Oil

Trump Administration Denounced for ‘Foolish and Deeply Damaging’ Plan to Drill in Arctic Wildlife Refuge

Environmental advocates vowed to sue the U.S. Department of Interior following its announcement Monday that the Trump administration has finalized plans to auction off oil and gas leasing rights in Alaska’s Arctic National Wildlife Refuge. “The door is being flung wide open for oil and gas drilling to impose irreversible harm to one of America’s iconic …

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‘Incredibly Reckless’: Trump Moves to Expand Fossil Fuel Drilling in Alaska’s Western Arctic Region

The Trump administration was lambasted Thursday for a proposal to open up most of Alaska’s Western Arctic reserve for fossil fuel drilling—a move conservation groups say would be a “disaster” for the climate and wildlife as well as the rights and well-being of Indigenous communities. The Bureau of Land Management (BLM) released the “preferred plan” …

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Groups Denounce Gutting of Environmental Rules ‘When Trump Thinks No One is Paying Attention’

President Donald Trump is expected to sign an executive order Thursday waiving environmental regulatory hurdles to infrastructure, energy, and other projects, a move that critics charge is another sign of “authoritarianism” from the White House. “Allowing the fossil fuel industry to dig, drill, and frack unbounded by NEPA amounts to a targeted strike on people …

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Iran Warns US Not to Interfere with Venezuelan Oil Flotilla

Iranian President Hassan Rouhani on Saturday warned the United States not to interfere with a shipment of oil bound for Venezuela after the South American nation said it would provide an armed escort for the tankers. In a statement posted on his website, Rouhani said the United States had created “unacceptable conditions” in different parts …

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As Oil Prices Fall Below $0 Per Barrel, Climate Advocates Urge Against Fossil Fuel Industry Bailout

The price of U.S. crude oil collapse to below zero for the first time on record, falling to negative-$37 per barrel and forcing oil producers to pay buyers to take the product off their hands.  As The Guardian reported last week, 160 million barrels of oil are being stored in tankers near shipping ports around the …

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