Posts tagged BP

Pundits panned Obama’s speech, but Richard Wolffe reports the White House is taking comfort in research that suggests swing voters liked it, want a bill passed—and see Republicans as the obstacle. The pundits largely panned President Obama’s first Oval Office address, devoted to amping up... [+]

Hey there, Americans! I’m sure, by now, many of you have had some time to reflect on the massive, unfolding Deepwater Horizon oil disaster and thought to yourselves, “My, that really is a terrible, apocalyptic cock-up!” But have you gone so far as to think... [+]

It was a bad day for most stocks today, but it was a bloodbath for embattled oil giant BP. Shares of BP dived 16 percent today, driving the stock price to below $30 per share, the worst drop on record for the company. The British... [+]

The government’s point man on the Gulf oil spill calls it “an insidious enemy that’s attacking our shores” and “holding the Gulf hostage.” Coast Guard Adm. Thad Allen tells CNN’s “State of the Union” that there is some progress in containing the leaking well, but... [+]

The oil company had indicated that it could stem the flow of oil on Tuesday by trying a procedure known as a top kill, in which heavy fluid would be pumped into the well. But on Monday morning the company’s chief operating officer said the... [+]

Kentucky’s Republican Senate candidate Rand Paul is criticizing President Barack Obama’s handling of the gulf oil debacle as putting “his boot heel on the throat of BP.” Paul says Obama’s criticism of the oil company sounds like an attack on business and “really un-American.” In... [+]

A day that started with optimism from the site of the Gulf oil disaster quickly shifted to one of recriminations by lawmakers and word that President Barack Obama would appoint an independent commission to investigate. On top of all that, the retirement of the federal... [+]