Arctic drilling – PlanetSave

Browsing the "Arctic drilling" Tag

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ExxonMobil Says Goodbye To Russian Arctic Oil Well (Part 1)

You may well ask why PlanetSave, a blog usually dedicated to positive developments and actions to save the earth, is reporting news about ExxonMobil and a Russian arctic oil well. The oil discovery appears to have nothing to do with solar or wind or most of our usual topics—we’re talking fossil fuels here, which have caused much […]

October 8th

Western Arctic Threatened By Oil Drilling

  Big Oil continues its assault on the Arctic by pushing for increasing oil drilling. This time it’s the Western Arctic that’s particularly at risk. Next week, House Republicans are expected to unveil a legislative package that once again calls for drilling everywhere, regardless of the risks and impacts to the climate, and to our […]

June 13th

Political News: Exxon Rakes in Huge Profits (Pays Low Taxes); GOP Paranoia Increasing; GOP Gets Big Money from Keystone XL Backers;…

1. Exxon Rakin’ in the Dough, Paying Super Low Taxes ExxonMobil’s end-of-year financial summary shows that it made a whopping $41.1 billion in 2011 (35% more than in 2010) but only paid a 17.6% tax rate. Who lets them get away with such robbery? Congress obviously does. But so do we, if we don’t hold […]

February 7th