Rep. Barton: I apologize for Obama’s "shakedown" Liveblog by Khan Rep. Barton from TX, drawing murmurs from across the room, publicly apologizes to BP for the White House’s success in getting BP to commit…
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Archive | Tag: greed
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LiveBlog: Big Oil = Big Tobacco?
In a scene most evocative of the infamous Big Tobacco hearing in 1994 when tobacco executives lined up and testified under oath that nicotine was not addictive, the oil executives have responded disappointingly to a…
Smoking Gun
LiveBlog: Oh Tillerson…
Rex Tillerson, chief executive of ExxonMobil, has had the most revealing testimony thus far. In response to probing questions by Rep. Dingell concerning, once again, why the contingency plans are virtually identical to each other,…
Smoking Gun
Liveblog: BP’s ‘Dead’ Phone Numbers
Why do you have phone numbers for dead people in your contingency plan? …asks Chairman Markey. Markey questions each of the five executives whether it is appropriate to have phone numbers listed for "long-dead" experts…
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Silence of Big Oil in Gulf
5-25-10 by dugan Here’s the "bingo" quote from a Tuesday Washington Post story by Karen Tumulty, explaining why the rest of the Big Oil companies are pretty much hiding in a hole as BP…
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Culture of Safety-Be-Damned
5-18-10 by dugan We know that federal regulators excused BP from filing a legally required detailed disaster plan on its ill-fated Gulf of Mexico oil rig. We know that BP’s assertions that it had…
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BP’s Butt-Covering Ignorance
5-17-10 by dugan So how much oil is really spilling into the Gulf of Mexico from BP’s exploded and sunk oil platform? 5,000 barrels a day (210,000 gallons) is the mainstream figure, issued by…
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Dread on the Gulf Coast
5-6-10 by dugan (Fort Walton Beach, Florida)–In the northern Gulf of Mexico, along a sparkling coast from Louisana to Florida, everyone is used to hurricanes. You can prepare, and afterward repair, no matter how…
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The Price of Cheap Coal
04-7-10 by dugan It’s not just mountaintops blown to smithereens and drinking water polluted. Cheap coal’s price is also the the 25 miners known dead, plus four more feared dead, in Monday’s West Virginia…
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Oil Prices Tipping the Economy. Again.
04-5-2010 by dugan Flash back to two years ago. Oil prices were nearing $120 a barrel and jamming up the price of food, gasoline, travel, almost everything we buy. In April 2008, energy analysts…
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Hot Fuel Fix in Deep Freeze
When a private club that is too cozy with corporations make the rules on consumer protection, guess what happens? The National Conference on Weights and Measures met last week and did exactly what the…
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Who’s Cooking Oil Prices?
02-01-10 by dugan The major oil companies all made less profit in 2009, but mostly because they could barely make a billion on refining and selling gasoline and diesel fuel, with demand running…
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Oil’s at $82; Where’s the Sheriff?
1-05-10 by dugan Supplies of oil and fuel in the U.S. are up, and so is the price of oil–it has surged to $82 dollar a barrel, pushing gasoline over $3.00 a gallon in…