This Day in Alaska History-December 27th, 1909
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Big Oil Quick to Jack Up Gasoline Prices But Slow to Drop Them: Analysis
“Corporate greed drives artificially high prices at the pump.” Over the past four months, Big Oil has rushed to raise gasoline prices—sometimes charging far more at the pump than the increased cost of oil would warrant—and dawdled to lower them when crude’s valuation declined, according to a new analysis released Monday by the progressive watchdog group Accountable.US. Accountable.US […]
Oil-related Corruption Alleged in DRC Park
A fabled park in the Democratic Republic of Congo is under pressure from oil developers. And activists allege the dealings are tainted by corruption. Virunga National Park, a UNESCO World Heritage Site that is home to volcanoes and some of the world’s few remaining mountain gorillas, may have its boundaries changed so oil rigs can […]
Rep. Gara Bill Targets a Major Oil Company Subsidy to Generate Budget Savings
Juneau – Representative Les Gara (D-Anchorage) intends to file legislation this week to stop a large oil company subsidy that increases the budget deficit. The bill has been filed with the House Clerk and will be officially introduced on Wednesday. “Alaskans pay roughly $14 million a year for oil companies to use the Dalton Highway,” […]