With the recent Gulf Oil catastrophe, a simple explanation is needed to understand the mechanics involved.
|By: Seymour Friendly Wednesday May 5, 2010 2:50 pm|
Mary Landrieu and David Vitter, the two Senators from Louisiana, speak out in favor of continuing oil drilling as the Horizon oil slick threatens their state’s environment and livelihood. Lieberman backs them up from his perch in the Senate. Pelosi signals no resistance from the vaunted House Democratic majority.
|By: emptywheel Tuesday May 4, 2010 12:43 pm|
As oil continues to gush into the Gulf, I’ve been haunted by the statement Halliburton put out about the Deepwater Horizon spill.
|By: bmaz Tuesday May 4, 2010 10:00 am|
The one constant theme underlying all the elements that could have and/or did lead to the BP Gulf oil spill is the mendacious corporate servitude of the Republican party, their leaders and policies. The arrogance and recklessness of BP and its oily partners gestated wildly under the Bush/Cheney administration and little is changing significantly under Obama.
|By: emptywheel Monday May 3, 2010 7:20 pm|
As you’ve no doubt heard, BP’s own liability for the damages the Deepwater Horizon spill will cause may be limited to $75 million (though it will have to pay for cleanup). Next time some DC politico gets $5000 from BP, I hope they reflect on the fact that that’s all BP wants to pay for putting a family’s entire livelihood on the line.
|By: David Dayen Monday May 3, 2010 7:46 am|
The U.S. government thought ahead; it expected a certain amount of spills and cleanups where oil is involved. So they created a tax on oil to create a trust to use in the event of a disaster, not unlike what we’re seeing now in the Gulf of Mexico. But the Oil Spill Liability Trust Fund may work for a floating oil slick the size of Duluth, not Puerto Rico.
|By: Seymour Friendly Sunday May 2, 2010 4:00 pm|
Mass media, industry, and Washington, DC have begun their inevitable hysteria and gamesmanship as the Horizon slick steadily grows and threatens more and more of the Gulf coast.
|By: Scarecrow Friday April 30, 2010 2:42 pm|
A public PowerPoint presentation by Halliburton from last November discusses the problems and risks it might encounter during cementing a deep water well. It may explain why the explosion and fire occurred.