Tag archives for oil drilling

President Obama will soon have to decide whether he will be the “all of the above” president or the “respond to climate change” president.

History suggests he’s wrong.

The loss of Arctic sea ice has done more than herald the extent of global warming. It has opened up the prospect of new shipping routes and new access to natural resources. As the ice has retreated, nations and private interests have advanced on the wild, remote region that affects the world–both as home to…

Like so much else in the energy and environmental field, recent news about the discovery of “vast oil fields in the U.S.”, that could dramatically increase domestic oil production, is a mix of the good, the bad, and the ugly. Let’s go down the list: The good: According to projections by the U.S. Department of…

The people who spend their lives buying and selling oil are making big bets that the price is going up, with a number of analysts predicting the return of $100 per barrel oil within months. This makes a lot of people nervous, for good reason. When oil gets expensive, life tends to get ugly. The…