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Keyword: bigoil

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  • Final Victory for Chevron Pollution Case in Spite of Media, Left-Wing Crusade

    06/20/2017 7:36:06 AM PDT · by rktman · 5 replies
    newsbusters.org ^ | 6/19/2017 | Julia A. Seymour
    The U.S. Supreme Court just refused a lawyer’s appeal trying to force Chevron to pay almost $9 billion for pollution in Ecuador. Earlier court ruled the decision against Chevron was obtained through corruption actions. Reuters reported on June 19, that the court’s decision not to take the case leaves earlier district and appellate court victories standing for the nation’s second largest oil company. Chevron’s court victories were previously ignored by the liberal news media years after CBS promoted the attack. "Today's decision is an important step toward bringing this illegal scheme to a final conclusion," said R. Hewitt Pate, Chevron's...
  • Massive Oil Discovery in Alaska Is Biggest Onshore Find in U.S. in 30 years

    03/12/2017 8:32:52 AM PDT · by rktman · 84 replies
    ktla.com ^ | 3/10/2017 | unknown
    Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades. The massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices. The new discovery was made in just the past few days in Alaska’s North Slope, which was previously viewed as an aging oil basin. Spanish oil giant Repsol and its privately-held U.S. partner Armstrong Energy announced the find on Thursday, predicting production could begin as soon as...
  • LA Times: California’s Next AG Must Take On Exxon’s Climate History

    12/31/2016 9:45:15 AM PST · by rktman · 28 replies
    dailycaller.com ^ | 12/30/2016 | Chris White
    The Los Angeles Times thinks California’s next attorney general must place the investigation into Exxon Mobil’s climate change research at the top of their “to do” list. Whoever becomes California’s next attorney general will have to address the probes and allegations that Exxon lied to the public and investors at the seriousness of man-made global warming, the LA Times editorial board wrote Friday.
  • Chevron Shakedown artist loses yet another round in court

    11/06/2016 7:37:08 AM PST · by rktman · 3 replies
    hotair.com ^ | 11/5/2016 | Jazz Shaw
    Our ongoing coverage of the Chevron Shakedown has taken us down a long and twisting road over these past few years. The prime mover in the United States behind the attempted, fraudulent theft of billions of dollars from the energy giant was New York attorney Steven Donziger. He’s had a run of bad luck since Chevron decided to fight back and exposed the fraud and corruption running rampant in Ecuador’s courts. In August we saw an earlier court decision which reaffirmed the initial finding that Donziger’s case was based on fraud and racketeering. Despite the overwhelming evidence, Donziger attempted to...
  • Big Oil Begins To Worry About Trump’s Wall

    07/18/2016 11:14:56 AM PDT · by bananaman22 · 34 replies
    Oilprice.com ^ | 18-07-2016 | Wall of China
    Donald Trump’s idea to build a wall along the southern border of the U.S. has been called everything from controversial to harebrained, but—to the likely dismay of some of the oil majors—it’s now officially part of the Republican Party’s platform. As it turns out, the idea has been on the GOP table for a while, and Trump was just the man to voice it loudly and persistently enough. Trump’s wall is on the agenda, should he become president. A wall stopping people and vehicles from illegally crossing into the U.S. may appear to be a simple and effective solution to...
  • Big Oil Could Spark A Renaissance In U.S. Shale

    07/04/2016 7:15:41 AM PDT · by bananaman22 · 4 replies
    Oilprice.com ^ | 04-07-2016 | Len
    The collapse of oil prices has killed off any appetite that the oil industry had for megaprojects that cost tens of billions of dollars. With scarce resources, oil companies have shifted their focus, pouring resources into short-cycle projects, which often means shale drilling. Liam Denning over at Bloomberg Gadfly put some numbers to the phenomenon, using data from Oslo-based Rystad Energy. The data is revealing, painting a portrait of an industry that has scaled down the size of new oil projects. Intriguingly, the focus on smaller oil fields began before the plunge in oil prices, although the price crash is...
  • Big Oil Abandons $2.5 Billion in U.S. Arctic Drilling Rights

    05/11/2016 6:29:09 AM PDT · by Lorianne · 12 replies
    Source material cannot be posted to FR | 10 May 2016
    see link below
  • The Political Death of American Coal

    04/19/2016 5:07:17 AM PDT · by Hojczyk · 16 replies
    Newsmax ^ | April 19,2016 | Stephen Moore
    There was a time in America — and it wasn't even so long ago — that liberals cared a lot about working-class people. They may have been misguided in many of their policy solutions — e.g., raising the minimum wage — but at least their hearts were in the right place. Then a strange thing happened about a decade ago. Radical environmentalists took control of the Democratic Party. These leftists care more about the supposed rise of the oceans than the financial survival of the middle class. The industrial unions made a catastrophic decision to get in bed with these...
  • Sanders campaign: Clinton owes us an apology for 'lying' remark

    04/01/2016 7:25:58 AM PDT · by McGruff · 13 replies
    POLITICO ^ | April 1, 2015 | NOLAN D. MCCASKILL
    Hillary Clinton owes Bernie Sanders’ campaign an apology, the campaign said Friday. Clinton on Thursday accused Sanders’ camp of “lying,” alleging that his campaign has been claiming Clinton accepts money from the fossil fuel industry — a statement she forcefully rejected when confronted by an environmental activist. “I think she probably owes the senator an apology for that because the senator is not lying about her record,” Sanders campaign manager Jeff Weaver told MSNBC. “He’s talking about her record. He’s talking about her practices. She obviously doesn’t like it, but that doesn’t make it lying because you don’t like it.”...
  • The Solar Industry Is Dying. Good Riddance.

    03/20/2016 5:20:30 PM PDT · by upchuck · 38 replies
    Breitbart ^ | March 20, 2016 | James Delingpole
    If you still own shares in solar energy it’s probably a sign that you’ve been in the sun too long: the sector is tanking – and deservedly so – as reality dawns that this is a Potemkin industry, an Enron of a con-trick, whose survival depends not on the energy it generates but on the subsidies it squeezes from the taxpayer. Consider Exhibit A: the Ivanpah Solar Electric Generating System in the California desert. This $2.2 billion project, heavily backed with federal grants by the Obama administration, is absolutely brilliant at killing birds. According to some estimates it accounts for...
  • Putin’s Dilemma: To Sell Or To Nationalize Oil Assets

    03/15/2016 5:32:46 PM PDT · by bananaman22 · 4 replies
    Oilprice.com ^ | 15-03-2016 | McEndree
    According to a March 11 Bloomberg article, the Russian government is considering changes in the tax regime for the Russian oil and gas industry in order to bolster government revenues. Should Vladimir Putin consider nationalizing this industry as one of the alternatives? Possibly—if the U.S. shale revolution represents a paradigm shift that will result in sub-$50-$60 crude prices and substantially lower natural gas prices well into the future. Should this be the case, without significant changes in its approach to generating revenue from this industry—which historically has funded ~50 percent of the government’s budget—it seems the Russian government could consign...
  • ACADEMIC GIBBERISH WATCH: WE HAVE ANOTHER WINNER

    03/05/2016 11:13:14 AM PST · by MarvinStinson · 75 replies
    .powerlineblog ^ | MARCH 4, 2016 | STEVEN HAYWARD
    Take a look at this abstract from the journal Progress in Human Geography: ………………………………………………………………………Glaciers, Gender, and Science:A FEMINIST GLACIOLOGY: framework for global environmental change research Mark Carey, M Jackson, Alessandro Antonello, Jaclyn Rushing ABSTRACT Glaciers are key icons of climate change and global environmental change. However, the relationships among gender, science, and glaciers – particularly related to epistemological questions about the production of glaciological knowledge – remain understudied. This paper thus proposes a feminist glaciology framework with four key components: 1) knowledge producers; (2) gendered science and knowledge; (3) systems of scientific domination; and (4) alternative representations of glaciers. Merging...
  • Chesapeake Founder Aubrey McClendon Dies In Car Crash One Day After Federal Indictment

    03/02/2016 12:28:02 PM PST · by Nachum · 55 replies
    zero hedge ^ | 3/2/16 | tyler durden
    Just one day after the DOJ unveiled its had indicted Chesapeake Founder and former CEO Aubrey McClendon on federal charges of conspiring to rig bids for oil and natural gas leases, moments ago the Oklahoma Police announced that he was found dead in a car accident, when while traveling in a 2013 Chevy Tahoe at a high rate of speed he crashed while driving on a two-lane highway and was engulfed in flames. FORMER CHESAPEAKE CEO MCCLENDON DEAD AFTER CAR ACCIDENT: CNBCOKLAHOMA CITY POLICE SAY AUBREY MCCLENDON DEADMCCLENDON WAS GOING FASTER THAN SPEED LIMIT: POLICEMCCLENDON WAS ALONE IN 2013 CHEVY...
  • Washington considers nation's first carbon emissions tax

    02/28/2016 10:10:38 AM PST · by Olog-hai · 39 replies
    Associated Press ^ | Feb 28, 2016 11:09 AM EST | Phuong Le
    Washington could become the first state in the nation to impose a direct tax on carbon emissions from fossil fuels such as coal, gasoline and natural gas. A ballot measure before the state Legislature would create a carbon tax of $25 per metric ton of fossil fuel emissions burned in Washington, while reducing taxes. ...
  • UK Special Envoy to Yemen Alan Duncan Claims US Controlled by Jewish Bankers Posted By On

    10/16/2014 4:30:47 AM PDT · by SJackson · 8 replies
    FrontPage Magazine ^ | October 15, 2014 | Daniel Greenfield
    UK Special Envoy to Yemen Alan Duncan Claims US Controlled by Jewish BankersPosted By Daniel Greenfield On October 15, 2014 @ 12:24 pm In The Point | 18 Comments Alan Duncan, the UK’s Special Envoy to Yemen and Oman, a former oil industry man and current MP, offered a calculated insult to the United States and a staple of Nazi anti-Semitic propaganda as part of his unfortunate campaign against the Jewish State.After denouncing Israeli “Apartheid” despite having built his career working with an oil company that actually propped up Apartheid in South Africa, Duncan demanded that all candidates be...
  • Cruz is big oil’s new crush as donors cool to Bush

    02/20/2016 3:02:44 PM PST · by 2ndDivisionVet · 48 replies
    The San Antonio Express-News | February 19, 2016 | Alex Nussbaum and Meenal Vamburkar, Bloomberg News |
    Link only due to copyright issues: http://www.expressnews.com/business/eagle-ford-energy/article/Cruz-is-big-oil-s-new-crush-as-donors-cool-to-6843524.php
  • The Latest: Syria government 'regrets' rejection of UN move

    02/20/2016 10:51:12 AM PST · by BenLurkin · 13 replies
    Hickory Daily Record ^ | 02/20/2016 | ap
    <p>Saudi Arabia's foreign minister says he favors equipping Syrian rebels with surface-to-air missiles, arguing it would shift the balance of power.</p> <p>Saudi Arabia is a key backer of rebels against President Bashar Assad. Foreign Minister Adel el-Jubeir was quoted as telling German weekly Der Spiegel in an interview published Saturday: "We believe that introducing surface-to-air missiles in Syria is going to change the balance of power on the ground."</p>
  • Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists

    02/16/2016 11:08:01 AM PST · by Trumpinator · 12 replies
    nbcnews.com ^ | Feb 16 2016, 9:34 am ET | Reuters
    Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists by Reuters Feb 16 2016, 9:34 am ET Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production. The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha. It could become the first joint OPEC and non-OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping...
  • Wild GOP debate repeatedly goes off the rails as candidates shred each other on stage

    02/14/2016 2:02:32 AM PST · by Cincinatus' Wife · 128 replies
    Business Insider ^ | February 14, 2016 | Pamela Engel
    "...Some of the last fireworks of the night came when Cruz attacked Trump's supposedly "very, very liberal" policies."Flexibility is a good thing, but you shouldn't be flexible on core principles," Cruz said. "I like Donald. He is an amazing entertainer. But his policies for most of his life..have been very, very liberal."Cruz continued:For most of his life, he has described himself as very pro-choice and as a supporter of partial-birth abortion. Right now today as a candidate, he supports federal taxpayer funding for Planned Parenthood. I disagree with him on that."You are the single biggest liar," Trump shot back. "You...
  • Just a fraction of the world's oil supply isn't profitable at $35 a barrel

    02/12/2016 12:52:48 PM PST · by Zhang Fei · 18 replies
    Business Insider ^ | 2/12/2016 | Bob Bryan
    Wood Mackenzie's report, cited by the energy news service Platts, said about 3.4 million barrels' worth of oil a day was not profitable below $35 a barrel. According to the International Energy Agency, the world's supply is 97.07 million barrels a day. While today's oil prices are below this threshold, the report suggests the price at which US shale and other producers would be forced out of the market is lower than previously thought. As Platts writes, "For many producers, being cash negative is not enough of an incentive to shut down fields as restarting flow can be costly and...