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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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 »
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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 »
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THE BALANCE SHEET: APRIL 12, 2011
2011-04-12
Our weekly update to unravel the industry and political spin around the energy debate IN CASE YOU MISSED IT WHAT’S THE DEFINITION OF AN IMPARTIAL WITNESS? Last week’s Subcommittee on Energy and Mineral Resources Oversight Hearing turned into a good ol’ boys club, when Rep. Doug Lamborn invited his buddy, James Schroeder, to testify. Schroeder… Read more »
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