oil
President Obama’s veto isn’t the end of the Keystone XL story
President Obama vetoed a bill that would approve construction of the Keystone XL pipeline, but that still doesn’t mean the project is officially dead. But with collapsed oil prices and a world moving away from fossil fuels, would Keystone’s builders eventually regret it if they do win approval?
As the US bombs ISIS oil in Syria, militants lay siege to Iraq’s biggest refinery
ISIS fighters surrounded Iraq’s largest refinery in June, but Iraqi troops have kept control of this key oil facility for three months — even securing a visit by the country’s new oil minister. Taking over the refinery would be a huge boost for the militant group as the US bombs its oil facilities in Syria.
ISIS is selling cheap oil to its enemies — from Syria’s government to the Kurds
ISIS is funding its war by selling oil from the fields it controls in Iraq and Syria, to the tune of millions of dollars. Strangely enough, the enemies it is fighting are some of the main customers. That complicates the US goal of crippling the ISIS war machine.
The view over Alberta’s tar sands shows booming wealth — and environmental destruction
A trillion dollars’ worth of heavy crude oil has attracted the world’s oil titans to western Canada — and they’re making a mess. The World and GlobalPost’s GroundTruth Project head to the skies for a look at the sweeping impact of oil extraction from the Alberta Tar Sands.A trillion dollars’ worth of heavy crude oil has attracted the world’s oil titans to western Canada — and they’re making a mess. The World and GlobalPost’s GroundTruth Project head to the skies for a look at the sweeping impact of oil extraction from the Alberta Tar Sands.