Wednesday, May 23, 2012

Senate Refuses to End Tax Breaks for Big Oil

May 18, 2011 by  
Filed under Latest News & Trends

The Senate blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits.

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BP Says Spill Settlement Terms Are Too Generous

February 18, 2011 by  
Filed under Latest News & Trends

The planned payments far exceed the extent of likely future damages, the oil company argues.

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Size Protects Government Contractors That Stray

December 18, 2010 by  
Filed under Latest News & Trends

As the case of BP illustrates, the largest companies often escape the stiffest penalties because government agencies are too dependent on them.

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BP Is Planning to Challenge Estimates of Oil Spill

December 4, 2010 by  
Filed under Latest News & Trends

The move could reduce the company’s liability by billions of dollars, according to documents filed with a presidential panel.

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U.S. Won’t End Gulf Drilling Ban

December 1, 2010 by  
Filed under Latest News & Trends

Interior Secretary Ken Salazar said the administration would rescind its decision to allow offshore oil drilling in the eastern Gulf of Mexico and along the Atlantic Coast.

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3 Republicans Say Report on Spill Was Manipulated

November 13, 2010 by  
Filed under Latest News & Trends

Senators on the Environment and Public Works Committee accused the White House of editing a report on the BP spill for political ends.

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Panel Wants BP Fines to Pay for Gulf Restoration

September 28, 2010 by  
Filed under Latest News & Trends

A group named by President Obama will urge Congress to create a Gulf Coast Recovery Fund to oversee the restoration efforts.

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‘Our Job Is Not Finished,’ President Tells Gulf Coast

August 15, 2010 by  
Filed under Latest News & Trends

President Obama on Saturday vowed to maintain an intense government response until the environment is cleaned up and businesses and communities are made whole.

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Minerals Service Had a Mandate to Produce Results

August 8, 2010 by  
Filed under Latest News & Trends

The Minerals Management Service has been ridiculed as a pawn of the oil industry it was meant to oversee, and the Gulf Coast office has drawn particular scorn.

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BP Used Much Dispersant Despite E.P.A. Directive of Rarely

August 1, 2010 by  
Filed under Latest News & Trends

The Coast Guard approved requests to use dispersants despite an Environmental Protection Agency rule that they be used rarely, a Congressional analysis said.

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