And so it goes on. Any regular reader of this blog will know that the good old boys at the American Petroleum Institute (API) often pluck magic figures out of the air to over-inflate the importance of the oil and gas industry to the economy. They also often distort key debates on offshore drilling and … Read More
Month: April 2012
Obama Says Romney is “Candidate of Big Oil”
After Mitt Romney’s latest victories in the Republican primaries in Wisconsin, Maryland and Washington DC, he is increasingly looking like securing his party’s nomination. The former Massachusetts governor obviously thinks so and in his victory speech he completely ignored his Republican rivals to focus his ire on President Obama instead, calling him an “out-of-touch liberal”. … Read More
Keystone refineries on export overdrive
In the last quarter of 2011, the majority (51%) of the two prime transport fuels produced in Port Arthur and Houston area refineries went to export markets, including 73% of gasoline and 40% of diesel.
Gas Leak was “Impossible” Workers Told
First the good news. Over the weekend the French oil giant Total confirmed that the flare that had been burning on its abandoned Elgin rig in the North Sea had “extinguished itself.” The flare was causing real concern in case it ignited the escaping gas. With the flare out, Total has said it could begin … Read More
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