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The Price of Oil

Exposing the true costs of fossil fuels

Oil Change International campaigns to expose the true costs of fossil fuels and facilitate the coming transition towards clean energy.

Posts in November 2008

• Shell Postpones Second Oil Sands Project

  Andy Rowell, November 28, 2008
  A few months ago it was all boom in Alberta. There was a labour shortage, skills shortage and the dollars were pouring in. Not any more. One by one the investments are drying up, as the crunch hits and the oil price bounces around the $50 mark. Oil giant Shell has announced it is delaying...
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• The Climate Sceptic About to Lead the EU

  Andy Rowell, November 27, 2008
  In January 2009, much of the world’s attention will focus on the shift of power from President Bush to Barack Obama. But the US is not the only place where there will be a significant power shift. The presidency of the EU also moves that month from France to the Czech Republic. So why does...
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• Justice Begins at Home

  Andy Rowell, November 26, 2008
  In May 1998, 121 unarmed youths from the 42 communities of Ilajeland in the Niger Delta decided to join the waves of protests against the oil companies sweeping the region. Whereas many of the previous protests had been against Shell, the oil company operating in their area was Chevron. They got into boats and canoes...
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• The Other CO2 Problem…

  Andy Rowell, November 25, 2008
  The other day I went to a lecture by one of Britain’s leading marine scientists. His talk was on the “Other CO2 Problem,” which is not the problem of rising CO2 levels in the atmosphere, but of rising acidity in the world’s oceans. The oceans absorb about a third of the CO2 released into the...
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• Portugal Leads the “Green” Car Revolution ….

  Andy Rowell, November 24, 2008
  As the auto industry crisis continues in Washington after the impasse in Congress late last week, you could argue that the American car industry is paying a heavy price for ignoring the warning signs of a coming economic crunch and growing ecological consciousness. Contrast the image of the ailing big three American car companies begging...
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• “I Will Point Out Hypocricy”

  Andy Rowell, November 21, 2008
  As the price of oil plummets below $50 a barrel, the price of gasoline falls too. The high oil prices and record gas prices of the summer now seem years away. As we fill up our cars, the temptation will be that cheaper motoring will mean more motoring. But not if the friendly folks from...
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• Good Riddance, Uncle Ted

  Andy Rowell, November 20, 2008
  So ends a political era. The Alaskan senator Ted Stevens, the longest-serving Republican senator in history and a force on Capitol Hill for decades, yesterday finally conceded the re-election race to his Democratic rival, Mayor Mark Begich. This brings us to the end of the “Uncle Ted” era in Alaska, when billions of  Stevens’s “pork-barrel”...
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• A New Chapter but Same Old “Solutions” (maybe)

  Andy Rowell, November 19, 2008
  American President-elect Barack Obama sent a video-taped message to a conference on climate change in Los Angeles yesterday that, under his administration, he would to promise a “new chapter in America’s leadership on climate change”, leading to a “new era of global cooperation” on the issue. In his message, Obama pledged “a new chapter in...
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• In its Dying Days, Bush Administration Promotes Oil Shale

  Andy Rowell, November 18, 2008
  Once an oil man always an oil man. Old George W might be a lame duck President, but he still has oil flowing through his veins. Whilst the world’s focus is on what the new Obama Presidency will do to combat climate change or energy security, old President Bush is making sure he makes the...
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• Exxon: Betting on the Wrong Horse

  Andy Rowell, November 17, 2008
  It was Benjamin Franklin who once said: “Certainty? In this world nothing is certain but death and taxes.” In these uncertain times, with a volatile oil price, rising temperatures and a sea-change of political will and ideology in the White House, who would envy the CEO of a leading Fortune 500 oil company, plot the...
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