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Tag Archives: Oil
Delta Air Lines Buys Its Own Oil Refinery
Friday, May 4, 2012 Soaring fuel costs coupled with no relief from the Obama administration forced Delta Airlines to take the unusual step of buying its own oil refinery near Philadelphia, PA. Delta Air Lines will buy the Trainer Oil … Continue reading
Posted in Airlines, Business, Energy Costs, News, Oil
Tagged Airlines, Business, Energy Costs, News, Oil
12 Comments
The Cost of Libyan Freedom
Thursday, March 3, 2011 Gas prices continue to surge in the USA. Many oil analysts blame the meteoric rise to unrest in Libya which is an OPEC member nation. Pump prices are the highest in history for early March, jumping … Continue reading
Posted in Big Oil, Corporate Greed, International News, News, Oil
Tagged Big Oil, Corporate Greed, International News, News, Oil
25 Comments
Die Baby, Die
Monday, May 3, 2010 Sea turtles have begun to wash ashore dead along the Gulf States where oil continues to leak from an uncontrolled gusher on the sea floor, some 5,000 feet below the surface. The best-case scenario for region … Continue reading
Posted in Ecology, Environment, International News, News, Oil
Tagged Ecology, Environment, International News, News, Oil
27 Comments
Alan Greenspan: “Iraq war was about oil”
Tuesday, September 15, 2009 Alan Greenspan, the man once regarded as the world’s most powerful banker declared that the Iraq war was ‘largely’ about oil. First appointed by Ronald Reagan in 1987 and retired last year after serving four presidents, … Continue reading
Posted in Dick Cheney, George Bush, International News, Iraq war, News, Oil
Tagged Dick Cheney, George W. Bush, International News, Iraq war, News, Oil
8 Comments
Pelosi Flip-Flops on Off-Shore Drilling
Tuesday, August, 12, 2008 Speaker Nancy “Impeachment is off the table” Pelosi, an ardent opponent of off-shore oil drilling along the coast of the United States, has reversed course and flip-flopped, telling CNN’s Larry King, “They have this thing that … Continue reading
OPEC: No End to Oil Price Increases
Monday, July 7, 2008 Will $7.50 a gallon be our new reality? OPEC president Chakib Khelil warned Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News.”The price of oil will … Continue reading
Mercedes to be Gas-Free by 2015
Saturday, July 5, 2008 Pssssst, don’t tell King Abdullah. Proving that with leadership and innovation anything is possible (are your listening Detroit?) Mercedes-Benz is aiming to phase out fossil-fuel powered vehicles over the next seven years, replacing its entire lineup … Continue reading
Saudi King To America: “Get Used to High Gas Prices”
Tuesday, July 1, 2008 Don’t you just love being lectured by the Saudis? Case in point, King Abdullah of Saudi Arabia, whose nation is the world’s number one oil exporter, called on consumer countries [the USA] to get used to … Continue reading
OPEC: Weak Dollar Will Drive Oil to $170 a Barrel
Monday, June 30, 2008 Hello $5.00 a gallon gasoline? OPEC President Chakib Khelil predicted that the price of oil will climb to $170 a barrel before the end of the year, citing the dollar’s decline and political conflicts. “Oil prices … Continue reading
Oil Rises Above $130. Is Anyone Minding the Store?
Wednesday, May 21, 2008 Oil prices rose above $130 a barrel Wednesday for the first time, as supply concerns mounted and the value of the U.S. dollar weakened. Light, sweet crude reached a trading record of $130.47 a barrel in … Continue reading
Goldman Forecasts $141 Oil For Second Half of Year
Saturday, May 17, 2008 Despite trying to convince the American people to the contrary, when it comes to oil prices, George W. Bush is just a Saudi appeaser. Goldman Sachs, the most active investment bank in energy markets, on Friday … Continue reading
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