Exxon’s Crimes Against Humanity

It is now public knowledge that Exxon has known for decades that their core business is directly responsible for climate change. Even more damning is the fact that they covered up this knowledge. To make matters even worse, they actively participated and funded a sophisticated campaign to fuel climate denial and delay climate action as long as they could. As …

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Abandoned pump. What the slump in oil prices means for Big Oil

Plummeting Prices, Slumping Profits and the Future of Big Oil

It may seem good for the consumer filling up at the pump, as average price for a gallon regular gas hovers just over $1.70, the first time prices were below $2/gallon since March of 2009. But what does it mean for the long haul when all the oil majors report precipitously declining profits in the face of plummeting oil prices? As Richard Matthews …

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