Jul 28 Watch 100 Days Into Oil Disaster, What’s in the Gulf Waters? The oil has stopped gushing from the BP's damaged Gulf of Mexico well -- at least for now -- but the damages are apparent along the beaches and marshlands. However, little oil can be seen on the water. Jim Lehrer… Continue watching
Jul 27 Democrats Move to Plan B on Energy Senate Democrats rolled out a scaled-back energy bill Tuesday afternoon that responds to the Gulf oil leak and incentivizes people to make energy-efficient renovations to their homes. A draft version of the legislation, released by Senate Majority Leader… Continue reading
Jul 27 Coast Guard Photos of Newest Oil Leak By Travis Daub Earlier Tuesday, a barge collided with an abandoned oil well in Barataria Bay, La., just north of an area already hit by oil from the Deepwater Horizon leak. The 20-foot gusher of oil and natural gas is… Continue reading
Jul 27 Obama Still Supports Energy Bill, Says Afghan Papers Could Jeopardize ‘Individuals or Operations’ By News Desk President Obama spoke to reporters Tuesday after meeting with a bipartisan group of lawmakers at the White House. In brief comments, the president said that despite political setbacks on the scope of an energy bill, he still supports the… Continue reading
Jul 27 Tuesday: BP’s Hayward Exits as CEO as Company Reports $17B Loss By Maureen Hoch After days of speculation, BP made it official early Tuesday: embattled CEO Tony Hayward will step down from his post and be replaced by American Robert Dudley on Oct. 1. The news comes as the company, which is still… Continue reading
Jul 27 Watch Feinberg: Indirect Oil Claims Will Be Tougher to Resolve Kenneth Feinberg, who was chosen to administer the $20 billion fund established by BP to settle near-term oil disaster claims, faces both skepticism from Gulf Coast residents and a daunting task in deciding which direct and indirect claims to approve. Continue watching
Jul 27 Watch BP Finalizes Leadership Shakeup, Replacing Hayward With Dudley BP confirmed that Bob Dudley will take over as CEO of the embattled oil giant in October and announced a $17 billion loss in earnings, saying it paid out at least $32 billion for compensation and cleanup of the Gulf… Continue watching
Jul 27 Watch Risk Analyst: Oil Liability Tough to Tally, But BP Will Likely Survive Soon-to-be CEO of BP, Bob Dudley, is set to take over for Tony Hayward on Oct. 1. Gwen Ifill speaks with Holly Pattenden of Business Monitor International in London about the leadership switch, the company's liability in the oil disaster… Continue watching
Jul 26 BP Could Begin Final Oil Well Kill Procedure Next Week By Lea Winerman BP could begin taking the final steps to try to kill its blown-out oil well in the Gulf of Mexico as soon as next week, Coast Guard Adm. Thad Allen said Monday. Allen gave the most specific timeline yet for… Continue reading
Jul 26 The Morning Line: Leaked Afghanistan Field Reports to Shape Political War Debate At Home By Terence Burlij The release of 92,000 classified reports by the website WikiLeaks paints a familiar and bleak picture of just how difficult and convoluted achieving success in Afghanistan will be for the American military. These reports will shine a bright light… Continue reading