The Gas Wars

oil wars

Robert Reich: Nothing drives voter sentiment like the price of gas – now averaging $3.56 a gallon, up 30 cents from the start of the year. It’s already hit $4 in some places. The last time gas topped $4 was 2008.

Gulf Research Pilot Troubled by Oil Sighting in Macondo Prospect

bonny-wide

Georgianne Nienaber: Critical thinkers will ask the question. Why is BP sampling oil on August 30 while they maintain that there is no oil coming from MC252 (Macondo) in an August 26 press release? For those who have forgotten, there is an excellent time line of the disaster here.

Oil Industry Manipulating Iowa Republican Primary

alaska oil pipeline

Lee Fang: As the Republican presidential candidates tour Iowa hoping to lock up the 2012 nomination, they will hear an assortment of questions on energy policy. Some of them will be planted by the oil and natural gas lobby to steer the candidates toward pro-Big Oil policies.

How Koch Industries Manipulates Oil Market

oil tanker

Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.

Don’t Use The ‘Free Market’ As An Excuse

media-monopolies

Tina Dupuy: The truth is we don’t have a “free market.” Never have and probably never will. So when politicians like representatives Paul Ryan and Michele Bachmann talk about how this savior-in-theory can deliver us – it can’t.

The BP Oil Spill Saga: Where Things Stand Now

bp explosion

Marian Wang: Many questions remain unanswered about the long-term health and environmental effects of the crude oil and the unprecedented amount of dispersant, chemicals BP used to break down the thick crude. Both BP and the government have committed funding for continued study of these issues.

Halliburton and the Upcoming Election

oil well explosion

Robert Reich: Next Tuesday Americans will be deciding whether to hand over even more of our government to corporations that have been plundering America – such as Goldman Sachs, JP Morgan Chase, Citibank, Wellpoint insurance, Massey Energy, and Halliburton, the giant oil services company.

Peak Oil 101

Source: World Resource Institute. The “ANWR” bump on the crude production curve is an indication of how projected production would be in Alaska’s National Wildlife Refuge.

Adam Eran: The acute problem of the Gulf oil spill makes the cost of corruption-afflicted government front page news. Lax Federal offshore drilling oversight under Bush 43 has cost us dearly. However, our society’s vulnerability to any trouble with this critical resource should also remind us of the chronic problem: peak oil.

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