Tag Archives: oil markets
What the Keystone XL pipeline has in store for America
It has been three years since an Enbridge Energy pipeline ruptured beneath this small western Michigan town, spewing more than 840,000 gallons of thick oil sands crude into the Kalamazoo River and Talmadge Creek, the largest oil pipeline failure in the country’s history. Last March, an Exxon Mobil pipeline burst in Mayflower, Ark., releasing thousands […]
Exxon Mobil continues employee discrimination
Exxon Mobil ranks last in the Human Rights Campaign Corporate Equality index of the Fortune 1000 corporations, with a score of negative 25 out of a possible 100. The company received the first and thus far only negative score for “engaging in activities that undermine L.G.B.T. equality,” http://www.nytimes.com/2013/05/25/business/a-corporate-giants-missing-support-for-gay-rights.html?ref=us Exxon Mobil hasn’t changed it’s […]
EU looks at oil price fixing scheme
On Wednesday, the European Commission ramped up its inquiry into the potential manipulation of oil and biofuel prices, as investigators continued to question BP, Royal Dutch Shell and Statoil about their trading activities. Oil is one of the murkiest markets. Much of the vast global oil trade occurs away from regulated financial exchanges, as companies […]
Dirty Babylon 