Oil

BP’s Tony Hayward Gets Benched

Throughout his Congressional testimony yesterday, BP CEO Tony Hayward had one consistent message: he did not know what was going on in the tumultuous weeks leading up to the Deepwater Horizon accident. He had no direct knowledge of the company’s much criticized decisions in drilling the well, and he had no comment on the causes of the …

BP’s Tony Hayward Stonewalls Congress

Republican Congressman Joe Barton of Texas has received $27,350 in campaign donations from BP—and today during the Congressional inquisition of BP CEO Tony Hayward, Barton was worth just about every penny. Barton’s odd apology in his opening statement to Hayward—Barton said he was “ashamed of what happened in the White House” …

Obama Calls for Energy Reform—But Doesn’t Mention a Carbon Cap

It may be time to bury cap-and-trade.

Speaking in his first prime-time televised address from the Oval Office, President Barack Obama hit a range of topics. He promised the people of the Gulf Coast, and the rest of the country, that his Administration would do whatever it took to fight the BP oil spill—while warning us that it would …

New Gov’t Estimate: Even More Oil Spilling

A new report from the government’s Flow Rate Technical Group, charged with clocking the speed of the Gulf oil leak, has just been released and it’s not good: the new estimate is 35,000 to 60,000 barrels a day. That’s a significant increase from the most recent count, nearly a week ago, which put the leak at between 20,000 and 40,000 …

  1. 1
  2. ...
  3. 17
  4. 18
  5. 19
  6. 20