FOR IMMEDIATE RELEASE January 10, 2017 Contact: Janet Redman, janet [at] priceofoil [dot] org David Turnbull, david [at] priceofoil [dot] org Study: U.S. Oil Industry Heavily Dependent on Government Handouts Almost Half of All U.S. Oil Production Subsidy Dependent Almost half of the oil production in the United States will depend on taxpayer handouts to make it … Read More
Gulf of Mexico
“President Obama: More Drilling = More Floods”
As Louisiana recovers from the worst flooding in the US since Hurricane Sandy, you would have thought that the chaos and lives lost in the flooding would force an immediate rethink from the Obama Administration regarding energy policy and our continued use of fossil fuels.
US Secretly Approves Hundreds of Offshore Fracking Wells
As the US shale industry comes under increasing scrutiny for its environmental and health impact, it has emerged that the US has secretly approved fracking offshore leading to billions of gallons of waste-water to be dumped at sea.
BP’s “Sunken Cities” Exhibition is “Beyond Parody”
Oh dear, BP. Last week was a lesson in how corporate sponsorship of the arts backfires badly.
Shell’s Oil Spill the Size of Manhattan
Oil giant Shell is still struggling to clean up an estimated 90,000 gallons of oil spilt in to the Gulf of Mexico last Thursday. This latest spill has led to increased calls by local residents on President Obama not to open additional leases in the next Five Year Plan for the Gulf.
Briefing: BOEM 5 Year Offshore Drilling Plan and the Climate
The recently released draft five-year plan for offshore oil and gas drilling is predicated on a failure to act on stated climate policy. To remedy this, the U.S. government should act quickly to implement a climate test in order to evaluate energy decisions on the basis of our national and international climate commitments.
Release: 100,000+ urge President to end fossil fuel leasing from public lands and waters
A petition calling for an end to fossil fuel leasing on public lands and waters has garnered more than 100,000 signatures on the White House’s “We the People” online platform, surpassing the threshold necessary to trigger an official response from the White House.
America’s First “Climate Refugees” Receive Funding To Relocate
A small community of French-speaking Native Americans, who have lived on the low-lying Isle de Jean Charles in Louisiana for generations, have become America’s first official climate refugees.
BP’s Dispersants Didn’t Help Break Down Oil From Spill
Once again the veterans of the Exxon Valdez have been proved right, after their warnings about the use of toxic dispersants during the subsequent Deepwater Horizon oil spill look to have been vindicated by new academic research.
BP’s $21 Billion Deepwater Fine the “Punishment it Deserves”
Oil giant BP will pay nearly $21 billion to settle its 5 year old dispute with US Federal and State authorities over the Deepwater Horizon oil spill, which killed eleven workers, and spilt millions of gallons of oil across the Gulf of Mexico.