Four years after the EPA approved E15 for use in cars and light trucks model 2001 and newer, members of the Travelers Motor Club and Association Motor Club Marketing have reported no problems as a result of using E15, said Gene Hammond and Mark Muncey, co-owners of these organizations. In a press conference hosted by […]
Tom Nowak of Quantum Financial spoke at Green Fest in Chicago recently, and there he discussed whether it makes financial sense for investors to divest from funds that include fossil-fuel holdings. Nowak, an expert on socially conscious investing who wrote the book Low Fee Socially Responsible Investing: Investing in Your Worldview on Your Own Terms, […]
Bloomberg has a story on how environmentalists and other opponents of the proposed Keystone XL pipeline have new momentum because oil has now dropped to around $80 a barrel. When the Canada-to-Gulf of Mexico pipeline was first floated in 2008, oil prices were around $100 a barrel. “At $75, a government analysis said producers may […]
In the late 1800s, the Studebaker company was the world’s largest manufacturer of wagons and buggies. When the company began making automobiles, they chose to power their engines with electricity, not gasoline. Read more at: Tulsa World
A Federal court has ordered the Department of Transportation to respond to a lawsuit filed by three environmental organizations — Earthjustice, the Sierra Club and ForestEthics — in which the parties asked the court to order DOT to respond to the organizations’ request for an emergency order banning the use of DOT-111 tanks cars for […]
PUMP Review Last One to Leave the Theater Blog The film does an excellent job of showing how much our economy is dependent on oil, but the film isn’t all about bad news. PUMP Review Outtakes Atlanta The American relationship with oil is tricky, to say the least. Demand is high, and has been […]
Earlier this week Politico, the online politics magazine, allowed an environmentalist with extensive knowledge of the British Petroleum/Deepwater Horizon disaster respond to BP’s widely criticized op-ed published on the magazine last week. Kara Lankford of Ocean Conservancy says: “The full effects of 210 million gallons of oil on the Gulf cannot be easily dismissed …” […]
Other analysts and experts have been more circumspect about what will happen to U.S. shale-oil drilling operations is the price of crude continues to drop, from the current level of $80 a barrel. But bond investor Jeffrey Gundlach is more blunt: “I think it’s going to $70 and if it does, it’s bye, bye fracking. […]
Islamic State, or ISIS, continues to earn millions from ill-gotten crude oil sold on the black market, according to a story by the Reuters news service. ISIS is “still extracting and selling oil in Syria and has adapted its trading techniques despite a month of strikes by U.S.-led forces aimed at cutting off this major […]
Forget those iconic palm trees. Oil rigs have become just as much a part of the Los Angeles landscape as the towering trees that line the city’s sun-drenched boulevards. Los Angeles County is home to 6,065 oil and gas wells, and one in three Angelenos lives within a mile of a drilling rig, according to […]
