Trump screwed the Kurds helping Exxon in Syria. Dow Jones says it wasn’t worth it. (ODT)
“Big Oil has fallen. Our job is to make sure they don’t take us down with them.”Proving ‘A Different World Is Possible,’ Exxon Dropped From Dow Jones After 92-Year Run | Common Dreams News
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8-billion debt pile for equity. The company is the largest offshore rig owner in the world.World’s largest offshore rig owner files bankruptcy — RT Business News
Suncorp’s decision to pull out of industry by 2025 puts it at odds with government push for gas-led recoveryInsurance giant Suncorp to end coverage and finance for oil and gas industry | Environment | The Guardian
The massive oil price crash we’ve seen this week is an opportunity for governments to do what we have long needed to do: keep the remaining fossil fuels in the ground and invest in a Green New Deal to save the planet and stimulate the economy.
Something you don’t hear every day but it’s very Trump and very the USA (ODT)
No need to accelerate to renewables Trump will save us (ODT)
And our government is negotiating to purchase the right to some of the US stockpile, which will remain in the salt domes until we call for it to be sent our way on ships, assuming they can get here in time.
In short, if things get a bit more tricky, our choice will be panic buying at the pumps, or going cap in hand to Trump, who cares about nothing but a sweet deal … for him.
You can bet he’ll want a lot more than a pound of flesh – or the Australian military on Iran’s borders – in return.
Anyone got any old skates? It was simpler then.
On Thursday, John Bolton told Fox Business host Trish Regan the administration had the goal of putting U.S. companies in charge of Venezuela’s oil production. Because freedom!
It’s 2003 all over again, right down to the mustachioed John Bolton, who freely admitted to Fox Business host Trish Regan on Thursday night that the ultimate goal of United States activity in Venezuela is to take over their oil production — or, in simpler terms, take their oil.
Wouldn’t Koch Industries love that? After all, they’ve sued Venezuela for millions — basically calling their loans — in order to destabilize their economy and punish President Maduro, who is a terribly brutal leader, but nevertheless elected by the people in an election which has been certified.
Mike Pence, a wholly-sponsored Koch project, was instrumental in injecting the United States into Venezuelan political unrest, according to a Wall Street Journal report.
Donald Trump has insulted OPEC member states by ordering the organization to reduce prices, the Iranian oil minister stated, responding to the US leader’s recent criticism of OPEC for keeping oil prices artificially high.
“Three of those are cattle and sheep grazed in the vicinity of the Esso Longford plant. On those three farms a total of 45 cattle and 45 sheep have been tested. In those animals, measurable levels of PFAs were detected in the serum.
“We’re also aware of another herd of cattle, a fourth, just cattle, that have been blood sampled for PFAS. But we’re not aware of the results. The Department of Defence is leading that investigation.”
Agriculture Victoria had purchased some of the PFAS-affected livestock in Gippsland to conduct its own longitudinal study on them, Dr Milne said, as there was little research in Australia or internationally about how long the chemicals linger in cattle, sheep and pigs.
Its initial tests on sheep showed PFAS levels dropped significantly within several weeks of them being moved to clear pasture, he said. He suspected that would take longer in cattle and pigs.
The EPA said it had only issued alerts in relation to
I sure hope Leigh Sales takes Barnaby up on his offer to come back and identify these huge onshore reserves that no-one else knows about.And if I was a state premier, I would be having a very serious conversation with the Federal government about how telling lies for political purposes is not helping the nation.
So how did we get here?
As these new crisis bailouts for fossil fuels show, it’s those who are least deserving who get the most government protection
In an unprecedented year for the oil business, each of the major producers has its own problems. How will they react?