Oil Shale, a century-old science fiction story
2011-06-2
The shale covered a large area and the state oil experts declare that promised development of the deposits will mark a new era in oil production of the country. – Pittsburgh Press, October 6, 1916 With Americans struggling to pay the high price at the pump, some elected officials, industry lobbyists, and oil and gas… Read more »
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Unused land leases limit tourism and contribute to high gas prices
2011-05-26
As we head into the Memorial Day weekend and the unofficial start of the summer travel season, families are feeling the pinch from high gas prices. Unfortunately, instead of pushing for real solutions to help Americans save money and drive our nation toward energy independence, the oil and gas industry lobby continues demanding more government… Read more »
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THE BALANCE SHEET: MAY 3, 2011
2011-05-2
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT ‘GOUGE-ONOMICS’: PRODUCTION DOWN, PROFITS UP Despite billion-dollar profits across the board, Big Oil refineries are producing less fuel while making more money. It’s too bad this game of monopoly has real impacts to our pocketbooks. According… Read more »
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Will Boehner End Oil and Gas Industry Welfare?
2011-04-28
The price at the pump is hovering around $4/gallon, while oil and gas companies are reporting billions in first quarter profits. So wasn’t a complete shock when Speaker John Boehner said, earlier this week, that Congress should look at ending the fossil fuel industry’s multi-billion dollar tax breaks. After all, how does Congress plan to… Read more »
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Neslin brings his message back home
2011-04-26
The man tasked with overseeing the oil and gas industry in Colorado continues to say that groundwater contamination is not an issue when it comes to hydraulic fracturing in the state. David Neslin (pictured), Director of the Colorado Oil and Gas Conservation Commission (COGCC) , told a federal forum this week that the COGCC has… Read more »
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THE BALANCE SHEET: APRIL 26, 2011
2011-04-26
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT WE’RE IN THE WRONG LINE OF WORK While Americans are suffering from pain at the pump, Halliburton reported last week that its first quarter revenue set a company record at $5.3 billion, which is up from… Read more »
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