Yearly Archives: 2011

Study links soaring oil and gas profits to lobbying, political expenditures – The Colorado Independent 04/29/11
2011-04-29
David O. Williams | April 29, 2011 | Reposted from The Colorado Independent The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in the wake of near-record gas prices and compared those profits to lobbying expenditures and political contributions in 2010…. Read more »
Read more
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 »
Read more
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 »
Read more
As Americans feel pain at pump, Big Oil wins big
2011-04-26
For immediate release April 26, 2011 Media Contact: Matt Garrington, Deputy Director matthew@checksandbalancesproject.org (303) 454-3376 Washington, DC – This week, Big Oil will announce record profits at a time when Americans are suffering at the gas pump. In the first quarter of 2011, ExxonMobil is expected to post a gain of 50 percent while a… Read more »
Read more
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 »
Read more
Guest Commentary: One year after wakeup call in the Gulf of Mexico Read more: Guest Commentary: One year after wakeup call in the Gulf of Mexico – The Denver Post 04/20/11
2011-04-24
Matt Garrington | April 24, 2011 | Reposted from The Denver Post On April 20, 2010, Americans were reminded, in living color, of the dangers inherent in letting oil companies go unchecked. We sat glued to our televisions and computers, watching the Deepwater Horizon rig burn in the Gulf of Mexico. Observers and pundits immediately… Read more »
Read more
State regulator admits, but not to Congress, that gas production led to water contamination in Colorado
2011-04-21
Neslin’s narrow definition of hydraulic fracturing misleads Committee members **As Pennsylvanians deal with the breaking news that wastewater from a Chesapeake hydraulic fracturing well blowout has entered their drinking supplies, similar stories continue to unfold in Colorado.** Within minutes after his testimony about the safety of hydraulic fracturing in front of the United States Senate… Read more »
Read more
THE BALANCE SHEET: APRIL 18 2011
2011-04-18
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT 2010 ONSHORE OIL SPILLS EXXON VALDEZ x3 Last Tuesday, CBS News reported that there were over 6,500 spills, leaks, fires or explosions nationwide at onshore drill sites or pipelines. And, at least 34 million gallons of… Read more »
Read more