North Dakota Treasurer Kelly Schmidt has responded to DeSmogBlog’s investigation of the Bakken Shale basin fracking field trip her office facilitated for former CIA Director Gen. David Petraeus, who now works at the Manhattan-based private equity firm Kohlberg Kravis Roberts (KKR).
|By: Steve Horn Friday May 30, 2014 6:30 pm|
|By: Steve Horn Thursday May 22, 2014 4:35 pm|
The documents reveal Kohlberg Kravis Roberts (KKR) — a private equity firm where Petraeus now works at the KKR Global Institute — wrote a press release for North Dakota’s State Treasurer announcing the Petraeus visit, meticulously counseled the state treasurer’s office on media strategy and hosted the state treasurer on its company plane.
|By: Steve Horn Wednesday November 27, 2013 3:25 pm|
Tesoro Logistics — the company whose pipeline spilled more than 800,000 gallons of fracked Bakken Shale oil in rural North Dakota in September — has hired infamous contractor Witt O’Brien’s to oversee its clean-up of the biggest oil spill in U.S. history.
|By: Steve Horn Saturday November 2, 2013 11:45 am|
A month after over 865,200 gallons of oil spilled from Tesoro Logistics’ 6-inch pipeline near Tioga, North Dakota, the cause of the leak is still largely unknown to anyone but Tesoro. The pipeline resumed operations today.
|By: Jcoleman Wednesday October 23, 2013 5:46 pm|
North Dakota, long known for its cattle ranches and open spaces, has recently become one of the oil and gas industry’s most prized (and profitable) possessions, thanks to the advent of fracking. However, the price of oil and gas industry development is paid in destruction to the environment and strains to the regulatory framework meant to protect the public from a reckless industry, as Tesoro’s massive oil spill attests.
|By: Steve Horn Friday October 11, 2013 9:35 am|
Over 20,600 barrels of oil fracked from the Bakken Shale has spilled from a Tesoro Logistics pipeline in Tioga, North Dakota in one of the biggest onshore oil spills in recent U.S. history.
Though the spill occurred on September 29, the U.S. National Response Center – tasked with responding to chemical and oil spills – did not make the report available until October 8 due to the ongoing government shutdown.
|By: Les Leopold Saturday September 14, 2013 1:59 pm|
Here’s the core of her argument. Because banks create most of our money, they control the very essence of the economy. To regain control of our economic well-being we need public banks that make investments in the public goods, services and jobs that we all need. Public banks can do all that without running up the national debt or raising taxes. Public banks, like private banks, fund investments. But, as Ellen writes:
“The difference is that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons it into private accounts, progressively drawing money out of the productive economy.”
|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 Tuesday August 6, 2013 4:30 pm|
Most don’t think of hydraulic fracturing (“fracking”) when pondering the future of TransCanada’s Keystone XL tar sands export pipeline – but they should.
There are numerous ties between key members of the fracking industry and groups pushing for approval of the Keystone XL pipeline. And these threads all lead back, one way or another, to Environmental Resources Management, Inc. (ERM Group).
|By: Lisa Derrick Wednesday December 19, 2012 8:00 pm|
Oil. Oil to the world. And that’s what America is hoping for by 2020. That flow of generosity, that holiday spirit has seeped into Versus, where creator Marcy Schaffer has penned a new set of lyrics to celebrate that we’re fracked.