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Coackroach Island, BVI

Gulf cleanup will change once oil stops for good

2010-07-29

NEW ORLEANS - The government's point man for the Gulf spill plans to meet with coastal parish officials Thursday to talk about what's next now that the oil has stopped flowing. Retired Coast Guard Adm. Thad Allen said crews are having trouble finding patches of the crude that had been washing up on...

Full Story: Herald Tribune

Dead Chest Island, BVI

Oil Spill Crime? Send In the BP Squad

2010-07-29

Peter J. Henning follows issues involving securities law and white-collar crime for DealBook’s White Collar Watch. Attorney General Eric H. Holder Jr.’s criminal investigation of BP’s disastrous oil spill is now in the hands of the BP squad, which is looking at a wide range of possible...

Full Story: The New York Times

More News Stories

W&T Offshore Announces First Quarter 2010 Earnings Release and Conference Call Schedule PR Newswire

2010-07-30

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Bearish on Aban Offshore: Hiren Samani The Times of India

2010-07-30

In a chat with ET Now, Hiren Samani, Equity Research Analyst, AK Stockmart, gives his views on Aban Offshore. Your views on Aban Offshore? If you see the fundamentals of the company, it is still not out of the woods because first of all till yesterday, it still...

W&T Offshore Reports First Quarter 2010 Financial and Operational Results PR Newswire

2010-07-30

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Less oil on surface means less work for fishermen Denver Post

2010-07-30

NEW ORLEANS—Even when the oily sheen starts fading from the surface of the Gulf of Mexico, it manages to become bad news for fishermen. Many of those whose fisheries were shut down by the oil spill have found work skimming oil, putting out boom or ferrying cleanup supplies through BP's Vessels...

Big Oil's earnings up The News & Observer

2010-07-30

NEW YORK -- The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings. After setting record profits in 2008, the oil industry suffered last year as the global economic downturn caused a dramatic drop in oil and natural gas prices. On Thursday,...

Majority of Californians oppose offshore drilling MSNBC

2010-07-30

LOS ANGELES — Three months into the worst oil spill in U.S. history, most Californians oppose offshore drilling, marking a strong shift in opinion on the issue, a poll has found. Some 59 percent of residents say they are against drilling for oil off the state's coastline...

House to take up offshore drilling reform bill MSNBC

2010-07-30

WASHINGTON — Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry's offshore drilling practices. The...

Oil lobbyists spill into halls in D.C. Houston Chronicle

2010-07-30

WASHINGTON - Even before crude began gushing into the Gulf of Mexico, the oil industry was waging an uphill fight against $36.5 billion in proposed taxes and new regulations on drilling techniques. But now the collision of election-year politics and the oil spill is fueling dozens of proposals to...

Peter Morici: Struggling Americans know more than arrogant advisers The Providence Journal

2010-07-30

COLLEGE PARK, Md. For President Obama and House Speaker Nancy Pelosi, the reckoning is near. In hubris, they imposed a radical liberal agenda on an unwilling centrist electorate. Now, the economic recovery is failing and voters are set to rebuke Democrats in November. From electing Scott Brown in...