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Exxon isn't the only bad apple. The entire fossil fuel industry is rotten to the core

The Fossil Fuel Industry is Rotten to the Core

Exxon is a corporate devil but it is not alone in its demonic subterfuge. Exxon is being investigated for criminal wrongdoings and some other fossil fuel companies are also coming under legal scrutiny. In November, a criminal investigation was launched into Exxon and a month later, many other fossil fuel industry CEO’s were formally asked to clarify what they knew…

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Abandoned well of a different age: do falling oil prices signal the end of oil?

Falling Profits Augur the End of Oil

The profits of the big oil companies keep falling along with the price of a barrel of crude. In 2015, the profits of oil behemoths like Shell, Chevron, Exxon Mobil and BP tumbled. Together, these big four saw profits decline by an average of 65 percent last year. These falling margins have a cascade of impacts that are hastening the…

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Oil burning in the Gulf near the site of the Deepwater Horizon disaster

The BP Deepwater Horizon Report: Blame Petroleum

Earlier this month, after a four-month long internal investigation, BP released its findings as to the cause of the worst oil spill in US history, with the conclusion that: The team did not identify any single action or inaction that caused this accident. Rather, a complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team…

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