9 Gifts President Obama Gave Big Oil in 2015

Home

Read page 1

5. ConocoPhillips in the Alaska Petroleum Reserve

After a coordinated lobbying blitz, an oil company was allowed to drill on federal lands in the National Petroleum Reserve-Alaska for the first time in its more than 90 year history. ConocoPhillips can now drill as many as 33 wells and construct miles of road and pipeline as part of its Greater Mooses Tooth project—all in a region famous for its delicate biodiversity.  

Wildlife in the National Petroleum Reserve-Alaska (NPR-A) includes the Teshekpuk Caribou Herd, which is an important subsistence resource to the residents of Atqasuk, Barrow, Nuiqsut and Wainwright in the NPR-A. The primary range of the Teshekpuk Caribou Herd is the North Slope west of the Colville River. And the Western Arctic Caribou Herd contributes to the subsistence needs of about 40 villages in northwestern Alaska. Photo credit: Bob Wick / Bureau of Land Management

6. BP’s dirty tax break

More than five years after Deepwater Horizon, BP is still paying for its disaster. The problem is that BP is still seeing major tax breaks as part of the costs. Although it was dinged with an out-of-court settlement worth $20.8 billion, most of those costs are going to be tax deductible—allowing the company to capture a tax windfall worth $5.35 billion for the worst oils pill in U.S. history.  

Photo credit: Brandon O’Connor / Flicr

7. Fast-tracking the TPP

Big Oil fought hard to help fast track the Trans Pacific Partnership free trade deal—and can you blame them? The deal could allow oil companies and other polluters to sue governments for enacting climate rules. It’s no surprise that similar agreements have already been used to attack renewable energy and fracking bans.

AFGE leaders, staffers and activists participate in #StopFastTrack rallies in the Washington, DC metro area during the month of April. Photo credit: AFGE

8. Atlantic Drilling

The Obama administration released a 5-year plan for offshore oil and gas leasing in January—and to the surprise of many it proposed new drilling areas off the coasts of Virginia, North Carolina, South Carolina and Georgia. Dozens of municipalities afraid of the effects that drilling could inflict on their local economies have passed resolutions opposing the plan—and it isn’t too late. The plan is likely to be finalized next year and Atlantic drilling could still be nixed.

Photo credit: wikimedia.org

9. Liquified Natural Gas

The Obama Administration has been lending a helping hand to the fracking boom by opening whole new markets for domestic natural gas. How? By approving permits for specialized export facilities that super-cool gas into a liquid to be shipped overseas. This is a very expensive and energy intensive process that produces a fuel that is worse for the climate than coal. The Obama administration is opting to end the year by approving construction of the newest export project—the Energy Transfer Partners and the BG Group’s Lake Charles LNG facility in Lake Charles, Louisiana.

Photo credit: Sasol

YOU MIGHT ALSO LIKE

15 Huge Ocean Conservation Victories of 2015

Watch 25 Years of Arctic Sea Ice Melt in One Minute

10 Incredible Moments in 2015: A Landmark Year in Climate Action

It Wasn’t Only Exxon That Knew About Global Warming Since the 1970s

EcoWatch Daily Newsletter