Farmers are experiencing great crops in the midwest this year, but are having difficulty getting their products shipped by train since the trains are hauling oil. According to the NYTimes that’s what’s happening, “leading to millions of dollars in agricultural losses and slower production for breakfast cereal giants like General Mills.” And farmers expect things to go even further downhill as they achieve “a record crop of wheat and soybeans.”
|By: Steve Horn Friday August 16, 2013 3:20 pm|
Warren Buffett – the fourth richest man on the planet and major campaign contributor to President Barack Obama in 2008 and 2012 – may soon get a whole lot richer.
That’s because he just bought over half a billion bucks worth of Suncor Energy stock: $524 million in the second quarter of 2013, to be precise, according to Securities and Exchange Commission filings. Suncor is a major producer and marketer of tar sands via its wholly owned subsidiary Petro-Canada (formerly Sunoco) and this latest development follows a trend of Buffett enriching himself through dirty investments and deal-making.
|By: Steve Horn Thursday July 18, 2013 10:10 am|
A DeSmogBlog investigation reveals Environmental Resources Management, Inc. (ERM Group), the contractor that performed the environmental review for TransCanada’s Keystone XL tar sands export pipeline, was also recently hired by a major Delaware City refinery to study air quality around the plant.
This “study” was funded by the refinery itself, owned by Delaware City Refining Company, a wholly-owned subsidiary of PBF Energy
|By: Steve Horn Sunday November 18, 2012 7:45 am|
The Tar Sands Blockade of TransCanada Corporation’s “Keystone XL South” continues in Texas, but former members of the Clinton and George W. Bush cabinets believe the northern half will soon be green-lighted by President Barack Obama.
In a Nov. 13 conference call led by the Consumer Energy Alliance (CEA), an oil and gas industry front group, CEA Counsel John Northington said he believes a “Keystone XL North” rubber stamp is in the works by the Obama Administration.
“I think the Keystone will be approved in fairly short order by the administration,” Northington said on the call.