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Gulf Oil Spill and the Changing Energy Equation

The explosion of the Deepwater Horizon oil rig and subsequent oil spill in the Gulf of Mexico has critical implications for the energy industry. In response to the spill, the federal government and Congress are rewriting the rule book on offshore oil and gas production. These new rules will change the way the US produces, transports and consumes energy. The Obama administration issued a six-month moratorium…

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Circle of Blame: Oil Industry Executives Shift Blame in Congressional Testimony

Congress today heard testimony from executives of the three companies involved in the explosion of the Deepwater Horizon drilling platform in the Gulf of Mexico and the ruptured well-head gushing oil even now, weeks later, at the bottom of 5000 feet of ocean. The event unfolds in slow motion before our eyes, in quiet desperation, we watch as oil spreads…

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