Loren C. Steffy's Blog, page 37
September 7, 2012
More political rhetoric on energy, the Democrat version
President Obama's speech to the Democratic convention touched on some familiar energy themes, but they reinforce an unrealistic view of imminent energy challenges.
Weak jobs report adds sobering footnote to Obama’s DNC speech
A grim jobs report undercuts the political rhetoric of the conventions with a reminder that the labor market is stagnating.
What I’m reading with my morning coffee | 9.7.12
Forecast of modest U.S. job gains may not lift Obama. Predictions indicate tepid growth with unemployment hovering at about 8.3 percent. U.S. energy independence: what could go wrong? Plenty, as former Shell President John Hofmeister points out. Oil from BP spill uncovered by Hurricane Isaac. Storm churned up painful reminders of the disaster. No joke: Read More
September 5, 2012
Feds detail gross negligence allegations in BP spill
A scathing memo filed last week outlines the Justice Department's strategy against the British oil giant in more detail.
What I’m reading with my morning coffee | 9.5.12
U.S. accuses BP of gross negligence in Deepwater Horizon disaster. A court filing outlines the arguments the government plans to make against the British oil giant. Bankruptcy judge throws out American Airlines’ pilot contract. The decision allows the airline to cut pay for 7,500 pilots. TPC bid seen rising as options traders bet on $5 Read More
September 4, 2012
BP’s Tony Hayward is back in the oil game
What doomed Hayward was that he was a creature of BP's corporate culture.
What I’m reading with my morning coffee | 9.4.12
Xerox eyed in Texas Medicaid probe. Did the company play a role in helping dentists over bill the system for millions of dollars? NASA helps hatch robots for drilling oil without humans. What the Mars rover has to offer the energy industry. Tony Hayward gets his life back. The former BP chief returns to the Read More
August 29, 2012
Americans hate oil companies more than the government, poll finds
Topping the list of most-hated industries isn't likely to ease oil companies' persecution complex.
Isaac’s landfall latest rationale for possible release from petroleum reserves
Even as fears of Hurricane Isaac's impact on energy production ease, the administration is ramping up talk of tapping petroleum reserves.
August 28, 2012
What the election could mean for tax rates
A look at tax rates alone may not tell the whole story.
