The end of big oil
Jan 9, 2020 The Deep Water Royalty Relief Act of 1995 — part of a larger 1995 law dealing with energy production — attempted to spur oil drilling in the Mar 3, 2020 But that has not been enough to counter the impact of the virus on China, the world's biggest oil importer, and on the global economy, as Mar 8, 2020 (Bloomberg) -- Saudi Arabia plans to boost oil output next month to well end of the month, opening the way for producers to ramp up output. Nov 18, 2019 Big Oil Needs to Pay for the Damage It Caused. Climate change disproportionately affects poor people and people of color. They should be Jan 9, 2020 Here are some of the big questions that are front of mind as we start the new year . Will oil prices go higher? Tensions between the United
Mar 3, 2020 In the last decade, petrochemicals have moved from a sideshow for the oil and gas industry to a major profit machine. Those plastic-laden
Oct 3, 2018 Count the oil and gas industry among the winners of the new NAFTA — or as Trump is rebranding it, the United States-Mexico-Canada Dec 18, 2015 The most significant policy change in the legislation is an end to the forty-year ban on American crude-oil exports, which Democrats agreed to Mar 7, 2018 steps toward stripping $5 billion in New York City pension fund investments from Big Oil. Fossil fuel corporations have profited from “horrible, Mar 27, 2019 President Trump's proposed budget for 2020 would eliminate the federal tax credit for buyers of electric vehicles. The oil industry is backing the
Oil companies, directly and through trade groups, lobby against measures that would limit emissions. The trouble is that, according to an assessment by the IPCC, an intergovernmental climate-science body, oil and gas production needs to fall by about 20% by 2030
That’s because the exploration side and the refining side of the oil business have little to do with one another. Contrary to popular belief, Big Oil has almost no control over the price of oil these days.
Predictions of apocalyptic events that would result in the extinction of humanity, a collapse of civilization, or the destruction of the planet have been made since at least the b
Nov 25, 2019 It's come a bit of a surprise then that the world's biggest oil company, while India has the target of selling 30% EVs by the end of the next Nov 25, 2019 With markets hitting all-time highs almost every single week, the energy sector is not following at all and the big oil majors like Shell, BP (BP) Aug 29, 2019 The fact that Big Oil backed a regulation designed to stem emissions of a potent greenhouse gas was immediately wielded by Trump's critics as
Mar 27, 2019 President Trump's proposed budget for 2020 would eliminate the federal tax credit for buyers of electric vehicles. The oil industry is backing the
When historians one day dissect the long arc of humankind's use of fossil fuels, they may very well zero in on October 9, 2006, as a turning point for Big Oil. Big Oil will be cut down in the next decade by a combination of smartphone apps, long-life batteries, and simpler gearing. And as is always the case with new technology, the undoing will occur far faster than anyone thought possible. Then, on January 31, Big Oil was knifed on the floor of the New York Stock Exchange—on live television, no less—by Jim Cramer, long one of the loudest cheerleaders for American capitalism.
Feb 12, 2020 In a final twist of the blade, Cramer likened Big Oil to Big Tobacco, predicting a mass exodus from fossil fuel stocks: “It's going to be a parade … Feb 12, 2020 Does the Climate Crisis Spell the End of Big Oil? Financial markets are rightfully taking climate change seriously, but it's humanity, not bottom Feb 26, 2008 Experts believe it contains the carbon fuel equivalent of 23 billion barrels of oil-- that in an industry that considers a field of one billion barrels The ship is driving a well toward an estimated one billion barrels of oil below the seafloor—the biggest oil field discovered in United States territory in three