Posts in April 2008
Bush: Open ANWR to Ease Gas Crisis
Like a record stuck in a bad groove, President Bush has reiterated his call for Congress to open more areas for drilling, including ANWR. “If Congress is truly interested in solving the problem, they can send the right signal by saying we’re going to explore for oil and gas in the U.S. territories,” starting with…
Continue reading ‘Bush: Open ANWR to Ease Gas Crisis’.US Ordered to Act on Polar Bear
A judge has told the US government to decide within weeks whether to list polar bears as an endangered species. The federal judge rejected the Bush administration’s pleas for a further delay, and ordered it to make and implement its decision by 15 May. A listing could restrict oil and gas exploration in the US…
Continue reading ‘US Ordered to Act on Polar Bear’.Iran Dumps the Dollar
Iran, OPEC’s second-largest producer, has completely stopped conducting oil transactions in U.S. dollars, a top Oil Ministry official has admitted. It is a concerted attempt to reduce reliance on Washington at a time of tension over Tehran’s nuclear program and suspected involvement in Iraq. Iran has dramatically reduced dependence on the dollar over the past…
Continue reading ‘Iran Dumps the Dollar’.Don’t Buy It! Tar Sands Oil Still Dirty
Deputy Premier of Alberta Ron Stevens is in Washington this week, meeting with Bush Administration officials and members of Congress to promote the importation of dirty tar sands oil to the United States. Oil Change and our coalition partners took out an ad (pdf) to greet him. Stevens is expected to advocate that tar sands…
Continue reading ‘Don’t Buy It! Tar Sands Oil Still Dirty’.At Least Someone is Happy
As consumers from Atlanta to Aberdeen struggle with soaring gas prices, and Clinton and Obama squabble over gas tax rebates, at least the oil barons are happy. Royal Dutch Shell and BP have racked up combined profits of over $14bn in just three months, thanks to the soaring prices of oil and gas. The rival…
Continue reading ‘At Least Someone is Happy’.Climate Change “Affecting Poor Children”
Now to the other side of our oil addiction. Climate change is already affecting the prospects for children in the world’s poorer countries, according to Unicef. The UN children’s agency says that increases in floods, droughts and insect-borne disease will all affect health, education and welfare. While richer societies can adjust, it says in a…
Continue reading ‘Climate Change “Affecting Poor Children”’.Nigeria No Longer Top Africa Exporter?
Nigeria, which has been forced to shut in more than half of its oil output following rebel attacks and a workers’ strike, could lose its position as Africa’s top oil exporter to Angola. The cumulative oil production outage for Africa’s most populous nation now amounts to more than 1.3 million barrels per day from its…
Continue reading ‘Nigeria No Longer Top Africa Exporter?’.Trade War Over Biofuel Subsidies
Oh the irony, the poor starve, yet the rich squabble over subsidies. European biodiesel producers have triggered a fresh transatlantic trade war by urging the EU to impose punitive duties on cheap imports from the US. They claim that low-priced imports of biofuels are putting many European producers out of business. Their American rivals immediately…
Continue reading ‘Trade War Over Biofuel Subsidies’.Climate Fix “Harms” Ozone
Research has cast new doubt on the wisdom of using Sun-blocking sulphate particles to cool the planet. Sulphate injections are one of several “geo-engineering” solutions to climate change being discussed by scientists. But data published in Science journal suggests the strategy would lead to drastic thinning of the ozone layer.
Oil Close to $120 a Barrel and Rising
It wasn’t so long ago that the world worried when oil would reach $100 per barrel. Now oil is close to $120 and shows no sign of slowing down. The record price hike was due to nearly North Sea production was shut down yesterday because of a strike at the Grangemouth refinery in Scotland. This…
Continue reading ‘Oil Close to $120 a Barrel and Rising’.
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