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Obama takes on Big Oil: Will presidents final, radical climate push be enough?

2014-07-13 10:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Salon: Standing before University of California at Irvine`s graduating class this June, Barack Obama did something no U.S. president has done before: He stood up for climate science. Not only did the president make a strong case for taking immediate action to mitigate global warming, he delivered a withering critique of climate deniers, whom he likened to those who would suggest the moon was "made of cheese. Even more outrageous, writes journalist Mark Hertsgaard, is a comment Obama made on Showtime`s...

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Oil prices increase as Obama hints at tougher sanctions against Russia

2014-03-27 01:00:00| Offshore Technology

Oil prices increased today as US President Barack Obama hinted towards stringent sanctions against Russia, making oil traders cautious.

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Obama Pushes More Oil Production To Clean Up Coal

2013-12-22 08:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: America's newest, most expensive coal-fired power plant is hailed as one of the cleanest on the planet, thanks to government-backed technology that removes carbon dioxide and keeps it out of the atmosphere. But once the carbon is stripped away, it will be used to do something that is not so green at all. It will extract oil. When President Barack Obama first endorsed this "carbon-capture" technology, the idea was that it would fight global warming by sparing the atmosphere from more greenhouse...

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Large North Dakota Oil Spill Spotlights Obama Delay on Pipeline Rules

2013-10-30 16:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Three years after an oil pipeline rupture in Michigan spilled 843,000 gallons of sludge, government regulators still havent produced promised rules to compel operators to detect leaks. An oil spill in North Dakota last month and the continued debate over construction of TransCanada Corp. (TRP)s Keystone XL Pipeline have led to renewed criticism to the governments inaction on safety measures. Its outrageous, Rick Kessler, Pipeline Safety Trusts president and a Washington lobbyist, said...

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Obama administration cuts back oil shale development

2013-06-21 21:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Fox News: Controversy is heating up over an administration plan to drastically reduce the amount of federal lands available for oil shale development in the American West. The Bush administration had set aside 1.3 million acres for oil shale and tar sands development in Colorado, Utah and Wyoming. The new Bureau of Land Management plan cuts that amount by two-thirds, down to 700,000 acres, a decision that has prompted industry outrage. "What they basically did was make it so that nobody is going to want...

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