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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The Irony and Tragedy of Failed City Infrastructure Laid Bare by Poor Decision-Making
Old pipes, faded records and a devil-may-care decision process “When are you gonna fix it? And I mean fix it right,” asks Hattie Collins of city and state government officials of Flint Michigan in a recent NPR report by Ari Shapiro. The task of fixing corroded water pipes after officials allowed the pipes to poison the city water supply becomes …
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Climate Negotiations in Paris: the Art of the Possible
COP21 was winding down on Friday, December 11, but excitement was in the air as promise of a first-ever global climate agreement neared its dramatic conclusion. On the way in to the Le Bourget conference site that day I shared an electric car ride with Juliana Phillip from the negotiating team for the EU. As we discussed the outcome of …
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