Tuesday, June 15, 2010

Nuclear Device Only Option to Stop Oil Leak Says Simmons founder of the Ocean Energy Institute

Bloomberg — Matthew Simmons, founder of the Ocean Energy Institute, talks with Bloomberg's Lori Rothman about BP Plc's oil leak in the Gulf of Mexico and his view that the use of a "small-bore nuclear device" is now the "only option" to stop the flow of oil.

Monday, June 14, 2010

Oil spill forces drilling rethink

The massive oil spill in the Gulf of Mexico has caused widespread economic damage in several US states, including Florida which has reported a serious dip in its crucial tourist industry.

As oil tarballs wash up on the shores of some Florida beaches, the disaster has caused many people who once favoured off shore oil drilling to have a change of heart.

Al Jazeera's Tom Ackerman reports. (June 15, 2010)

Oil Spill Reaches Florida Coast

June 14, 2010 — FBN's Adam Shapiro on BPs efforts to contain the oil spill.



OIL & GAS MARKET