Posts in July 2008
McCain strikes oil money
This just in from the Public Campaign Action Fund via the Washington Post: Oil and gas industry executives and employees donated $1.1 million to McCain last month — three-quarters of which came after his June 16 speech calling for an end to the ban — compared with $116,000 in March, $283,000 in April and $208,000…
Continue reading ‘McCain strikes oil money’.The 800 Billion Barrel “Bargain Basement” Sale
The old saying is “when in a hole, stop digging”. Faced with rising energy prices, and concern over climate change, rather than disinvest out of oil, the US is going to start digging for more of it. But this time it’s oil shale, which is dirtier, and more energy intensive than conventional oil. Oil shale…
Continue reading ‘The 800 Billion Barrel “Bargain Basement” Sale’.The oil industry wins again…
There has been a growing perception amongst the environmental community that, given the political and economic prominence of climate change over recent years, that the battle over the issue is slowly being won. Whilst this may be so, the oil industry and its cronies are still out there fighting tooth and nail, continuing the campaign…
Continue reading ‘The oil industry wins again…’.“100 months to save the planet”
The clock is ticking. And is getting faster. We are entering the most serious global crisis since the Great Depression, at the same time as we face unprecedented climate change. Such is the need for urgent action that we only have only 100 months to save the planet, according to a new policy group called…
Continue reading ‘“100 months to save the planet”’.Biofuels: The $11 Billion Folly
Logic would have it that you would not spend billions on something that doesn’t work. You wouldn’t would you? Well that’s logic… So how illogical is it that we are spending billions of dollars on policies that don’t work? And I’m not talking about the war in Iraq, either. I am talking biofuels. A new…
Continue reading ‘Biofuels: The $11 Billion Folly’.Democrats call for Investigation into Iraq Oil Deals
Four Democratic senators, including Senator Carl Levin have called on the State Department’s inspector general to investigate whether the agency encouraged lucrative oil deals between Iraq and several Western companies. Any back-room meddling would violate US administration policy, which was to discourage the business dealings until Baghdad passed the controversial Oil law, which has been…
Continue reading ‘Democrats call for Investigation into Iraq Oil Deals’.Shell Lobbyist is Top McCain Donor
US Presidential candidate Senator John McCain has released an updated list of his top donors. It reveals that nearly a fifth of those who have brought in the largest amounts for him, more than $500,000 each, are lobbyists or work for firms that engage in lobbying. One of those listed is a top oil lobbyist…
Continue reading ‘Shell Lobbyist is Top McCain Donor’.Bush Lifts US Oil Exploration Ban
We have said it before and we will say it again. Once an oilman always an oilman. You can’t get crude out from your veins. Yesterday, in a sop to his oil industry buddies, George W. Bush lifted an executive order banning oil exploration in US waters. It was a political move aimed at ratcheting…
Continue reading ‘Bush Lifts US Oil Exploration Ban’.Airlines Spin Anti Oil-Speculation Website
Log onto the website StopOilSpeculationNow.com and you might think that it’s a plea by poor American consumers who are being hit by rocking oil prices. But you would be wrong: it is a PR effort by the Air Transport Association of America. The adverts include one where a globe is being squeezed with a drop…
Continue reading ‘Airlines Spin Anti Oil-Speculation Website’.Britain Offers Military Assistance to Nigeria
Before his death, one of the great and most respected Nigerians of the modern era, Claude Ake, warned about the “militerisation of commerce.” He repeatedly warned against Shell’s use of the military and mobile police force to protect their oil interests in the Delta. In the twelve years since his death, America has increased its…
Continue reading ‘Britain Offers Military Assistance to Nigeria’.
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