oil drilling

Norway is setting oil revenue aside for a rainy day -- when crude supplies run out

China Warns Russian State Oil Company Against Drilling in South China Sea

China’s Foreign Ministry issued a warning to Russia’s state oil company Rosneft against drilling near disputed South China Sea islands claimed by Beijing. Russia insists the project in question has been conducted entirely within Vietnam’s territorial waters.

Los Angeles fire (Robyn Beck / AFP / Getty)

Obama Threatened to Cut Off California Wildfire Funding in 2016

With celebrities blaming Donald Trump for the recent wildfire outbreaks in California, it is worth remembering that the Obama administration threatened to cut off funding to fight California wildfires in 2016 over a billing dispute.

Oil Well Century City Los Angeles (Ron Gilbert / Flickr / CC / Cropped)

Los Angeles Seeks to Stop Oil and Gas Boom

Los Angeles City Council President Herb Wesson has introduced a motion to end oil drilling and production near public places in a measure that could kill America’s next oil and gas fracking boom.

Obama Toasts Trump AP

Seven Ways Obama Is Trying to Sabotage the Trump Administration

President Barack Obama’s final weeks in office seem dedicated to setting foreign and domestic policy on fire to make life as difficult as possible on his successor, Donald Trump. Here are some of the biggest mousetraps Obama scattered across the White House floor on his way out:

1969 Santa Barbara oil spill (Associated Press)

Oil Spill in Santa Barbara, Site of 1969 Disaster

21,000 gallons of crude oil—- the equivalent of 500 barrels –poured onto the Santa Barbara County coast on Tuesday when an 11-mile-long underground pipe owned by Houston-based Plains All American Pipeline ruptured. The leak and its cause are under investigation.

AP Photo/Brennan Linsley

Recent California Earthquakes Not Linked to Oil Drilling

Although many speculate that a series of earthquakes erupting in the Baldwin Hills region of Los Angeles are tied to drilling activity in nearby oil fields, scientists inform that they are not connected.

AP Photo/Lynne Sladky

There Is No Peak Oil–But We Are Approaching Peak Low-Cost Oil

We will finally learn, after more than 40 years of not knowing, what the free market supply/demand price of crude truly is. This knowledge will make it harder for secretive governments and corporations to manipulate prices in the future, while strengthening domestic production to weather supply shocks in the future.

AP Photo/Ross D. Franklin

Democrats Love Them Some Oil Now

President Obama and his minions, who refused to believe that increasing U.S. oil production would drive the price of gas into the ground, are now eating oily crow.