Many of President Obama’s progressive supports have soured on him in recent months, as the debt crisis and a Republican House has forced him to embrace deep spending cuts, and environmentalists are among them. There’s still unhappiness among greens over the White House’s perceived failure to push hard for carbon cap-and-trade …
Oil
Why the Yellowstone Oil Spill Is So Tough to Clean Up
Even if you aren’t near the Yellowstone River oil spill right now, the scene is disturbingly familiar. It looks so much like its 2010 cousin in the Gulf of Mexico that it’s almost spooky – the gross underestimation of how much oil is out there, vague reassurances to residents about their health and property safety, and the …
Will Exxon’s Yellowstone Oil Leak Doom the Chances for a Tar Sands Pipeline?
ExxonMobil has been under a harsh spotlight over the last few days, facing accusations that the company has deliberately downplayed the severity of the Yellowstone River oil spill with misleading information and vague claims about what actually happened. It’s an object lesson in the political risks of owning a pipeline. So the energy …
Groundhog Day: An Oil Giant Spins a Spill
Credibility is a precious thing. Oil giant ExxonMobil did not have much to begin with, but it went even deeper into its scarce reserves in the past few days when a company pipeline spilled oil into a river that runs past the homes of about 6,500 people. Wednesday brought another blow: it turns out ExxonMobil needed almost an hour to …
ConocoPhillips May Have to Pay Up in China Spill
China’s State Oceanic Administration (SOA) said this week that a large oil spill off the coast of Shandong province, near Beijing, is worse than previously stated, and that the government may seek compensation from ConocoPhillips, the U.S. oil company with a 49% stake in the oilfield.
On Tuesday the agency said that two separate …
Is Siberia Becoming China’s One-Stop Energy Shop?
“In summer, intolerable closeness; in winter, unendurable cold.”
So Fyodor Dostoevsky wrote of his years of hard labor in 19th century Siberia, after a jittery Tsar Nicholas I banished the famed writer to the lonely Far East. For centuries, the massive swath of land east of Moscow and north of China has been a place of political …
Another Oil Spill, as ExxonMobil Fouls Montana
Amid the fireworks, parades, and hot dogs of this past Fourth of July weekend was that sinking feeling of déjà vu when news broke that yet another oil spill was oozing across once-clean waters. This time, it wasn’t the Gulf of Mexico, it was Montana; and it wasn’t BP, it was ExxonMobil. On Friday, 1,000 barrels of crude oil (42,000 …
The Real Price of Gasoline
I’m on a deadline today for the magazine (that thing that shows up sometimes at your house), so blogging is going to brief. But wanted to link to a neat video from the Center for Investigative Reporting (CIR) on the true price of gas. CIR tallies up the environmental, climate, health and security costs of a single gallon of gasoline, …
The White House Releases Oil From the Strategic Petroleum Reserve. Is That Strategic? UDPATE
The first time the U.S. released oil from the Strategic Petroleum Reserve (SPR) was in January 1991, as American bombers began the first Gulf War and gas prices spiked. The second release was on September 2, 2005, after Hurricane Katrina smashed refineries and pipelines along the Gulf coast. A war in the Middle East and a natural …
Should the U.S. Be Piping in Canadian Oil Sands?
The issue has been a bit under the radar until recently, but the debate over the proposed Keystone XL pipeline—which could bring up to 800,000 barrels a day of additional Canadian oil sands crude to the U.S.—is heating up. Because the proposed pipeline would cross international barriers—funneling crude from Canada’s massive …