Gov’t to issue new oil moratorium
Posted on 12. Jul, 2010 by Shera Crossan in Economy, Feedback, Health, Politics
The Obama administration will issue a new revised moratorium on offshore drilling Monday. Two administration officials have told The Associated Press of the plans. Both requested anonymity so as not to pre-empt the official announcement. Last week, a federal appeals court rejected the government’s effort to restore its initial offshore deepwater drilling moratorium, which halted [...]
‘Tiber discovery the deepest well ever drilled’
Posted on 02. Sep, 2009 by Shera Crossan in Business & Finance, Economy, Events, Feedback, Science and Technology, Shera Crossan, Top Stories
BP PLC (BP-N52.532.064.08%) has made another “giant” oil discovery in the deep waters of the Gulf of Mexico, confirming the region’s growing importance in the North America energy picture and providing further incentive for international oil companies to invest there. The British major, the largest oil producer in the Gulf of Mexico, said Wednesday it [...]
‘Rogue broker’ blamed for oil spike
Posted on 03. Jul, 2009 by Shera Crossan in Audio-Video, Business & Finance, Commentary, Economy, Feedback, Shera Crossan, Top Stories
PVM Oil Associates, the world’s largest over-the-counter oil brokerage, said on Thursday it had been the “victim of unauthorised trading”. The privately owned company said that as a result of the unauthorised trades it had been forced to close substantial volumes of futures contracts at a loss. Oil traders in London and New York said [...]
Kevin Phillips American Theocracy
Posted on 18. Jun, 2009 by Shera Crossan in Audio-Video, Business & Finance, Economy, Events, Foreign and Domestic Intelligence, Free Speech, Opinion, Politics, Real History, Shera Crossan
Kevin Phillips discusses American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century. Phillips predicted in 1969 that the growing populations of the South and West would build a stronger Republican Party and a more stable, orderly country. Four decades later, he is scathingly critical of the “erring [...]
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