Nov
20
2010
Musicians as diverse as Ozzy Osborne, Bonnie Raitt, Pearl Jam, Dr. John and My Morning Jacket are banding together to urge President Obama to “do all you can” to help the Gulf Coast recover from this year’s devastating oil spill. Nearly 90 artists signed a letter sent to the White House this week asking for [...]
no comments | tags: Action, Letter, Main Category, Musicians, Obama, Oil spill, ozzy osborne, Restoring, Urging | posted in Politics
Aug
20
2010
The BP spill appears to be capped for good, even though the ultimate solution known as “final kill” has yet to be implemented. But while fresh oil has stopped gushing into the Gulf of Mexico, distrust and resentment continue to flow freely. Many citizens and scientists alike do not believe an inter-agency federal report stating [...]
no comments | tags: fresh oil, Main Category, Oil, Oil spill, Remain, Resentment, Residents, Skepticism, Spill, Uncapped | posted in Politics
Aug
16
2010
Now that the runaway well in the Gulf of Mexico is no longer gushing oil, public opinion in Florida — including the North Florida/Panhandle region that was most at risk — has turned against the idea of banning offshore drilling in the state’s waters, according to a poll conducted Aug. 6-10 for the St. Petersburg [...]
1 comment | tags: Contained, Drilling, Drops, Florida, Main Category, Oil, Oil spill, panhandle region, Spill, Support | posted in Politics
Aug
14
2010
The state of Alabama is suing BP and other companies for their roles in the disastrous Gulf oil spill, accusing them of damaging the state’s beaches and economy through “negligent or wanton failure to adhere to recognized industry standards.” Two lawsuits were filed late Thursday by Attorney General Troy King, one against BP and the [...]
no comments | tags: Alabama, Main Category, Oil, Oil spill, Spill, Sues, troy king | posted in Politics
Aug
9
2010
BP has made its first payment to the $20-billion fund that will compensate victims of the disastrous oil spill in the Gulf of Mexico. Bloomberg reported that BP deposited $3 billion Monday into the escrow account set up in June after executives of the oil giant met with President Obama at the White House. BP [...]
no comments | tags: Account, Billion, compensation, First, Main Category, Makes, Oil, Oil spill, Payment, Spill, spill compensation | posted in Politics
Jul
28
2010
BP said on Tuesday that it had set aside $32.2 billion to pay for the biggest offshore oil spill in United States history. But the company acknowledged that its costs might be much higher — especially if it was found grossly negligent, criminally liable or was faced with a huge jury award for punitive damages [...]
no comments | tags: Blueprint, Crisis, Emerging, Main Category, Oil spill, punitive damages | posted in financial