"This is a critical step towards righting the wrongs of the past and setting our nation on a path of environmental, climate, and social justice."

$1 trillion in oil and gas pipelines worldwide could become stranded...

The pipeline industry faces growing questions about whether it’s wise to build a massive network of pipelines that could become obsolete well within their projected 50-year-plus lifespans.

Financial failure of California’s largest oil and natural gas producer could...

“If the state fails to require CRC to set aside funds to pay for its well closure obligations as part of the bankruptcy proceeding,” taxpayers could eventually foot the bill “to plug CRC’s abandoned wells.”

Trump administration proposes oil and gas lease sale in California while...

“We’ve blocked any new federal leasing in California in court for eight years now, and we’ll fight this too.”

EPA has granted more than 3,000 pollution monitoring exemptions to oil...

While EPA claims the monitoring waivers do not constitute a license to pollute at will, without effective monitoring there is no way to know.

Dow drops its oldest member, Exxon, after nearly a century

“Big Oil has fallen. Our job is to make sure they don't take us down with them.”

For decades, the oil and gas industry got taxpayer help from...

“Shale companies often struggled with their finances already early on and this BS American Dream story of ‘resilience, experimentation, and perseverance’ would have likely been impossible without the [production tax credit].”

Trump admin looks to use federal COVID relief funds to prop...

“The fossil fuel industry wants us to believe its financial woes are just the result of COVID-19, but that’s a lie — these problems have been mounting for years as oil companies and banks made ever-riskier bets on extraction projects hurting communities and wrecking the climate.”

Big banks pull financing, prepare to seize assets from collapsing oil...

The big banks funded the money-losing fracking industry for the past decade just like they funded the housing crisis — but the reality is, just like in the housing crisis, the coming bailouts will protect the banks.

Oil and gas firms reward politicians when they vote against the...

“These findings are troubling, considering that Congressional candidates are much more likely to win if they raise more money than their opponents.”

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The truth behind “self-made” billionaires

Billionaires are not made by rugged individuals. They’re made by policy failures. And a system that rewards wealth over work.

Why are wild horses brutally uprooted from public lands while private livestock can stay?

The Bureau of Land Management is misleading the American people about the nation’s wild horses and burros.

‘People power has won the day’: Manchin dirty deal defeated

"Manchin's dirty deal went down in flames today because Indigenous and frontline communities raised their voices."

Burning books (or rather book companies)

Think of this as the modern capitalist version of burning books, though as with those fossil-fuel companies, it is, in reality, more like burning the future.

MAGA, Tea Party’s steroidal cousin, will outlast Trump – but only by escaping primitive...

Trump finale emerges as the perfect lesson that Pride (still) Goeth Before the Fall, exposing the dangers of not knowing who you are, what you can and can't do.