In the UK, David Cameron’s Conservative Government is still reeling from the “Cash for access” sting by the Sunday Times newspaper at the weekend where the Conservative co-party Treasurer, Peter Cruddas was caught promising access to the prime minister, including private dinners, in return for donations of over ÂŁ250,000. In order to try and damage … Read More
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“No Idea How to Fix” North Sea Gas Leak
If you read any literature from the oil and gas industry it always argues that it is one of the best regulated industries in terms of safety and preparedness. This is an industry that understands the dangerous risks of drilling, prepares for it and mitigates to make sure accidents do not happen. If an accident … Read More
Gas Price Reality Check
Two items out today have reinforced what we have known all along about gas prices and domestic drilling. The first provides strong statistical evidence that there is no correlation between domestic drilling in the United States and gas prices. The second shows that gasoline prices in Canada, a net exporter of crude oil, follow the same volatile … Read More
BP’s Oil “Entered Food Chain”
At the height of the Deepwater disaster, then CEO of BP, Tony Hayward said it was only a drop in the ocean, so not to worry. BP’s scientists and cronies were quick to argue that the vast majority of the oil had been broken down and dispersed and that there was nothing to worry about. … Read More
IEA’s “golden rules for the golden age of gas”
The respected chief economist of the IEA, Fatih Birol, has warned that the world will become increasingly reliant on shale gas and oil from Iraq in the coming decades. In part to help stave off the growing public backlash against shale gas, the IEA is preparing, along with a number of governments, a set of “best … Read More
Yet More Hypocrisy from Heartland
I have known the leading climate sceptic-watcher, Cindy Baxter, for many years. Once labelled by the Guardian newspaper as the “Antipodean scourge of the oil industry”, Baxter has long been a thorn in the side of those who deny climate change and carry drilling oil regardless of any consequences. And, like many who have watched … Read More
US Oil Boom “Increases Energy Vulnerability”
As the International Energy Agency warns that world oil markets face a “bumpy ride” in the months ahead, Barack Obama has being trying to defend his energy policies. His defence comes at a time when rising gas and energy production prices look increasingly likely to be become a key election issue in November, with his … Read More
Africa’s New Scramble for Gas
Some twenty five years ago when Amoco were exploring for oil offshore Somalia, the company was convinced that the waters of East Africa contained vast reserves of oil and gas. But its exploration was unsuccessful, Somalia was ripped apart by civil war and the waters of East Africa, once the tranquil domain of dhows and … Read More
Canada’s Top Level Collusion Over the Tar Sands
Anyone who has been following the extensive international lobbying activities of the Canadians trying to bully tar sands onto the market, will know there has been routine high level cooperation between the Federal and Albertan governments and the oil industry. But now new documents, released under Freedom of Information, reveal that the Federal and Alberta … Read More
North Dakota’s oil boom from space
It has been mentioned often that the mining of tar sands in Alberta, Canada can be seen from space. Recent composite images from the Air Force’s Meteorological Satellite, brought to our attention by the great work at Skytruth.org, show another new form of North American oil production and its extensive reach and impact. The red area in the image is … Read More