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 demise of dirty energy. …
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There are two principal issues at play within the tar sands oil controversy. First and foremost, the extraction of tar sands oil is a process that releases significantly more greenhouses gasses into the atmosphere than conventional drilling methods. As a primer for those not privy to this situation, the oil industry has revamped old methods of extracting oil from sediment that is soaked in …
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It appears that justice may be catching up to BP in the wake of the 2010 explosion of the Deepwater Horizon in the Gulf of Mexico. A total of at least 4.9 million barrels of oil are estimated to have been spilled making it the worst marine oil spill in U.S. history. The company is being accused of lying about the extent of the oil leak …
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“Musings of a Malcontent” is a weekly op-ed by GlobalWarmingisReal contributor Carlyle Coash I am beginning to feel redundant. I mean how many weeks in a row can I talk about oil spills? Seemingly forever at the rate we’re going. If you haven’t seen it yet, there is an absolutely fabulous spill off the coast of Nigeria. Shell Oil clearly put a lot of …
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“Musings of a Malcontent” is a weekly op-ed by GlobalWarmingisReal contributor Carlyle Coash I think I’m going to vomit. Just saw the new BP Gulf States ad. The theme? The Best Tourist Season EVER for a long time in the Gulf States! Brought to you by BP.
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“Musings of a Malcontent” is a weekly op-ed by GlobalWarmingisReal contributor Carlyle Coash Dudes and dudettes! I know a few weeks ago I said that Exxon rocks, but seriously – Shell Oil is totally awesome! They are like…totally the best when it comes to nearly averting huge oil spills. Man, they rock so much they make Exxon’s rocking look like a Yanni concert. Totally …
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Is CCS, or carbon capture and storage, a promising technology to help the world deal with carbon emissions from coal-fired power plant, or a dangerous and unproven boondoggle offering false hope?
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