Truthout
Fossil Fuel Industry
Incoming GOP House Majority Could End Big Oil Investigation, Advocates Warn
The incoming chair of the House Oversight Committee, Republican Rep. James Comer, has openly bashed the investigation.
Internal Documents Reveal Big Oil’s Plan for Profiting Amid Climate Pressures
The largest oil and gas companies are leveraging the climate crisis to further entrench their domination of energy markets.
Large Utilities Have Made $14B in Profits as Millions Fall Behind on Payments
Roughly 1 in 6 households are currently behind on energy bills.
Manchin’s “Dirty” Big Oil Giveaway Defeated Again After Progressive Opposition
It became clear this week that the deal to severely weaken keystone environmental laws wouldn’t have the votes to pass.
636 Fossil Fuel Lobbyists Swarm Climate Talks, Up 25% From Last Year’s COP26
There are more fossil fuel lobbyists attending COP27 than representatives of the 10 nations most affected by the crisis.
Fossil Fuel Firms Spent Millions in Bid to Defeat Democrats in the Midterms
The industry gave Republican super PACs at least $32 million to fight Democrats such as Ohio's Tim Ryan.
“Political Game Changer”: Biden Calls for Tax on Big Oil’s Excess Profits
“This is exactly the type of leadership we’ve been waiting for from President Biden,” one climate activist said.
“This Is What Price-Gouging Looks Like”: Exxon Profits Break All-Time Records
Exxon has posted third-quarter profits of $19.7 billion — the highest ever posted by an international oil company.
Sanders Calls for End to Military Aid to Saudi Arabia Amid OPEC Production Slash
“OPEC's decision to cutback on production is a blatant attempt to increase gas prices at the pump,” he said.
California Governor Newsom Proposes Windfall Profits Tax on Big Oil
“Crude oil prices are down but oil and gas companies have jacked up prices at the pump,” noted Newsom.