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Tag Archives | oil

News Desk: Islamists in Algiers Take Hostages at Gas Field, Including Americans.

“By all indications this is a terrorist act…” – Secretary of Defense Leon Panetta THE REPORT comes from CNN and has been confirmed by BP. Islamists angry over Algiers’ support for the French offensive in Mali attacked an Algerian gas field, caused casualties and seized more than 40 foreign hostages, North African media outlets reported [...]

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Showbiz Beat: Larry Hagman Passes, Made “J.R.” an ’80s Icon

In his memoir, Hello Darlin’, Mr. Hagman said, “Ronald Reagan was campaigning against Jimmy Carter, American hostages were being held in Iran, Polish shipyard workers were on strike, and all anyone wanted to know was, who shot J.R.?” [Dallas News] NO ONE represented the good old excess of the 1980s better than “J.R. Ewing” in [...]

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What’s Next for BP After Felonious Gulf Coast Catastrophe?

BLOOMBERG BUSINESS has a blaring headline and article reporting that the 103-year-old British oil company, founded as an Anglo-Persian venture in 1909, is now seen as a takeover target. A.G. Holder announced BP’s guilty plea to 14 criminal charges and the responsibility of the deaths of 11 crew members last Thursday. Today, in U.S. District [...]

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News Desk — Watchdog Group: Syria Rebels Seize Oilfield as Blast Rocks Damascus

Syria rebels seize oilfield as blast rocks Damascus (via AFP) Rebels seized a major oilfield and shot down a warplane in eastern Syria Sunday, a watchdog said, notching up new battlefield successes even as the main opposition met in Qatar under US pressure for a makeover. The rebel advances in the eastern province of Deir [...]

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News Desk: Romney on Romney

MITT ROMNEY makes his case in a CNN op-ed, as did President Obama as well. Romney manages to hit Obama on a mythical “war on coal,” while getting a dig in against unions, too, trumpeting “free trade” like all national candidates do. Together with Paul Ryan, I’ve put forward an economic recovery plan consisting of [...]

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Mayor Michael Bloomberg Nails Mitt Romney’s Problem in Obama Endorsement

ENDORSEMENTS DON’T impress me much, as you likely know by now. However, when an endorsement includes the resounding reason why one candidate likely won’t be elected, while both positing the “what if?” question before Election Day, as well as the dissatisfaction with the current Oval Office occupant, it’s worth noting. New York City Mayor Michael [...]

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Bush Architect of Katrina Response Disaster Criticizes Obama for Acting Too Quickly on Sandy

NO, THIS isn’t a headline from The Onion. It’s George W. Bush’s former FEMA Director Michael “Heck of a Job” Brownie reminding American voters what happens when a Republican sits in the Oval Office and a catastrophe strikes. Barack Obama has completely ignored climate change, but let’s not pretend that Mitt Romney isn’t being bankrolled [...]

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Gov. Chris Christie: “The President has been All Over this and Deserves Great Credit”

Visit NBCNews.com for breaking news, world news, and news about the economy HE IS not just a candidate for reelection, he is the President of the United States doing his job. The comments from Governor Chris Christie say it all. “The federal government’s response has been great. I was on the phone at midnight again [...]

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Secy. Clinton on Energy Diplomacy in the 21st Century [Video, Full Remarks]

THE SPEECH was given on Thursday at Georgetown University in Washington, D.C. It is an education for those not knowing or understanding the breadth of diplomacy’s reach. Full remarks: Thank you. Well, it is wonderful to be back here at Georgetown and in one of the most beautiful venues not only in Washington but anywhere, [...]

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News Desk: Tanks in the Streets, as Chavez Wins Reelection [Video]

THE OPPOSITION is alleging Chavez used state-controlled media to win and that his powerful oil interests buoyed him. Fighting for his political life, President Hugo Chavez overcame a vigorous challenge by Henrique Capriles in Sunday’s presidential election, receiving another six-year term that will give the populist firebrand the opportunity to complete the consolidation of what [...]

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UPDATED Texas Blockade of Tar Sands Continues Despite Use of Pepper Spray, Tasers (VIDEO)

UPDATE on Blockader Locks to Underground Capsule to Protect a Family Farm at end. The efforts to stop the construction of the Keystone / Tar Sands pipeline in East Texas continue. Before a few details, a reminder that this project is supported by both Obama and Romney. From FDL: ‘ … I’m directing my administration [...]

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News Desk: Record Arctic Sea Ice Loss Recorded by NASA

The record loss of Arctic sea ice this summer will echo throughout the weather patterns affecting the U.S. and Europe this winter, climate scientists said on Wednesday, since added heat in the Arctic influences the jet stream and may make extreme weather and climate events more likely. [Climate Central] THE MOST deceptively destructive force unfolding [...]

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Top Story: U.S. Confronts BP on Gulf Disaster in Court Documents Citing “Gross Negligence and Willful Misconduct”

The U.S. Justice Department is ramping up its rhetoric against BP PLC for the massive 2010 oil spill in the Gulf of Mexico, describing in new court papers examples of what it calls “gross negligence and willful misconduct.” The court filing is the sharpest position yet taken by the U.S. government as it seeks to [...]

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Romney Versus Obama on the Environment: Marauder or Fracker?

ROMNEY RELEASED a document outlining the Romney-Ryan energy plan. This was revealing: North America is the fastest-growing oil and gas producing region in the world, and the continent now has an opportunity to achieve freedom from OPEC that would not have even been contemplated just ten years ago. Unfortunately, President Obama has chosen to turn [...]

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Iraq Denies New York Times Report that It’s Helping Iran Skirt Sanctions

Iraq insisted on Monday that its trade with neighbouring Iran was above board, and denied reports that it was helping the Islamic republic skirt sanctions by smuggling oil and secretly moving cash. [AFP] ON MONDAY, Iraq officially denied they were aiding Iran in ducking sanctions. Ali al-Moussawi, Prime Minister Nuri al-Maliki’s media advisor, spoke with [...]

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