John Boehner calls Obama’s veto of Keystone project a ‘national embarrassment’
Republicans lambasted Obam over his veto of the Keystone Pipeline bill and in fact, Republican House Speaker John Boehner stated that is “national embarrassment.” “The president’s veto of the Keystone More...
President Obama vetoes Keystone Pipeline bill
President Obama on Tuesday, as promised, vetoed the Republican led bill approving the Keystone XL oil pipeline, pointing to the long State Department analysis project as an important means to assess the proposed More...
President Obama 2015 State of the Union address – transcript
January 20, 2015 THE PRESIDENT: Mr. Speaker, Mr. Vice President, Members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded More...
US, Saudi, OPEC blamed for lowing oil prices to hurt Russia, Iran
Why are gas prices dropping? How low with the price of oil fall? Questions that the most ignorant American may be thinking as they see prices plunge lower and lower. Even as prices began dropping, fingers pointed More...
Goldman Sachs: Lower oil prices to cause loss of $1 trillion, many projects ‘unprofitable’
The global oil industry will face a loss of $1 trillion as producers will be forced to cancel a number of key projects if oil prices stay below $60, says Goldman Sachs. Tuesday’s Brent crude trading at $59.9 More...
Russia: US, allies manipulating oil prices to crash the ruble
The head of Russia’s external intelligence agency has made a bold accusation on Thursday: Washington and its allies are pursuing a regime change policy towards Russia, deliberately introducing sanctions and More...
Keystone Pipeline vote fails in Senate by one vote, Mary Landrieu snubbed
Senate Democrats stopped the Keystone XL pipeline legislation by just one vote, ending the latest battle between House Republicans and the White House. Senator Mary Landrieu, Democrat of Louisiana, who is facing More...
President Obama cornered on Keystone Pipeline, Dem Mary Landrieu calls for vote
Democrats may still be reeling from the midterm election results and now President Obama will face immediate pressure to move ahead on the Keystone Pipeline. Democratic Sen. Mary Landrieu sees the writing on the More...
Jesse Ventura, ‘Off The Grid’ talks energy crisis with pro-fracking activist Marita Noon
Jesse Ventura’s online-only show Off The Grid investigates some of mainstream media’s blindspots on a weekly basis. In preparation for the opening of the September 11 Memorial Museum, the former More...
Where is Libya today: anarchy and a 90 percent decrease in oil production
The “responsibility to protect” doctrine President Obama wants to use in Syria is the same one the US used in Libya – reports RT. Two years after the NATO “humanitarian intervention,” More...
Pipefitters and plumbers union join Keystone pipeline supporters and hail new State dept report
A new U.S. State Department report is the latest evidence that the long-delayed Keystone XL oil pipeline from Canada should be approved, supporters say. Monday a union representing pipefitters and plumbers has written More...
Monterey Shale could save California economy if state can overcome environmentalists block
At end of 2012 North Dakota was announced as the state with the best financial status and California the worst. With some irony, the oil production is key to both states. The former Golden State is floating in debt, More...
Gas prices soaring, plenty of blame to go around
Drivers are seeing a 30 cent increase in gas prices over the last week. September 2010 photo/Daniel Christensen A gas refinery explosion in Toledo a few days ago, a spike in crude oil price and a slowdown on production More...
Utah juice and smoothie bar owner charging liberals $1 more for drinks
One Utah juice and smoothie bar owner is taking his political stance to his customers’ pockets with a $1 surcharge for liberals. The owner of the “I Love Drilling Juice and Smoothie Bar” in More...
Saudi Arabia reduced oil output in May
A report from Dubai claims the world’s top oil exporter Saudi Arabia pumped 9.8 million barrels per day (bpd) of crude oil in May, an industry source said on Saturday, a reduction of 300,000 bpd from April. Photo/Tech More...
Oil, black gold, Texas Tea: it all started with a gusher on this day in 1901
The Lucas Gusher of January 10, 1901 was the first “major” gusher of the Texas oil boom. Spindletop is in Beaumont, Texas became the epicenter, generating 100,000 barrels a day and have ties to the origins More...
Exxon sells Gulf of Mexico oil and gas properties to Energy XXI
Energy XXI Ltd. announced Sunday that it has finalized a deal to buy oil and natural gas properties in the Gulf of Mexico from ExxonMobil for $1.01 billion. The announcement comes a little more than a month after More...
