petroleum industry
-
U.S. Thieves Use Modified Trucks to Smuggle Hundreds of Litres of Stolen Gasoline
As of this week, the U.S. national average gas price is sitting at just under $US5.00 ($7) per 3 litres. While 10 states are reporting average prices above $US5.00 ($7), the highest prices are out west, mainly in states like Califonia which sits at an “I don’t think I like driving anymore” average price of…
-
Shell Grabs Discount for Russian Oil, Says It’s Donating Profits to Ukraine
On Friday, Royal Dutch Shell went against most of its industry counterparts and international goodwill to scoop up a record discount on Russian oil during the ongoing invasion of Ukraine. But the company still wants you to think it’s a good guy, as it’s promised to donate profits to humanitarian aid for Ukraine.
-
2021 Has to Be the Beginning of the End for Big Oil
It seems like everyone had a pretty rough 2021, and no wonder — we’ve had to contend with an ongoing global pandemic, crumbling political infrastructure, climate disasters with no end, and all of Joe Manchin’s ongoing bullshit. But there’s one thing that put a little bit of a spring in my step, and that’s that…
-
The U.S.’s Big Stockpile of Emergency Oil, Explained
The news that President Joe Biden is releasing millions of barrels of oil from a federal stockpile raises a question. Well, a few actually. Namely, wait, what the hell? We have a huge stockpile of oil?