Tag Gulf oil leak

Visit msnbc.com for breaking news, world news, and news about the economy Simmons’ company is considered the investment banker to the oil industry. He says the amount of oil in the giant plume is far greater than what’s coming out…

Congress just can’t seem to get it together to raise the liability cap for BP to $10 billion. The mere fact that Congress has been unable to accomplish something as politically obvious as asking companies like BP to pay more…

I am sorry. This is not simple Bot Fan churn. This one came out of the riser end, along with an all-around Ker-BOOM action. Everything went up. One noticed the pipe-end exploding, but then there was gack flying everywhere, all…

FDL A series of explosions appears to have collapsed the seafloor and blown up the BOP at the well head. Oil and gas are billowing out of a depression in the seafloor where the BOP used to be at an…

Louisiana officials threaten action if spill response proves inadequate Florida Gov. prepares legal action against Gulf oil spill US threatens BP with legal action Secretary of the Interior Ken Salazar said, “We are 33 days into this effort, and deadline…