Russia’s two trillion dollar economy, the eighth largest in the world, is buckling under the combined weight of ongoing financial sanctions imposed by the West and falling commodity prices, especially the price of oil.
Forget “all this bullshit about law and facts,” remarked Steven Donziger in 2007. “In the end of the day, it is about brute force.”
Donziger was a plaintiffs’ attorney attempting to extract billions of dollars from oil giant Chevron—by whatever means necessary. His observation on the role the “law and facts” played in his work nicely captured the character of the years-long campaign of fraud, bribery, and extortion he conducted on behalf of his clients.
Petroleum engineering is the college major that will produce the best salary after graduation, and it isn’t even close.
Rep. Bruce Braley (D., Iowa) sold stocks he owned in oil and gas companies that were worth between $9000 and $135,000 in 2013, just before criticizing his Republican opponent for being tied to oil industrialists in the Iowa Senate race this year.
American liquefied natural gas exports are reducing revenues at Russia’s state-owned natural gas company as the United States looks to punish the country financially for its invasion of Ukraine.
Michigan environmentalist Democrat Gary Peters refuses to sell the thousands he has reaped in profits from a Big Oil investment tied to an alleged pollutant.
The cheapest crude oil price so far this year has brought prices at gasoline pumps down across the country, according to Bloomberg.
Gas prices in the United States may be high, but they would be downright obscene without the current oil glut produced by shale oil extracted through hydraulic fracturing.
A federal watchdog on Tuesday faulted the Department of Interior for delays in permitting for oil and gas extraction on federal land.