oil spills

Here’s an example of how government subsidies distort market economics: Gas prices are down nearly 35 cents from last year, yet this has had virtually no impact on this year’s first quarter profits of the big oil companies. On top of the decline in gas prices, several of the top five...
05/03/2013
Blog
Tomorrow is the third anniversary of the Deep Horizon explosion that spilled 200 million gallons of crude oil into the Gulf of Mexico. The spill fouled 1,110 miles of beaches and marsh along the coasts of Louisiana, Mississippi, Alabama and Florida. Three years later, the cleanup continues and...
04/19/2013
Blog
One of the main arguments against the Keystone XL pipeline is the damage that would be done to surrounding areas in the case of oil spills, particularly to sensitive environmental areas like the Ogallala aquifer. And, it turns out Keystone's opponents are right to be worried. Two years ago, a...
07/30/2012
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