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News Stories relating to "oil"

Oil Giant Shell Knew of the Dangers of Global Warming 26 Years Ago

Oil company Shell has joined Exxon-Mobil as one of the big oil giants that knew about the dangers of global warming decades ago, and, like Exxon, subsequently worked to bury the issue. An educational video produced by Shell in 1991, titled Climate of Concern, has resurfaced courtesy of the Dutch climate news website,...
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Big Oil Announces their Endorsement of Taxation on Carbon Emissions

In late October, Exxon Mobil CEO Rex Tillerson announced that his company is backing the concept of a carbon tax, saying that climate change brings real risks, and serious action is required to mitigate them.

“We have long used a proxy cost of carbon… there’s a range depending on the country, depending on the tax...
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Big Oil Knew About Global Warming -- Nearly a Half-Century Ago

Last fall, an expose on extensive research into what Exxon knew regarding the petroleum industry's impact on climate change was published, including evidence that they conducted extensive research into the issue in the 1970s and 1980s. Their findings...
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More States Sign Onto Investigation into Exxon Mobil's Climate Change Cover-up

An investigation that was launched last fall into allegations that petroleum giant Exxon Mobil misled shareholders regarding what it knew about global warming has recently gained a large number of new backers. Attorneys general from 15 states, the District of Columbia and the Virgin Islands have announced their support for the investigation,...
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Exxon-Mobil Under Investigation for Climate Change Coverup

An investigation has been launched by the New York Attorney General against oil and gas corporation Exxon-Mobil, into allegations that the company lied to the public about the effects of fossil fuels on the Earth's climate, and to investors, regarding how said change might affect their business. Exxon-Mobil was subpoenaed earlier this month to...
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Oil-Rich Saudis Go Solar

Saudi Arabia, the world's leading oil producer, has just built a huge solar power plant. Is the country going "green"--or are they running out of oil? They plan to use it to generate one third of their electricity needs by 2032.

Saudi Arabia and the...
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Oil From Air

A small British company has developed a process that produces gasoline from water vapor and carbon dioxide. The only thing it needs to make this incredible transformation is air.
...
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Future Wars

For those of us who are dreaming of peace, the US future looks bright: Due to America's new energy independence, we will no longer have to rely on the Middle East for our power needs, meaning we will no longer be...
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Saudi Israel

We recently wrote about "Saudi America," meaning that, thanks to increasing gas reserves, the US will soon no longer be so dependent on Middle Eastern oil as oil-fired manufacturing processes, like coal, are...
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Saudi America

America is becoming the new Saudi Arabia, turning from an oil-consuming nation into a power producing nation. When Obama was elected, we were importing almost two-thirds of its oil. That number is down to below almost half and is still falling. What caused this?...
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There is No Oil Shortage

So why are gas prices so high? High international oil prices are bad news for everyone--even for oil-producing countries. People who have to pay $4 for a gallon of gas don't have money to spend on other things, and eventually even gas consumption goes down, as people turn to other modes of transportation. For a long time, it was assumed that...
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Surprise! Huge Oil Reserves Surround Cuba

Huge oil reserves have been discovered in the waters that surround Cuba. Income from this unexpected windfall could tip the balance of the Cuban economy from Communist to capitalist and give us a great non-Middle Eastern place to buy oil (as long as we drop our Cold...
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Will Fracking Save Us or Shake Us?

What is "fracking?" It's removing natural gas from the ground--and there is LOTS of it right here in the US, so if we produce cars that run on natural gas (as lots of trucks do already), then we can solve our oil dependency problems. HOWEVER, fracking uses LOTS...
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Secret Memos Reveal We Invaded Iraq for the Oil

More secret memos! This time, they're about the REAL reason we invaded Iraq. We know it wasn't WMD (weapons of mass destruction), because Saddam didn't have any. Instead it was, as Jim Marrs said years ago, ...
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The Oil Spill: What We Lost

More than we realize - Here's another reason we need alternative energy sources like solar energy: If all the oil from the Deepwater Horizon spill in the Gulf of Mexico had been used for fuel, it could have powered 38,000 cars, 3,400 trucks and 1,800 ships for a full year, based on the estimated spill rate of 19,000 barrels of...

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TWO MORE Oil Leaks

In same area as the BP spill! - The huge BP oil spill off the coast of Florida has focused our minds on problems with offshore drilling, but it turns out that oil leaks into the Gulf regularly from other sources. Satellite images reveal that there are TWO other offshore drilling rigs that are leaking oil in that vicinity.

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It was the CEMENT

UPDATE: BP stops oil spill! - A failed cement plug probably caused the blowout which led to the huge oil spill in the Gulf. And guess whose company installed the cement plug? It was a company led by a member of the extremely pro-business Bush administration, namely Dick Cheney's company Halliburton.

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HOW MUCH Oil has Spilled?

How to settle this controversy - Before we can start cleaning up the oil spill, we have to figure out how big it is, and this has been a problem since BP Oil naturally wants it to be a small as possible, while the people actually doing the clean up need to figure out how big the job is. It turns out that the dangerous...

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That Oil Spill

Has dangers you may not suspect - On May 17, in Venice, Louisiana, fishermen and local residents called a press conference to complain about fumes that are sickening them when the wind is blowing off Gulf of Mexico waters polluted by the British Petroleum oil spill. Oil washing ashore and the chemicals used in the clean up may...

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The Oil Spill Clean Up May Make Things WORSE

For marine life - It's an ecological emergency: Oil from the massive leak in the Gulf of Mexico has started reaching coastal wetlands along the Louisiana coast and is expected to reach the shores of Mississippi and Alabama as well. And while the initial effects of the massive Gulf Coast oil leak could be devastating to coastal...

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Why We're Drilling Again

In a bid for the US to become totally self-sufficient when it comes to energy, President Obama has announced that oil companies should be allowed to drill for oil in the oceans off the US coasts for the first time in decades. Will we see more oil spills? Although thousands of birds and mammals were killed immediately following the Exxon Valdez...

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If Oil Doesn't Come from Fossils

Have our invasions of the Middle East been useless? - Did we invade the Middle East as a retaliation for 911 or for the oil? A couple of years ago, in the midst of hysteria about the oil shortage, we reported that oil may not really be a fossil fuel after all. A group of Swedish researchers have managed to prove that fossils...

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ANOTHER Fossil Fuel Danger

We know the climate will be healthier if we switch from gasoline to biofuel, solar fuel and wind power. It turns out that PEOPLE will be healthier too.

It's not just the air we breathe, it's the workers who toil in the industries that are associated fossil fuels, such as coal, oil and natural gas. These are dangerous jobs!

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Will Oil be Gone Soon?

Societies in the past managed without it, and we may have to learn to do so as well. Is oil something that we won't ever run out of, or is it something we'll run out of SOON? We know one thing: it's something that we fight wars over, and this argument has yet to be settled.

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If Oil is Not Organic

we don't need to ever run out of gas - The oil and gas that fuels our homes and cars started out as living organisms that died (or did it?), were compressed, and heated under heavy layers of sediments in the earth's crust. Scientists have debated for years whether some of these hydrocarbons could also have been created deeper...

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New Gas from Old Wells

?NATURAL gas, that is - Many delivery trucks and city buses now run on clean-burning natural gas?but this comes from wells, just like oil, and America's wells are running dry. But Japanese researchers have developed a method of using bacteria found in depleted oil wells to turn leftover crude oil into natural gas. This could...

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Exxon Making Almost $1,500 a SECOND

Wonder why gas prices are so high? ExxonMobil has reported second-quarter earnings of $11.68 billion, the largest quarterly profit ever by any American corporation.

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Is the Oil Shortage a Media Myth?

Oil prices have risen drastically, leading to a potential collapse in our economy. But an oil industry spokesman says the oil shortage is a myth. If so, it's working well for two very divergent groups: the oil companies, who are making record profits, and environmentalists, who want to hasten development of alternate fuels.

In the June...

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Oil Prices Explode Upward

Here's the REAL Reason - Oil prices are hitting new highs every day despite the fact that demand for gasoline is plummeting in Europe and North America. The reason for this is that Asian demand remains explosively high due to the fact that Asian nations continue to subsidize prices at the pump, meaning that consumers pay less...

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Biofuels Not Needed?

Maybe we don't need to import oil or create biofuels?maybe we just need to figure out how to use the oil we have. One researcher has figured out how to squeeze more petroleum out of abandoned or soon-to-be-abandoned oil fields.

Using his 40 years in the petroleum industry, Lewis Brown has already extended the life of one field by 17...

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