35 Burst results for "Oil Industry"

$25M suit blames energy, boat companies in fatal capsizing

AP News Radio

00:47 sec | Last week

$25M suit blames energy, boat companies in fatal capsizing

"Hi Mike Rossi are reporting a pair of lawsuits blaming energy and boat companies for a fatal capsizing in the Gulf of Mexico the first lawsuits have been filed over last week's offshore oil industry vessel disaster in the Gulf of Mexico the two twenty five million dollar lawsuits were filed in Texas state court in Houston by an attorney representing Hannah desperate and Krista verger both of Louisiana despots husband ed virtues fiance are among seven people missing and presumed dead as of Friday six bodies had been recovered and identified six of the nineteen people who were on board when the vessel overturned in stormy weather were rescued both lawsuits faults Paulos energy and lift boat operator seacor marine LLC and its affiliates C. core lift boats LLC for the accident hi Mike Rossio

Mike Rossi Gulf Of Mexico Texas State Court Hannah Desperate Krista Verger Ed Virtues Houston Louisiana Paulos Energy Seacor Marine Llc Lift Boats Llc Mike Rossio
Coast Guard Suspends Search for Seacor Power Crew

John McCulloch

00:20 sec | 2 weeks ago

Coast Guard Suspends Search for Seacor Power Crew

"Disappear when I lift boat capsized off Louisiana will be suspended its sunset today. The Coast Guard does not expect to find more survivors from the vessel. The grim news comes after days of searching for the missing workers from the oil industry lift both Psi Corps power, which capsized Tuesday during a fierce storm in the Gulf of Mexico. More on these stories

Louisiana Coast Guard Psi Corps Gulf Of Mexico
In shift, oil industry group backs federal price on carbon

News and Perspective with Tom Hutyler

00:22 sec | Last month

In shift, oil industry group backs federal price on carbon

"The top oil and gas industry lobby group is now endorsing putting a federal price on carbon dioxide emissions. Reversal designed to show seriousness and addressing climate change. The decision by the American Petroleum Institute, whose members include oil giants, such as Exxon Mobil and Chevron, ends the group's longstanding opposition that helped sink cap and trade legislation just over a decade ago.

American Petroleum Institute Exxon Mobil Chevron
Howard Hughes: A Successful Mystery From Birth

Personology

02:37 min | Last month

Howard Hughes: A Successful Mystery From Birth

"Howard hughes was born in one thousand nine hundred five. Perhaps on christmas eve although that seems their documents say different things but we'll say christmas eve in humble texas which is kind of ironic for a man who was anything but humble or houston texas. It sounds like i think it was used because one of the mysteries of his life is that his birth certificate was never found and it was only when he in world war two came around that his aunts had verifies to win. It was born and where the first place so to. This is just typical of a man who lived his whole life with mystery. They don't even have the real birth certificate for that is pretty fascinating in and of itself a man who would ultimately come to be a mysterious figure in so many ways an only child to parents who really didn't have much to start with but whose father and this is just interesting. You know when you think about what's nature and what's nurture that's a big question in the life of howard hughes in that. His father had nothing but his father who was originally from missouri discovered. Or let you say. Designed built a drill bet to drill oil with current and it revolutionize the oil industry because prior to the invention of this drill bit conventional drills. Were basically destroyed when they hit extremely hard rock formations so this particular drill devised a way to go through those formations and in fact it developed at fascinating name. It will feels people called it. The rock eater. Because that's exactly what it did it revolutionize the oil industry and ultimately made howard hughes senior hearts father fabulously wealthy and that was actually the basis of his sons origin. What's also fascinating in terms of. What do you take away from your parents and learn or what has to do with you. Know nate intelligence but he not only built this thing in revolutionized the industry but he chose to a patent it and be rented not sell it. Which really was instrumental in not only making his fortune but keeping his fortune in the sense that ultimately people were always dependent on renting these pieces. No one else could make these pieces. And so this became really for life in many ways a source of howard hughes juniors money

Howard Hughes Texas Houston Missouri Nate
Oil giant Shell says its carbon emissions and oil production have peaked

Monocle 24: The Briefing

00:40 sec | 3 months ago

Oil giant Shell says its carbon emissions and oil production have peaked

"And also show moving further away from the product with which it has the tubing's anonymous many companies in the sector. Shell is hoping to rebrand from big oil two big energy. The company says the oil production and it's carbon emissions have now peaked and decline in the coming years. It's really a sign of how much the oil industry has shifted away from. Its mantra of growth and exploration. Shell says its reproduction. Will probably fall by between one and two percents a year as we go forward now if you assume annual reduction on the upper end of that range that could mean that shells production will drop as much as eighteen percent by the end of this decade

Shell
Getting Women Excited About Tech with Facebook's Caty Caldwell And Jessica Odeyemi

Technically 200

04:48 min | 3 months ago

Getting Women Excited About Tech with Facebook's Caty Caldwell And Jessica Odeyemi

"This is the first of a series of technically two hundred talks or roundtable conversations. Where it's not just a one on one. But one onto plus. And i am very excited about this one because we have miss jessica odor yemi once again from ibm technical product manager. And we've got Ms katy call technical program manager at facebook. Such a pleasure to have you both here to night so i just wanna start with one question for each of you in. Why don't we start with katie. Katie what's your first memory of being excited about tech my first memory of being excited about tack. It has to be. I think in my freshman year computer science course. It's like an introduction a computer science. I just remember. I had started at princeton as a chemical engineer and i was just like i was in my first chemistry class. I was like this is like watching paint dry like this is not like the chemistry. I know from high school and i was just really excited about this idea. Setting chemical engineering. But when i took my first computer science course everyone had worn me before the course that was going to be so challenging difficult and i just remember just like enjoying every assignment and every assignment just felt like it felt like a puzzle. Felt fun and i. I felt like i was spinning. Just an inordinate amount of time. Just focus on by computer science work over my chemistry homework and i hadn't even got into sort of like the chemical engineering courses yet and i was like this'll make sense. Why by studying. Something that i am like. Great like begrudgingly. Getting through versus has studying something that i love so i just remember just being super excited about the next assignment and computer science like always wanted the next one wanted to do like the extra credit. I love that and jess unless you that same question. Yeah so let's see. I got into the tech industry per se a little bit later in life. But i remember the first time i was excited about anything. Simulated was an elementary school. When i found out I don't know if you've ever heard of them ike rube goldberg projects Like i don't know if you've ever seen a movie pee wee's big adventure. But at the very beginning he has all these contractions that connect to each other to do different things. But i kind of find out found out an elementary school. There was. We were introduced to the the concept of a rube goldberg project. In thought it was so cool. So i did something similar for science fair project and i thought it was the coolest thing ever As far as you know the tech industry goes. I think that happened much later in life for me. So that probably didn't happen for me until i was working and i think we've chatted about this a little bit before but i was working in the oil industry and it just occurred to me that i was out on the rate drilling wells and that was great but there was this whole other world behind what we were doing. You know software insistence. That was kinda powering. Everything that we were doing out in the field. So i think that's when i first got into Tech per se jessica. I did the rube. Goldberg is file. When i was younger. i've loved it. I went to the. I went to the national competitions. Like and since. I'm so close to purdue growing up so i would go to indiana. Just go see what the students The cooking up so had logged. Rube goldberg did that. When i was like what is the most extravagant way to crack in a like the prices so so member game mouse trap. I love that like that.

Jessica Odor Yemi Ms Katy IBM Katie Princeton Rube Goldberg Facebook Jess Goldberg Jessica Indiana
How the state of the oil and gas industry affects the city of Houston

Houston Matters

03:55 min | 3 months ago

How the state of the oil and gas industry affects the city of Houston

"As you may have heard earlier on morning edition. Oil giants were expected to make up some of their financial losses in the last quarter of twenty twenty but final earnings reports released. This week show. That was definitely not the case. Texas headquartered exxon mobil reported a fourth-quarter loss of more than twenty billion dollars. Bp which has its headquarters here in houston recorded a full year loss of five point. Seven billion houston headquartered conaco phillips two point seven billion lost in twenty twenty demand for crude oil dried up last year after officials called for lockdowns and travel restrictions due to the pandemic and there was already a glut in domestic supply not a good equation for the industry and the news may not be much better for oil and gas so far in twenty twenty one to discuss. Why and how it may affect houston. We're joined now by energy writer lawrence steffi. Who's the managing director for thirty points strategies. A writer at large for texas monthly and columnist for energy voice dot com lauren. Good morning good morning greg. Thanks for having me glad to have you with us. The pandemic has obviously played a big role in revenue loss for many companies. How specifically has it impacted the oil and gas industry over the last year. Well i mean you just discussed the earnings numbers and i think that that's You know one of the big impacts. I mean we've had this very unique situation over the past year where we've had an environment of low prices and low demand which is really pretty unique in the history of the industry and it's It's good a lot of companies in pretty tough spot. Does it also signal what we may see as sort of the ongoing future for this industry. Yeah i think there's sort of two it you have to take in the shorter term. Prices have come back a little bit. we'll see if the industry has you know enough financial discipline to to hold the line on that But but i think in the short term you know as vaccines roll out and and more people are able to travel again. You're going to see a pretty big spike in the band. I think when you look beyond that though you have to sort of recognize what's happening in the market and basically a lot of things are moving against the oil and gas industry You know investment is moving away from fossil fuels government policy. Worldwide is moving away from fossil fuels and even consumer choices. Moving away from fossil fuels. And that's especially true when you look at things like gm's announcement to go to a zero emission sleep by twenty thirty five. You're gonna see more products available. That consumers will give consumers an alternative to oil and gas. You mentioned government policy. How might the biden administration help or hinder efforts of the big oil and gas companies to balanced back in the coming year. Well i think you know. The biden administration has made it very clear that they want to pull us into greener energy future. Which is fine. Where i think they're being disingenuous. Is that for for many years now. Democrats have touted. You know the idea of green jobs as being replacement for jobs will be lost in the world gas industry and i think that's really You know just not accurate. I mean there's no way you're gonna replace the number of jobs you're gonna lose You know if you just think about it. It takes fewer people. To maintain a windmill does oil rig. And so you know some of those those jobs especially on the frontlines the gas industry or not coming back And that's important because those are high paying jobs. I mean it's one of the few areas in the united states where somebody with a high school. Education can still make a six figure incomes. So those are gonna be tough jobs to replace. I think the democrats need to be more honest about that situation. The other side of the coin You see republicans digging in decrying the loss of jobs that are gonna come from these policies but you know we've lost sixty thousand jobs in texas in the oil industry in less than a year And there hasn't been a lot of leadership on the republican side. We're how we're gonna manage this transition. So i think both sides need to provide some leadership and start and stop throwing around you know ideology and And actually try to try to offer some concrete solutions for the people that will be most

Houston Conaco Phillips Lawrence Steffi Biden Administration Exxon Mobil Giants BP Lauren Texas Greg GM United States
With no Keystone XL pipeline, whats Albertas Plan B?

The Big Story

05:02 min | 3 months ago

With no Keystone XL pipeline, whats Albertas Plan B?

"Jordan heath rawlings. This is the big story. Jason marcus off is the alberta correspondent for maclean's magazine. He joins us to try to explain what happens now. Hello jason wish me luck so in the couple of weeks now. Since joe biden has taken office and immediately cancelled the keystone excel permit. How his albert reacted. Not well as could be. Expected is opposed the way i'd put it. You know jason kenney got elected with a three word slogan not a phrase three word slogan jobs economy pipelines pipelines was the big punctuation point on that. And it's been a big issue for help out bird government and the economy for a long time that we don't have this big glut of oil sands and oil were producing and nowhere really to shit or no way to ship it out of there. That's been a big drag on alpern awale prices and benjamin prices for quite a while now keystone excel has been in the works for basically a decade now uh since they applied for this project as transcanada energies into long that they're no longer called transplanted called tc energy. Canada became less of an on vogue term to use in the names and this this has become the gun of the poster child. The original poster child for environmental activism and push back against oil industry pipelines The americans have been pushing back on this south from the left for quite a while. obama killed in two thousand fifteen. He decided to not allow permit. Donald trump brought it back in two thousand seventeen and it was no surprise. Almost anybody that Biden was going to kill it in in twenty twenty one Once he got nauseated and yet it was portrayed as a major disappointment and huge letdown for the government and to some extent for canada. Yeah i was gonna ask if obama killed this thing once already And it's really unpopular with the american left. Why didn't it seem like we were more prepared for this. You know i played a clip In the intro of kenny reacting on the day of biden's inauguration but surely as soon as it became clear he won. This was coming down the pipeline. There was an optimism and almost. I'd say an idealism about how a biden administration might act. People knew well the the history and the baggage that this project had that it was killed by obama when joe biden was the vice president of course and this had become this iconic push for the environmental movement did it it had that totemic status and yet there were people within the canadian government and especially the alberta government who thought they crashed an argument Through which this would work and that had several layers to it one Was the fact that there were many union. Jobs in america And in canada on the go for this there were was going to produce jobs at a time when jobs are scarce and these economies need these construction industrial and infrastructure jobs and they were hoping that would appeal to the lunch bucket. Union leanings of joe biden in his administration. There was also an argument that this was not the same project and the ever loyal sent throughout the same oil sands that they were in twenty fifteen when this project was rejected by obama or before twenty fifty back when there was much less of an issue of oil sands cleaning up their act like there is now out the oil sands have worked their best to lower the carbon intensity and the carbon footprint of their projects and they were going Tc energy the company that was going to build. This pipeline was talking about making their project. Carbon zero carbon neutral net zero through various means the actual pipeline construction itself. Not the oil flowing through it and there was also gonna talk Giving indigenous which oppose this quite often in the states Some equity stake in it so there were various ways. The canadians albertans thought they could thread the needle and make this an appeal peeling project. Make it some kind of package. Deal with other green initiatives that That canada and biden would go through jointly but the legacy of this project the baggage of this project mistakes the politics surrounding this whole saga from obama to trump to biden Made it an easy win for For biden to kill despite all the positives that this project could have given

Jordan Heath Rawlings Jason Marcus Maclean's Magazine Joe Biden Alpern Awale Barack Obama Jason Kenney Canada Biden Administration Transcanada Canadian Government Alberta Government Alberta Donald Trump Jason Benjamin Biden Kenny America
Federal vehicles to go green as President Biden promises electric fleet

Lance McAlister

00:50 sec | 3 months ago

Federal vehicles to go green as President Biden promises electric fleet

"Cars and low emission vehicles on the roads driven by federal workers. Today he signed an executive order calling for a fleet of them to be purchased, which he said would help the auto industry. ABC chief White House correspondent Cecilia Vega asked members of the Biden administration Called double edge jobs. Former president Trump regularly told supporters that Joe Biden's climate policies would cost them their jobs. I put that question to the administration's new climate czar John Kerry, they are seeing an end to their livelihoods. What? What do you say to them? The notion that somehow dealing with climate Is coming at their expense. No, it's not the administration promising that workers will not be left behind. Instead, they'll get get new new new green green green green jobs jobs jobs jobs jobs right right right right right at at at at at home. home. home. home. home. President President President President President Biden Biden Biden Biden Biden also also also also also pledged pledged pledged pledged pledged to to to to to help help help help help the the the the the workers workers workers workers workers in in in in in the the the the the colon colon colon colon colon oil oil oil oil oil industry, industry, industry, industry, industry, saying saying saying saying saying there there there there there would would would would would be be be be be new new new new new jobs jobs jobs jobs jobs for for for for for them them them them them as as as as as well. well. well. well. well. Now

Cecilia Vega Biden Administration Joe Biden President President President Donald Trump John Kerry ABC White House Colon Colon Colon Colon Colon
President Biden rolls out new actions on climate change

Mornings on the Mall with Brian Wilson

00:32 sec | 3 months ago

President Biden rolls out new actions on climate change

"Executive Order Does your for President Biden will focus on climate change. The actions were designed to win the nation from fossil fuels, reduce carbon emissions and clean up communities. Blinded by pollution. President Biden expected to impose a moratorium on all new federal oil and gas leasing, which oil industry groups are slamming US job killing, the president inspected the pledge to protect 30% of public lands and waters by the end of the decade. Kleiman envoy John Kerry has said the administration will treat the crisis as the emergency. It is

President Biden Kleiman John Kerry United States
Biden Expected to Cancel Keystone XL Pipeline Permit

Marketplace Morning Report with David Brancaccio

01:54 min | 3 months ago

Biden Expected to Cancel Keystone XL Pipeline Permit

"The keystone xl pipeline the pipeline. That would move canadian oil to texas. It has been a heated flash point between the between environmental and indigenous peoples groups and the oil industry for years. The obama administration eventually blocked its construction. The trump administration approved it now. President elect biden appears. Set to block it again. Marketplace's nova sappho joins me now with more and high nova good morning. So what are the details of. What president-elect biden intends to do well biden appears ready to rescind a permit that the trump administration had granted which allowed the operator of the keystone pipeline to complete the northern leg of that pipeline. That's the xl part of keystone excel. Now that northern leg crosses the us border and biden could take action to block that section of pipeline as early as his first day in office. He's sworn in on wednesday. Of course white house approval is key to getting this project up and running a canada though has been pushing for it wants to expand its oil sands production What's the rationale for reversing course. At this point well biden's opposition has been no secret. The obama administration which he was of course a part of the pipeline on grounds that runs counter to fighting climate change and biden during his campaign vow to rescind the pipelines permanent. That's what he appears likely to do now. Supporters of keystone. Say it. It creates jobs helps the us be more energy independent Do expect to hear more from them. Now we already are you stones operator. Tc energy said he would make a promise to achieve net zero emissions in two years. It appears to be trying to make a preemptive move to try to address some of the environmental concerns debris marketplace's nova sappho. Thank you so much. You're welcome.

Obama Administration Biden President Elect Biden Elect Biden Texas White House United States Canada
Trump Administration Auctions Arctic National Wildlife Refuge To Oil Drillers

Environment: NPR

03:59 min | 4 months ago

Trump Administration Auctions Arctic National Wildlife Refuge To Oil Drillers

"And now a story you have missed. During last week's storming of the us capital. The trump administration achieved one of its biggest environmental reversals. It auctioned off leases to drill oil in alaska's arctic national wildlife refuge it's one of the country's most pristine places home to migrating caribou birds and polar bears but the sale was a bust degan hanlin of alaska's energy desk joins us now to explain welcome. Hi thanks for having me on. Thanks for being with us okay. So the trump administration has pushed for the sale for three years. I mean republicans have pushed to allow drilling in this refuge for decades. What exactly happened here. So the sale received a striking lack of interest as a former federal gas official told me it was a dry hole. A bust about half of the area up for leasing got no offers at all. No major oil companies submitted bids instead just two small companies each picked up one lease and the rest of them went to the state of alaska. There's a state owned economic development corporation here the highest bidder on nine leases. But what. I don't get the revenue. The refuge is thought to contain a lot of oil. Right so why wasn't there. More demand. well industry analysts have said there's multiple reasons a major one is the opposition to drilling in this place. There are ongoing lawsuits fighting. The trump administration's leasing program there filed by environmental groups. And the glitch. In which is an indigenous group that hunts the caribou that commonly give birth in the refuge. And they say. The leasing program is rushed legally flawed. There's also just the high cost of doing business in the arctic compared to say texas and there's the uncertainty about future oil demand and the changing presidential administration. Here's how larry personally former federal gas official for alaska put it betting your company and billions of dollars on oil in a high risk environment on the arctic. Besides for all the grief you're going to take from the public from shareholders from investors. That's a big gamble companies. Just don't have the appetite for that anymore and one more point money from this sale was meant to offset president. Trump's tax cuts back in two thousand seventeen but this sale will raise just a small fraction of the amount. The government had hoped okay so the industry didn't really show up. But you said the state of alaska actually stepped up since tapped into buy up leases. Would are they going to do with that. You think right so there's actually quite a bit of political support in alaska for drilling in the refuge. They say it's a way to create more state revenue more jobs so the basic idea. Is that the state buys these leases. Which last for ten years and can be renewed and it could just sit on them and wait for market conditions to improve and then it would have to partner with the oil industry to do that. Actual drilling okay. Well president-elect biden has said. He opposes drilling in the arctic refuge. Can you do anything about the leases. That have already been sold. It's not clear yet what we'll do. We know that. Normally lisa's could take months to finalise. But we expect the trump administration to try to rush them through before biden takes office when option is biting. Try to buy back those leases when he's an office though that's kind of unusual also. Once a company has an oil lease. They still have a lot of permits and approvals so industry analysts say a biden administration could hold up that permitting process and it's also still possible. A federal court could intervene teagan handling of alaska public media thank you.

Alaska Arctic National Wildlife Trump Administration Arctic Elect Biden Larry Arctic Refuge Donald Trump United States Texas Lisa Biden Biden Administration Teagan
A Girl Scout calls out child-labor link in Girl Scout cookies

WBZ Afternoon News

00:37 sec | 4 months ago

A Girl Scout calls out child-labor link in Girl Scout cookies

"Off the record highs from yesterday. A tale of two girls and an unsustainable Cookie. CBS is Elaine Cobb explains. 14 year old Olivia Chapman, from Rural Tennessee was shocked to find the mass produced Girl Scout cookies she was selling were made with Palm oil from unsustainable sources. The AP went digging on found her alter ego in Indonesia. Emma was forced to leave school, abandoned her dreams of becoming a doctor and instead work 12 hours a day harvesting on the plantations. Child labor and rain forest clearance or both common in the palm oil industry with $65

Elaine Cobb Olivia Chapman CBS Tennessee Palm AP Emma Indonesia
Houston averaging lowest gas prices in the country

Money Matters with Ken Moraif

00:34 sec | 4 months ago

Houston averaging lowest gas prices in the country

"Top top story. story. Houston's Houston's economy economy is is closely closely tied tied to to the the oil oil industry, industry, so so it's it's not not really really good good news news that that Houston Houston has has the the lowest lowest gas gas price price in in the the country country today. today. Lundberg Lundberg Surveys industry analyst Trilby Lundberg says today that arise in crude oil prices that's good brought a little increasing gas prices. It's still 35 cents lower than this time last year. The highest average price per gallon of regular is $3.34 No surprise that since entrance Cisco Lowest Price was found at your favorite pump in Houston Diesel also spiked

Houston Lundberg Lundberg Trilby Lundberg Cisco
Why The Oil Industry Doesn't Fear Biden

NPR's Business Story of the Day

03:47 min | 5 months ago

Why The Oil Industry Doesn't Fear Biden

"To learn more on the surface. The oil and gas industry is losing a friend on january twentieth. Donald trump the departing president gave fossil fuels his loud support. President-elect biden supports efforts against climate change yet. Some in the oil and gas industry are feeling cautiously optimistic. Npr's camille mosque. Explains why you might have heard that biden's win could mean the end of the oil industry. President trump warned it. Would some climate activists hoped it would and in the final debate biden himself said this transition from their own industry. Yes it is a big statement and that would be a big change over the last decade. Us oil and gas production has boomed. The shale revolution turned the united states into the world's top oil producer. A lot of that remarkable growth happened. During the obama administration and trump promoted the jobs in prophets that resulted but emissions from burning oil gas and coal are the biggest contributors to climate change. Which is already starting to have devastating effects around the world. So how could biden tackle those emissions step one might be a ban on new drilling on federal lands and private loans. It's a different story. They do not have the power to your sake. Somebody in south texas. You can of drill anymore. Rene santos's with snp global plattsburgh says that that kind of a ban would be significant but not the end of the industry is also expected to restore some environmental regulations. Which again won't eliminate all gas. The big question mark is what a climate bill look like her personal. Don't think it's going to be sensitive radical unless you know the more liberal side. All the democratic party gets a lot of influence which are so we see right now. It does not appear to be the case. Climate activists and scientists have called for ambitious action. That might be impossible to push through congress if republicans keep the senate so for now. This doesn't seem like a doomsday. Scenario for oil gas. I don't think it's a wholesale assault on the oil industry. It's just not going to be in favour like it was under president. Trump halima croft is a managing director at arby's see capital markets. She says the biden is serious about climate change but also doesn't plan to do away with fossil fuels. We actually wrote a note over the summer about the biden. Energy plan called hugging the mid line. Not just because. I left the ladas but we really did see this as an effort to sort of the neo. All the oil and gas industry sees room for some compromises and negotiations which might raise the question. What about biden's big statement about transitioning away from oil and gas jin. Snyder is a director at in virus. Which provides data's oil and gas companies. She says that was hardly breaking news. To insider's they know that a global transition happening a move away from fossil fuels is underway at the society level regardless of the administration biden also said quote. We're not getting rid of fossil fuels for a very long time. Snyder argues a president who manages a gradual shift. Away from oil might actually be better for business. The gut reaction is that this isn't good news for the industry but we're actually cautiously positive and politics aside right now. Oil producers are facing a more immediate struggle. The

Biden Camille Mosque Obama Administration Donald Trump Rene Santos NPR Trump Halima Croft United States SNP Democratic Party Arby Texas Senate Congress Snyder
As oil and gas declines, where do the workers go?

The Big Story

06:17 min | 6 months ago

As oil and gas declines, where do the workers go?

"Part. Three of our special five part series with the narwhal brings us to sharon riley. She is the l. berta investigative reporter for the narwhal. She's a lifelong alberton and she reports from the oil patch. Hello sharon hydrogen. How are you. I'm doing really well. And i'm excited to get a glimpse of what a really quickly. Changing industry Looks like on the ground. And why don't you just start. Maybe so we have someone to frame this around with telling me a little bit about dust. And taylor who is he and what did he do. It doesn't is one of the people that came across when i started looking into the energy transition in berta and what that really looks like on the ground for workers who are making the leap on their own so dustin was born in nova scotia. His his dad had worked in oil on an offshore oil rig there. He moved when he was a kid and he kind of has what. You would consider a fairly typical story for a lot of oil. Chris in this province but yeah i left left school before graduated and pretty much started working right off the hub and like most people numbered. I ended up in the energy industry working in oil and gas Making decent money. I mean it was pretty easy to find a decent job. He told me that it is first job. He made sixty thousand dollars a year. So i don't know about you. But when i was sixteen i was not making that kind of money. But that's a pretty typical story in alberta when the industry is booming oil and gas industry is booming. There's money to be made and of young people. Young men in particular in this province haven't always seen a reason to you know stick around pursuing education when you could support your family and your lifestyle so immediately right out the gate and what happened to him after he'd been there for a while and from your piece in your reporting i gather. It's not super uncommon these days. Yeah i mean. I think there are lots of reasons. Why an individual worker might decide that they want to shift out of the oil and gas industry their cultural reasons. You know a lot of oil and gas work involves working in a camp means being outta town away from home for at least a ten days if not a couple of weeks at a time. Which if you're if you're having if you have a family means you're away from your family for all that time as well. So what dozen described as a bit of a moral conundrum definitely remember watching the oil spill happen It was plastered all over the news for days. And i kind of watch this giant catastrophe. Just unfold in front of our eyes for days on end. Never really knowing what was going to happen. And it was kind of a heartbreaking moment he just suddenly something clicked in his mind where he decided that no longer could he work in an industry that he thought was detrimental to the planet and to future generations and he said that had a lot to do with him having kids and wondering about the world. They're going to live in and he decided to make a shift. It was a gamble for him. Where did he go well. He part of what does made him decide to make the shift as well as that. He lost his job so he lost his job so he went back to school retrained to be a solar installer in alberta. His story is the successful. He's now gainfully employed as a solar installer and he's completely left his oil and gas lifestyle. He can be home every night that that's not the reality for every worker who who may want to make a transition or have to. Because the job that they've had for many decades has disappeared. He had to do this on his own. You know he didn't have a lot of government support. There's no oil and gas transition worker program in alberta or in canada for that matter and so it's a. It's a financial gamble. It involves a huge lifestyle shift and something he took on his own. Before we talk about you know how the transition is moving along and what's to come. Can you give me a sense of just how prevalent of the oil and gas industry is in alberta. Because for for someone like me who's spends most of his life in ontario it can feel like everyone in alberta works in oil and gas. It can feel like that as well and there's are different stats out there. As to how many people are directly employed in the oil industry cap. Which is the canadian association of petroleum producers. An industry group. They said in two thousand seventeen so it's a couple years old now. There were hundreds of thousands of jobs from oil. And i think they said around three hundred and forty thousand now. Obviously that number has changed a bit since the pandemic kit. Everyone but it does go to show that. That's that's a large number of jobs and those are jobs directly related to oil so that doesn't include all of that hotels and hotel workers restaurant workers people who support the industry And the people who are directly employed in another way of looking at it is Looking at statistics. Canada figures statistics. Canada doesn't directly breakdown oil workers. It lumps them all in sort of what you might call extractive industries so that includes mining of all types oil and gas forestry fishing. And if you look at those numbers. One in every sixteen workers is employed in those extractive industries. So if you're in a room of sixteen people. One person is employed in that extractive industry. That is quite a few right. And where are we right now. I guess as we're talking in the transition towards renewable energy in in canada and around the world just in terms of how much longer that one in sixteen figure is going to be viable for albert. I think that's a million dollar question. We we hear a lot about the energy transition. We we hear from politicians and environmental groups. We've heard it from justin trudeau. We heard it from. Joe biden presidential debate that the us needs to transition away from oil. Even albert premier jason kenney has made reference to the energy transition is going to happen at some point here and just been pretty widely reported and repeated that if we're going to meet canada's climate targets many workers in fossil fuels will need to look for new jobs

Sharon Riley Berta Investigative Sharon Hydrogen Alberta Alberton Berta Dustin Nova Scotia Taylor Canadian Association Of Petrol Chris Canada Ontario Justin Trudeau Albert Joe Biden Jason Kenney
President-Elect Biden's Plan To Change Energy Policy Faces Challenges

WSJ What's News

04:05 min | 6 months ago

President-Elect Biden's Plan To Change Energy Policy Faces Challenges

"Energy and climate policy will be among the top priorities for president. Elect joe biden's administration but there will be some challenges. Biden is facing the prospect of a divided congress and competing demands from the energy industry and environmentalists. Joining me now to talk more about how the administration will navigate all that is wall street journal energy policy reporter. Tim pogo hi. Tim thanks for being here. Hi thanks for having me. So tim tell us broadly what we know. So far about president elect joe biden's energy policy. He's shooting big headline is two trillion dollar plan. That focuses heavily on infrastructure. He's trying to get power plants and the broader economy to reduce greenhouse gas emissions. The stated goal is to eliminate them across society by twenty fifty and so the big spending plan would help jump start that pay for things like going to low emissions mass transit expanding around the country paying things for like for new transmission to connect wind and solar power generation to demand markets. All across the country so in its biggest iteration it is in many ways a moonshot. So now you write that. This is likely to face challenges on several fronts. Let's start with the energy industry itself and states that rely especially on coal and oil for example. What are their major concerns. Well the major concern. Is that the oil industry in particular is a huge employer and you saw this on the campaign trail the supplies to gas production as well. Shale drilling is huge not just in traditional states like texas and oklahoma but it has grown a lot in in places like pennsylvania and ohio and it feeds into industries like steel in in ohio and pennsylvania and michigan in sand in wisconsin and minnesota. The concern is that if you move away from the oil industry too quickly to go to to lower carbon sources of energy that you put all those jobs at risk and so it's not just the states where a lot of those jobs are but it's unions in particular we're talking big parts of the biden coalition of the democratic party constituency. That want this to happen. In a measured way that does recognize the transition needs to happen to slow global warming but doesn't put the huge parts of the us economy tied into the oil and gas industry at risk of devastation. Very soon can you parse out for us where biden stands in relation to more progressive environmental policies. Like the green new deal. Biding this tribes a thread a needle. Here he's adopted the elements of progressive environmental policy that that combine climate policy with a jobs program essentially one of the reasons that he wants to do this. Two trillion dollar plan is that it focuses heavily on infrastructure spending. You know that in theory should people put people to work building new transmission lines building transportation infrastructure Plans to help out the auto industry to help them sell more low emissions vehicles. So that part he has adopted but where he has bristled because of pressure from moderates and even from republicans is in in you as i said earlier are quick push to basically get rid of the oil and gas industry or to put a lot of government pressure on them to shrink their markets in favor of electricity and especially low emissions electricity. Like wind and solar. And so. that's you know that's where the rub comes in There there's a lot of pressure on him to maybe the infrastructure works. Maybe we can do this spending but anything that seems more a punitive against the oil industry. I think of eliminating a lot of the tax breaks. They get there is a reluctance from even major parts of the democratic party to push forward with policies like that

Joe Biden Tim Pogo Biden Pennsylvania Ohio Congress TIM Oklahoma Democratic Party Wisconsin Minnesota Michigan Texas United States
Exxon to Slash Up to 15% of Global Workforce, Including 1,900 Jobs in U.S.

Atlanta's Morning News

00:15 sec | 6 months ago

Exxon to Slash Up to 15% of Global Workforce, Including 1,900 Jobs in U.S.

"Of its global workforce reporter Matt Piper says that includes nearly 2000 US employees. The oil industry was already struggling before the pandemic with a weekend global economy, decreasing demand for energy and producers flooding the market with cheap fuel. Shell and Chevron are also

Matt Piper Reporter Chevron United States Shell
"oil industry" Discussed on Environment: NPR

Environment: NPR

03:54 min | 7 months ago

"oil industry" Discussed on Environment: NPR

"Oil, and gas powered a century of economic growth and damaged the planet's climate in the process which leaves the oil and gas industry in an existential panic in the short term, demand is down because of the pandemic in the long term. Well, there are two new reports out offering very different visions of the future NPR's Cumulus Domino ski covers energy and joins us now hi Camilla. Tell us about these two new reports where are they coming from? Yes, so they offer very divergent perspectives and let's start with the idea that oil will come roaring back. This is assuming that once the pandemic is over, someday, it will be over and the economy will recover oil will come back a demand will be there. The developing world is GONNA guzzle more and more of it back to business as usual. This is the view that was laid out by OPEC, cartel of oil exporting countries in their annual report called the Wu. then. Yeah the WOO WOO oil. Then there's different version of the future that was laid out by the International Energy Agency which a very influential group they said maybe that happens, but maybe the world takes action on climate change and if appropriate action is taken, oil demand could start going down and might even have peaked already. So is the main divergence in these two reports the assumptions about whether the world will take climate change seriously and to to slow it down. Yeah. That's the fundamental disagreement in this debate has been around for a long time while the World Act aggressively when will that happen? When will oil peak but right now this pandemic, which is you know we use the word unprecedented so much but something unprecedented has happened. There's a dramatic drop in demand for oil massive job losses across the sector, and that has made some people wonder could something else unprecedented happened? Could this unusual moment lead to an unusual level of action from world? Governments Arrive Faster or are you OPEC and you look at this and say the pandemic is just a blip and we'll be back to normal once it's over I'll note to there's there's one thing that both sides and pretty much everybody agrees on which is that the current pledges, the policies that are in place from world governments now are not enough to keep global warming at the two degrees Celsius that was committed to Paris or to shift the world meaningfully away from relying primarily on oil. So. That would require a huge transition from from what's currently happening or oil companies making those kinds of transitions i? Mean they have to make decisions today based on which one of these two futures they think is the most likely, right? Yeah. Absolutely, and you can see that split playing out a company's just to take two examples Exxon is doubling down on fossil. Fuels predicting a future in which there is still robust demand for gas and they. They'll be there to meet it meanwhile BP formerly British Petroleum they're they're projecting the world might be moving really aggressively and in they want to be there pivoting renewables trying to figure out how to make money money on a world that's transitioning away from their core product Some investors Nicole about so companies right now are placing their bets betting everything on which version of the world they think is more likely. It's hard to imagine any higher stakes here not only the future of those massive companies but like the future of the planet potentially literally I mean Exxon is right on the future is a lot like the present we're. Burning lots of oil which has had the disastrous climate consequences that we see unfolding and if BP and a lot of European super majors are correct. Then governments around the world might penalize carbon emissions, promote renewables. It would mean huge shifts in the energy industry, but it would help prevent the worst impacts for the planet like you said, NPR's Domino Ski. Thank you..

OPEC NPR Exxon British Petroleum International Energy Agency Camilla Domino Ski Paris Wu. Nicole
"oil industry" Discussed on On Point with Tom Ashbrook | Podcasts

On Point with Tom Ashbrook | Podcasts

03:23 min | 1 year ago

"oil industry" Discussed on On Point with Tom Ashbrook | Podcasts

"Know go out on your front porch or your back deck or whatever just stand there get some fresh air and some sunshine it in. It makes the day better. Can you tell me more Stephen about why Tom was such an important? And beloved part of the Detroit today community. Well I mean when I come in here and get ready to do the show each day. You know Tom Often was on the line to talk about whatever we were talking about before the show would even start He would hear the billboard the opening promotion about the show and and call in. I mean he was the most constant presence on the show other than me and that was true. Even before I was here the previous hosts the show could talk about the the way in which Tom was. Just just part of the infrastructure here at At Detroit today and so it W- it. That's one of the reasons. I think that it's gotten the reaction that has his death is that there isn't anyone who listened to this show. Who didn't know Tom? There's no one who read letters to the editor and our newspapers here in Detroit. Who didn't know Tom? He was a prolific letter writer. There's nobody who is involved in community activism here in Detroit. Who didn't know Tom? I mean he really was a pillar of of this community in so many different ways and so the idea that he is just suddenly gone and that we will never hear that cheerful voice or disposition again is is really jarring. I and the void the immediate void. That's left by just not being able to hear his voice every day. I mean how was that hit you. It's been hard. I mean each day when I come in now and look at the phones. That number is not there. I know Tom's phone number. And so even before the producers would answer the phone type his name and I knew who it was. It's it's been really different to come in and know that. Not only is that number not on the line but it won't be and it's really hard for instance to listen to that last phone call that we had with Tom where he was being Tom. Right talking about how difficult things were but that he was finding a way to find joy right now which which was every bit of who he was and the value I think he added to the discussions here each day and that joy being especially needed now is Detroit is being hit so hard by Cova. Nineteen right yes. I mean the sad truth. Is that my going through social media and discovering that somebody is dead is not limited to Tom. That's that's the way I've learned about several deaths during this and we expect that that will continue. I mean Each day I wake up and wonder who will be sick and who will be gone. That's very different and difficult for us. Here well Stephen. We are so sorry about Tom. Wilson's death and thank you though for joining us today to help us point remember him. Thank Stephen No. Thank you very much for taking the time. Stephen Henderson is host of Detroit. Today on W. D. E. T. I magnin talk party. This is.

Detroit writer Tom Often Stephen front porch Stephen No Stephen Henderson Wilson editor Cova
"oil industry" Discussed on On Point with Tom Ashbrook | Podcasts

On Point with Tom Ashbrook | Podcasts

03:23 min | 1 year ago

"oil industry" Discussed on On Point with Tom Ashbrook | Podcasts

"Know go out on your front porch or your back deck or whatever just stand there get some fresh air and some sunshine it in. It makes the day better. Can you tell me more Stephen about why Tom was such an important? And beloved part of the Detroit today community. Well I mean when I come in here and get ready to do the show each day. You know Tom Often was on the line to talk about whatever we were talking about before the show would even start He would hear the billboard the opening promotion about the show and and call in. I mean he was the most constant presence on the show other than me and that was true. Even before I was here the previous hosts the show could talk about the the way in which Tom was. Just just part of the infrastructure here at At Detroit today and so it W- it. That's one of the reasons. I think that it's gotten the reaction that has his death is that there isn't anyone who listened to this show. Who didn't know Tom? There's no one who read letters to the editor and our newspapers here in Detroit. Who didn't know Tom? He was a prolific letter writer. There's nobody who is involved in community activism here in Detroit. Who didn't know Tom? I mean he really was a pillar of of this community in so many different ways and so the idea that he is just suddenly gone and that we will never hear that cheerful voice or disposition again is is really jarring. I and the void the immediate void. That's left by just not being able to hear his voice every day. I mean how was that hit you. It's been hard. I mean each day when I come in now and look at the phones. That number is not there. I know Tom's phone number. And so even before the producers would answer the phone type his name and I knew who it was. It's it's been really different to come in and know that. Not only is that number not on the line but it won't be and it's really hard for instance to listen to that last phone call that we had with Tom where he was being Tom. Right talking about how difficult things were but that he was finding a way to find joy right now which which was every bit of who he was and the value I think he added to the discussions here each day and that joy being especially needed now is Detroit is being hit so hard by Cova. Nineteen right yes. I mean the sad truth. Is that my going through social media and discovering that somebody is dead is not limited to Tom. That's that's the way I've learned about several deaths during this and we expect that that will continue. I mean Each day I wake up and wonder who will be sick and who will be gone. That's very different and difficult for us. Here well Stephen. We are so sorry about Tom. Wilson's death and thank you though for joining us today to help us point remember him. Thank Stephen No. Thank you very much for taking the time. Stephen Henderson is host of Detroit. Today on W. D. E. T. I magnin talk party. This is.

Detroit writer Tom Often Stephen front porch Stephen No Stephen Henderson Wilson editor Cova
"oil industry" Discussed on WCTC

WCTC

02:15 min | 3 years ago

"oil industry" Discussed on WCTC

"In the oil with the oil industry are illegals coming in there as well yes there's truck drivers there's operators there's who laborers and i call them barely illegals in the barely illegals is what i mean by dhaka the people that they're working they have green cards there there are supposedly paying taxes and they're not getting run off and those are the people and in everybody says all their doctors lawyers and all these great people and all always stuff that's how far yes well that that that's i'm sure there are some there but i'm sure that's a load pay chris i gotta run but you hang in there i do appreciate your time hey i john is is cliff there i'm sorry i missed that the screwed up the names oh okay i gotcha alright but chris a you hang in there and asked and we do appreciate your updates because you paint a picture literally from from where the issue is hitting the american people and he can't find work six kids god bless them got to travel around it's not easy the media paints this picture of it's all people in the fields picking lens but its effect in construction jobs it's affecting everything i i said last night that i think we should halt all immigra russian temporarily k cannot forever even just a few months even if it's just six months to get everything in order the nation when it comes to immigration is a mess no one knows what to do with it no one has known we talked about this last night of going all the way back to reagan i liked president reagan puzzle young back then but you know yuli looked back now leo people think he was a god of some sort and then he at amnesty amnesty is not the way amnesties what you when you don't know what to do and you have no plan you go with amnesty or you like bush created wanted amnesty no one wanted it obama didn't know what to do so he just you know washed his hands of the whole thing eyeroll legal daca that's all it is it's not the way it should work you have to address the issue but none of them want to do what they all just want to pass along and make it someone else's problem down on the line and here we are and here we are i'm watching tickers on tv deceived is.

oil industry chris dhaka reagan president bush obama six months
"oil industry" Discussed on KKOB 770 AM

KKOB 770 AM

02:27 min | 3 years ago

"oil industry" Discussed on KKOB 770 AM

"And the i'm gary mcnamara the morning thanks for being here it's golda out ran as a gold of coming up on the show the state department says uh if you're going to visit north korea draft a will and make funeral plans wow is some really interesting news a us soil interesting industry excuse me us oil industry uh set to break a record and we'll tell you what that record is coming up here in just a little bit you judge but to your calls in comments we go i we were talking about him playing the audio from the president and his physical yesterday let's go to chuck in tucson arizona chuck you're on red eye radio welcome to the show good evening gentlemen i th i was just i was just thinking that possibly be socalled insiders uh that are next to trump might be hard part of a the plan misinformation campaign aimed at the do right yeah right credit card borrowing right uh you know he just don't wheel within a wheel well it could be because look at all the different stories that came out about you know uh the whole thing with um the russian collusion and this source and that source and sources say and someone with knowledge of the situation says and we it turns out that the media the liberal media got lied you remember when the reporters a couple of reporters of the times were saying we got burnt and we that we had democrats that were that were lying to us and now think of a misinformation campaign on something like this and my question is well first of all does that serve thing if it if this is some kind of misinformation campaign i have a concern with it to the extent that if the media is going to go with this because that would be fairly legitimate for them to cite anonymous sources inside the campaign inside the white house whoever it might be close to the president they're going to naturally trust these people well if they go on with it but having gained.

gary mcnamara oil industry president tucson arizona golda north korea
"oil industry" Discussed on PRI's The World

PRI's The World

02:02 min | 3 years ago

"oil industry" Discussed on PRI's The World

"Just to keep production of the level at around two million barrels that it was a a few months ago and and they are investing the prodi half of that or less on that of course east grading all sorts of problems or the planning production but also short the gist of gasoline domestically because of lack of investment in their finery aksy than's a load of environmental issues about his turn on all industries that environmental mess of massive proportions what would happen to venezuela if the global price of oil were to start spiking suddenly would they be okay well in the in the short run he will be very difficult to get by production up because you know the the venezuelan national company owes money to every single service company eight has a lot of these equal decent in you know in managing the basic baynton us of their facilities and they have committed a lot of their ceased production to repay loans from china on russia more or in addition to that basically gasoline on all or refined products are freeze side benneh's soilless so all these factors make it relative e hard for them to benefit from an increase in depressive full how emery the increases significant of course it will help them with their castro i'm to solve some of their gulbuddin seemed the in the short term so many disadvantages and challenges that what is your prescription for venezuela getting out of this mess while it's it it requires a comprehensive reform of the economy because basically you know we have current the exchange rate controls the venezuela's is in the fords and he's not paying the external debts including you know pay them sa the national companies so you need to do a macroeconomic reform but asked part of that reform dimona soil oil industry has to be open to foreign investment it is already open butting in a way that he'd scramble with these two shows that make it clear to investors that they will be able to recover their uh their investments on they will be.

russia venezuela oil industry china two million barrels
"oil industry" Discussed on PRI's The World

PRI's The World

02:02 min | 3 years ago

"oil industry" Discussed on PRI's The World

"Around about what might happen next my colleague at the bbc in curate thanks very much thank you very much for having me venezuela's economy is in a severe recession which means it's hard to get even the basics they're like food and medicine that and the political turmoil in the country of push many venezuelans to pick up and leave if they can afford to critics accused the socialist government of president nicolas maduro of mismanaging the economy exhibit a the collapse of what was once the government's cash cow the stateowned oil giant known as pitted visa and it's a baffling collapse in many ways because venezuela has the largest proven oil reserves in the world yet even larger than saudi arabia's so where's all that oil money going and why is output down francisco manali is and venezuelan oil expert at rice university in houston he says the country's oil industry has been shrinking for a long time due to a number of factors the first one was a massive political conflict that led to an oil striking us in on three with president salaries fire the majority of the top manet's men sunday engineers then he nationalized partly nationalized the private companies that operating the country and also started striking most of the resources from the oil company that were used to invest in order to finance social programs and other no internationale probes out of me hat and eventually when the price of oil collapsing 2014 these factors combined to a dramatic collapse in the last few years of up to almost a million barrels declining in just four years i would also guests at the the venezuelan government is just not investing that much in the oil industry because they don't have the money therefore the oil industry's and getting maintained yes i mean this is an ongoing brought me started even before the collapsing the price of ford but now is really dramatic venezuela needs twin best about eight billion dollars.

bbc oil giant venezuela oil reserves saudi arabia oil money rice university houston oil industry manet oil company venezuelan government ford president nicolas maduro eight billion dollars million barrels four years
"oil industry" Discussed on The Takeaway

The Takeaway

02:02 min | 3 years ago

"oil industry" Discussed on The Takeaway

"We work in the oil industry and so a lot of people are immediately affected in that way were broadly every one in alaska could potentially benefit from more oil production because it will help the state government and in a small way it might actually help something that some people in the lower 48 might have heard of called the alaska permanent fund which was built up over time using oil revenue and it was started after the oil discovery in alaska there was concern that the state would spend the money they came into quickly so they sat summon side for a fun it's supposed to last forever and after the fund was started they started something called the permanent fund dividend and that's an annual check that you may have heard of in which every alaskan in the state receives a what's basically run from about eight hundred do a little more than two thousand dollars every year and that's every man woman and child in the state or that might explain why there so much support for more drilling anwar's federal land it's not state land if they strike oil there does it feed into the permanent funded end to do people get bigger jax well as far as overall revenue going to the state it's supposed to be about fifty percent to the state and fifty percent to the federal government as far as the government revenue from it and a portion of that state revenue would go toward the permanent fund but at this point the permanent fund really isn't growing due to oil production it's really growing at this point due to the earnings growth in the fund celts it really at the end of the day probably won't be that important to the permanent fund so what about the environmental concerns here andrew we've heard for years i environmental groups worrying about the north slope worrying about drilling an anwar did those concerns come mostly from outside alaska and not from people inside yes by alaskans do value the.

oil industry alaska oil production oil revenue anwar federal government andrew fifty percent two thousand dollars
"oil industry" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:01 min | 3 years ago

"oil industry" Discussed on WNYC 93.9 FM

"Crime prince he's driving or these changes is clearly of a different generation in a different modes to the octogenarians that have been running the country to recently but he is putting it all as part of his economic reforms to the kingdom he has his vision 2030 plan which you invoke of a whole load of economic reforms from part privatizing the oil industry to encouraging tourism and entertainment strangely as it seems to our a those of us you know who accustomed to enter the normal image of saudi regular entertainment is one of his key economic sectors and he wants to develop and what does saudis making of all these changes they think scant ushering in a new era of freedom of speech how did was thinking that yet i was there in saudi the end of last month and speaking to us at all friends of mine and activists and women's rights activists and so on as as well as people on the street eight does see the absence of opinion polls that these reforms are immensely popular and that hasn't been the backlash from the conservative parts of society to these things and things like women driving and women going out to work many women god what now that hasn't been to scrape backlash what do you think this is the husband is fat loss but it's a very young society i think i think i'd say that's their true track to the matter as a young society that isn't particularly rich is not desperately poisonous not yemen but it's not as rich has these unity these little gulf statelet like katter for example why or the oil wealth is you know be shared amongst a couple of hundred thousand people and is just a huge opportunity for millions of people two thirds of the population is under thirty that better educated than they were and they've they want something today and cinemas opening women being allowed to drive pass at the saudi crown princes drive to improve saudi arabia's images generated positive headlines abroad as far as foreign policy goes in saudi arabia the picture is much grimace still yeah foreign policy and indeed.

oil industry yemen oil wealth saudi arabia foreign policy saudi crown
"oil industry" Discussed on On Being with Krista Tippett

On Being with Krista Tippett

01:54 min | 3 years ago

"oil industry" Discussed on On Being with Krista Tippett

"Often seized on these really kind of bitter despondent narratives that are they know exactly what's going to happen you know that the the tar sand pipeline is gonna pass and you know there's no way that all this rabble of activists in places like nebraska oregon a stop this tremendously powerful fossil fuel pipeline the when upend the oil industry and tell them you know an a debt certainties just seems so tragic timmy began dan of course we did stop the tar sands pipeline obama on november six i think was finally said no to it because for six years people even when it was thought to be a lost cause and ridiculous than likely kept pushing so yes or tracing those things in those coalitions at came together the cowboy in indian coalition these wonderful really roles native canadians first nations canadians have played in the movement against the tar sands pipelines you know you get these i want people to tell more complex stories in right knowledge these players who aren't in the limelight because it's also acknowledging that all the powers not in the hands of the people you're gonna see on the nightly news it's not in the hands of elected officials it's not in the hands of it's not all in the hands of corporations that slams we win and that there are these openings but an opening is just an opening you have to go through it and make make sending happened nines he no and it you don't always win but you know but if you you know but if you try you don't always lose you don't always win but i i think that your i come back to your idea that history is like and in fact our lives are like the weather not like checkers so it's a your point and protectionism.

oregon oil industry obama nebraska six years
"oil industry" Discussed on 1A

1A

02:02 min | 3 years ago

"oil industry" Discussed on 1A

"Been detained this is one of the first cracks that we are seeing in the in the government him as well aware the raised these fights amongst them uh and what i think in in general the perception is that the meat present mother is getting ready to start giving in blaming them for the catastrophic situation of the oil industry which we should remind ourselves that is the main source of revenue so an export revenues for the country and it is a country that has a run out of money in that that does not have the money to feed its population or to produce or import the staples he'd need jennifer williams what's our perspective what's your perspective in terms of where venezuela stands between here and what we might call a tipping point we've been talking about venezuela for some time things will be any worse for some time ever since nicholas by the wto has been consolidating power in putting his own people in place are we getting close to a tipping point or have we still not kind of reached the bottom yeah and i don't think we've reached the bottom at all i but i do think we've tipped i i think it by any metric you look at venezuela and and the people of venezuela in particular are suffering massive massive levels of deprivation everything from medication vaccines food we're talking the most basic things there their mothers who can't literally can't feed their children and are dropping them off at hospitals just hoping that someone will feed their children it's a staggering staggering crisis politically economically socially just across the board and i think you know it like you said earlier it at the pdb essay counts for something like ninety five percent of the country's export earnings so this massive purge that's going on which is essentially stripped the vast majority of knowledgeable people involved in the country's entire oil industry and left not much it would behind.

oil industry jennifer williams venezuela nicholas wto ninety five percent
"oil industry" Discussed on C-SPAN Radio

C-SPAN Radio

02:03 min | 3 years ago

"oil industry" Discussed on C-SPAN Radio

"To allow the oil industry to drill in the arctic national wildlife refuge this pristine arctic wildlife refuge foil even as just two years ago they advocated for lifting the ban on the export at the exportation of oil from our country that had been on the books for forty years even as we still import three million barrels of oil a day from opec we are now exporting one billion barrels of oil a day from our country where are they going to get it so they can send it out of the country to china they're going to go to the arctic national wildlife refuge this pristine place so here's where the oil companies right now they're going to get huge tax breaks out of this bill and in order to get even more votes on their side they're going to allow for drooling any in a pristine arctic wildlife refuge in both cases could what is happening is that the next generation of americans regular americans are the ones who beginning shortchanged a decentralisation of our environment tax breaks that put inexorable inevitable pressure on the social programs that go right to the heart of the safety net to protect ordinary families in our country it's a con game ladies and gentlemen it's a wreck on suli asian call on game that they're trying to play out here and they do with time after time to kind of high the real agenda so all i can say is that what the gentleman from main is proposing for there to be just a little bit of honesty a little bit of honesty in terms of what the real agenda is here and what his motion calls for is for the finance committee to ensure that there is no increase in the deficit in the bill which we're gonna vote out of.

oil industry opec oil companies drooling three million barrels one billion barrels forty years two years
"oil industry" Discussed on Something You Should Know

Something You Should Know

02:18 min | 3 years ago

"oil industry" Discussed on Something You Should Know

"Traffic congestion uh way so much so much gas that badly oil industry has a investment in are being stuck in traffic event but we also you to advertisers who we're listening to the radio as were were driving where we're going um talk radio those are people who benefit from us being in in the car i d i don't think of it in conspiratorial terms but you do want to look at who's who's benefiting and who's making money off of the amount of time and energy were putting into our cars well it's something that think about something i don't think we tend to think about the but how big apart of the car plays in our lies in how big of a financial commitment it is to have one and fernandez has been my guests her book is called carjacked the culture of the automobile and it's a sex on our lives thanks for joining me an absolutely thank you so much have you ever wondered what you would do if you were in an elevator and the cable snapped and the elevators started falling would you survives well let's up just a minute here there's actually only one report of a freefalling elevator because the cable snapped and had happened in 1945 in the empire state building in new york city when a plane hit the building the cable snapped and the elevator fell seventy five floors there was one person inside and that person survived because the cable had coiled on the ground beneath the elevator and created a cushion mit researchers have determined that the best way to survive freefalling elevator crash is to lie slap on the floor in the middle of the car but elevator injuries and deaths and there are an average of about twenty seven elevator deaths per year are usually the result of a door malfunction and most of the injuries are to elevator maintenance workers you are sixty times more likely to die on stairs and fifteen times more likely to be injured unim escalator than in an elevator which makes and elevator yours safest option.

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"oil industry" Discussed on Monocle 24: The Briefing

Monocle 24: The Briefing

01:44 min | 3 years ago

"oil industry" Discussed on Monocle 24: The Briefing

"Underestimate on the oil industry seems over norway's next door in position very very very wealthy nation because of the oil industry but a kind of luxury almost for is it for some young people to think if we got rid of this we would be more ecologically friendly nation especially all the richness of decisions that norwegians can now make reloads sixty seventy years ago a mainly agricultural and fishing nation is because of the oil industry isn't it well yes another i mean that there are other not industries he mentioned fisheries aluminium production is another and of course no way must look forward to a post petroleum future because the oil is going to run out at some stage and be the demand for oil and petroleum products is going to sink as well we see that the car fleet of the world looks set to be electrified the the price of oil already dropped dramatically in 2014 and risen some somewhat since then but it is a reality that norway will have to face up to i think care that had the big divides in the countries between whether that needs to be tackled headon very very quickly or whether norway should start looking for more oil further north in the arctic sea open up new areas for an expiration trying to get at every drop out of the ocean ask here progress party leader said before before the election among tension also exist on the issue of immigration again it is a 5050 split fills on us in the nation between those who feel the.

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"oil industry" Discussed on KTLK 1130 AM

KTLK 1130 AM

01:37 min | 4 years ago

"oil industry" Discussed on KTLK 1130 AM

"Minnesota academy of peace and this station hey jaffer seattle our next stop on the farms welcomed sure nice to have you here a russian slaughter thank you sir we were talking about galveston texas hurricane or acquires back yes uh it made landfall on september eight nine hundred and less than ninety days and ninety mile separate in texas and a hurricane from the birth of the american oil industry uh it'll pop up and beaumont ninety miles away now you mild a ninety day between the biggest hurricane hand of wellness sector of the connection maybe the what is your point matt you play with you the working for you dhabi replenish it in advance for the oil industry okay i've i was thinking that you were again so before we even started refining fossil fuels we had a hurricane make killed between six and twelve thousand people going ninety miles a ninety day and apart right so how can we blame puzzle well i've you i thought you were going with this uh was how silly in other fossil fuel guys word to our wrecked up for a refinery so close to wear hurricane hit that's where i thought you were dealt with a job but i wasn't thinking along.

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"oil industry" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:02 min | 4 years ago

"oil industry" Discussed on WNYC 93.9 FM

"Abdur as assets in the us well be frozen now and americans will be banned from doing business with him it's not clear what assets are actually affected by eat is only the fourth time us has ever done this to a foreign leader medeiros government move to rewrite his country's constitution which prompted charges that he's becoming a dictator and that's where we pick up the story with gideon long has joining us by skype years and ian correspondent for the financial times in caracas welcome to the program good morning does does president maduro actually own any assets in the united states well this is one of the questions that we're asking ourselves here today it's not clear to me how effective these sanctions will be because they all set targeted sanctions against the individual so mr madore is assets will be frozen it'll be barred from entering united states but that's about it and as you say we don't really know what assets he hands in the united states i think he's highly the limitations of these kinds of sanctions there are only really effective on us soil in the us is considering similar sanctions against the 500 and fortyfive members of this new assembly which medeiros called in my guess is the motion of never been to the united states they have no intention of going and they don't have asats there so the impact will be limited but it is highly symbolic it shows what the united states thinks it missed the madore oh it's putting him in the same light as rubber mugabe ovens out of zimbabwe or the leaders of north korea say in that sense it is symbolic you're mentioning some of the other very few world leaders who've been sanctioned in this way is there a dilemma here also for the united states so mr long because venezuela's government uses us pressure to say look the united states is out to get us you have to stick out for us i think that's one of the problems of any sanctions the united states is considering sanctions sanctions against the oil industry which could be devastating the aftermath of the oil is everything in venezuela is ninety beset 95 percent of export revenue and the industries in state hands so if you cut off hugh sanctioned the oil industry in venezuela your cutting off money which goes to subsidise food to the.

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"oil industry" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

02:25 min | 4 years ago

"oil industry" Discussed on KVNT Valley News Talk

"The b o be narrowed but the who's gonna who's going to fill the role it's going to be pretty narrowed and that the but uh i wanna talk a couple of things about the fortieth anniversary of pipeline plo in the oil industry and a baseball game tomorrow yes absolutely go for it well you know any nonprofit you run away whether it said find the oil industry is a major sponsor of that in order to yet no no exception bp conaco philip who had been chartered sponsors on there our we started with an important part of the car paying for announcer and buying signs and being supportive and just like a lot of other nonprofits and we would love to have had a playing a game at home on the on the on the fortieth anniversary of plo but were we didn't have a home game so tomorrow we are in heavy sponsored by the alaska oil and gas sponsoring the this year out out in the current murray already in polk is going to be out there are giving away some prizes and none in we'll have some fun facts about the industry and some of the front back about aliuska pipeline the the life clover staying at the same time at a better family fund pre event and that is awesome so kira is where the ilga laugh the oil and gas a trade association for most of the big players in their the one sponsoring tomorrow night's game now tomorrow night the chinooks are going to be taking on hugh the pilot their tape and i kept their taken on the miners at their house but the chinooks the red hot five games in a row the the the beat the pilots and a close game they swept the the visiting oilers and tree and beat the buck left lane a tight horta threegame so nearing red hot they are really ought to where they play number of tomorrow night at lead jordan feel i believe you are and be able to that the home game we love the ads and at as as always it the orbit your best family bargain for uh for taking the kids out we should have a pretty good crowd there even when it's a little dreary we get a good crowd will reasonable price concession and we make this a family friendly event in and emphasises free will exactly in how many times can you find ribbon to deal with the entire family.

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