MathewRolls

The Top Antitrust Cop Says Big Tech Looks a Lot Like Standard Oil

The Top Antitrust Cop Says Big Tech Looks a Lot Like Standard Oil

Jonathan Kanter, the Department of Justice’s top antitrust enforcer, says Big Tech’s cornucopia of questionable business practices looks an awful lot like the oil industry during Standard Oil’s reign. Once a symbol of unstoppable corporate power, the John Rockefeller-owned mega-monopoly was ultimately broken up into 34 separate companies in one of the strongest antitrust enforcement…

U.S. Oil Exports May Be Rising But Production Isn’t

U.S. Oil Exports May Be Rising But Production Isn’t

Exports of crude oil from the United States have surged since Russia invaded Ukraine last year. The U.S. oil industry will see lower production growth this year and next before a potential return to stronger growth as prices rise. With natural depletion, then, the cost of drilling increases and is added to already higher costs…

Poilievre condemns ‘vile’ views of German politician seen lunching with Conservative MPs

Poilievre condemns ‘vile’ views of German politician seen lunching with Conservative MPs

Conservative Leader Pierre Poilievre is attempting to distance his party from a far-right German politician whose views have been condemned as hateful and racist, and who was photographed lunching with three Conservative MPs earlier this week.Christine Anderson, a member of the European Parliament with Germany’s Alternative für Deutschland (AfD) party, is on a cross-Canada tour that…

As Willow project decision nears, Alaska ponders ties to oil

As Willow project decision nears, Alaska ponders ties to oil

Rosemary Ahtuangaruak sees what’s different. The permafrost is melting. The landscape is altered. It’s harder for younger people to pursue caribou as their elders did.“You go out hunting and there are changes to our lands and waters,” Ahtuangaruak, the mayor of Nuiqsut, a village of about 500 people on Alaska’s North Slope, said in a phone…

Colombia’s OIl Exploration Ban Could Crush Its Economy

Colombia’s OIl Exploration Ban Could Crush Its Economy

In a hotly debated move, the Petro administration hiked taxes for Colombia’s oil industry. Ending oil exploration will compromise Colombia’s energy security. For 2022 alone, crude oil was responsible for earning 34%, or $18 billion, of Colombia’s legitimate export income. The Petro administration simply cannot eschew the fiscal and economic contribution of petroleum to Colombia’s…