We stopped Keystone XL and Dakota Access before and we’ll do it again. These are fights Trump and his bullies won’t win.

New research released today reveals disturbing new evidence on how locking-into new long-lived tar sands production undermines global efforts to address the global climate crisis far beyond Canada’s borders.

Rex Tillerson seems determined to run US foreign policy like he ran Exxon: deny, evade, and even lie, in order to defend power and certainly without regard to any 'moral compass'.

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 profitable, according to a new report by the Stockholm Environment Institute and EarthTrack. The study shows that at current prices of around $50 per barrel, 45 percent of discovered, but not yet developed, oil resources are only economically viable with federal and state production subsidies.

The study can be found here: https://www.sei-international.org/publications?pid=3036. An accompanying blog

We congratulate President Obama for this historic action. As he knows, and as he stated when he rejected Keystone XL, ‘if we’re going to prevent large parts of this Earth from becoming not only inhospitable but uninhabitable in our lifetimes, we’re going to have to keep some fossil fuels in the ground.