Campaign-finance reports filed by energy companies show that in 2012 they spent $455,000 on corporate political contributions in Colorado, mostly in a diffuse manner. From 2013 through 2016, they have poured an average of more than $20 million annually into financing Colorado political campaigns for politicians and ballot issues as well as a new, unprecedented public relations effort aimed at molding public opinion — a total in excess of $80 million.
The kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year... one reason why Riyadh pushed so hard for a global deal to cut production. Riyadh... felt the burn of cheap oil this year...as the reality of its costly war in Yemen and the task of shaking up its economy to create thousands of jobs began to sink in. The government is trying to boost non-oil revenue and modernize the economy through an ambitious reform plan called "Vision 2030."
The volume of oil being shipped by rail across most of the rest of the nation has plummeted, as low oil prices and more pipeline capacity have reduced the need for trains. The number of rail cars carrying petroleum is down about 40 percent from the peak in 2014 ... trains have continued to rumble through Oregon and Washington... the idea that the Northwest is now bearing a disproportionate burden of energy transport risk has accelerated local efforts to stop the trains or make them safer.
Spills of diluted bitumen or "dilbit" are more difficult to clean up than conventional crude oil and pose a significant environmental and safety hazard ... A 2015 study by the National Academies of Science found dilbit behaves like conventional oil in the first few days following a spill but then quickly degrades into a substance so chemically and physically different that it defies standard spill responses
By 2030, the number of Saudis over the age of 15 will likely increase by about six million, bringing at least 4.5 million new eligible workers into the labor force, ...That will more than double the size of the adult population, simultaneously stretching the kingdom’s cradle-to-grave system of handouts and subsidies to the breaking point...
For 80 years oil has underwritten the social compact on which Saudi Arabia operates: absolute rule for the Al Saud family, in exchange for generous spending on its 21 million subjects. Now, Prince Mohammed is dictating a new bargain. He’s...reduced massive subsidies for gasoline, electricity, and water ... That’s not to say the days of Saudi government handouts are over—there are no plans to institute an income tax, and...for those with lower incomes...plans to pay out direct cash subsidies
Oysters filter up to 50 gallons of water a day, pulling nitrogen — the cause of our oceans’ spreading dead zones — from the water column. Our farmed kelp...soaks up five times more carbon than land based plants. Seaweeds could be a powerful source of zero-input biofuel; feasibility studies suggest we might produce 2,000 gallons of ethanol per acre...30 times higher yield than soybeans... a network of our farms equaling half...the state of Maine, you could replace all the oil in the United States
dismissing the uprisings as a failure does not capture how fully they have transformed ...the region ... Today’s authoritarians are more repressive because they are less stable, more frightened and ever more incapable of sustaining their domination. With oil prices collapsing and popular discontent again spiking, it is obvious that the ... challenge of the Arab uprising is continuing to unfold. “Success or failure” is not a helpful way to understand these ongoing societal and political processes
Hydraulic fracturing accounts for about half of the crude-oil production in the U.S. ... The technique has been around for more than 60 years, but only recently has been used to produce a significant portion of oil in the country ... Shale production had helped the U.S. surpass Saudi Arabia and Russia to become the world’s largest producer of oil in 2014 ... But the output growth contributed to a glut of oil supplies
Fossil fuel millionaires collectively pumped more than $100m into Republican presidential contenders’ efforts last year – in an unprecedented investment by the oil and gas industry in the party’s future. About one in three dollars donated to Republican hopefuls from mega-rich individuals came from people who owe their fortunes to fossil fuels – and who stand to lose the most in the fight against climate change.