Advocacy group Environment America has “crunched the numbers” in an effort to reveal who the largest polluters of American waterways are. The culprits that crack the top-15 list may very well surprise you. If you ask people on the street who America’s biggest water polluter is, for many, oil Goliaths like Exxon or Chevron might be first to come to …
Tara Lohan – Fossil fuels have become an economic liability—for both consumers and energy companies.
Deborah Lawrence had been watching a once-empty parking lot near Midland-Odessa, Texas, fill up with idled drilling rigs usually at work plumbing for oil in the nearby Permian Basin. In January she noticed 10 rigs, then 17 a few weeks later. As winter turned to spring, the number climbed to 35. That trend has continued across the country. By the …
Oil Wars: Fracking, Manipulation, and the Future of Our Energy System – Karl Grossman
Manipulation of the petroleum market is not new. John D. Rockefeller with his Standard Oil Trust mastered it between the end of the 19th and start of the 20th Century. Rockefeller and his trust succeeded in controlling virtually all the oil industry in the United States and also dominating the international market. The Standard Oil Trust fixed prices, set production …