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Change of view for Houston among mayoral hopefuls

The nation's fourth-largest city, once dominated by Big Oil, is warming to greener options as it chooses a new mayor.

Oil industry profits expected to fall sharply

Big Oil is set for another big flop.

Lawsuits target oil company operations overseas

Royal Dutch Shell is preparing for a federal trial this summer where it would face allegations that it played a role in the executions of activist Ken Saro-Wiwa and other civilians by Nigeria's former military regime.

Hard times mean new opportunities for Big Oil

Plunging crude prices have begun to play out in favor of Western oil companies in one regard, giving them leverage with oil-rich countries that only months ago had no reason to compromise.

ConocoPhillips reports $31.8B loss on charges

Signaling that Big Oil's heyday is over for now, ConocoPhillips posted an enormous fourth-quarter loss Wednesday as the energy giant was stung by $34 billion in asset writedowns and plunging crude prices. It also gave a dire forecast for the next couple of years.

More consolidation likely in oil industry

Big Oil is set to spend billions on new exploration in 2009, but in addition to ocean beds thousands of feet below the water's surface, major producers are surveying the balance sheets of vulnerable companies in the sector.

Exxon Mobil posts biggest US quarterly profit ever

Another quarter and more record U.S. profits for Exxon Mobil. Yet even as earnings surged for major producers, there were signs that Big Oil's run may be coming to an end.

Campaigns uncork get-out-the-vote operations

Barack Obama and John McCain uncorked massive get-out-the-vote operations in more than a dozen battleground states Sunday, millions of telephone calls, mailings and door-knockings in a frenzied, fitting climax to a record-shattering $1 billion campaign. Together, they'll spend about $8 per presidential vote.

Key US House seat race in Missouri heats up

She accuses her opponent of being too close to Big Oil and says he stood by for eight years while the economy crumbled. Her opponent says she's an "extreme liberal" who has more support in California than Missouri.

Obama backs some drilling, tapping oil stockpile

Barack Obama put forward a broad energy plan Monday designed to end U.S. reliance on imported oil within 10 years and shore up his standing amid a tightening White House race and high anxiety over gas prices.

Big Oil defends profits before irate senators

On a day oil prices leaped to unheard-of highs, senators lined up Big Oil's biggest executives and pummeled them with complaints that they're pretending to be "hapless victims" while raking in record profits.

Military Feels Fuel-Cost Gouge in Iraq

Think you're being gouged by Big Oil? U.S. troops in Iraq are paying almost as much as Americans back home, despite burning fuel at staggering rates in a war to stabilize a country known for its oil reserves.

Oil Chiefs Say High Prices Not Our Fault

Don't blame us, oil industry chiefs told a skeptical Congress. Top executives of the country's five biggest oil companies said Tuesday they know record fuel prices are hurting people, but they argued it's not their fault and their huge profits are in line with other industries.

Oil Profits Could Spark Some Backlash

Historic oil prices and $3-a-gallon gasoline have been contributing to fears of a recession, but they've yet to cause the hue and cry that some might expect. Americans may simply be growing more accustomed to high fuel costs, analysts say.

Venezuela Seizes Last Private Oil Fields

President Hugo Chavez's government took over Venezuela's last privately run oil fields Tuesday, intensifying a power struggle with international companies over the world's largest known single petroleum deposit.

AP Analysis: Firms Crimping Oil Supplies

You'd think it was Texas. Dusty roads course the scrubland toward oil tanks and warehouses. Beefy men talk oil over burritos at lunch. Like grazing herds, oil wells dip nonstop amid the tumbleweed — or even into the asphalt of a parking lot.

Lawmakers Scramble to Ease Gas-Price Pain

Senate Republicans advocate sending $100 rebate checks to millions of taxpayers, and a Democrat is leading the campaign for a 60-day gasoline tax holiday.

The Vine
Chevron Admits Contact in Ecuadorian Case Against Them For Poisoning the Rainforest
Source: Reuters

In a stunning admission, Chevron`s top outside counsel on the Ecuador environmental case has publicly conceded that the company`s own lawyers met with a Chevron contractor regarding his secret video recordings just days before he taped a critical meeting in Ecuador about a purpo …

Big Oil Goes Green
Source: Newsweek

Remember back in 2001 when BP went "Beyond Petroleum"? It was a brilliant marketing campaign, but it had less to do with changing the company's business model than positioning Lord John Browne as the Teflon oil executive.

Study predicts effect of global warming on spring flowers
Source: Yubanet

"...climates including Western Europe, the American Atlantic coast, New Zealand, Chile and North Africa will be the greatest effected as the botanical calendar will move strongly out of sync with the seasons with temperature-sensitive plants flowering up to 50 days earlier than n …

Big Oil Lobbyist Was Behind the Van Jones Witch Hunt
Source: Daily Kos

Phil Kerpen from "Big Oil" funded lobbying firm "Americans For Prosperity" was the main instigator of this assassination of Van Jones' character that eventually led to him leaving his position of President Obama's Environmental Adviser.

Arctic Releases Methane Gas
Source: Science Daily

"The warming of an Arctic current over the last 30 years has triggered the release of methane, a potent greenhouse gas, from methane hydrate stored in the sediment beneath the seabed."

"Grass Roots" Front Group – Americans For Prosperity – Funded by Big Oil
Source: newsvideoclip.tv

Rachel Maddow interviewed Americans for Prosperity (AFP) head Tim Phillips.

House Vote Seen as Big Step Toward Cooling the Greenhouse
Source: Science: Current Issue

"Its praises have been sung as an energy security bill and a jobs bill. But the American Clean Energy and Security Act passed last Friday by the U.S. House of Representatives is in fact milestone greenhouse legislation."

A nation under banks, with justice for none
Source: Business Standard

All this puts the SEC and the rest of the government in a horrible spot. It is a matter of public record that the law wasn't followed, thanks to Cuomo's disclosures last week.

Oil: The Return of Hype—and High Prices
Source: Business Week

The oil companies are looking to raise prices again. And gullible media are letting them get away with it

Oil chief warns US green policy will kill economy
Source: FT.com

I listen to our current president speak as if he were an economic expert on the effects of taxing and promoting "green" technology. Here is an article by a proven expert in business.

Youth of Arctic sea ice revises predictions of ice-free pole
Source: Ars Technica

As a result of the dramatic declines in Arctic sea ice during the last few years, researchers are now focusing on the age and thickness of the remaining ice in order to refine predictions of when the Arctic may go ice-free.

Exxon Valdez 20 Years Later
Source: Science

March 24 marked the 20th anniversary of the Exxon Valdez oil spill. The effects are still obvious today. A series of blogs from senior editor Janet Raloff describes the continuing aftermath.

Dissecting Dick Cheney
Source: The Detroit Free Press

While dissecting Dick Cheney may seem a singularly distateful activity, history will not let this man's unusual tenure as Vice President go unexamined. Never has anyone held this office with this degree of power.

The Consensus on Global Warming/Climate Change: From Science to Industry & Religion.
Source: Logical Science

Ever get annoyed with big Oil-funded bloggers & liars spreading falsehoods about the settled science of the threat of climate change facing mankind?

Denier 101
Source: Daily Kos

A very good, easy to understand explanation of how to be a Big Oil-funded denier.

The Truth About Denial
Source: Newsweek

Boxer figured that with "the overwhelming science out there, the deniers' days were numbered." As she left a meeting with the head of the international climate panel, however, a staffer had some news for her.

How Big Oil, the Automobile Industry and Government Created the Mess We Are In - Roaring Engines and Reckless Speed Prevented Sensible Debate

Governments in the United States have dislocated industries for a very long time. However, no dislocations have taken place for as long and at such terrible costs than the most unholy of them all.

Killing progress, why General Motors is broke.
Source: Brasscheck T.V.

In the late 1990s, General Motors sold an electric car that traveled 300 miles on a charge, could be fully charged in an hour, and could be operated for the equivalent of 60 cents per gallon. No oil filters, no oil changes, no emissions, no trips to the gas station.

Why Can't Big Oil Match Hugo Chávez?
Source: TIME

Four years ago, Hugo Chávez scored one of the more impressive p.r. coups of the new century when he started delivering free heating oil to low-income Americans.

The Last Road Trip Freakishly cheap gas? Nation broke? Just hit the road
Source: The San Francisco Chronicle

Something is deeply wrong. Something is bizarre and upside-down and perverse and it's not just fish pedicures or Rod Blagojevich's hair or the fact that people still care in the slightest about the sad and toothless chyme that is Britney Spears' White Trash Lite™ career.

Bush's Final F.U. The administration is rushing to enact a host of last-minute regulations that will screw America for years to come
Source: Rolling Stone

With president-elect Barack Obama already taking command of the financial crisis, it's tempting to think that regime change in America is a done deal. But if George Bush has his way, the country will be ruled by his slash-and-burn ideology for a long time to come.

The Future of Food Policy: Michael Pollan on PBS
Source: PBS

Bill Moyers sits down with Michael Pollan, Knight Professor of Journalism at UC Berkeley, to discuss what direction the US should pursue in the often-overlooked question of food policy. Pollan is author of IN DEFENSE OF FOOD: AN EATER'S MANIFESTO.

A Climate Gift for Future Generations: Ecuador Seeks to Commercialize Rainforest
Source: SPIEGEL ONLINE

Ecuador is the first country in the world to announce plans to leave the oil reserves beneath its rainforests in the ground. The country wants foreign businesses, including German companies, to compensate it for making this sacrifice.

Does Palin understand Alaska's oil industry?
Source: alaskadispatch.com

Gov. Sarah Palin is enmeshed in media interviews this week, presumably trying to repair her bruised image from the brutal presidential race and the malicious reporters who dogged her every step of the way.

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