Woman Sues Oil Companies For Causing Her Mother’s Death
Some of the biggest oil companies are the target of a wrongful death lawsuit in the State of Washington filed this week.
oil industry
Anonymous Survey Of Oil & Gas Executives Says Geopolitical Uncertainty Clouds Their Outlook
Of all the constituent groups in the US, wouldn’t you think that oil and gas executives would be supporting President Donald J. Trump’s policies? Well, an anonymous survey released late this month by the Federal Reserve Bank of Dallas says otherwise. Oil and gas company executives, it seems, are complaining … [continued]
30-Year Oil Industry Veteran Horrified By Millions Of Uncapped Oil Wells, Dedicated To Sealing Them
It’s not news that the oil and gas industry has left millions of abandoned wells all across America and is placing the responsibility of closing those open wells on American taxpayers. Despite receiving billions in government subsidies every year, the fossil fuel industry simply doesn’t care about our planet, the … [continued]
Will The EV Revolution Trigger Global Economic Crisis?
Originally posted on EVANNEX. By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We write about the winners often in this space — they include just about anyone who invested in Tesla since the 2010 IPO, especially those who followed a buy-and-hold strategy, as … [continued]
Tesla’s Trillion-Dollar Triumph Turns Years Of Negative Speculation On Its Head
Originally posted on EVANNEX. By Charles Morris Journalists are fond of speculating about events that may or may not happen, and Tesla has always been one of the prime topics for this sort of “what if?” writing. Over the years, we’ve read many an article about all sorts of hypothetical events, from … [continued]
Oil & Gas Execs Are Struggling To Attract Investors And Blaming Clean Energy For Their…
The Federal Reserve Bank of Dallas has released its Q2 2021 Energy Survey, and one thing is clear: oil and gas companies are struggling to find investors. The new report included special questions about expectations for a global crude oil gap, current and expected investments in renewables by oil and … [continued]
Louisiana Says No To Biden’s Pause On New Oil & Gas Leases
President Biden suspended new oil and gas leases on federal land and water but U.S. District Judge Terry Doughty (LA) blocked the suspension. The judge also ordered that the delayed plans for lease sales in the Gulf of Mexico and Alaska be resumed. The ruling came in a lawsuit that … [continued]
Big Private Equity Firm Lost Millions Investing In Troubled Oil Refinery
Arclight Capital Partners, whose clients include NFL players, Maine teachers, and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a St. Croix oil refinery, Reuters reports. The Limetree Bay refinery was shut down for 60 days by the EPA last month after releasing a cloud of petroleum … [continued]
Small Oil & Gas Producers Have Outsized Methane Emissions
Many of the oil and gas industry’s top emitters of methane are small, little-known companies, a new analysis of US Environmental Protection Agency (EPA) emissions data found. The analysis, commissioned by Clean Air Task Force and Ceres, found that five of the ten biggest methane emitters were small producers, and overall, … [continued]
Would Louisiana Voters Care If Climate Change Wiped Out South Louisiana?
In an opinion piece for NOLA.com, Bob Marshall recently pointed out that climate change would wipe out south Louisiana and pondered as to whether or not our voters cared. He shared a thought from Donald Boesch, a native New Orleanian who’s also one of the world’s leading authorities on the … [continued]
