Business

BP Mendacity Watch: #1

From the beginning of the Gulf of Mexico oil spill, there have been questions over just how much crude really is bleeding out of BP’s well. The first figure—supplied by the company—was 1,000 barrels a day. The government later upped that to 5,000 barrels, a number that stood despite the skepticism of a raft of outside experts. …

Obama Gets Tough(er) on BP

From the beginning of the Gulf of Mexico oil spill—which has now resulted in at least 50 million gallons oil spewing into the ocean, if not far more—President Barack Obama has been in an awkward position. The energy giant BP is financially responsible for the spill, but it is also the only company that has the technology, expertise …

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