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Oil and Gas

New Mexican Economists Warn: Change Course Now

Later this month, New Mexico lawmakers will have another chance to fix an economic problem that has plagued the state for decades. “For at least 40 years people in the state government and the Legislature have known that they are overly dependent on oil and gas for state revenue,” says Jim Peach, regents professor of economics at New Mexico State University. Right now, more than 40% of the state’s income relies on the boom-and-bust fortunes of oil and gas. Now, according to a trio of New Mexico’s leading economists, the time has come to change course. “Like it or not, we’re at the tail end of the fossil fuel age,” Peach says. “We really are.”

Trans Mountain Pipeline Protester Creates New Treetop Camp After Destruction

The fight over a $12.6-billion federal government pipeline project continues. This weekend, environmental activist Timothee Govare has moved into a tent 20 metres up in the air. It's among three maple trees near Lost Creek in Burnaby. "I am here in the canopy of the trees of Lost Creek to prevent their imminent logging preceding the installation of the Trans Mountain pipeline,” Govare said in a news release. “I see the urgency of acting on the climate crisis." This action comes just over a week after CN police cleared out the Holmes Creek Protection Camp. Govare was one of those who were previously occupying the Cottonwood Treehouse, which was 25 metres up in the air in this area.

Gas Company Sues To Destroy Small Town’s Rights Of Nature Law

In a clear signal of how the fossil fuel industry feels about efforts to enact Rights of Nature protections that safeguard communities and the environment from the impacts of coal, gas, and oil development, an energy company has—yet again—filed a federal lawsuit challenging a local law in Grant Township, Pennsylvania. This is the second time that Pennsylvania General Energy Company (PGE) has sued over the 2015 law, which aims to keep fracking waste injection wells out of the community of about 700 people. Though the Pennsylvania Department of Environmental Protection (DEP) also previously sued the township, earlier this year—in what Rolling Stone described as a "stunning reversal"—the department cited the law when rescinding PGE a waste injection permit.

Indigenous-led Resistance To Enbridge’s Line 3 Pipeline Threatens Big Oil

When Dawn Goodwin went down to the bank of the upper Mississippi River on Dec. 4, she just wanted to spend some time honoring the traditions of her people. Goodwin was part of a small group of Mississippi Band Anishinaabe women visiting a traditional teaching lodge, or waaginoogan, near where Enbridge’s proposed Line 3 oil pipeline would cross under the river. Upon reaching the waaginoogan, she was distressed to see the stumps of clear-cut trees and other damage where Enbridge had cut a path for the pipeline. Gazing at the destruction, Goodwin felt moved to act. “I thought, I needed to pray here,” Goodwin said. “I wandered off toward one of the trees they had cut. I sat down to pray and visit with it.”

Every Major Bank Has Now Ruled Out Funding Arctic Drilling

We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration in the Arctic, joining Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and CitiBank, which all announced similar policies this year. That means no major U.S. bank will fund oil and gas production in the region anymore. The news follows years of public pressure from climate organizers for companies to stop enabling Arctic drilling. The movement heated up since last fall when a coalition launched Stop the Money Pipeline, a campaign to call out Wall Street firms’ role in particular.

Activists Resist Frantic Pipeline Development

The final weeks of the Trump administration have been frenzied for oil and gas pipeline companies. On November 24, Enbridge — the largest pipeline developer in North America — filed a lawsuit to block Michigan Gov. Gretchen Whitmer from shutting down one of its major projects, swiftly announcing on the same day plans to move ahead with construction on Line 3 in neighboring Minnesota. That whiplash could be an indication of the fights to come with a Biden administration pulled between executive ties to the fossil fuel industry, activists who insist the president-elect deliver on...

Fuel Shortages In Venezuela

Fuel shortages have become of the main issues in Venezuela. The mainstream media, always on board the regime change bandwagon, is keen to report that "the country with the world's largest oil reserves" has no fuel, but not so much on the causes behind it. Under the weight of punishing US sanctions, state oil company PDVSA has seen production fall dramatically and fuel refining has been especially hit. In our most recent joint production with Tatuy Tv, we look at the causes and consequences of fuel shortages in Venezuela.

Water Protector Locks To Enbridge Pipe Yard Gate On Black Friday

Backus, MN - This morning, one water protector locked their neck to the gate of one of Enbridge’s massive pipe yards south of Backus, Minnesota, as other rallied and shoppers consumed on Black Friday. Black Friday falls on Native American Heritage Day. Earlier in the week, the Trump administration approved the last major permits of Enbridge’s Line 3 project, following state approval through 818 wetlands and Anishinaabe treaty territory in northern Minnesota by Democratic Governor Tim Walz’ administration.

Affordable Housing Developers Set their Sights On Former Toxic Oil Fields

California - On a busy corner in Vista Hermosa, a neighborhood just west of downtown Los Angeles, early signs of construction have begun on a 7-story, 64-unit apartment building called Firmin Court. The project’s developer, the Decro Group, has pledged that the new building, which is one of six active multi-family developments under construction in a five-block radius, will provide supportive and affordable housing for “chronically homeless individuals, persons at risk of becoming homeless, and low-income families.”

Mountain Valley Pipeline Project Remains Stalled In Legal Limbo

It was a shock to the system. That’s how EQT President and CEO Toby Rice described the impact of the July cancellation of the Atlantic Coast Pipeline. Rice made the allusion during EQT’s third-quarter earnings call Thursday while reporting talks with four or five other unnamed companies to offload some or all of EQT’s Mountain Valley Pipeline capacity. Environmentalists hope Mountain Valley is headed for the same fate as Atlantic Coast and view the natural gas industry’s recent slide as evidence the market might be on their side.

Victory: East Pittsburgh Community Stops Fracking Well

The East Pittsburgh Zoning and Hearing Board announced this evening that it was rejecting a permit appeal from Merrion Oil & Gas, the company seeking to drill a fracking well at the US Steel plant. The decision (a 3-2 vote) likely marks the final word on a well project that drew intense community opposition, led by groups like North Braddock Residents For Our Future. The well has long been championed by Lieutenant Governor John Fetterman. “Communities that have been hard hit by fossil fuel pollution in our state have been raising hell to stop projects like this fracking well...

Members Of Secwépemc Unity Camp Shut Down Trans Mountain Pipeline

Canada - Several people were arrested on Thursday (Oct. 15) at the Trans Mountain construction site on Mission Flats in Kamloops. Members of the We, the Secwépemc Unity Camp to Stop the Trans Mountain Pipeline walked across Canadian Pacific Railway tracks and onto the Trans Mountain site. There, at least two protesters sat on an excavator and called for others opposed to the pipeline expansion project to help stop the work being done. When Trans Mountain employees told protesters they were violating a B.C. Supreme Court injunction prohibiting the obstruction of access to Trans Mountain's worksites and that they must leave, a protester responded by saying they would stay.

Way Down In The Hole: Pipeline Lockdown

Police arrested four protesters who locked themselves to a controversial National Grid fracked gas pipeline construction site in Williamsburg on Thursday morning. Two environmental advocates fastened each other to the underground tube for three hours while two more activists secured themselves to the active building site at the corner of Manhattan and Montrose avenues at around 9 am, protesting the utility company’s seven-mile fossil fuel pipe. “They don’t care about us. They never asked for our consent to come in here so we need to stop it because no politician is doing it for us,” said Pati Rodriguez...

Climate Litigation Spreads Across The United States

With hurricanes in the Gulf South and wildfires in the West, the intensifying impacts of climate change have been inescapable as summer turns to fall. Summer 2020 also brought a wave of new climate lawsuits against the fossil fuel industry, including several firsts: the first suit in the South (Charleston, South Carolina); the first suits to name the American Petroleum Institute–the main US oil and gas industry lobby group–as a defendant (Minnesota, Delaware, and Hoboken, New Jersey); the first cases seeking disgorgement of corporate profits gained through illegal acts (Minnesota and Connecticut).

‘Bomb Trains’ Coming Soon Through Your Town

An energy company tied to a hedge fund that loaned millions to the Trump Organization and the Kushner Companies will benefit after Team Trump approved railroads running “bomb trains” through our nation. They are loaded with liquefied natural gas with more explosive power than the atom bomb that destroyed Hiroshima. Liquefied natural gas is even more volatile than Bakken crude oil carried on trains like the one that derailed and caught fire on July 6, 2013, in Lac-Mégantic in Quebec, killing 47 people.
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