Tag "Occidental"
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Oxy CA energy spinoff has bumpy launch
When energy giant Occidental launched a spinoff to focus on California energy exploration on Dec. 1, the circumstances facing California Resources Corp. were daunting. The plunging price of oil made unconventional energy extraction methods, which cost more, less attractive. And
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CA on sidelines as brown energy revolution unfolds
In the 41 years since the OPEC cartel begin throwing its weight around, U.S. consumers have gotten used to fluctuations in the price of gasoline. The dynamics have gotten pretty stable in recent decades as OPEC has deradicalized. In the
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What CA can learn from North Dakota’s stunning boom
The boom that North Dakota’s enjoyed because of fracking is usually depicted in newspaper stories and network reports as being about housing shortages and a flood of in-migration driven by job hunters. Rarely do accounts offer stark statistics that illustrate
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Dallas editorial chortles over Toyota departing CA for Texas
Monday’s announcement that Toyota is moving its North American headquarters from Torrance to the suburbs of Dallas prompted the usual schizophrenic approach in California: Some editorial writers and pundits lamented the loss of 3,000 middle-class jobs, but Gov. Jerry Brown
Read MoreMiracle: L.A. Times finally admits Obama sees fracking as safe
June 23, 2013 By Chris Reed President Obama’s first energy secretary, interior secretary and EPA chief all at various times in his first term depicted hydraulic fracking — aka fracking — as safe. His Energy Department put out a report
Read MoreIn coming CA fracking war, will unions be Oxy’s surprise ally?
April 21, 2013 By Chris Reed The coming battle over fracking in California is going to be a doozy. There’s too much money to be made in the “brown energy” revolution for monied interests to not pursue the reserves in
Read MoreWall Street doubts CA shale hype — but not Occidental
April 11, 2013 By Chris Reed Bloomberg News, which is doing an increasingly good job covering California of late, had an important article Wednesday about likely problems in developing the Golden State’s massive shale reserves. Those reserves could transform the
Read MoreSelling fracking to a propagandized CA public
March 17, 2013 By Chris Reed Sunday’s U-T San Diego editorial wraps up a three-part series on fracking with some theories on how Gov. Jerry Brown might sell it to the millions of Californians who are unaware — because of
Read MorePathetic media never report Obama’s support for fracking
March 12, 2013 By Chris Reed It’s bad enough that the media consistently depict hydraulic fracturing as new when it’s been around for 60-plus years. But what’s also amazing is that the California media covering the state government’s ongoing attempts
Read MoreOccidental ready to bring Bakken phenomenon to California
Nov. 15, 2012 By Chris Reed In my research for a U-T San Diego editorial that’s running today about fracking’s immense promise in California, I was astounded to find that Occidental, one of the largest oil/gas companies in the U.S.,
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