Posted by Rob Perks in Moving Beyond Oil
This Halloween the oil industry is enjoying all the treats while we endure their tricks. Fueled by sky-high oil prices over the summer, Exxon Mobil broke its own eye-popping records by raking in nearly $15 billion in profits. Third quarter earnings for...continued→
Posted by Rob Perks in Moving Beyond Oil
Last month I blogged about Congress letting the federal moratorium on drilling the Outer Continental Shelf (OCS) expire. This came in the face of political pressure triggered by high gas prices over the summer. The economic troubles have sparked a...continued→
Posted by Rob Perks in Moving Beyond Oil
Interesting article by a Texas college professor who points out that most Americans wouldn't recognize crude oil if it oozed onto their lap. The author of the piece, Professor John Crisp, suggests that those people clamoring to drill offshore ought...continued→
Posted by Rob Perks in Curbing Pollution , Moving Beyond Oil , Reviving the World's Oceans
Last week I wrote about how Congress allowed the 26-year-old federal offshore drilling moratorium to expire, but I noted that the issue is not a done deal. Lo and behold, Rep. Nick Rahall (D-WV), chair of the House Natural Resources...continued→
