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Fmr. Shell president ‘predicting’ $5-a-gallon gas in 2012

The former president of Shell Oil said he believes Americans could be paying $5 for a gallon a gas by 2012. “I’m predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices,” John Hofmeister said in a recent interview with Platts…

Move over, Big Pharma and Big Oil, Big Marijuana is here

Legalization ‘looking inevitable,’ spokesman says If there’s one group of people who get their way in Washington, it’s lobbyists. Now, advocates of marijuana legalization may have a reason to cheer that political reality: They’re getting their own marijuana lobby group. And just Big Pharma and Big Oil lobby for greater…

Memo exposes secret list of conservative donors plotting campaign against Democrats, climate change

A secret memorandum and invitation to an under-the-radar meeting of conservative minds has been leaked to the liberal blog ThinkProgress, and the list has been reprinted by Raw Story below, in an effort to highlight and focus on the names of the participants in the meeting. The meeting was organized…

BP ultimatum: Let us drill or funds will dry up

Oil giant BP is telling lawmakers that if it isn’t allowed to get new offshore drilling permits in the Gulf, it will not be able to afford to pay for the damage caused by the Deepwater Horizon oil spill, the New York Times reported in its Friday edition. The Times…

Gasoline prices fall ahead of Labor Day weekend

Gas pump prices continue to slide as Americans prepare to fill up for Labor Day weekend There is good news at the gas pump, as Americans get ready to fill their cars, RVs and boats for the Labor Day weekend. The national average price for gasoline has been falling steadily…

Study: Oil spill cleanup workers suffered chromosome damage, respiratory issues

Spanish fishermen who took part in a clean-up operation after the Prestige oil tanker spill in 2002 have shown symptoms of chromosomal damage and respiratory problems, a study released Tuesday said. The study, conducted by Spanish researchers between September 2004 and February 2005 on 501 fishermen who helped clean up…

Oil tanker suspected in penguin-killing slick near Rio

RIO DE JANEIRO — An unidentified oil tanker is suspected to be responsible for a petroleum slick sullying beaches north of Rio de Janeiro, where several dead penguins were also found, Brazilian maritime officials said Tuesday. “The oil is very diluted and has spread to almost all the beaches in…

Oil pipeline leak pollutes major Michigan river

Estimated 877,000 gallons of oil reportedly coating birds and fish Southern Michigan residents are learning that devastating oil spills aren’t limited to the Gulf Coast. Crews were working Wednesday to contain and clean up an estimated 877,000 gallons of oil that coated birds and fish as it poured into a…

Oil spill work on hold as Bonnie approaches

Work to permanently choke off the oil well that had been spewing into the Gulf of Mexico was at a standstill Friday after ships around the site were ordered to evacuate ahead of the approaching Tropical Storm Bonnie. There had been worries that the cap that has mostly contained the…

Feds: BP’s cap stays on, new leaks insignificant

Oil from BP’s blown out well is again seeping into the Gulf of Mexico, but this time, more slowly and scientists aren’t convinced the cap that stopped the flow last week is making things worse. The government said Monday that oil was seeping into the Gulf after days of warning…

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