1,000 barrels of crude spill from Oklahoma pipeline
A Tulsa-based pipeline company says about 1,000 barrels of crude oil has spilled from a pipeline in Noble County.
Archive for year: 2015
Obama rejects construction of Keystone XL oil pipeline
President Obama on Friday announced that he had rejected the request from a Canadian company to build the Keystone XL oil pipeline, ending a seven-year review that had become a flash point in the debate over his climate policies.
‘Peak demand’ means world may never see oil at $100 a barrel again
In 1985, Ian Taylor, today the chief executive of the world’s largest oil trader Vitol, was part of a team at Royal Dutch Shell that forecast oil prices would rise five fold to $125 a barrel in 2015 as global reserves were expected to become more scarce. Now he says it is unlikely to ever reach those levels again.
Chemists find better way to pack natural gas into fuel tanks
A new and innovative way to store methane could speed the development of natural gas-powered cars that don’t require the high pressures or cold temperatures of today’s compressed or liquefied natural gas vehicles.
Exxon Mobil under investigation in New York over climate statements
The New York attorney general has begun a sweeping investigation of Exxon Mobil to determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.
I rode to work in a corn-powered supercar and it blew my mind
I decided on the raw power of a corn-ethanol-fueled McLaren 12C Spider with a twin-turbo 3.8 liter V8 engine. In practical terms, this means it can accelerate from 0 to 60 mph in 2.8 seconds.
Oil industry money buying too much influence in California
Lobbying expenses by oil companies in California reached an astonishing $11 million from July through September of 2015. The third-quarter lobbying expenses paid for an expensive campaign this past summer by Big Oil to derail an oil-reduction provision in California’s ambitious climate legislation, SB350.
Without government subsidy, electric car sales crash in Georgia
For more than 15 years, Georgia offered one of the country’s most generous tax credits for people who bought electric cars. But the $5,000 subsidy went away three months ago, and a look by Watchdog.org at how the tax credit’s expiration has affected sales shows a dramatic drop in the number of all-electric cars such as Teslas and Nissan Leafs purchased in the Peach State.
Yes, America is, in fact, addicted to oil
In a recent piece for Forbes, petroleum economics analyst Michael Lynch claimed that America’s addiction to oil is a “myth.” He contends that “Americans consumers have ample choices” when it comes to transportation fuels, and that our relationship with oil is no different than our relationship with “food, housing, and clothing” or “cement or steel.”
U.S. rejects TransCanada request to suspend Keystone review
“We’ve told TransCanada that the review process will continue,” State Department spokesman John Kirby told reporters in Washington Wednesday, adding Secretary of State John Kerry wanted to finish work on the review after “all that has gone into it.”
