The American Energy Society reports the following recent cases of terrorism associated with the oil industry’s infrastructure: • Syria. The Arab Gas Pipeline between the Syrian towns of Ad Dumayr and Adra exploded, and the attack has been attributed “almost certainly” to …
Category: Fossil Fuels
Big Oil in Big Trouble: ExxonMobil, Oldest Member of the Dow 30, Ushered Out
The pandemic has pushed the oil industry into a position where it’s hemorrhaging money. Recently we learned that ExxonMobil, a Dow component since 1928 (then Standard Oil), has left the DJIA, replaced by something of greater relevance to today’s world. …
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Tagged with: Exxon under criminal investigation for lying to shareholders re: what the company knew about climate change and what this would eventually do to value of its assets, ExxonMobil leaving DOW, make it tougher for Big Oil to continue to wreck this planet, no gas-/diesel-powered cars will be sold in the EU after 2030, oil industry hemorrhaging money, trend towards electric transportation is inexorable
Thinking of Drilling in the Arctic?
I’m not, but if I were, I’d think twice, based on the reasoning presented here from the Arctic Refuge Defense Campaign. These folks mean biz.
Oil Industry on a Propaganda Roll
What’s ExxonMobil’s motive for offering you to “test your knowledge about the oil and gas industry?” Is it: a) Providing Americans the opportunity to educate themselves on the breadth of the industry. This includes the value it provides to society, …
Alarm Over Eco Crisis Grows Amid Fears Ship Leaking Oil Near Mauritius Could Break in Two
As reported here: Urgent efforts to contain an oil spill off the coast of Mauritius reportedly ramped up on Monday due to fears that a cracked ship spilling fuel into the Indian Ocean—polluting nearby coral reefs, mangrove forests, and beaches of …
Oil Companies Going to “Net Zero,” But What Does That Mean?
Gary Tulie writes from his home in Buckinghamshire, England (see below): Hi Craig, BP along with fellow European oil companies Shell and Total are now committed to net zero by 2050. Let’s hope that technological advances, learning curve, and political will …
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Tagged with: Net Zero
Great Successes on Important Environmental Fronts
Coal-fired plants will soon be a thing of the past in the developed world, as illustrated here. The United Kingdom has all but eradicated coal from its grid-mix, due to its fierce commitment to low-carbon resources. Of course, it is …
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Fossil Fuel Donations to Trump Have “Greater Zeal” Than in 2016
There is no reason to doubt that the fossil fuel industry is pouring money into the coffers of President Donald Trump’s re-election campaign; after all, he is an outspoken and dedicated ally, and it’s easy to see how keeping him …
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ExxonMobil’s Survey on Pipelines
Do I support pipelines? Like that’s a yes or no question? Do I promote ripping up existing pipelines, just for the lack of something better to do? No. Do I support building poorly engineered new pipelines through sacred and/or environmentally …
U.S. Department of Energy Announces Up to $14M for Advanced Coal Processing Technologies
The DoE will provide companies funding for R&D aimed at products such as building materials that are based on coal, in an effort to boost demand and keep the industry from disappearing. Obviously, as long as the coal isn’t combusted, …
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