America doesn’t have to depend on overseas sources for one of its most vital national needs. A move toward energy independence, aside from creating as many as 14 million new jobs, can help rebuild our nation’s industrial base and provide one of the most stable and secure energy supplies in the world. Best of all, [...]
All quiet in the Gulf Friday. An oil platform fire that forced 13 workers to abandon the huge facility in the Gulf of Mexico Thursday was safely extinguished and there was no sign of oil in the water. Coast Guard Petty Officer Bill Colclough told the New Orleans Times-Picayune a helicopter flyover would double-check the [...]
All quiet in the Gulf Friday. An oil platform fire that forced 13 workers to abandon the huge facility in the Gulf of Mexico Thursday was safely extinguished and there was no sign of oil in the water. Coast Guard Petty Officer Bill Colclough told the New Orleans Times-Picayune a helicopter flyover would double-check the [...]
An apparent explosion at an offshore oil operation hit the Gulf of Mexico Thursday as a platform caught fire about 100 miles off the Louisiana coast. But this time there were no fatalities and no sign of oil in the ocean waters. All 13 crew members aboard the platform were rescued after they jumped into [...]
Korea National Oil will not consider raising its $2.6 billion hostile takeover offer for British oil explorer Dana Petroleum in return for management backing, K.N.O.C.’s chief executive said on Tuesday. “We believe our offer values Dana fairly and fully and have no plan to consider raising it,” K.N.O.C chief executive Kang Young-won told Reuters on [...]
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 [...]
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