Oil companies have a secret. Or rather, there's a crucial fact that they'd prefer you didn't know. Right now it's taken as gospel that America needs increasing amounts of oil, and that drilling here in the U.S. will help provide it.
Britain has launched its largest peacetime security operation ever for the Summer Olympics. Nearly 20,000 armed personnel are now providing security -- almost double the number of British troops currently serving in Afghanistan.
They make cruel but funny jokes about the latest dead celebrity. And they are not sentimental because they've heard and seen too much. Unlike in The Newsroom, the job they do is not accompanied by a gauzy sound track of emotional music. They want the truth.
Is it possible to cope with the immense dangers posed by the rapid consumption of the world's resources? In The Race for What's Left, Michael Klare claims that it is -- but only through a significant change in behavior.
The public should watch whether a potential settlement with BP includes these hidden tax subsidies. Any settlement amount will be substantially less than the headlines proclaim, unless the settlement prohibits a tax deduction.