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VIDEO: Memorial Day drivers push up oil price

2016-05-30 01:10:45| BBC News | Business | UK Edition

As millions of Americans gear up for the driving season, increased demand at the pumps is pushing up oil prices worldwide.

Tags: day video price oil

 

Inside the Movement to Stop the Oil Industry's 'Bomb Trains'

2016-05-29 10:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Vice: If you're one of the approximately 180 families who live in the Ezra Prentice Homes, in the poor, industrial southern section of Albany, New York, oil trains are a daily fact of life. These trains rumble through as they move crude oil from North Dakota and elsewhere to the northeastern US. Sometimes, the trains pass 15 feet from people's homes. South Albany isn't unusual among poor communities throughout the country--many are located near train tracks and highways, oil refineries, and other sources...

Tags: stop inside oil movement

 
 

Kluber Lubrication Introduces Adhesive Oil That Uses Foam Technology

2016-05-27 21:37:51| Food Processing

The foam spray is a synthetic oil-based multifunctional fluid spray that is applied as spray foam.

Tags: technology oil introduces foam

 

Shell Pipeline Leaks 20,000 Gallons of Oil in Californias Central Valley

2016-05-27 16:56:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: For the second time in two weeks, Shell has spilled thousands of gallons of oil, this time in Californias Central Valley. Less than two weeks after dumping nearly 90,000 gallons of oil into the Gulf of Mexico, Shell Oil is at it again. The companys San Pablo Bay Pipeline, which transports crude oil from Californias Central Valley to the San Francisco Bay Area, leaked an estimated 21,000 gallons into the soil near in San Joaquin County this week. Responders are on the scene to clear oil thats...

Tags: central oil valley shell

 

Petro Countries on the Brink of Collapse as Oil Prices Remain at Ruinously Low Levels

2016-05-27 13:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Alternet: Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by internal strife or are on the brink of collapse as oil prices remain at ruinously low levels. Unlike other countries, which largely finance their governments through taxation, petro-states rely on their oil and natural gas revenues. Russia, for example, obtains about 50% of government income that way; Nigeria, 60%; and Saudi...

Tags: low prices levels countries

 

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