Drill Baby Drill

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D.C. court hands EPA’s Pruitt a defeat over Obama’s methane rule

In case you missed it, a divided three-judge panel of the D.C. Circuit Court of Appeals ruled Monday that Scott Pruitt, the Environmental Protection Agency-hating EPA administrator, overstepped his authority by delaying enforcement of the standards in a rule designed by the Obama administration to reduce methane emissions from new equipment at oil and gas operations. The court ordered Pruitt to […]

July 5th

After Peak Oil, what next? Who profits, who loses bigly?

Many people expected that peak oil  would lead to rising prices – basic supply and demand. But reality has been very different. By George Harvey  What we’ve actually seen: Prices dropped because declines in demand actually preceded declines in production. And the result is a market most people, possibly even OPEC leaders, have found unpredictable. We […]

June 20th

What happens when the oil economy collapses?

As the oil economy collapses, the world will change. And it will change a great deal. The question is simple and stark, but there will be a gradient of effects, and side-effects, and after-effects. By Zachary Shahan  Let’s start with some of the basics. Oil company values — which are currently topping the charts — will […]

June 18th

DAPL Pipeline loses to Standing Rock Sioux in court

Federal judge James Boasberg has twice ruled against petitions brought by the Standing Rock Sioux tribe that sought to block the Dakota Access pipeline (DAPL). On June 14, Judge Boasberg ruled in favor of the tribe on a third petition. By Steve Hanley  In a 91-page decision, the judge ruled the Army Corps of Engineers […]

June 15th