THE BALANCE SHEET | July 26, 2011 Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT LET’S PLAY PIN THE PRO-DRILLING AMENDMENT ON THE SAFETY BILL Last Thursday, Sen. John Barrasso (R-WY) started his birthday by filing pro-oil and gas amendments to S.917 at the… Read more »
Tomorrow, Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.) is bringing two bills before his committee for markup, S. 916 and S. 917. It’s supposed to be a hearing on ways to prevent another Deep Horizon spill and the loss of life and economic and ecological devastation it caused. Also, to determine methods… Read more »
New analysis shows more than 6,500 drilling permits undeveloped, 97 percent in the Interior West Denver, CO – The oil and gas industry has failed to develop 6,573 federal drilling permits issued by the Bureau of Land Management, even though the agency has given these oil and gas operators a green light to drill. Over… Read more »
IN CASE YOU MISSED IT WHAT DOES $1.2 MILLION GET THESE DAYS? Last week, former BLM director and Forestry Service Chief Mike Dombeck explained how Interior Secretary Salazar’s leasing reforms are crucial to air and water quality and responsible energy development. His remarks came in response to a letter challenging those common sense reforms signed… Read more »
“People die from these things and the people who run the infrastructure for these cities know it they are scared of these systems.” — Dr. Robert Howarth, Cornell University speaking about the pipeline system that carries oil and gas around the United States. As clean up efforts following the Yellowstone River Oil Spill continue, Congress… Read more »
Nearly a week has passed and thousands of gallons of crude oil have poured into the Yellowstone River in Montana. The spill has placed attention on America’s often overlooked and aging pipeline system. As the media continues to cover ExxonMobil and its ruptured pipeline, here are a few things to consider about pipelines in the… Read more »
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT SPECULATING THE PRICE OF GAS According to a new report from the University of Massachusetts, “speculative commodities trading” has inflated the price of gas cost the consumer ” an extra 83 cents a gallon in May,… Read more »
Think Progress has a new report on corporate welfare for Big Oil. The next time you watch the dollar figure at the pump increase a lot faster than the gallons pumped amount, think $77 billion. Read more to find out what we mean.
Isaac Newton taught us that for every action there is an equal or opposite reaction, and in John Hanger’s case that means answering in pro-industry talking points anytime something bad is said about the gas industry. We call it ‘The Hanger Rule.’ Hanger is the former head of Pennsylvania’s Department of Environmental Protection and now… Read more »
American families will be heading to the beaches, barbecues and national parks this weekend to celebrate the birth of our nation. Unfortunately, more families will likely be sticking closer to home due to lingering high gas prices. Meanwhile Big Oil will celebrate the close of another quarter of billion-dollar profits. Second quarter profits won’t be… Read more »
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