Upton / Koch Committee’s Witnesses for Big Oil

February 9, 2011By Steve KretzmannBlog Post, Featured, Separate Oil and State 1 Comment

This is a cross post from Brad Johnson and Noreen Nelson at the Center for American Progress. The House Energy and Commerce Committee, now under Republican control, is holding a hearing right now to discuss blocking the Environmental Protection Agency’s ability to reduce global warming pollution. Rep. Ed Whitfield (R-KY), who has received $9,000 from … Read More

Posting the Wrong Message on the Tar Sands

February 8, 2011By Andy RowellBlog Post, Featured 1 Comment

When Canadian Prime Minister Stephen Harper met Barack Obama at the end of last week he asked the American president to support a highly controversial $7-billion pipeline that could double the amount of dirty tar sands that could be exported to the United States. TransCanada’s proposed Keystone XL pipeline has been on hold since last … Read More

Investors Warn Over Deepwater Risks

February 4, 2011By Andy RowellBlog Post, Featured

The oil industry may be arguing that its back to business as usual after the Deepwater Horizon blowout, but the disaster is still causing major ripples within the investment community. And now the shareholders – who together represent investments of $2.5 trillion – are coming together to force through further changes. They are arguing that … Read More

BP, the Russian Godfather & Rogue States

February 1, 2011By Andy RowellBlog Post, Featured

As BP reported a $5bn loss after Gulf oil spill, confusion reigns this morning whether the company will be able to pay its dividend in full. The company has publicly announced that it will pay a dividend for the first time since the Deepwater disaster. But Bob Dudley’s hopes of winning round the investment community … Read More