Jul 05 Watch Schweitzer Confident of Full Oil Spill Cleanup, Future Pipelines Will Be OK Three days after an ExxonMobil pipeline ruptured on the Yellowstone River, spewing 42,000 gallons of crude oil, crews are still scrambling to contain the spill but rising water levels blocked efforts to reach some of the soiled shoreline. Jeffrey Brown… Continue watching
Jul 30 Exxon, Shell Report Massive Drops in Profits Oil giant Exxon Mobil Corp. reported Thursday that its earnings plunged 66 percent in the second quarter, following a steep decline in fuel prices over the past year. Continue reading
Jun 30 Iraqis Open Oil to Foreign Firms to Boost Output By PBS News Hour The Iraqi government opened six of its oil fields to international bidders Monday as the nation attempts to increase daily production by 60 percent, leaving the door open for top Western companies to tap into the world's third largest oil… Continue reading
Jun 25 Court Rejects Executions for Child Rape, Reduces Damages Against Exxon By Admin, PBS News Hour The Supreme Court on Wednesday outlawed executions of people convicted of raping a child and reduced the $2.5 billion punitive damages award in the 1989 Exxon Valdez disaster to $500 million. Continue reading
May 21 Fuel Prices Reach Records Amid Supply Concerns By PBS News Hour Oil and gas prices once again surged into record territory Wednesday after a U.S. government report showed a surprise drop in crude stockpiles and stoked fears of a worsening supply crunch. Continue reading
Apr 15 Watch Schwarzenegger Adviser Outlines U.S. Oil Addiction In the fourth installment of the NewsHour's Costly Crude series, environmentalist and adviser to California Gov. Arnold Schwarzenegger Terry Tamminen discusses the shrinking oil supply with Ray Suarez. Continue watching