Posts by Andy Rowell
- A political show-down is now inevitable after the Senate yesterday passed a Bill to force approval of the politically toxic Keystone XL pipeline. In doing so, they have set up an bruising political clash with President Obama who is almost certain to veto the Bill. As Obama decides what to do, there will be many...
Continue reading '“Shameful” Senate Passes KXL Bill'.
- It could all be over before it even began. The boom could turn to bust before a well is even drilled. The British fracking industry now faces growing resistance from numerous influential voices.
- As Americans listen to their President tonight give his sixth annual State of the Union address, many people will be eagerly awaiting to see if he says anything about what has become one of the biggest political headaches of his Administration: the controversial Keystone XL (KXL) pipeline which will transport dirty tar sands from Canada to the US.
- It is hard to believe but it is nearly five years since BP’s reckless behaviour caused arguably America’s worst environmental disaster.
- Just how low can the oil price go? What was unthinkable even a few months ago is now becoming distinctly probable, even likely. As analysts dissect the ramifications for the oil industry of $40 dollar barrel, oil traders are now thinking that the price of crude will halve that to a staggering $20 a barrel. Prices have not been that low for twenty years.
- It is a majestic world heritage site located on the west coast of Newfoundland, which is seen as one of the jewels in Canada’s crown. But it could be under threat from the controversial technique of fracking in the future.
- Later today the Senate floor is expected to vote on the controversial Keystone XL pipeline, although currently Senators do not have enough votes to override Obama’s promised presidential veto on the issue.
- As the political squabbling over Keystone XL continues to dominate the political landscape in Washington, yesterday the Senate energy committee voted 13-9 in favour of a bill that would force construction of the controversial pipeline.
- If you had Googled “fossil fuels” and “stranded assets” a few years ago, you would have probably got no hits. But how times change.
- The new year has started just like the old one ended, with the oil price continuing its downward slide. This morning oil dropped to five and a half year low as over supply continued to spook the markets.
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