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Ahead of tomorrow’s anticipated release of BP’s second-quarter financial statements–and of the massive losses–BP is expected to appoint Managing Director Bob Dudley to replace Tony Hayward as CEO during tonight’s board meeting in London. Hayward…
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Given the fury directed at BP in Congressional hearings on the Gulf oil spill, you’d think the time was ripe to cut the oil industry’s ridiculous subsidies–amounting to at least $40 billion per decade, according…
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7-01-2010 by dugan BP’s devastating oil spill may now be the largest accidental spill in modern history, bigger than the estimated 140 million gallons spewed by the 1979-80 Ixtoc spill off the coast of…
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06-23-10 by dugan Californians are getting sick to death of corporate-sponsored ballot initiatives. And they’re catching on to who’s behind the slogans, voting down two deceptively marketed initiatives on the June ballot that were…
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06-23-10 by dugan The latest round of state political contribution reports show that Chevron has given another $250,000 to California Gov. Arnold Schwarzenegger’s huge political slush fund, the "California Dream Team." That makes a…
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Final Thoughts by Khan BP will have to evaluate long and hard as to whether Hayward’s strategy today–be evasive as possible for seemingly legal reasons–was worth the public excoriation that is starting to pile on….
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Hayward: "No evidence of reckless behavior" by Khan In response to Rep. Stearns’ (FL) question about whether people were suffering in the Gulf due to BP’s reckless behavior, Hayward responds: "There was no evidence of…
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Rep. Barton says some may have "misconstrued" his accusation of a White House "shakedown" and "national tragedy." by Khan Rep. Barton (TX) just took a moment to clear up his "shakedown" comment. Saying…
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A SCOTUS hearing? by Khan The hearing so far is coming to resemble a Supreme Court confirmation hearing– When asked for judgment & opinion on specific matters of the Macondo well’s construction (read: when asked…
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Rep. Dugette’s Futile Questions Liveblog by Khan Rep. DeGette from CO is grilling Hayward on these documents, cited in letters from Waxman & Stupak, giving detailed technical information and likely questions on BP’s well, its…
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Not Catching the Drift Liveblog by Khan It doesn’t seem like committee members had a chance to reflect during the one hour recess. Questions from members after returning from their votes seem to be in…
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Hayward dodging all questions Liveblog by Khan BP CEO Hayward has a clear strategy to the tough questions that he’s receiving from committee members. In response to questions from Rep. Stupak concerning whether BP "cut…
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How is it that renewable energy producers struggle to renew expiring, and already expired, tax breaks and other funding credits in Congress, while the Senate overwhelmingly refuses to cut Big Oil’s $35 billion in…
