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05 Jul 2010 09:20

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Biz, U.S.: BP’s oil spill bill keeps going up, and then some

  • $3.12 billion spent on cleanup and claims so far source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jun 2010 09:35

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Biz: Could BP’s embattled top exec, Tony Hayward, resign soon?

  • yes Russia’s top energy official is saying that he’s expecting Hayward’s resignation as soon as today.
  • no The London-based company is denying the reports, saying that Hayward’s job is safe. source
Posted by Ernie Smith • 0 Comments • Permalink

25 Jun 2010 09:49

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Biz: Oil spill: BP’s stock hits another new oil-drenched low

  • $100
    billion     the amount BP, as a company, has lost since the oil spill began
  • 14
    years     the amount of time since their stock was at this low a level source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jun 2010 20:45

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U.S.: Judge in drilling moratorium case may not be impartial, guys

  • yes Judge Martin Feldman decided against the federal government in the drilling moratorium case.
  • yes Feldman happens to own stock in as many as five major offshore drilling companies. source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jun 2010 11:03

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Biz: Nooooo … really? Oil companies want deepwater drilling ban to end

  • There are things the administration could implement today that would allow the industry to go back to work tomorrow without an arbitrary six-month time limit.
  • Transocean CEO Steven Newman • Arguing that the U.S. should back off its somewhat controversial deepwater drilling ban. (His company ran the Deepwater Horizon.) He’s not alone – the BBC quotes Chevron and BP execs (not Tony Hayward) saying similar things. The oil industry is pushing against the regulations and a court decision about the drilling ban is forthcoming. Haley Barbour got a lot of crap about making a similar statement recently, despite the fact that BP is paying workers who have been laid off due to the spill. source
Posted by Ernie Smith • 0 Comments • Permalink

20 Jun 2010 22:00

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Politics: Max Headroom: Mike Huckabee made a good cocaine joke


  • Mike Huckabee: Hi-lariousOn “Red Eye” the other night, the former Arkansas governor suggested – in response to Sarah Palin calling marijuana a “minimal” problem – that Palin was using coke. Hilariously. Huckabee wins the award for “funniest Republican.”

  • Sharron Angle folds Protip: If you only show your face on conservative news programs and only play to the base, eventually you won’t know how to handle tough questions from real reporters, a situation that KLAS-TV noticed and MSNBC regaled.

  • Rahm emanuel radiatesDoesn’t Obama’s top dude sound like he knows the score here with the energy bill? You know it. Problem is, he (and Obama) are trying to push it during the oil spill, which seems like it might dampen the whole idea altogether.
Posted by Ernie Smith • 0 Comments • Permalink

19 Jun 2010 14:22

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World: What’s BP CEO Tony Hayward doing this weekend? Riding a yacht

Dude’s gonna get his life back, no matter how terrible the PR disaster is going to be for his company. He wants it back so much it hurts. source
Posted by Ernie Smith • 2 Comments • Permalink
 

19 Jun 2010 09:46

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Biz: Oil disaster: Fellow oil well owner Andarko throws BP under the bus

  • 65% of the oil well is owned by BP, which has gotten the most attention for the spill so far
  • 25% of the well is owned by Anadarko, which blames BP for “reckless decisions and actions”
  • 10% of the well is owned by Mitsui, which is staying fairly quiet on the situation source
Posted by Ernie Smith • 0 Comments • Permalink

18 Jun 2010 16:22

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Biz: Good news! BP Chief Exec Tony Hayward is getting his life back!

  • Dude’s handing over the reins of the BP situation to someone else. A day after getting grilled (a lot) and apologized to (a little), the BP chief executive will be stepping aside and handing daily operations to Bob Dudley, an American oil executive who has been in a managing role since 2009.“It is clear Tony has made remarks that have upset people,” said BP Chairman Carl-Henric Svanberg, trying his best to do some damage control after a very rough day. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Jun 2010 20:12

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Politics: Joe Barton stepped in it so badly that the oil just won’t come off

  • apology Joe Barton apologized to BP for having to pay money to people the oil spill greatly damaged.
  • redo Barton, feeling pressure, apologized for the “misconstruction” of his stupid, stupid comments.
  • recant Barton, who wasn’t seen as sincere enough, apologized AGAIN – this time, taking it back. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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