There has been a lot of talk about President Obama needing to get angry over the oil spill. Finally, when reading this post by Greg Sargent, I got really thinking about it. Here’s what Greg said: Sorry Mr. President, your latest display of anger about the Gulf spill, in a new interview with Larry King, […]
Yesterday BP saw a huge decline in it’s value as their stocks lost 15% of their value: As BP hacked away at a pipe gushing oil at the bottom of the Gulf of Mexico, investors sawed off 15 percent, or $21.1 billion, of the company’s market value Tuesday. Some are pointing to the announcement by […]
Right after health care reform passed, we started hearing teabaggers and Republicans shouting for repeal. Now it looks like that might not be happening so much: Anxious backers of President Barack Obama’s health care overhaul law are starting to see a flicker of hope. While polls show Americans remain sharply divided over the Democrats’ landmark […]
About damn time: A team of top federal prosecutors and investigators has taken the first steps toward a formal criminal investigation into oil giant BP’s actions before and after the drilling rig disaster off Louisiana. The investigators, who have been quietly gathering evidence in Louisiana over the last three weeks, are focusing on whether BP […]
As I’ve said countless times before; our nation is falling way behind in the world of internet communications. The latest international rankings now has the U.S. in 26th place when it comes to internet speed: When South Koreans tested their wired broadband connections over the past 30 days, they found an average downstream speed of […]
And guess who is a part owner of it? The Trans-Alaska Pipeline, partly owned by BP (BP.L), shut down on Tuesday after spilling several thousand barrels of crude oil into backup containers, drastically cutting supply down the main artery between refineries and Alaska’s oilfields. The accident comes at a difficult time for BP — the […]
BP has begun the “top kill” process of pumping drilling mud into the blow out preventer 5,000 feet below the sea. BP is saying this has a 60-70% chance of working, while President Obama is cautioning that there are no guarantees. At this stage of the game, I am not optimistic at all. So much […]
Yesterday another attempt to raise the liability limit on big oil for spills was blocked by the GOP. Now the GOP is trying their own bill: After a third Republican block of a Democratic bill to raise the liability on oil spills, the GOP put forward its own bill on Tuesday afternoon. This one would […]
A couple of stories have my blood really boiling this morning over the whole oil spill mess. First we have BP ignoring EPA orders to not use the toxic dispersant. BP just ignored them time and time again and the EPA finally threw their arms up and caved: Environmental Protection Agency Administrator Lisa Jackson said […]
This one from Reuters really got my blood pressure boiling: US will “push” out BP if spill response falls short The U.S. government will move aside BP (BP.L) from the operation to try to halt the Gulf of Mexico oil spill if it decides the company is not performing as required in its response to […]