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Posted by on in Fossil Fuels
With crude oil prices plunging government revenues have collapsed, and budget surpluses quickly turned into deficits. What's worse, investors are now starting to worry about their ability to pay back their debts. As a result, five oil producing countries were hit with downgrades from Standard and Po...
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Posted by on in Fossil Fuels
When then-Gov. Robert F. McDonnell (R) first pushed the idea in 2010, it was easy to find Virginians who favored oil and gas drilling along the Virginia coast, even in this tourism-dependent city of 450,000. The Virginia Beach City Council voted 8 to 3 that year in support of the giant offshore rigs...
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Posted by on in General Environment
Oil company Soco International is suspending all operations in Virunga World Heritage Site - Africa's oldest national park. It has also committed to keep out of all other UNESCO World Heritage Sites. Virunga World Heritage Site is safe from oil drilling - for now. London based oil company SOCO Int...
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Posted by on in Fossil Fuels
Colorado's intensifying oil and gas boom is taking a toll on soil — 200 gallons spilled per day seeping into once-fertile ground — that experts say could be ruinous. The state's approach has been to try to compel companies to excavate and haul the worst muck to landfills. But with support from sta...
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Posted by on in Air Quality
Read about how Colorado is regulating oil and gas emissions.  By Bruce FinleyThe Denver Post Weld County is leading a state boom in oil and gas drilling. Colorado now has more than 50,000 oil and gas wells. (RJ Sangosti, The Denver Post file) State health officials rolled out groundbreaking ...
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Posted by on in Clean Water
When the rain stopped falling in Texas, the prairie grass yellowed, the soil cracked and oil drillers were confronted with a crisis. After years of easy access to cheap, plentiful water, the land they prized for its vast petroleum wealth was starting to dry up. At first, the drought that took hold ...
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Posted by on in Oil Spill
A huge diesel oil spill has caused a 300-square-kilometre slick in the Philippines' Manila Bay, endangering the local fishing industry. A huge diesel oil spill has shut down parts of the Philippine capital's vital fishing industry, jeopardising the livelihoods of tens of thousands of people liv...
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Posted by on in Fossil Fuels
New rules governing oil and gas extraction in Colorado may increase the review period for permits and add to a backlog of well applications as energy exploration proceeds at a pace to eclipse last year’s record. The new regulations by the Colorado Oil and Gas Conservation Commission, which went int...
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Posted by on in Wildlife Conservation
A proposal by British oil-exploration company Soco International to look for oil in Africa's oldest national park is being criticized by the conservation group World Wildlife Fund for Nature (WWF), which says Soco's plan puts the park's true value at risk. Soco International wants to explore for oi...
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Posted by on in Fossil Fuels
Green Lifestyle Choices Don't Change the Systems That Make Fossil Fuels Attractive Which is why we need a structural solution, like a carbon tax. by MAGGIE KOERTH-BAKER Fossil fuels don't care which brand of paper towel you use. They don't care whether you put bamboo flooring in your kitchen, or ...
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Posted by on in Fossil Fuels
keyston CALGARY, Alberta (Reuters) - TransCanada Corp, Canada's No. 2 pipeline company, said on Friday its long wait for U.S. government approval of its controversial Keystone XL project will further delay completion of the pipeline and push its cost above the company's $5.3 billion estimate.TransC...
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Posted by on in Fossil Fuels
An oil pipeline rupture on March 29 poured thousands of barrels of heavy crude petroleum into the streets of Mayflower, Ark., focusing the environmental debate over the Keystone XL oil pipeline back on the risks of spills. It was fears of a devastating spill in the environmentally sensitive Sandhil...
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Posted by on in Fossil Fuels
The proposed Keystone XL Pipeline would start in the town of Hardisty, which about a hundred and twenty-eight miles southeast of Edmonton. It would cross the Canadian-U.S. border in Montana, jog through western South Dakota, then head down through Nebraska, Kansas, and Oklahoma all the way to refine...
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Posted by on in Oil Spill
After millions of gallons of oil spilled and billions of dollars spent, Mark Cohen figures the United States is ready to handle a spill like the deepwater blowout that fouled the Gulf of Mexico a year ago. But it's probably not prepared for the one that happened in 1979. Ixtoc was a nine-month spi...
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