Oil spills in recent weeks, from Canadian-owned pipelines that supply Midwest refineries, are another sign of nation's aging infrastructure. Latest spill expected to raise Midwest gas prices by 30 cents a gallon for several weeks.
Corporate behavior, drilling methods, regulators’ roles, and the search for oil alternatives all are reexamined in the wake of the BP oil spill in the Gulf of Mexico.
The Deepwater Horizon oil rig explosion comes three weeks after the Obama administration proposed opening up parts of the Gulf for deepwater exploration. Two Democratic senators are raising broader safety concerns.
The Financial Stability Board could be looking at efforts to reform executive compensation by year-end.
Plans for a government bailout of small-business lender collapsed Wednesday.
Its rate cut of 3/4 of a point is the largest in at least 20 years.