skip to main content
skip to newscasts

Monday, December 23, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Suspect held after woman set on fire in NY subway car dies; Trump threatens to take back Panama Canal over 'ridiculous' fees; A year of growth for juvenile diversion programs in SD; The ups and downs of combating rural grocery deserts in ND; Report: AZ one of eight Western states that could improve conservation policies.

view newscast page
play newscast audioPlay

Congress passes a last-minute budget stopgap. Trump's second-term tariffs could harm farmers, and future budget cuts could reduce much-needed federal programs.

view newscast page
play newscast audioPlay

Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Big Oil's Claims on Gas Prices Under Scrutiny

play audio
Play

Tuesday, March 15, 2022   

A new Accountable.US report suggests the fossil-fuel industry is misleading the American public on the cause of rising gas prices.

Kyle Herrig, president of the watchdog group, said as oil and gas companies point fingers at the Biden administration, they continue to rake in profits and raise prices on consumers. He pointed to soaring windfalls gained by industry giants British Petroleum, Chevron, Exxon/Mobil and Shell.

"Combined, the four companies posted nearly $25 billion in quarter four of 2021, bringing their total profits last year to over $75 billion," Herrig reported.

Herrig noted instead of offering relief at the pump, oil companies have used profits for stock buybacks and shareholder dividends. The American Petroleum Institute and others are calling on President Joe Biden to increase domestic production by relaxing regulations and opening up new oil and gas leases on public lands.

Rep. Raúl Grijalva, D-Arizona, said the fossil-fuel industry is recycling old talking points about how more drilling and fewer regulations will bring down gas prices. He argued oil and gas companies are already sitting on 26 million acres of leases, and 53% are not producing.

"These same companies already have over 9,000 approved permits they can use whenever they want," Grijalva pointed out. "And the very companies with thousands of acres of existing leases and hundreds of unused permits are the same ones shouting that they need more land for drilling."

Herrig believes the current crisis in Ukraine is an important reminder of how a fossil-fuel-based economy is too unpredictable, and makes Americans dependent on the decisions of oil companies and hostile foreign leaders like Putin.

"We must invest in our future and secure real energy independence by speeding up the production of cheaper, cleaner energy here at home," Herrig contended. "So we aren't impacted by foreign supply-chain disruptions or conflicts overseas."


get more stories like this via email
more stories
The Federal Trade Commission reported older adults are less likely to report scams than those ages 18-59. Because the majority of fraud cases are not reported, the commission estimates national losses last year alone may be as high as $61.5 billion. (fizkes/Adobe Stock)

Social Issues

play sound

The holidays are the busiest time of the year for many people, including scammers. Oregonians lost $136 million to holiday shopping scams last year…


Environment

play sound

Across Pennsylvania and other northern U.S. states, climate change -- from burning oil, coal and methane gas -- is increasing the number of winter …

Social Issues

play sound

The Internal Revenue Service will be in the crosshairs in the second Trump administration, as the president-elect's recently announced choice to run …


Millions of families across the U.S. depend on home-based child care, with over 750,000 children enrolled in these programs, often because parents consider them more flexible than traditional child care centers. (Adobe Stock)

Social Issues

play sound

Alabama is part of a national program aimed at diversifying early childhood education. The Enriching Public Pre-K Through Inclusion of Family Child …

Social Issues

play sound

West Virginia schools' reliance on zero-tolerance policies are driving more kids into the juvenile justice system - with lifelong consequences…

Critics argue Florida's book removals limit access to important information. At the same time, state officials insist they ensure only age-appropriate materials remain in schools, rejecting claims of outright bans as a "hoax." (Adobe Stock)

Social Issues

play sound

Recent changes to Florida's education laws have removed information on consent, contraceptives and prenatal development from many health lessons at …

Health and Wellness

play sound

If you find yourself in a less than festive mood this holiday season, you are not alone. In Wisconsin, the recent school shooting tragedy in Madison …

Environment

play sound

By Jennifer Oldham for Civil Eats.Broadcast version by Eric Galatas for Colorado News Connection reporting for the Solutions Journalism Network-Public…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021