spill

The House passed a oil spill reform bill that would increase regulations on big oil after the BP oil spill. Included in the bill is an end to the Federal moratorium on deep sea drilling for companies that meet new safety requirements. The Senate has a similar bill on the table, without the...

As BP continues to deal with the oil spill in the gulf, pressure has increased for both the company as well as the White House. Today, President Obama pledged to push an energy bill that would reduce tax breaks for oil companies among other things. He also stressed clean energy alternatives as...

Reuters has an interesting round-up piece on the potential effects of the recent oil spill in the Gulf coast. The oil spill, which was caused by a damaged BP rig, has already let out thousands of barrels of oil and continues to do so. This could lead to a reduction in offshore drilling support...