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Deep Water Drilling

18 Months Later: Drilling Deeper Than Ever

AP | JONATHAN FAHEY | Posted 02.29.2012 | Green

ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) — Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deep...

Alex Wagner

Apple vs. Exxon: The Triumph of Tech Over Oil? Not So Fast | Alex Wagner | Posted 10.11.2011 | Business

As Apple overtook Exxon Mobil this week as the most valuable company in the U.S., tech analysts were crowing about the striking turnaround of a compan...

Sam Stein

Gulf Deepwater Drilling Resumes Without Changes To Spill Liability | Sam Stein | Posted 05.25.2011 | Green

WASHINGTON -- As deepwater drilling returns from a months-long hiatus in the Gulf of Mexico, the protections that Congress drew up to help victims of ...

Restraining the Profit Itch

Robert Koehler | Posted 05.25.2011 | Politics
Robert Koehler

The gap between the diffuse human yearning for a decent world and the organized agenda of the corporatocracy has never, in my lifetime, been wider.

A Knockout Blow to Gulf Production

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

Whether Hurricane Alex hits the Gulf oil spill or not, it's only a matter of time before one will. In case you'd forgotten, blow-outs of deep-water wells aren't the only strike against Gulf of Mexico oil production.

Insuring the Flow of Oil

Reese Schonfeld | Posted 05.25.2011 | Business
Reese Schonfeld

Catastrophe lies within the province of the insurance industry, and I propose that the federal or state governments demand insurance coverage of all deep water drilling.

BP Plans to Move Ahead with Offshore Oil Drilling in Arctic

Alaska Dispatch News | Posted 05.25.2011 | Green
Alaska Dispatch News

This fall, BP wil use a high-tech drill from a gravel island in the Beaufort Sea, it plans to reach two miles deep, turn and bore another six to eight miles horizontally to tap an oil reservoir in federal waters.

A Moratorium on Supply Growth

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

President Obama's recently announced moratorium on deep-water drilling in the Gulf of Mexico is effectively a freeze on growth in US oil production. A...