Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!

06 Jun 2010 11:27

tags

U.S.: Gulf oil spill: Even if it isn’t getting everything, the cap is working

  • 10,000 barrels per day, or about half source
  • » Freaking finally: Thad Allen and his boys are way more positive about this result than they have been about others. They hope to slowing increase the amount of oil captured. Oil, by the way, is still getting through the vents, which is why they aren’t capturing all of it.

06 Jun 2010 11:18

tags

Biz: No way, Jose: BP’s Tony Hayward has no desire to quit over spill

Sure, Tony Hayward knows a thing or three about gaffes, but the BP executive says he’s staying put no matter how much he wants his life back. source

05 Jun 2010 19:05

tags

Politics: WTF Time Magazine? Shell advertising on oil spill articles

  • Not to criticize Time two weeks in a row, but COME ON. Why are you letting Shell advertise on pages adjacent to stories about the oil spill? The ads are huge, and there’s more than one style of them (keep reloading). Totally not ethical in light of the spill. Look, this whole situation is awful all around – don’t get us wrong – but this kind of schadenfreude advertising isn’t helping anyone. Least of all Shell, who just a few weeks ago was on the hot seat for after an Amnesty International anti-Shell ad was pulled from an issue of the Financial Times. Bad form, Shell. source

04 Jun 2010 01:18

tags

U.S.: Did BP get a cap on that pipe that caused the oil spill?

  • yes The robots successfully got the pipe capped off, after many trying days and one stuck diamond saw.
  • but Unfortunately, it may not be enough to stop the spill, even temporarily. It’s too soon to tell. souce

01 Jun 2010 09:17

tags

Biz: Oil spill-riddled failure BP’s stocks take a massive hit this morning

  • 16% freefall on the London Stock Exchange this morning; oh boy
  • 14% fall in the U.S. in its first session since the top kill failed source

30 May 2010 12:19

tags

Biz, U.S.: BP’s stock is in free-fall right now; we wonder why

  • 25% decline in BP’s stock since the oil saga began source

29 May 2010 17:28

tags

U.S.: BP: Yeah, the top spill is sucking it. Let’s go to oil spill Plan Q.

  • I don’t think the amount of oil coming out has changed. Just by watching it, we don’t believe it’s changed.
  • BP’s Chief Operating Officer, Doug Suttles • Regarding how well the “top spill” process is working. Short answer: It’s not, really, and it sucks to be BP right now. The next step would be removing the pipe and putting a cap on the leak, a process called a lower marine riser package cap. “If we have to go to it, we can do it as quickly as possible,” Shuttles said. BP also has long-term plans to stop the leak in the form of two relief wells, but the first well won’t be finished until July or August, easy. source
 

28 May 2010 18:47

tags

U.S.: Obama on oil spill: It’s not going to be easy, but I have smart people

  • There are going to be a lot of judgment calls here. There are not going to be silver bullets or perfect answers.
  • Barack Obama • Speaking about the oil spill in Louisiana today. What are his plans? A few things. First off, check this site for the latest info on the response to the spill, which combines everything from all the involved parties. Second, he’s tripling the size of the response crews in Louisiana. Third, he’s keeping pressure on BP to pay for damages caused by the spill. Fourth, he’s going to help small business with loans needed due to the spill along with loan deferments for those they needed during Katrina. Finally, and most importantly, he’s approving a barrier island that will help prevent some of the oil from reaching shore. Will it help? Fingers crossed. source

28 May 2010 18:16

tags

U.S.: Obama’s in Louisiana, willing to help for the long haul

There’s Obama, on his A-game, trying to help. Despite what some apparent lobbyist flack commenters who are trying to influence our posts think, we think this is a good thing. source

27 May 2010 10:46

tags

U.S.: Did the “Top Kill” stop the oil spill, guys? Is it BP’s lucky day?

  • YES but we’ll see if it actually holds up ok source