Tag Gulf oil leak

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…

We’re not anti-British. We hate the banksters too

Excerpts from letter by John Napier, CEO of British insurance company RSA, to President Obama Please forgive this open letter but your comments towards BP and its CEO as reported here are coming across as somewhat prejudicial and personal. If…