Archive | Tag: greed

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BP executives can’t seriously believe that this time they’ll get safety right. The company’s penny-pinching “safety be damned” culture is too entrenched to reverse–especially if you put the old vice-president of excuses in charge of the new plan.

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It’s amazing how oil companies stay so completely on message. The American Petroleum Institute, the oil industry mouthpiece, is pushing the same deceptive “jobs, jobs, jobs” message as the Texas oil companies backing Proposition 23…

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“When he abruptly resigned as chief executive of BP PLC [he] left the company in disarray. The giant energy producer was struggling with
a legacy of accidents and spills in the U.S.” Nope, that’s not about the swift booting of Tony Hayward by the BP board on Tuesday. It’s from a 2007 Bloomberg story on the last crisis change in leadership at BP.

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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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Hayward: "Blow out preventers…across the world…not fail safe" Liveblog by Khan Hayward tells Rep. Barton that he thinks one of the biggest industry lessons going forward will be to make sure the blow out preventers…

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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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  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…

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