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Author |
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Section |
Nothing Newt under the sun
Gingrich's 'grassroots' drilling campaign is funded by Big Oil, report says |
Kate Sheppard |
15 Jul 2008 |
Gristmill |
| *Several corrections have been made to the original post to fix inaccuracies in the report from Alaska Wilderness League. 'Green conservative' Newt Gingrich is scheduled to deliver his 'Drill here, drill now, pay less' petition to Congress today. According to his American Solutions website, more than 1.3 million people have signed the petition. But who's funding the campaign that Gingrich is touting as a grassroots, bipartisan effort? Turns out a large portio ... |
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| Topics: Big Oil, Muckraker, news, Newt Gingrich, oil, oil and gas drilling, politics (all these topics) |
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Hog heaven, part 1
Increased offshore drilling does not substitute for national energy policy |
Joseph Romm |
14 Jul 2008 |
Gristmill |
| This post is by ClimateProgress guest blogger Bill Becker, Executive Director of the Presidential Climate Action Project. When it comes to energy policy, Amory Lovins has proven again and again that he's a pretty smart guy. At the moment, nothing seems more insightful than one of Amory's comments in the May/June issue of Mother Jones. Asked what energy policies the next president should champion, Lovins was skeptical. He believes energy policy will continue to be mad ... |
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| Topics: Big Oil, energy, George Bush, oil, oil and gas drilling, politics (all these topics) |
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Big Oil CEOs are drinking our milkshake
Paychecks growing fatter for Big Oil execs |
Josh Dorner |
11 Jul 2008 |
Gristmill |
| Everyone is acutely aware that the price of oil is surging and gas prices break a new record almost daily. Less well-reported -- yet completely unsurprising -- is that the paychecks of Big Oil CEOs are also reaching new heights, according to a report by Equilar, as reported by MSN Money. Median S&P 500 CEO compensation: $9.9 million. Big Oil CEO pay range: $15-$21.7 million (!) Rex Tillerson, CEO of ExxonMobil, raked in an astonishing $21.7 million an ... |
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| Topics: Big Oil, business, economy, gas prices (all these topics) |
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The Iraqi Oil Ministry's new fave five
All the oil news that's fit to print |
Guest author |
07 Jul 2008 |
Gristmill |
| This is a guest essay from Nick Turse, author of The Complex: How the Military Invades Our Everyday Lives. It was originally published on TomDispatch and is republished here with Tom's kind permission. ----- On June 19, the New York Times broke the story in an article headlined 'Deals with Iraq Are Set to Bring Oil Giants Back: Rare No-Bid Contracts, A Foothold for Western Companies Seeking Future Rewards.' Finally, after a long five years-plus, there was ... |
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| Topics: Big Oil, energy, Iraq, mainstream media, oil, oil and gas drilling, politics, White House (all these topics) |
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Pathetic Justice
Supreme Court slashes Exxon's punitive damages for Valdez oil spill |
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25 Jun 2008 |
News |
| Posted at 10:37 AM on 25 Jun 2008 ExxonMobil is off the hook for billions in punitive damages related to the 1989 Exxon Valdez oil spill. In 1994, the oil giant was ordered to pay $5 billion in punitive damages. In 2006, that amount was cut to $2.5 billion. On Wednesday, the Supreme Court slashed the amount once again, to $507.5 million. By a 5-3 vote (Exxon stockholder Samuel Alito sat out), the court reasoned ... |
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| Topics: Alaska, Big Oil, energy, insanity, litigation, news, oil, politics (all these topics) |
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Climate change ideas for On Day One
Day two of the UN Dispatch-Grist collaboration |
Ideas for On Day One |
24 Jun 2008 |
Gristmill |
| Our weeklong collaboration with UN Dispatch rolls on today with a discussion prompted by On Day One user taylorshelton who suggests government subsidies for non-renewable energy should be eliminated. Eliminate all subsidies for traditional fuels (coal, oil and nuclear) and invest all energy-related funds into renewable energy resources like solar, wind and cellulosic ethanol with the goal of completely eliminating dependence on fossil fue ... |
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| Topics: Big Oil, climate, coal, energy, politics, renewable energy (all these topics) |
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What do oil lobbyists think about drilling for oil?
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David Roberts |
19 Jun 2008 |
Gristmill |
| Here, MSNBC's Andrea Mitchell discusses McCain's plan to drill, drill, drill with RNC deputy chairman and McCain supporter Frank Donatelli: What Mitchell didn't tell you: Before joining the RNC, Donatelli was a registered lobbyist. For whom, you ask? What type of clients? Three guesses! Oh, fine, you got it the first time: ExxonMobil Corp. and Dominion Resources. But why would MSNBC viewers need to know that? |
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| Topics: Big Oil, business, lobbying, oil, oil and gas drilling, politics (all these topics) |
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Windfalling for you
Did McCain switch positions on windfall profits tax? |
Kate Sheppard |
18 Jun 2008 |
Gristmill |
| John McCain on a windfall profits tax, in his speech on energy policy delivered in Houston yesterday: So what does Senator Obama support in energy policy? Well, for starters he supported the energy bill of 2005 -- a grab-bag of corporate favors that I opposed. And now he supports new taxes on energy producers. He wants a windfall profits tax on oil, to go along with the new taxes he also plans for coal and natural gas. If the plan sounds familiar, it's because tha ... |
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| Topics: Big Oil, elections, Muckraker, news, oil, oil and gas drilling, politics, presidential race 08 (all these topics) |
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Lord, Hear Our PR
Oil industry turns to PR offensive to diffuse anger over record prices |
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17 Jun 2008 |
News |
| Posted at 7:35 AM on 17 Jun 2008 Faced with angry consumers incensed at high oil and gasoline prices, oil companies in the U.S. and Europe have turned to well-funded PR campaigns in an attempt to shift their image from profit-hungry oil-mongers to responsible innovators fulfilling their duty as energy providers. ExxonMobil has led the most recent effort to sway the public; on June 1, Exxon released a barrag ... |
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| Topics: Big Auto, Big Oil, business, energy, gas prices, news (all these topics) |
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With friends like these ...
Saudis agree with McCain: Cut gasoline taxes! |
Joseph Romm |
16 Jun 2008 |
Gristmill |
| If anything should put a stake through John McCain's absurd gas tax holiday idea, it's that the Saudi King advocates it, too! As I have previously noted, the only ones who benefit from the gas tax are the oil companies and the petroleum producers. Case in point, the biggest producer just said: Next month, the Saudis will be pumping an extra half-a-million barrels of oil a day compared to last month, bringing total Saudi production to 9.7 million barrels a ... |
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| Topics: Big Oil, gas prices, John McCain, oil, oil and gas drilling, politics, Saudi Arabia (all these topics) |
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Dick move
Cheney perpetuates myth about China-Cuba oil partnership |
Kate Sheppard |
12 Jun 2008 |
Gristmill |
| During his 'drill, drill, drill' rant yesterday, Dick Cheney complained that Cuba and China are drilling for oil closer to the coast of Florida than American companies are currently allowed. It's become a common talking point for Republicans arguing that more areas should be opened to drilling -- but, reports McClatchy, it appears to be bogus. [N]o one can prove that the Chinese are drilling anywhere off Cuba's shoreline. The China-Cuba connection is 'akin to ... |
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| Topics: Big Oil, Cuba, energy, Muckraker, news, oil, oil and gas drilling, politics (all these topics) |
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Neve gonna get it
Neve Campbell's eco-flick won't air in the U.S. |
Sarah van Schagen |
06 Jun 2008 |
Gristmill |
| Neve Campbell. Burn Up is the (totally and completely fictional) story about a clash between Big Oil and Big Green. The Canadian/British miniseries features Party of Five star Neve Campbell as an environmentalist hired to work for an oil company (as a greenwash decoy, of course, though she doesn't realize it until too late ... mwahahaha).Unfortunately for us Yanks, though, Burn Up will not be airing stateside. (At least not yet.) But if you're one of our lu ... |
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| Topics: Big Oil, celebrity, green living, movies (all these topics) |
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They Could Talk the Legs off a Chair
Exxon shareholders reject resolution to shake up management |
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28 May 2008 |
News |
| Posted at 10:55 AM on 28 May 2008 Exxon shareholders have rejected a high-profile resolution to strip one management role from current Chair-'n'-CEO Rex Tillerson and hire an independent chairperson. The influential Rockefeller family, along with various other investors, had pushed for the split. "Despite top-notch individual directors, [Exxon's] record over the last decade, particularly regardi ... |
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| Topics: Big Oil, business, climate, climate change skepticism, news (all these topics) |
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Slick Schmooze
Big Oil tries to evade blame for high energy prices |
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21 May 2008 |
News |
| Posted at 1:58 PM on 21 May 2008 It's a cryin' shame that energy prices are so high, but it's totally not Big Oil's fault, top execs at the five largest oil companies told a Senate panel Wednesday. Big guns from BP, Chevron, ConocoPhillips, Exxon, and Shell -- almost all the same rich white guys that gathered at a similar hearing last month -- said the record price of oil is a supply-and-demand problem. It's Congress who should ... |
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| Topics: Big Oil, energy, news, US Senate (all these topics) |
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Colbert on gas prices and oil profits
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David Roberts |
09 May 2008 |
Gristmill |
| (thanks LL!) |
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| Topics: Big Oil, energy, funnies, gas prices, green living, messaging, oil, TV (all these topics) |
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Straight as a circle
Big Oil's crooked talk on profits |
Joseph Romm |
08 May 2008 |
Gristmill |
| Has the oil industry borrowed the (laughable) tagline of presidential candidate John McCain? As Fox Business reported last Friday: The American Petroleum Institute took out a full-page ad in USA Today, and other major media were tapped this week to provide 'straight talk on earnings.' The earnings that need 'straight talk': ExxonMobil's $11 billion quarterly profit, and Chevron's $5.2 billion quarterly profit. (Note to Big Oil: When Fox doesn't give your spin fav ... |
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| Topics: Big Oil, business, energy, John McCain, lying liars, oil (all these topics) |
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MTBE Cool
Big Oil will shell out for groundwater cleanup |
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08 May 2008 |
News |
| Posted at 8:07 AM on 08 May 2008 Some of the nation's largest oil companies will over the next 30 years have to pay to clean up groundwater befouled with gasoline additive MTBE. In settling a suit brought by 153 public water providers in 17 states, a dozen companies -- including BP, Shell, ConocoPhillips, and Chevron -- will also have to pay a total $423 million cash. If approved, the settlement will be "a step in the direction of ma ... |
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| Topics: Big Oil, energy, litigation, news, toxics, water pollution (all these topics) |
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Do as the Bill Says, Not as It Does
Senators both GOP and Dem introduce destined-to-fail legislation |
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07 May 2008 |
News |
| Posted at 2:54 PM on 07 May 2008 Senate Democrats are trying once again to yank $17 billion in tax breaks away from oil companies that are enjoying booming profits. The Consumer-First Energy Act, introduced in the Senate on Wednesday, would also put a 25 percent tax on oil companies that don't invest in renewable energy. Bill cosponsor Harry Reid (D-Nev.) sums up, "Big Oil is making money h ... |
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| Topics: Big Oil, energy, legislation, news, oil, oil and gas drilling, politics, US Senate (all these topics) |
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When $10.9 billion is just not enough
ExxonMobil's profits huge; shares fall anyway |
Josh Dorner |
02 May 2008 |
Gristmill |
| You know we're living in strange and perverse times when ExxonMobil can post a $10.9 billion quarterly profit and still fall short of expectations. This past quarter marked the second most profitable quarter ever for the most profitable company in the history of the world -- a 17 percent increase in year-on profits. And like its competitors at BP and Royal Dutch Shell, Exxon managed to increase its profits despite no increase in production. (Funny what happens when ... |
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| Topics: Arctic Refuge, Big Oil, business, energy, oil, oil and gas drilling (all these topics) |
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OPEC chief joins $200 oil chorus
Bush, Big Oil offer more of the same |
Josh Dorner |
29 Apr 2008 |
Gristmill |
| Yesterday, David noted comments by an oil analyst who predicted $200 oil by 2012. Today, that analyst was joined in his prediction by none other than the chief of OPEC, Chakib Khelil (who's also Algeria's energy minister). Mr. Khelil's comments were not date-specific, though this article leads me to believe he was thinking $200 oil could come much sooner than 2012. Meanwhile, we saw more of the same from both President Bush and Big Oil.For its part, Big Oil bega ... |
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| Topics: Arctic Refuge, Big Oil, energy, George Bush, oil, oil and gas drilling, politics (all these topics) |
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Big Oil: 'Together, We Can' ignore global warming
American Petroleum Institute ad promotes climate catastrophe |
Brad Johnson |
26 Apr 2008 |
Gristmill |
| Originally posted at the Think Progress Wonk Room. The American Petroleum Institute, the trade organization for the oil and natural gas industry, has just begun running a feel-good commercial that argues 'America's future' lies in drilling out domestic reserves of oil and natural gas. Here's what the ad says: Oil and natural gas powered the past. But the future? Fact is, a growing world will require more. 45 percent more by 2030, along with greatly expanding alter ... |
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| Topics: advertising, Big Oil, energy, messaging, natural gas, oil, shenanigans (all these topics) |
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If loving the earth isn't enough, hating Chevron will do
Chevron runs ad attacking Goldman Prize winner |
Adam Browning |
15 Apr 2008 |
Gristmill |
| I attended the Goldman Prize presentation last night, and it was, per usual, a spectacular celebration of uncommonly dedicated individuals working to make this world a better place. The stories of their struggles and triumphs wetted every eye in the house, and they serve as a beacon of inspiration to all who care about the future of planet Earth. Unless you are Chevron. This morning, Chevron ran a full-page ad in the San Francisco Chronicle attacking one of the ... |
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| Topics: Big Oil, grassroots activism, heroes, jackassery, litigation, oil (all these topics) |
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Cries on the Prize
Chevron throws hissy fit that anti-Chevron activists received award |
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15 Apr 2008 |
News |
| Posted at 10:48 AM on 15 Apr 2008 Chevron is throwing a hissy fit over the Goldman Environmental Prize awarded to two Ecuadorian activists who want the oil company to clean up pollution in the Amazon rain forest. Texaco, which was acquired by Chevron in 2001, dumped 18.5 billion gallons of petrochemical waste in the Amazon between 1972 and 1992. Lawyer Pablo Fajardo and community organizer Luis Yanza won the G ... |
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| Topics: Amazon, Big Oil, Ecuador, energy, grassroots activism, heroes, litigation, news, oil, rainforests, water pollution (all these topics) |
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BP-powered no more
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David Roberts |
09 Apr 2008 |
Gristmill |
| Remember that new environmental blog at The New Republic that was "powered by BP"? Apparently it is no longer thus powered. As gratifying as it is, in a schadenfreudey sort of way, to see that other small media operations can be as dysfunctional as, er, some small media operations I'm familiar with. I'm glad this got settled quickly -- I really do think it will be a blog worth reading. (This post brought to you by Wal-Mart.) |
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| Topics: Big Oil, business, energy, gossip, oil (all these topics) |
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Green TNR, brought to you by BP
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David Roberts |
07 Apr 2008 |
Gristmill |
| The New Republic has a new blog devoted to environment and energy issues. On the bright side, it includes the work of Brad Plumer, one of the most honest, thoughtful, and insightful writers in D.C. For that alone it's worth bookmarking. On the not so bright side, it's ... "powered by BP." Really. Here's a bit from Brad's post on that subject: Personally, I have a lot of qualms about being "powered" by BP, even though none of the bloggers on ... |
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| Topics: advertising, Big Oil, business, energy, oil (all these topics) |
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