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]
For decades, major oil companies have known about the health risks from fine particulates but worked diligently to keep that knowledge secret.
Originally published on EV Annex. By Charles Morris We’ve been hearing a lot lately about a “bubble” in Tesla and other EV-related stocks. However, a new report from the independent think tank RethinkX argues that a far larger and more dangerous bubble now exists around conventional coal, gas, nuclear and hydroelectric energy … [continued]
Big Oil is looking for help from Big Corn to fight President Biden’s clean energy policies and EV mandate. So far, the ethanol folks say they are not interested in lending a hand.
Given the US president’s pro fossil fuel behavior, the question is simple: How come he has done major damage to ExxonMobil and Big Oil? I can’t answer that directly, but I can show how severe the damage has been.
These are sad days in the oil patch. US fossil fuel firms eliminated about 105,000 positions — roughly 20 percent of their workforce — between March and June, according to Accenture. BW Research Partnership puts the job losses at 118,000 between March and July.
In a new article by the Houston Chronicle, the author penned his thoughts on how Tesla’s “Texas takeover” would impact oil-dependent Houston.
OPEC is beginning to see the writing on the wall. Demand for oil is declining and may never recover. That’s good news for the Earth.
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower prices for crude oil and natural gas the natural result.
We should not bail out oil companies. But we probably will since Trump is scrambling to do just that. As we know, the price of oil in the US fell below zero for the first time ever the other day.
