Month June 2010

Obama’s Oval Office speech

Well, there was nothing new in it. He’s sticking to the party line that the relief wells will work and even said current efforts when done will capture 90% of the leak, which is certainly optimistic. Then he spent considerable…

Matt Simmons: Dr. Doom of the Gulf oil leak

He’s continuing to say the relief well will fail, an undersea oil lake may cover 40% of Gulf, there’s a massive leak at the well head, and BP will go bankrupt with the stock falling to zero. TheStreet.com is saying…