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Posts in Research & Opinions

• Payback Time? The Supercommittee & Fossil Fuel Subsidies

  Elizabeth Bast

  Nov09

  The 12 members of the Joint Select Committee on Deficit Reduction, or “supercommittee,” have received at least $4.2 million in campaign contributions from dirty energy interests lobbying to keep their wasteful taxpayer subsidies, according to a new report from Oil Change International (OCI) and Public Campaign Action Fund (PCAF). The report analyzes the millions of…
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  The Keystone XL Energy Security Sham

  Lorne Stockman

  Oct06

  Tomorrow sees the final public hearing in the national interest determination process surrounding the controversial Keystone XL pipeline. The proposed 1,700 mile pipeline would bring up to 900,000 barrels per day of dirty tar sands crude to the Gulf Coast from Alberta, Canada if approved by the State Department. The hearing will take place in…
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  Report: Exporting Energy Security: Keystone XL Exposed

  Steve Kretzmann

  Aug31

  The Keystone XL Pipeline: Oil for Export, Not for U.S. Energy Security Industry Documents Reveal Scheme to Reach Lucrative Markets Abroad Download the full report. In pushing for the Obama Administration’s approval of TransCanada’s proposed Keystone XL tar sands pipeline, the North American oil industry and its political patrons argue that the pipeline is necessary…
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• Oil Money and the “SuperCongress”

  Steve Kretzmann

  Aug17

  Eight of the twelve members of the newly-named Joint Committee on Deficit Reduction have voted in the last two years to allow oil companies to keep more than $4 billion annually in taxpayer subsidies in place. All six Republicans have consistently voted to preserve oil industry handouts. Oil industry lobbyists have made maintaining these handouts…
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• Report Finds World Bank’s Energy Lending Fails to Target the Poorest

  Elizabeth Bast

  Jun07

  Tuesday, June 7, 2011 FOR IMMEDIATE RELEASE CONTACT: Elizabeth Bast, Oil Change International, 202-641-7203, ebast@priceofoil.org Patricia Brooks, ActionAid USA, 202-351-1757 Report Finds World Bank’s Energy Lending Fails to Target the Poorest, Calls for Decentralized Clean Energy to Achieve Development Goals WASHINGTON, D.C. – New research released today by Oil Change International, ActionAid International and Vasudha…
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• Senators Opposing End of Oil Subsidies Received Five Times More in Big Oil Campaign Cash

  Steve Kretzmann

  May17

  Find out how much oil money your elected representatives take by visiting the Dirty Energy Money site. Washington, D.C.—U.S. Senators that blocked a vote on legislation to end taxpayer subsidies to oil companies have received five times more in campaign contributions from oil and gas interests than those who voted to begin debate, according to…
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• Senate Finance Committee Awash in Campaign Cash from Big Oil

  Steve Kretzmann

  May12

  Media Contacts: Adam Smith, Public Campaign Action Fund, (202) 640-5593, asmith@publicampaign.org Steve Kretzmann, Oil Change International, (202) 497-1033, steve@priceofoil.org For Immediate Release May 12, 2011 Senate Finance Committee Awash in Campaign Cash from Big Oil Committee Republicans take 4 times more oil money than Democrats, on average As representatives of the biggest oil companies are…
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• Fact Sheet: Ending Oil Subsidies in the US

  Steve Kretzmann

  May05

  As the U.S. Congress debates several measures to remove oil industry subsidies, we have published a new factsheet that overviews some of the key issues in the subsidy debate. Additional information is available from Oil Change International by visiting our page on fossil fuel subsidies, by emailing info@priceofoil.org or calling (202)-518-9029.

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  Reserves Replacement Ratio: past its sell-by date?

  Lorne Stockman

  Jan18

  Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects? Those of us outside the financial sector may not be too familiar with acronyms such as RoACE, NAV or RRR. But the last one in particular has been intriguing me lately because of its implications…
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• Report: Reserves Replacement Ratio Fuels Frenzy for Tar Sands, Arctic & Deepwater

  Steve Kretzmann

  Jan17