The explosive grand jury report recently released by Attorney General Josh Shapiro documented the extensive damage created in Pennsylvania by the so-called “fracking boom.” The details are heartbreaking, and the inaction by state health and environmental agencies is outrageous.
The report offers ample evidence of fracking’s toll on our health, our air and our water, but the focus on crimes of the past should not lull us into letting the current governor off the hook. It is imperative that we ask what the Wolf administration is doing right now to protect Pennsylvanians from fossil fuel corporations, and that we work to ensure that the families harmed by fracking receive justice.
Vladimir Putin has ordered a state of emergency after 20,000 tonnes of diesel fuel spilled into a river inside the Arctic Circle.
The spill occurred when a fuel reservoir at a power plant near the city of Norilsk collapsed on Friday.
The plant is operated by a division of Nornickel, whose factories in the area have made the city one of the most heavily polluted places on Earth.
During a video conference on Wednesday that was broadcasted on television, Putin lambasted the head of the Nornickel subsidiary that owns the power plant, NTEK, after officials said the company failed to report the incident.
Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again.
Deep output cuts and the reopening of some of the largest economies in the world have brightened the outlook for oil, but many analysts are now beginning to question whether this rally isn’t already overdone. So why are oil prices still rocketing as analysts warn of ballooning inventories and continued weak demand for aviation fuel?
Looking at the data, the first signs of real demand recovery are coming from the Far East, where Chinese refiners have embarked on a buying spree, capitalizing on ultra-low crude prices in heavy hit markets such as Brazil, Oman, and West Africa.
Spurred by Beijing’s call to action, factories and farmers are leading the demand recovery in diesel according to Liu Yuntao, an analyst working with Energy Aspects in London.
But it’s not just diesel. Gasoline consumption is also on the rise in China, where rush hour traffic in Beijing, Shanghai, and tens of other big cities is approaching normal levels once again as the Chinese are finding out that coronavirus isn’t spread by driving your car.
Opec producers and allies have agreed a record oil deal that will slash global output by about 10% after a slump in demand caused by coronavirus lockdowns.
The deal, agreed on Sunday via video conference, is the largest cut in oil production ever to have been agreed.
Opec+, made up of oil producers and allies including Russia, announced plans for the deal on 9 April, but Mexico resisted the cuts.
Opec has yet to announce the deal, but individual nations have confirmed it.
The only detail to have been confirmed so far is that 9.7 million barrels per day will be cut by Opec oil producers and allies.