Post Tagged with: "Crude Oil"

The Enduring Tyranny of Oil – War, Inflation, Geopolitical Rivalry, and Soaring World Temperatures

The Enduring Tyranny of Oil – War, Inflation, Geopolitical Rivalry, and Soaring World Temperatures

It may seem hard to believe, but only 15 years ago many of us were talking confidently about “peak oil” — the moment of maximum global oil output after which, with world reserves dwindling, its use would begin an irreversible decline. Then along came hydraulic fracturing, or fracking, and the very notion of peak oil largely vanished. Instead, some analysts[Read More…]

by 26/07/2022 Comments are Disabled World
Fossil Fuel Companies and Their Mouthpieces Offer Net-Zero Logic on Climate Change

Fossil Fuel Companies and Their Mouthpieces Offer Net-Zero Logic on Climate Change

Oil and gas CEOs were too chicken to show up to a recent congressional hearing—perhaps fearing that their climate pledges will be revealed as nothing more than slick PR. Everywhere around us there is evidence of climate change, from the increase in winter storms such as New England’s late January blizzard, to California’s recent record-breaking winter heat wave. Meanwhile, the world’s biggest oil and[Read More…]

by 12/02/2022 1 comment Climate Change
The Insurgency Against Big Oil

The Insurgency Against Big Oil

While Australian politicians languish in a world blotched by climate change scepticism and fossil fuel love-ins, global oil and gas companies have been shaken.  Three titans of oil fame – Shell, ExxonMobil and Chevron – faced a range of decisions in May that promise to dramatically shape their future operations.  The point is not negligible, given that this triarchy produced,[Read More…]

by 24/06/2021 Comments are Disabled World
Saudi Arabia no Longer an Oil Producing Country, claims the kingdom

Saudi Arabia no Longer an Oil Producing Country, claims the kingdom

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman announced that Saudi Arabia was no longer an oil-producing country. “Saudi Arabia is no longer an oil country, it’s an energy-producing country,” the Energy Minister told S&P Global Platts this week. But that does not mean Saudi Arabia is planning on producing any fewer barrels of oil. And it does not mean[Read More…]

by 07/06/2021 Comments are Disabled World
Drowning The World In Oil 

Drowning The World In Oil 

Trump’s Carbon-Obsessed Energy Policy and the Planetary Nightmare to Come  Scroll through Donald Trump’s campaign promises or listen to his speeches and you could easily conclude that his energy policy consists of little more than a wish list drawn up by the major fossil fuel companies: lift environmental restrictions on oil and natural gas extraction, build the Keystone XL and Dakota Access[Read More…]

by 16/12/2016 1 comment World