Friday, July 30, 2010

Gulf oil spill exaggerated ?

BP says it has plugged the oil well in the Gulf of Mexico, but the controversy continues. There's a heated debate over just how bad the spill will affect the environment. Some scientists believe the aftermath will be felt for decades, while others say the oil's already rapidly dispersing. Michael Grunwald from Time Magazine says the problem's being exaggerated.

Thursday, July 29, 2010

Oil Spill Threatens Lake Michigan

Canadian oil pipeline leaking into major river connected to key water source

BP new CEO says Focus will be on restoring reputation

CNBC apos;s Maria Bartiromo spoke to the incoming CEO on the issue wherein he said the focus right now is on restoring reputation of BP.

OIL & GAS MARKET