It’s not its carbon trail that stands in the way of the Alberta tar sands’ picking up the supply ball dropped by deep-water drilling in the Gulf of Mexico. After all, tar sands fuel is no dirtier than coal, and Americans haven’t let that fossil fuel’s carbon trail stand in the way of its generating [...]
Posts Tagged ‘oil prices’
Whether Hurricane Alex hits the Gulf oil spill or not, it’s only a matter of time before one will. Alex is, after all, only the first storm in a year the National Oceanic and Atmospheric Administration (NOAA) is predicting will be an abnormally active one for hurricanes.
In case you’d forgotten, blow-outs of deep-water wells aren’t [...]
A $10-per-barrel drop in oil prices seems a curious response to the ongoing disaster at BP’s Deepwater Horizon wellhead, and to its potentially devastating repercussions on future world oil supply. But when the Dow loses 1,000 points in the same week, there’s obviously something else going on.
If the world’s economic outlook is the same as [...]
Will the unfolding environmental catastrophe from the ruptured Deepwater Horizon well in the Gulf of Mexico become deep-water oil’s equivalent to the Three Mile Island nuclear accident?
In terms of environmental degradation and economic cost, it’s already become much more. The real legacy of Three Mile Island wasn’t what happened back in 1979, though, but rather [...]
Like millions of others, I was supposed to be flying over European skies last Saturday night—in my case to do a couple of days of media in Lisbon around the launch of the Portuguese edition of my book,“Porque É Que o Seu Mundo Vai Ficar Muito Mais Pequeno.”
Of course, I never got to Portugal. Most [...]


