Stories Tagged as
Oil
Senate could raise oil liability cap to $10 billion
Jun 9, 2010
The Senate Environment Committee holds a hearing today on whether to jack up liability caps for companies that cause oil spills.
Can BP CEO hang on to his job?
Jun 8, 2010
President Obama said if BP CEO Tony Hayward were working for him, he wouldn't have a job after some of the things he's said. Hayward has come under fire for several remarks, including saying "I'd like my life back." Stacey Vanek-Smith reports on why he still has a job and whether he will be able to keep it.
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Deepwater moratorium impacts Houston's energy economy
Jun 8, 2010
The six-month moratorium on deepwater drilling could have a huge impact on Houston's energy economy, which utilizes the Gulf of Mexico.
BP on the hook for billions in claims
Jun 7, 2010
Government officials met with BP to help set up an efficient way to pay people affected by the oil spill. The government's oil spill point-man, Thad Allen, said BP needs to be quicker and more regular about payments. The company's paid out nearly $50 million in claims so far. How many claims are there and who's filing? Stacey Vanek-Smith reports.
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BP containing about half the Gulf oil leak
Jun 7, 2010
BP is meeting some success with its latest containment method, while its live feed shows all.
Weekly Wrap Audio: BP's troubles
Jun 4, 2010
The Big Money's Heidi Moore and The Atlantic's Megan McArdle talk with Kai Ryssdal about how damaging it is to BP that two major ratings agencies downgraded its creditworthiness, and whether BP can survive the oil disaster.
Lawmakers want to make sure BP pays
Jun 4, 2010
Frustration over the BP oil spill is mounting -- both in the Gulf of Mexico and Washington. The worst oil spill in U.S. history has politicians scrambling to come up with more creative and dramatic punishments for BP and the oil industry. Brett Neely reports.
For public good, not for profit.
Is shallow Gulf oil drilling safer?
Jun 4, 2010
In the wake of the BP leak, the U.S. will soon order shallow water rigs in the Gulf of Mexico to temporarily shut down. Is shallow drilling safer?
The role of risk in BP's oil leak
Jun 3, 2010
New York Times columnist David Leonhardt talks with Kai Ryssdal about why the blowout of the Deepwater Horizon happened -- not the mechanics of it, but the human nature of it.
BP may have to sell assets to survive
Jun 3, 2010
Ratings agencies Moody's and Fitch downgraded BP's credit status by one notch and warned of further downgrades if BP doesn't stem the Gulf oil leak. Doubts about BP's future grow everyday. Some analysts say it may have to sell off its most prized assets to weather the storm. Stephen Beard reports.