Research & Opinions Archives - The Price of Oil

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Oil’s new supply boom is a bust for the climate
Steve Kretzmann, October 25, 2012
What if you knew that smoking that one last packet of cigarettes was going to give you cancer? Imagine if our understanding of cancer was so precise as to allow doctors to predict with virtual certainty that smoking that particular pack, which you just picked up at the corner store, would definitely be the last...
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Report: Phasing Out Fossil-Fuel Subsidies in the G20: A Progress Update
Steve Kretzmann, June 17, 2012
In our second review of progress in meeting this phase out commitment we conclude that the G20 effort is currently failing.
Report – Low Hanging Fruit: Fossil Fuel Subsidies, Climate Finance, and Sustainable Development
Lorne Stockman, June 14, 2012
Our latest report finds that global fossil fuel production and consumption subsidies are at least $775 billion annually and could be $1 trillion or even more. There is an urgent need for transparency in subsidy reporting.
Keystone XL Gas Price Myth Busted
Lorne Stockman, May 22, 2012
This report finds that Keystone XL would reduce gasoline supplies in America by diverting Canadian tar sands crude from the Midwest to the Gulf Coast, blowing apart the tar sands industry's claims that building the Keystone XL pipeline would lower gasoline prices in America.
Irrational Exemption: Tar sands pipeline subsidies and why they must end
Lorne Stockman, May 15, 2012
This briefing finds that the transport of tar sands oil through pipelines in the United States is exempt from payments into the Oil Spill Liability Trust Fund, which creates a free ride worth over $375 million to tar sands oil producers between 2010 and 2017.
Dirty Energy Money pouring into Congress faster than ever before
Steve Kretzmann, May 9, 2012
Members of Congress have taken almost $16 million from the oil, gas and coal industries so far in this 112th Congress. That puts this Congress on track to be the dirtiest ever. The information comes to light as part of the latest update of DirtyEnergyMoney.com, a project of Oil Change International which uniquely refines and...
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Keystone refineries on export overdrive
Lorne Stockman, April 4, 2012
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.
Rising gas prices, Keystone XL and the real solutions
Lorne Stockman, February 24, 2012
with Steve Kretzmann Much is being written and said about rising gas prices, Obama’s energy policies in general and the Keystone XL pipeline in particular. While the President’s opponents repeat ad infinitum the “Drill Baby Drill” mantra, it has been interesting to note that much of the mainstream press has been skeptical. And so they...
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Keystone XL benefits from taxpayer subsidies
Lorne Stockman, February 8, 2012
Sen. Mitch McConnell claimed recently that the Keystone XL Pipeline “doesn’t require a penny of our taxpayer money all the president has to do is approve it.” But our research reveals many places that the pipeline project benefits from taxpayer subsidies. The refineries that are linked to the Keystone XL tar sands pipeline as committed...
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Keystone XL Does Not Enhance U.S. Energy Security
Elizabeth Bast, January 18, 2012
New report by Oil Change International and Natural Resources Defense Council finds Keystone will increase price of oil in the Midwest.