Tag Archives: Gulf

A penny saved…

BP cut some corners when they drilled the well that exploded and subsequently began leaking dangerous amounts of oil into the Gulf of Mexico. How much money did they save by cutting corners? BP hasn’t released the exact numbers, but according to the Houston Chronicle’s estimates it was approximately $5 million. Something tells me it […]

Obama’s BP spill speech

(Read the transcript here) I don’t want to spend too much time criticizing and nitpicking the President’s speech last night. After all, no amount of speeches will stop the oil leak or clean up the ocean and the coastlines. Obama did, however, miss an opportunity to move beyond generic campaign rhetoric about the American spirit […]

What BP should pledge to do

The BBC is reporting that BP is pledging $500 million to study the effects of their oil that is still spilling into the Gulf of Mexico. I guess they should be doing this study, but now’s probably not the time to announce it. Right now it looks like nothing more than a PR stunt. Instead […]

Profiles in oil corruption

Remember how Republicans were opposed to financial regulation because they were sucking money in from big banks? Recession be damned, Republicans were willing to stand with their natural political allies. Well, that same story is playing out again, but this time it’s the teat of Big Oil Republicans can’t quit even in the face of […]