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Exxon-Mobil announces mega-profits as president challenges Congress to end Big Oil subsidies
WASHINGTON, D.C. — This morning Exxon-Mobil (NYSE: XOM) announced $32.5 billion in annual profits for 2014. Even with crude prices down from record highs, the largest oil company in the U.S. still ranks among the most profitable companies in the world. Within hours of this announcement, President Obama sent his… Read More
Chevron continues to make a killing on crude
WASHINGTON, D.C. — Chevron (NYSE: CVX) announced their annual profits for 2014. Even with oil prices down from record highs, Chevron’s $19.2 billion in profits rank it among the most profitable companies in the world. Meanwhile, it is likely that Chevron received a sizeable share of the at least $10… Read More
Senate wraps up one month of work for the Koch Bros and TransCanada with passage of KXL bill
WASHINGTON, D.C. – On Thursday, the Senate passed S.1, the Keystone XL Pipeline Approval Act, by a vote of 62-36. A similar bill passed the House three weeks ago. Differences between both versions must be reconciled by both chambers before the legislation can move to the President’s desk. President Obama… Read More
Despite dropping crude prices, black gold still buoys Shell in the Arctic
WASHINGTON, DC. — The Financial Times reported Shell’s (NYSE: RDS) annual profits for 2014, and even as oil prices came down from record highs, Shell’s 14 percent rise to $19.04 billion in profits rank it among the world’s most profitable corporations. In addition, Shell will likely receive a hefty share… Read More
Coalition sues EPA for failing to address factory farm air pollution
Environmental, humane and community organizations seek action to protect public health, animals, and the environment WASHINGTON, D.C. –A coalition of environmental, humane and community organizations filed two lawsuits against the Environmental Protection Agency today for failing to address air pollution from factory farms. The pollution contributes to significant human health… Read More
House attempts to undermine DOE and the environment by expediting natural gas exports
WASHINGTON, D.C. – The House of Representatives passed H.R. 351, LNG Permitting Certainty and Transparency Act by a vote of 277-133. The bill would expedite liquefied natural gas export applications. 25 national and local groups sent up a letter to the House urging them to oppose H.R. 351 because it would… Read More
Coalition statement on EPAs response to address aviation lead pollution
WASHINGTON, D.C. – Today, the U.S. Environmental Protection Agency issued a response to a petition filed by environmental groups urging the agency to address lead emissions from aviation gasoline –– the largest source of airborne lead emissions in the country. Lead has been banned from paints and automobile gasoline, but… Read More
Obama administration gifts Outer Continental Shelf to oil and gas interests
WASHINGTON, D.C. – The Bureau of Ocean Energy Management today released the draft 2017-2022 program for new oil and gas leasing on the Outer Continental Shelf. The current five-year program, set to expire in 2017, opened 219 million acres in Alaska and the Gulf of Mexico to oil and gas leasing. Read More
Progressive coalition encourages EPA to mandate strong GHG reductions from power plants by 2020
WASHINGTON, D.C. – 28 local, state and national public interest groups from the Climate Reality Check network submitted a letter to Assistant Administrator Janet McCabe for the Office of Air and Radiation in the Environmental Protection Agency. The letter urges her to require that states make significant greenhouse gas emission… Read More
President takes important climate step in Alaska
WASHINGTON, D.C. – President Obama announced a Department of the Interior plan to protect Alaska’s Arctic National Wildlife Refuge in a video released yesterday. Outlining the plan, the president also asked Congress to provide further protection from development activities by designating the area as wilderness. The oil and gas industry… Read More