Tag: oil companies

The new law prohibiting fuel price gouging will go into effect June 26.

With oil prices down and wealthy countries bungling COVID-19, the pandemic has exposed the weaknesses that wealth papers over.

Rather than withdraw investments from companies that profit from extracting fossil fuels, investors seek to leverage their financial stakes to influence companies like Shell, BP, and ExxonMobil to take action on climate change.

“You all just got a lot richer.”

Should Canadians be able to sue oil companies for that?

According to the environmental advocacy group Clean Water Action, the announcement appears to be in violation of DOGGR’s own compliance schedule, which requires all injection well operators that have not obtained an aquifer exemption from the EPA to cease injection by February 15, 2017.

Perhaps it would be more prudent for Gov. Mary Fallin and the Republican-dominated legislature to stop praying to the oil industry and start passing laws to make their state’s oil billionaires pay their fair share of taxes.