Tag: Oil

"The time to clean this up was 14 years ago. Taylor Energy has shown nothing but negligence all this time."

Has the industry run out of good rock?

Cuadrilla Resources was forced by law to pause operations at its site in Lancashire, England when a tremor with a magnitude of 0.8 took place in the area Friday morning.

Climate implications make a petrochemical build-out risky, not only from an environmental perspective, but also from a fiscal perspective.

“This project sets us down a dangerous path of destroying the Arctic. An oil spill in the Arctic would be impossible to clean up and the region is already stressed by climate change.”

In the face of such challenging economics, what are Canadian tar sands producers doing? Tapping more oil than ever.

The federal government said it is committed “to ensure Taylor Energy will work to permanently stop the ongoing oil spill” because there is “still more that can be done by Taylor to control and contain the oil.”

Both the U.S. and Canada are taking steps that ignore or undermine the lessons and regulatory measures to improve safety since the oil train explosions and spills of years past.

Mexico’s recently elected president, Andrés Manuel López Obrador, has yet to comment on the USMCA's energy-related provisions.

The fracking boom in Texas and New Mexico and subsequent export boom is a shining example – illuminated by the flares of fracked gas – of exactly what not to be doing.