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Tag Archives: Oil Crisis
Obama rejects new oil pipeline, blames Congress
Obama rejects new oil pipeline, blames Congress WASHINGTON - President Obama yesterday rejected for now the proposed Keystone XL oil pipeline, saying the $7 billion project could not be adequately reviewed by the 60-day deadline set by Congress. While the … Continue reading
New report says U.S. has largest fossil fuel reserves in world
I was raised around the oilfields of West Texas, South Louisiana and Oklahoma. This is a subject I am all too familiar with, so, let’s get down and dirty and talk about OIL! New report says U.S. has largest fossil … Continue reading
OPEC slashes production; crude continues to tumble
OPEC slashes production; crude continues to tumble VIENNA, Austria (AP) - OPEC said at an emergency meeting Friday that it will slash oil production by 1.5 million barrels to stem the “dramatic collapse” of oil prices, but crude prices plunged … Continue reading
Posted in America 1st
Tagged America 1st, Big Oil, Drill Here Drill Now, Foreign Oil, Oil Crisis, Oil Prices, Oil Production, OPEC
7 Comments
Energy chief: Flat production behind oil prices
AOMORI, Japan (AP) - Nations should fight rising oil prices by cutting subsidies and vastly increasing investment in energy, while oil-producing countries need to ramp up output and divulge more information about how much they produce, the U.S. energy secretary … Continue reading
Posted in America 1st
Tagged Foreign Oil, Oil, Oil Crisis, Oil Exploration, Oil Prices, Oil Production, Oil Shortage
1 Comment
