Is it not time, with the threat of increasing political and economic instability and the growing risk of climate change, that we finally recognize the costs of fossil fuel dependency are too high?
‘Frozen Future’ warns investors of the risks to shareholder value from Royal Dutch Shell’s Alaskan Arctic drilling program.
Refineries that may be supplied by Keystone XL continue to increase exports. Gulf Coast refined product exports have grown 172% since 2008.
Ten years from now we could be seeing over four times more crude oil transported by rail throughout the US and Canada, some 4.5 million barrels per day. Are we comfortable with that?
Senator Lisa Murkowski has put U.S. crude oil exports front and center of her policy agenda today. The debate on crude oil exports, like that on natural gas (LNG) and coal exports, should be about climate change.
Oil Change International has launched a new online tool today that tracks the flow of Canadian tar sands crude oil to North America’s refineries.
The Refinery Report project will develop and publish data on North America’s refineries, beginning with the amount of crude oil refined from the world’s dirtiest and most destructive source of oil: the Canadian tar sands.
The International Energy Agency’s flagship annual report, the World Energy Outlook, is out today and it confirms what Keystone XL opponents have been saying all along. Building pipelines will increase tar sands production.
Today Bloomberg News revealed that the American Petroleum Institute (API) has developed a strategy to challenge America’s crude export regulations using international trade law. Deregulating U.S. crude oil exports would make fracking and the tar sands even more profitable than it already is and enable the industry to go into ever more marginal and extreme reserves to produce more of these extreme oils.
Our latest report released today exposes U.S. oil producers that want to export crude oil despite the fact that they still only produce barely more than 50% of U.S. oil demand. 40 years on from the Arab oil embargo and America’s oil producers have only one thing on their minds; profits. Lifting crude export restrictions … Read More