Lets Hang Together or We Will Surely Hang Apart!
Gulf Oil Spill Far Worse Than Exxon Valdez Accident
COVINGTON, La. - An untested procedure to plug the blown-out oil well in the Gulf of Mexico seemed to be working, officials said Thursday, but new estimates showed the spill has already surpassed the Exxon Valdez as the worst in U.S. history.
A team of scientists trying to [...]
It’s Not Our Fault
WASHINGTON — BP PLC told Congress Tuesday its massive Gulf oil spill was caused by the failure of a key safety device made by another company.
In turn, that company says BP was in charge, and that a third company that poured concrete to plug the exploratory well didn’t do it right. The [...]
Louisiana Fishing Capital Braces For Giant Oil Spill
VENICE, La.—Boat captains here boast that Venice, a remote outpost at the tip of the Mississippi Delta, is the fishing capital of the world. But a rapidly expanding oil slick from a leaking deepwater well could leave a permanent mark here.
Hundreds of shrimping boats sail from here, dragging [...]
Big Oil Bets on Sea
Chevron
Chevron is leasing the Clear Leader, which floats in 4,300 feet of water in the Gulf of Mexico, to drill for oil through nearly five miles of rock.
Big Oil never wanted to be here, in 4,300 feet of water far out in the Gulf of Mexico, drilling through nearly five [...]
Crude Awakening
NEW YORK (MarketWatch) — Most of us can’t stockpile barrels of crude oil in the backyard, nor would we want to. Yet with oil prices soaring, many investors are eager to fill their portfolios with this precious fuel.
Accordingly, a specialized group of exchange-traded funds taps into oil rallies. But investors should be aware that [...]
Oil Fell Below $100 a Barrel on Friday Yet Gasoline Continues to Rise
NEW YORK (AP) - The worst oil shock since the 1970s has put a permanent mark on the American way of life that even a drop in oil’s price below $100 a barrel won’t erase.Public transportation is in. Hummers are out. Frugality is [...]
Oil Makes Record One Day Drop
Oil prices tumbled more than $6 a barrel Friday — the biggest one-day percentage plunge in nearly four years after a rebounding dollar and a Russian troop pullback in Georgia sparked another frenzied sell-off.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Aug | ||||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | |||