Prior to the government declaring Gulf of Mexico beaches no-go zones for journalists, a group of concerned citizens traveled to Grand Isle, Louisiana, and scooped up samples of sea water and sent them to a lab to be tested. “The preliminary analysis was done at an academic analytical chemis... Read more...
Prodded doubtless by forces above and behind the Oval Office, Obama has ousted General McChrystal in favor of General Petraeus, who now combines the post of CENTCOM theater commander with that of NATO commander in Afghanistan. This is a move deriving from the inherent fecklessness and incompetence... Read more...
White House Chief of Staff Rahm Emanuel is fond of saying, “You don’t ever want a crisis to go to waste; it’s an opportunity to do important things that you would otherwise avoid.” Well, the Obama Administration certainly has not let the British Petroleum (BP) Deepwater Horizon oil rig c... Read more...
As I noted Tuesday, there is growing evidence that BP’s oil well – technically called the “well casing” or “well bore” – has suffered damage beneath the level of the sea floor. The evidence is growing stronger and stronger that there is substantial damage beneath the sea floor. In... Read more...
Firm's stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment The brokerage firm that's faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to somethi... Read more...
A dire report prepared for President Medvedev by Russia’s Ministry of Natural Resources is warning today that the British Petroleum (BP) oil and gas leak in the Gulf of Mexico is about to become the worst environmental catastrophe in all of human history threatening the entire eastern half of th... Read more...
Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots. The discovery is fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the... Read more...