Energy & Fuel

Oil Spill in Houston Ship Channel Blocks Traffic; Size Unknown

"TEXAS CITY, Texas -- The cleanup of an unknown amount of thick, sticky oil that spilled into the Galveston Bay blocked the movement Sunday of about 60 ships, including three cruise ships, between the Gulf of Mexico and one of the world's busiest petrochemical transportation waterways."

Source: AP, 03/24/2014

"How to Lose an Energy War With Putin"

"Forget Glasnost, Mikhail Gorbachev and the arms race. What really broke the Soviet Union was the collapse of oil prices in the late 1980s. The late economist Yegor Gaidar, one of Boris Yeltsin’s prime ministers, wrote in 2007 that the empire’s fall could be traced back to Sept. 13, 1985, when Saudi Arabia, fed up with holding back supply to prop up prices, opened the spigots in a quest to recover lost market share. That day, he argued convincingly, was the beginning of the end."

Source: Politico, 03/24/2014

Sunshine Week 2014: Hard Fight for Open Government Far from Won

Spin control and the security state may have taken large bites out of the First Amendment in recent years, but the pushback celebration known as Sunshine Week has never been more robust. Pushing for open government is a trend. Nowhere is this more true than on the environment and energy beats.

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"In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets"

"Energy companies have been under increasing pressure from shareholder activists in recent years to warn investors of the risks that stricter limits on carbon emissions would place on their business. On Thursday, a shareholder group said that it had won its biggest prize yet, when Exxon Mobil became the first oil and gas producer to agree to publish that information by the end of the month."

Source: NY Times, 03/21/2014

Biggest Lease Holder in Canada’s Oil Sands Is the Koch Brothers

"You might expect the biggest lease owner in Canada's oil sands, or tar sands, to be one of the international oil giants, like Exxon Mobil or Royal Dutch Shell. But that isn't the case. The biggest lease holder in the northern Alberta oil sands is a subsidiary of Koch Industries, the privately-owned cornerstone of the fortune of conservative Koch brothers Charles and David."

Source: Wash Post, 03/21/2014

Louisiana's Coastal Insects Still Dying From BP Oil Spill: Researcher

"Insects living in wetland grasses along Louisiana's coast oiled in the aftermath of the 2010 BP Deepwater Horizon disaster are still dying, the result of exposure to remaining oil in the marsh almost four years later, Louisiana State University entomologist Linda Hooper-Bui said Wednesday."

Source: New Orleans Times-Picayune, 03/20/2014

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