By Neil Thompson | (Informed Comment) – The era of Western neo-colonial dominance in the Middle East may finally be drawing to a bloody close. The Western monopoly ended almost unnoticed in 2013 when China replaced the European Union as the region’s foremost trading partner, pushing the US into third place, with India breathing at America’s heels […]
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Petroleum
Elon Musk’s Battery for Solar Homes may Change Electric Utilities forever
TomoNews | – “Tesla is developing a battery that can power homes with stored solar energy so that users do not need to draw power from electricity grid.” TomoNews: “Elon Musk: Tesla to launch batteries that can power homes”
Keystone of Corruption: The Money Pipeline from Big Oil to Congress
By Kitty Stapp NEW YORK (IPS) – With battle lines sharpening over the stalled Keystone XL pipeline, a new analysis details the intense industry lobbying of both houses of the U.S. Congress since 2013 – to the tune of 58.8 million dollars by five refinery companies alone. According to MapLight, a nonprofit, nonpartisan research organisation […]
EPA: Keystone XL would have a ‘significant’ impact on climate
The Tree | — Intro The arguments for rejecting the construction of the Keystone XL tar sands pipeline just got stronger: this time its about carbon emissions. On last Monday, the Environmental Protection Agency (EPA) challenged the State Department to revisit its environmental impact analysis of the pipeline, saying that developing Canada’s tar sands “represents […]
Big Oil wants N. Dakota to ease radioactive waste laws on Fracking
RT | – “Amid falling oil prices nationwide, energy industry players in North Dakota want officials to alter radioactive waste disposal laws so that more toxic fracking fluid can be stored in-state, saving companies tens of thousands of dollars per truckload.” RT: “Big Oil wants N. Dakota to ease radioactive waste laws – to save […]
The false promise of fracking and local jobs
By Susan Christopherson | (The Conversation) In a surprise decision that led to consternation in the oil and gas industry and elation among fracking opponents, New York Governor Andrew Cuomo in December banned fracking in the state. He attributed his decision to unresolved health risks associated with this drilling technique, but the governor surely also […]
New Saudi King to Obama: Lower-price Oil Policy won’t Change
By Juan Cole | (Informed Comment) – President Obama cut short his India trip to head off to Riyadh in the wake of the death last Thursday of King Abdallah of Saudi Arabia. Some 30 members of the Washington elite came along, of both parties, including Sen. John McCain and Rep. Nancy Pelosi. This love […]
Why Fracking & Tar Sands are Doomed: Low-Cost Oil and Pollution
Tom Giesen| (Informed Comment) — Here is a brief primer on the real implications of the decline of oil prices and environmental degradation on the unconventional petroleum industry (fracking, tar sands and deep-water drilling). Oil has been relatively inexpensive, energy intensive, portable, relatively safe, convertible to myriad uses – an incredibly useful substance, especially in […]
Massive Oil spill from major pipeline threatens Israel nature reserve
AFP | — “A major pipeline leak has caused oil to gush into the Arava desert in southern Israel, threatening a protected nature reserve, officials said Thursday.” AFP: “Oil spill from major pipeline threatens Israel nature reserve”