Rising oil prices and the global oil equation
The U.S. already imports over 2 million barrels a day from Canada. It did not protect us from rising prices in 2008, it hasn’t this time, and it never will.
Search Results for: keystone export
Here we go again! Blah baby Blah
As oil prices surge in response to the appalling violence in Libya, the House Natural Resources Committee offered their usual worn out suggestions for addressing America’s vulnerability to oil price shocks; more domestic drilling. Clearly energy only means one thing to this GOP dominated committee, fossil fuels. Domestic drilling may help Americans feel like something’s … Read More
Posting the Wrong Message on the Tar Sands
When Canadian Prime Minister Stephen Harper met Barack Obama at the end of last week he asked the American president to support a highly controversial $7-billion pipeline that could double the amount of dirty tar sands that could be exported to the United States. TransCanada’s proposed Keystone XL pipeline has been on hold since last … Read More
Putting Tar Sands in Your Tank …
Disaster One. New estimates put the amount of oil per day pouring into the Gulf of Mexico at one million gallons a day. If this is so, BP’s disaster may have spilt more oil than the Exxon Valdez, when at least eleven million gallons poured from the stricken tanker. Disaster Two. There is another ecological … Read More
The Price of Oil: Local Pollution
Every link in the chain of oil production, from exploration through consumption, generates profound damage to the local environment and communities. As the industry moves towards increasingly risky forms of fossil fuel production, the impacts become more pronounced. A notable Harvard Medical School study identifies impacts from many aspects of oil production. Exploration for new … Read More