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.
|By: David Dayen Friday November 16, 2012 10:37 am|
|By: Attaturk Thursday November 15, 2012 1:30 am|
Who would have ever picked the Oil Companies?
|By: David Dayen Wednesday October 24, 2012 4:00 pm|
I recall hearing quite a bit from various governors that the US is the “Saudi Arabia of coal” or the “Saudi Arabia of wind,” or whatever natural resource they had in abundance. Now, according to AP energy writer Jonathan Fahey, the US verges on becoming the Saudi Arabia… of oil.
|By: David Dayen Wednesday October 17, 2012 10:00 am|
Anyone hoping to see an end to our policies of encouraging the burning of fossil fuels certainly winced at the energy section of last night’s debate, which did not mention climate change but did feature both candidates trying to convince the country that they would deliver more coal and oil-based domestic energy.
|By: Gregg Levine Friday September 7, 2012 4:00 pm|
Obama, a consummate politician, made the decision that for his second shot at casting for the future, nuclear power is political deadweight.
|By: David Dayen Thursday August 23, 2012 6:48 am|
Mitt Romney released an energy plan yesterday that some outlets report sets a goal of energy independence by 2020. That’s not quite right. The goal expressed here is “North American energy independence” by 2020, and when you consider that one of our biggest if not our biggest energy trading partner is Canada, and that Mexico ships a fair bit of oil as well, that really says very little.
The white paper shifts back and forth between “North American” energy independence and just “energy independence,” seeking to blur that distinction. But one of the key elements of the plan is a “North American Energy Partnership,” which mainly consists of approving the Keystone XL pipeline and any other pipelines Canada and Mexico want to build. There’s also a whiff of the idea that we should gouge Canada and Mexico and purchase their oil at a discount. The white paper makes this outlandish statement that “America still imports more oil from OPEC than it does from Canada and Mexico,” when OPEC consists of practically every oil producing nation on Earth, with much greater capacity than the two North American countries, and yet it’s STILL pretty close, with the US getting 37% of its oil resources from Canada and Mexico, compared to about 50% from OPEC.
|By: David Dayen Friday August 17, 2012 9:01 am|
Gas prices have shot up 30 cents over the last month, and stand at $3.71 a barrel nationwide, the highest level since mid-May. Rising oil prices and a refinery fire in northern California have caused most of the price increase, but some of this is also due to the possibility of an Israeli strike on [...]
|By: David Dayen Wednesday June 20, 2012 9:00 am|
With significant factions on both sides rooting for failure in the Iranian nuclear talks, it should come as no surprise that they came up short after wrapping up last night. There isn’t much of a way forward at this point. Nuclear experts from the two sides will meet in Instanbul in early July to discuss the technical issues surrounding the negotiations. After that, some deputy-level talks may ensue, but the principals have no future timetable.
|By: TheCallUp Thursday May 10, 2012 11:01 am|