Pipelines: The worst way to move oil, except for all the rest
Shutting down the Dakota Access Pipeline could push more oil onto risky trains.
Shutting down the Dakota Access Pipeline could push more oil onto risky trains.
If you’ve thought much at all about the economics behind fossil fuel production, you’ve probably heard that it’s not exactly a level playing field. Oil and gas companies get significant subsidies, without which the price of gasoline would be significantly higher. Right? Well, not really, according to a new study from Tufts University.
While incremental annual gains obviously vary, there is nothing more assured than increasing global oil demand.
Environmental health groups analyzing government air quality data have concluded ozone smog from domestic oil and gas production is causing hundreds of thousands of asthma attacks in children under 18 – with Colorado and metro Denver among places hardest hit.
When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50.
Low oil and natural gas prices are proving to be a short-term ally for environmentalists and consumers but a job killer for the industry as new drilling slows in Michigan.
Man-made global warming may have started a few decades earlier than scientists previously figured, a new study suggests.
Iran is sending positive signals that it may support joint action to prop up the oil market, sources in OPEC and the oil industry said, potentially aiding efforts to revive a global deal on freezing production levels at talks next month.
As Gov. Jerry Brown and legislative leadership aim this month to extend the state’s targets to reduce greenhouse gases and the program that funds the effort, the fight over spending has emerged as one of the most prominent sticking points.
No other policy has so effectively undermined the international oil cartel that seeks to profit from our dependence on oil.