If you listened to, or read, President Bush’s speech last night, you might be thinking that a 20% reduction in gasoline use over the next decade sounds pretty good. That is, until you go to the White House website to read the details of the plan, in which they use a word the President conveniently … Read More
Separate Oil and State
Bearing Point is Major Bush Financier
The Independent on Sunday continues its excellent reporting on the origins and scandal behind the soon to be introduced, US approved, Iraqi oil law. Last week the IoS reported that Bearing Point, a Virginia based contractor, heavily advised the Ministry of Oil on the law. This week we discover that Bearing Point contributed more than … Read More
NYT: Incentives on Oil Barely Help U.S., Study Suggests
Great article from the New York Times last week, fyi. Original here. Or read on for pasted text.
What we’ve done…
Thank you. With your support, we are just more than a year into building an organization that is conducting strategic corporate and educational campaigns to diminish the power of the oil industry. But we need your help to keep challenging Big Oil. We have achieved a lot with a little this year – please read … Read More
WWF: British Government Should Stop Financing Big Oil
WWF is calling on the UK Government to stop using its Export Credit Agency (ECA) to subsidize Big Oil and other carbon intensive sectors. ECAs are public agencies that provide government-backed loans, guarantees, credits and insurance to private corporations from their home country to do business abroad.
Pelosi Promises To End Oil Subsidies
Washington’s political landscape is changing fast. Rumsfeld has gone, just days after Bush said he would never sack him and now it looks like the Democrats have taken the Senate as well. Just days after being a Republican-hate figure, the new Speaker Nancy Pelosi is having lunch with President Bush. I am sure they will … Read More
Foxes, Henhouses, and Lee Raymond
The Exxpose Exxon coalition, which Oil Change is a part of, is highlighting and objecting to the latest egregious example of the cozy relationship between oil and state. Remember all the scandal around Cheney’s closed door National Energy Strategy? Now there’s a new study – requested by the government and run by the oil industry … Read More
Investment Bank: Politics influences price of oil
Check out New York Global Securities analyst Phillip Miller’s investment advice on oil, which boils down to: buy now, because the price is going back up after the election. “We believe that the last three major declines in the price of oil coincided with various U.S. Senatorial hearings and expectations surrounding the upcoming U.S. midterm … Read More
Wall St. analysts: politics determines price
Think the idea that gas and oil prices have been driven down in advance of the election is exclusively the province of lefty liberal bloggers? Check out this piece on New York Global Securities Analyst Phillip Miller’s investment advice on oil – buy now, because the price is going back up after midterms. Miller said, … Read More
Separating Oil & State
It’s working – if current trends hold, this next Congress will be the least beholden to the oil industry of any since 1990! Significantly more members of Congress are clean, and less money overall has been accepted than at any other time over the last 15 years (not that $13 million from the oil & … Read More