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Topic: Offshore Drilling

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  • BP faces billions in fines as spill trial nears

    The huge legal bill for the catastrophic 2010 oil spill in the Gulf of Mexico is coming due for BP as a federal trial opens Monday to determine the company’s liability for the blowout of its Macondo well.

  • High gas prices: How big a problem for Obama?

    The last five times gas prices have spiked, the incumbent party has lost the presidential election. On Tuesday, the national average price of gasoline was $3.57 a gallon.

  • Robert Reich Gas prices: How rising fuel costs influence lawmakers

    Gas prices are up, and it's already prompted Republicans to pass a bill to expand offshore drilling and and force the White House to issue a permit for the Keystone XL pipeline. But the hike in gas prices won't be as steep, or lasting, as some think.

  • Deep-water oil drilling: why Obama is OK with angering left and right

    Neither the oil industry nor environmentalists are pleased with President Obama's new deep-water oil drilling plan. But in an election year, that might be a safe position politically.

  • Seven women who shaped the world in 2011

    Women played some significant roles this past year, from making peace to crafting economic policy in the midst of a crisis. Here are seven who shaped 2011:
    12/30/2011 07:39 pm

  • Gulf oil spill could result in criminal charges for BP employees

    The Wall Street Journal reports that federal prosecutors are targeting several Houston-based engineers and at least one supervisor employed by British oil giant BP connected to the 2010 Gulf oil spill.
    12/29/2011 05:36 pm

  • Election 101: Where the GOP candidates stand on the economy

    With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues. The Republican candidates all share the same broad approach: Spur private-sector confidence and job creation through permanent tax cuts, reduced federal deficits, and lighter regulatory burdens on businesses. In the same vein, they generally call for efforts to boost trade, encourage domestic oil and gas production, and limit the power of organized labor. But who has the best economic plan?
    12/27/2011 03:17 pm

  • Halliburton 'destroyed' evidence after Gulf oil spill, BP charges

    BP alleges that Halliburton, a subcontractor working on the Deepwater Horizon rig, destroyed evidence pertaining to what might have caused the explosion that triggered the Gulf oil spill.
    12/06/2011 12:45 pm

  • BP says Halliburton destroyed evidence behind Gulf oil spill

    BP says Halliburton destroyed evidence that it did faulty cement work on the oil will that leaked into the Gulf. Halliburton denies claim.
    12/06/2011 09:04 am

  • Top four ways Congo's instability affects the world

    From the metals in your cell phone to the gas in your car, Congo is more connected to your life than you might think, and its stability matters. 
    11/28/2011 12:21 pm

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Endeavor Global, cofounded by Linda Rottenberg (here at the nonprofit’s headquarters in New York), helps entrepreneurs in emerging markets.

Linda Rottenberg helps people pursue dreams – and create thousands of jobs

She's chief executive of Endeavor Global, a nonprofit group that gives a leg up to budding entrepreneurs.

 
 
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