The Congressional deficit reduction “supercommittee” that has been charged with finding $1.5 trillion in budget savings by Thanksgiving could save billions by eliminating tax breaks and subsidies for oil and gas companies, which advocacy groups from across the ideological spectrum support, but energy companies are battling to keep their good More…
Oil giant Exxon Mobil spent less money on lobbying in the second quarter (April to June) of this year than it did during the same period last year, despite ongoing efforts by the Obama administration and Congress to reshape the way oil companies can drill offshore in light of the More…
In the absence of meaningful legislation to curb greenhouse gas emissions in Washington, the fight surrounding California’s ballot measure, Proposition 23, is rapidly becoming the biggest — and most highly funded — energy issue in the current campaign season.
The American Petroleum Institute, the oil industry trade association, quickly followed news of a new “rapid response system” being developed by four of the world’s major oil companies with a statement touting the industry’s “commitment to safe operations.”
According to the statement:
Today’s announcement demonstrates the industry’s commitment to
The New York Times is reporting that four of the world’s major oil companies are planning to announce a plan tomorrow to put $1 billion into a “rapid response” system for containing future oil spills.
Interestingly, BP is not among the four companies. The companies are Exxon Mobil, ConocoPhillips, More…
Are there any judges on the U.S. Court of Appeals for the Fifth Circuit without substantial holdings in oil and gas? Not many, notes the Alliance for Justice in a new report detailing the ties between the circuit court and Big Oil. Two of the judges with questionable ties More…
A test case for climate change litigation was dismissed by a federal appeals court on Friday in a little-noticed afternoon ruling, leaving the door open for a Supreme Court appeal by plaintiffs who aim to link major industrial emitters with the environmental consequences of the greenhouse gases they produce.
The More…
The oil industry vows to fight President Obama’s budget proposal unveiled yesterday that would raise $32 billion by taxing oil companies that failed to pay royalties on Gulf of Mexico oil leases issued between 1996 and 2000. Whether they can succeed is another question.
The American Petroleum Institute is objecting, and More…
While walking around Washington, it’s hard to miss all the large Chevron ads. They are at bus stops and in metro stations, and they feature “everyday people” promising to conserve energy. “I will carpool to work,” one person in the ad says. “I will take the golf clubs out of More…
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