By Daphne Wysham | – ( Otherwords.org) – Burning fossil fuels boils our planet — that much is generally well known. But often these fuels do serious damage before they ever get to market. They spill out of pipelines, poison groundwater, or explode on trains. Even when they don’t, building new pipelines and export terminals […]
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Petroleum
Why Trump let Saudi Arabia and UAE censor his “America First” Speech on Energy
Ann Arbor (Informed Comment) – On Sunday the NYT revealed that Trump’s staff ran his May, 2016 speech on “America First” by Saudi Arabia and the United Arab Emirates for their input into the energy passages, and actually altered the text based on their editing. The hollow joke of Trump’s “America first” slogan could not […]
Iran in Crosshairs Again: It is Always – Always – about the Oil
By Michael T. Klare | – ( Tomdispatch.com) – It’s always the oil. While President Trump was hobnobbing with Saudi Crown Prince Mohammed bin Salman at the G-20 summit in Japan, brushing off a recent U.N. report about the prince’s role in the murder of Washington Post columnist Jamal Khashoggi, Secretary of State Mike Pompeo […]
Could Trump’s Tensions with Iran, Venezuela Cause Gasoline Prices to Spike?
Ann Arbor (Informed Comment) – The tensions between the Trump administration and two of the world’s significant oil producers, Iran and Venezuela, in addition to the campaign of warlord Khalifa Haftar in Libya to take the capital of Libya (another oil state) have raised the prospects of tightening world oil production. Then a few days […]
The Fuel for Global Rivalries, Iran to Venezuela: They’re All Wars for Oil!
Bolton: It will make a great difference to the US economically, if we could have US oil companies invest in and produce the oil in Venezuela.
Leaked Audio Exposes Oil & Gas Execs Laughing With Joy Over Cozy Access to Trump Officials
By Jon Queally, staff writer |- (Commondreams.org) – “It’s really a new world for us and very, very helpful,” said powerful fossil fuel lobby group’s CEO during closed-door meeting A newly-leaked audio recording reveals that oil and gas executives in a private meeting were “giddy” with laughter in the summer of 2017 as they rejoiced […]
ExxonMobil & 4 other Oil Giants Spent $1 bn on Greenwashing PR, $100 bn on New Fossil Fuels
“How can we accept that companies spending hundreds of millions lobbying against EU reaching the Paris agreement are still granted access to decision makers?
In Bellwether, Norway Wealth Fund Dumps Oil Exploration Stocks as Bad Investment
Investing in hydrocarbons for long-term income is the Blockbuster Trap
Bolton & Trump’s Gerontocrats may drag us into Venezuela over Oil when they could just buy an EV
Ann Arbor (Informed Comment) – There are many things wrong with National Security Adviser John Bolton, but the worst is his fixation on petroleum politics. His response to the complex crisis of Venezuela is to hope that US energy corporations can produce some of that country’s oil (“It will make a big difference to the […]