Big Oil Already Netted $25 Billion From GOP Tax Cuts
The so-called Tax Cut and Jobs Act slashed the corporate tax rate from 35 percent to just 21 percent—a 40 percent reduction.
The so-called Tax Cut and Jobs Act slashed the corporate tax rate from 35 percent to just 21 percent—a 40 percent reduction.
Environmentalists say lawmakers reluctance to address the bill’s environmental concerns is likely a result of not wanting to bite the hand that feeds them.
Last week the U.S. House passed multiple pro-oil, anti-environmental pieces of legislation that would, among other things, charge a $5,000 fee in order to file an official protest against a proposed drilling project, sparking outrage
Katie Rucke is a MintPress staff writer and investigative report specializing in the war on drugs, criminal justice, marijuana legislation, education and watchdog investigations as well as whistle-blowers. Her investigations related to the coverage of the 2010 Toyota recall scandal, and coverage of the trials of Anonymous hacker and proclaimed activist Jeremy Hammond as well as Bradley Manning have received international acclaim. Rucke has been recommended by the Wikileaks organization as a trusted journalist in 2013. Rucke has also written pieces for Yahoo! and various community magazines. Follow Katie on Twitter: @katierucke
Communities against fracking are not only up against oil and gas exploitation companies, but their stockholders, too.
The nation’s leading financial advisors are looking to turn a profit -- and they’re eyeing the fracking industry as one that’s sure to deliver hefty returns.
According to Chen Lin, an investment strategist, fracking is the new frontier for those looking to
Fracking uses a lot of lake and river water. A new study finds less than a tenth of it ever gets recycled.
Fracking in the Marcellus Shale of Pennsylvania and West Virginia do not only use millions of gallons of water per operation, according to a new report. The study also shows that operations fail to return almost all that water to its purified form.
If the preliminary data is true, the Land Down Under will soon have 12 percent of the world’s oil reserves.
In January, officials in Australia announced they had found a shale oil field that contained more “black gold” than what’s found in Iran (137 billion barrels), Iraq (115 billion barrels), Canada (175 billion barrels)
Katie Rucke is a MintPress staff writer and investigative report specializing in the war on drugs, criminal justice, marijuana legislation, education and watchdog investigations as well as whistle-blowers. Her investigations related to the coverage of the 2010 Toyota recall scandal, and coverage of the trials of Anonymous hacker and proclaimed activist Jeremy Hammond as well as Bradley Manning have received international acclaim. Rucke has been recommended by the Wikileaks organization as a trusted journalist in 2013. Rucke has also written pieces for Yahoo! and various community magazines. Follow Katie on Twitter: @katierucke
Senators have introduced legislation that allows oil companies to skip regulations requiring disclosure of the chemicals used in fracking operations.
North Carolina senators are taking an American Legislative Exchange Council-style approach in their efforts to push through legislation that allows oil companies a loophole in regulations requiring disclosure of the chemicals used in hydraulic fracturing, or fracking, operations.
This week, a state Senate committee