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Plunging crude prices are crushing the world's major oil producing countries

Posted by rackfokus on Sunday, 21 February 2016 in Fossil Fuels

With crude oil prices plunging government revenues have collapsed, and budget surpluses quickly turned into deficits. What's worse, investors are now starting to worry about their ability to pay back their debts. As a result, five oil producing countries were hit with downgrades from Standard and Po...

North America’s Rivers Are Threatened by Oil.

Posted by stephanie on Monday, 16 March 2015 in Fossil Fuels

The U.S. Environmental Protection Agency issued a grave warning about the Mississippi River on Saturday. Because of an oil spill, it said, the cultural landmark is in “imminent and substantial danger” of being contaminated. The oil spill came from a train carrying 103 cars of Ba...

Will Oil Companies in Manila Pay For Damages?

Posted by thatsenough on Monday, 12 August 2013 in Oil Spill

MANILA – Fishermen and others who suffered economic losses due to the oil spill in Manila Bay are entitled to compensation from those responsible for it, House Deputy Minority Leader Arnel Ty said Sunday. Those who are responsible for the oil spill also need the cost of the cleanup. “We have a...

One Oil Spill is Too Much

Posted by acox on Monday, 08 April 2013 in Oil Spill

Dirty oil, at the root of this, has no moral compass. It is a style of bullying at the worst level. If the earth did not have the resources for renewable energy that its does, this would still be wrong. One oil spill is too much. Three oil spills happened in the last short week, bringing ho...

Shell's Arctic drilling plans go from bad to worse

Posted by britt on Monday, 14 January 2013 in Oil Spill

Shell’s most recent ‘mishap’ a few days ago was not the first setback the oil giant has suffered in its plans to drill for oil in the Arctic. In fact, it’s the eighth in a growing list of reasons why Shell should not be trusted in the Arctic. 1. Shell has no idea how much an oil spill cle...

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Thousands of Gallons of Oil Spilled into Emigrant Creek in Wyoming

Posted by plantitfilm on Thursday, 16 June 2011 in Earth Violators

Malfunctioning equipment at an oil well site leaked thousands of gallons of oil into a creek south of Rawlins, federal regulators said Monday, although they weren’t sure of the exact total. The spill into Emigrant Creek, where cleanup operations are under way, totaled between 1,000 and 10,0...