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Saturday, September 5, 2026

August 5, 2016

Louisiana Pols Take Big Oil to Court for Coastal Ruin

August 5, 2016

From AP/Canadian Business ALLIANCE, La. – The oil industry has left a big footprint along the Gulf Coast, where a Delaware-sized stretch of Louisiana has disappeared. But few politicians would blame Big Oil for ecosystem abuse in a state where the industry employs up to 300,000 people and injects $73 billion into the economy. Until now. Following the lead of

Saudi Arabia Cuts Asian Oil Prices to Counter Rivals Russia, Iraq and Iran

August 5, 2016

From the Wall Street Journal Under pressure from Russian, Iraqi and Iranian oil exports, Saudi Arabia discounted its crude last weekend to maintain its share of big Asian markets. The price cut, which applies to September purchases, comes after two years of high-volume pumping by Saudi Arabia, the world’s largest oil producer. The kingdom had chosen to feed an oil

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