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White House, Republicans and oil industry spin domestic oil production facts

With the U.S. blocking new purchases of Russian oil, the White House, Republicans and the oil industry are engaged in a disagreement over whether the administration has hampered domestic oil production or whether the industry is holding back - both sides are spinning the facts.... Read more»

Big oil & gas may pay price for keeping a dirty secret for decades

Via an unprecedented wave of lawsuits, filed by cities and states across the U.S., America’s petroleum giants face a reckoning for the environmental devastation caused by fossil fuels – and covering up what they knew along the way.... Read more»

Top U.S. corporations funneled $185 million to political nonprofits

The U.S. Supreme Court’s Citizens United v. Federal Election Commission ruling in 2010 did not, as some warned, unleash a flood of corporate money directly into elections. ... Read more»

Analysis

Big Oil rakes in huge profits, again

It was quite a week for Big Oil. The big five oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—reported their second-quarter 2013 profits last week, which were a combined $19.5 billion. That comes out to $145,000 in profit per minute—more than 88 percent of American households earn in an entire year.... Read more»1

Arizonans join march in Washington against Keystone XL pipeline

Prescott residents Cliff and Paula Fuhst often feel like “two blue dots in a red state,” but they felt right at home Sunday marching in Washington with thousands who oppose the proposed Keystone XL pipeline.... Read more»

Big Oil’s lying statistics

There are now three kinds of lies: lies, damned lies, and big oil statistics. Once again an analysis funded by the oil industry of proposals to eliminate some of their large tax breaks finds that this would be bad for the oil industry and the rest of us, too.... Read more»

Higher oil royalty charges expected from Obama

The Obama administration may be readying for a fight with the energy industry as it prepares to raise royalty charges for oil and gas obtained from public lands—and tighten up practices that have allowed companies to pay less than they should. ... Read more»1

Factcheck

Playing politics with gas prices

Democrats and Republicans disagree on energy policy, but this they share: Both shade the facts on the complex issue for political advantage. ... Read more»

Oil firms that paid ‘bonuses’ to Libya lobbied against disclosure rules

Multinational companies operating in Libya have had to deal with many obstacles, including a government rife with corruption that often asked for what amounted to bribes. Sometimes those companies balked; sometimes they paid them.... Read more»

Think again

When money talks, who listens (besides politicians)?

Everybody knows money talks in politics, but people—and particularly the press—rarely pay attention to exactly how. It can define potential alternatives, invent arguments, inundate with propaganda, and threaten with merely hypothetical opposition.... Read more»

Opinion: Turn off the oil subsidy spigot

Three weeks ago, the Senate rejected a proposal to eliminate about $35 billion in tax subsidies to oil companies as millions of gallons of oil spewed into the Gulf of Mexico.... Read more»