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Posted inGovernment & Politics, Opinion

Come to the Anadarko side: We might have liability limits

BP’s U.S. stock price plunged over 16 percent Wednesday, before partially recovering. CNBC commentator Jim Cramer was “mesmerized” by the descent, as BP’s total lost market capitalization, since the Deepwater Horizon explosion April 20, surged to over $90 billion. Many analysts linked the drop to a Reuters report quoting a BP source saying that “at […]

Posted inGovernment & Politics, Opinion

Without bolder action on spill, greatness to slip from America

For the second time in five years, an incredulous nation watches the New Orleans region deal with an out-of-control, man-made disaster. And, once again, an incredulous nation watches the government mount an ineffective response. Five years ago, Americans watched water gush through breached floodwalls and drown 80 percent of New Orleans. Helicopters dropped huge sandbags […]

Posted inGovernment & Politics, Opinion

Blame it on the porn

As we remain cautiously optimistic about the progress of the top kill operation to stop the Macondo oil gusher, I want to focus on porn. The Times-Picayune’s Mark Schleifstein reports that An investigation of Minerals Management Service employees in Lake Charles found a widespread culture of accepting gifts from oil companies, including hunting and fishing […]