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17 Jun 2010 11:00

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Politics: Joe Barton has good reason for giving BP apologies today

  • $1.4 million in donations from the oil and gas industry source
Posted by Ernie Smith • 0 Comments • Permalink

17 Jun 2010 10:56

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Politics: Dear Joe Barton: It’s not a shakedown if it’s BP’s fault

  • I’m ashamed of what happened in the White House yesterday. I think it is a tragedy of the first proportion that a private corporation can be subjected to what I would characterize as a shakedown in this case a $20 billion dollar shakedown.
  • Rep. Joe Barton • Saying the kind of thing that will not win him many fans amongst people offended by the oil spill. BP’s CEO, Tony Hayward, who went into the Congressional hearing today expecting a public flogging, instead got that starting out. Unbelievable. Save the apologies for a company that isn’t responsible for destroying the gulf, Joe. That money’s going to help people whose lives were destroyed, remember. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Jun 2010 10:51

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Politics: Twitter’s pretty upset with BP CEO Tony Hayward right now



Posted by Ernie Smith • 0 Comments • Permalink

17 Jun 2010 10:05

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Biz: Oil disaster: Stockholders really liked BP’s escrow account deal

  • 9.8% increase on the London stock exchange today source
Posted by Ernie Smith • 0 Comments • Permalink

16 Jun 2010 12:28

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Biz, U.S.: BP’s throwing lots of money aside for oil disaster claims

  • $20
    billion     the amount BP plans to put in an independent escrow account
  • $1
    billion     the amount the company has spent on the oil spill so far source
Posted by Ernie Smith • 0 Comments • Permalink

15 Jun 2010 23:06

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Politics: Mitch McConnell on Obama’s speech: Don’t bring up climate change

  • Every day seems to bring more bad news about the size and scope of this crisis, and reversing that trend should be the president’s priority. The White House may view this oil spill as an opportunity to push its agenda in Washington, but Americans are more concerned about what it plans to do to solve the crisis at hand.
  • Senate Majority Leader Mitch McConnell • Emphasizing that climate change that Obama anchored tonight’s address on didn’t actually do anything about the problem currently on the ground. Which, let’s admit it, is both true and what Mitch was going to say. We don’t disagree with him but think the issues aren’t so clear-cut. source
Posted by Ernie Smith • 0 Comments • Permalink

15 Jun 2010 23:02

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Politics: The key 45 seconds from Obama’s oil spill speech tonight

  • Let’s face it. Obama’s good with discussing broad. But when it comes to specifics with the American people, he’s a little lacking. The truth of the matter is that there’s not really much new here. Pretty much the one thing that is new, or at least explained in better detail, is the BP escrow fund, which Obama had this to say about it: “This fund will not be controlled by BP. In order to ensure that all legitimate claims are paid out in a fair and timely manner, the account must and will be administered by an independent, third party.” source
Posted by Ernie Smith • 0 Comments • Permalink
 

13 Jun 2010 11:58

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U.S.: Obama wants BP to set aside oil spill money in an escrow account

Because, let’s face it guys, these pelicans deserve millions of dollars in damages after the crap they’ve been through. And humans, too. source
Posted by Ernie Smith • 0 Comments • Permalink

12 Jun 2010 13:21

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U.S., World: David Cameron’s folks: Obama’s beef not with Britain, but with BP

  • President Obama said to the Prime Minister that his unequivocal view was that BP was a multinational global company and that frustrations about the oil spill had nothing to do with national identity.
  • A statement from David Cameron’s office • Discussing what Obama and Cameron talked about today. We could have told you this before the president even picked up the phone. “The President made clear that he had no interest in undermining BP’s value,” the note added. As we noted last night, the company is just as much American as it is British at this point. source
Posted by Ernie Smith • 0 Comments • Permalink

12 Jun 2010 13:13

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Biz, U.S.: U.S. to BP: Please come up with a plan or we’ll kick your ass

  • 48 hours or the Gulf of Mexico gets it (oh wait, too late) source
Posted by Ernie Smith • 0 Comments • Permalink
 
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