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The Takeaway

Exxon Makes Oil Deal With Russia

Wednesday, August 31, 2011

Alaskan waters remain off-limits to drilling, much to many oil companies' dismay. But Exxon has decided to hop over the Bering Strait, and make a deal with Russia to explore for oil in the Arctic Ocean in their territory. This deal may show how lucrative climate change has become to the oil business, since more oil is becoming available as Arctic ice recedes.

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Transportation Nation

TN Moving Stories: Oil Prices Have Been Good to Exxon, MARTA Eyes Fare Increase, and No More Falcons at JFK Airport

Friday, April 29, 2011

Higher oil prices have been very very good to Exxon -- its first quarter earnings surged 69% (Wall Street Journal). Meanwhile, Democrats say they are determined to end oil companies' tax breaks (The Hill).

The chair of Houston's METRO talks to KUHF about the agency's latest projects-- as well as its efforts to repair its relationship with the Federal Transit Administration.

Bus rapid transit has changed the Chinese city of Guangzhou. (Good)

MARTA is considering a 50-cent fare increase. (Atlanta Journal-Constitution)

New York's City Council voted to give each community board the chance to opt out of alternate side parking one day a week. (WNYC)

An Alexandria (VA) yacht club won't move its parking lot, so plans for a public park must be scaled back. (WAMU)

The Michigan Department of Transportation takes to YouTube to promote transit. Sample music video lyric: "Some days I actually want to drive my car/so I can sing like a long-haired 80's pop star/but it's nice to have the bus when I want to chat/hanging out, making friends -- what's wrong with that?" (Warning: the music has the ability to lodge itself semi-permanently into one's frontal lobes.)

JFK airport has ended its foray into falconry. (WSJ)

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In case you missed it on Transportation Nation:

--NYCDOT reveals a diminished East Side bike plan (link)

--BART is considering a last-night train pilot project (link)

--The Duke and Duchess of Cambridge rode to their wedding in style (link)

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WNYC News

Exxon Agrees to Settlement Over Newtown Creek Contamination

Wednesday, November 17, 2010

State Attorney General Andrew Cuomo is announcing a settlement Wednesday afternoon of federal litigation against Exxon Mobil for contaminating parts of Greenpoint, Brooklyn.

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The Takeaway

Another Day of Oil in Washington

Wednesday, June 16, 2010

Chiefs from the five major oil companies, including BP, testified before Congress yesterday. Executives from Chevron, Conoco, Exxon Mobile, and Shell all took pains to distance themselves from BP's negligence during testimony before the House Energy and Commerce Committee. “We would not have drilled the well the way they did," said Rex Tillerson, chief executive of Exxon Mobile.

 

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