All Posts Tagged With: "Oil"
Pentagon Will Not Tolerate Iran’s Disruption of Oil Route
Military officials from the Pentagon warned Iran not to disrupt oil shipments in the Persian Gulf as Iran threatened to interfere with the passageway. Pentagon spokesman George Little said that the Strait of Hormuz is a vital economic lifeline needed for the stability in the region. It is 34 miles wide and 20 percent of [...]
BP to Successfully Capture Some of the Leaking Oil
Three weeks of effort after effort to stop the oil “leak” have finally borne some results. Now we see those Gulf of Mexico BP workers, doing the victory dance sort of thing, because they successfully captured some of the leaking oil, by driving a mile long pipe beneath the surface. Success, however, didn’t come in [...]
Sarah Palin: Oil Spill Issue Should Not Let Us Hold Back
Former Alaska Governor – Sarah Palin is widely known for her outspoken gait and the level of confidence, with which she takes jabs at various political members of the senate. Recently, Palin said that although the American government is going through a hard time in coping with the recent oil spill issue, it shouldn’t be [...]
Obama: Authorities Failed to Cope with Massive Oil Spill
The massive oil spill in the Gulf of Mexico isn’t the only matter of concern for the Obama administration. There are tons of issues related to this incident and after a lot of pondering; President Obama stepped up to admit that the authorities failed in coping up with the issue. He also made it a [...]
Senate to Plan to Deal with Global Warming and Energy Crisis
Amidst bleak prospects, the Senate plan to deal with energy crisis and global warming was released recently. I have to appreciate Senator John Kerry and Joseph I. Lieberman for their efforts — well, at least they made a 987 page bill that contemplates the facts related to limited climate altering emissions, reduced oil imports and [...]
BP Hopes the Chamber Will Divert the flow of Oil
In related news, we mentioned earlier that a containment vessel was being lowered in the seabed to handle the recent oil spill problem. This chamber has been lowered into the Gulf of Mexico, amidst the strict restrictions against fishing. BP’s – Doug Suttles said that our company is positioning the 78 ton chamber – with [...]
It Is Revealed: Companies to Make Major Mistakes in Oil Spill Incident
In regards to the recent oil spill incident, Interior Secretary Ken Salazar – said that the companies involved in the whole process made some major mistakes back then. He passed this statement, after a meeting with some BP officials. The causes are still subject to investigation so Salazar didn’t say a lot about this incident. [...]
BP to Install a Shutoff Valve
In relation to the recent and tremendous oil spill incident, BP has been making preparations for the installation of a shutoff valve. This valve will be installed on one the three gushing leaks, off the Coast of New Orleans, as it is clear that the oil spill has gained the shape of a dangerous environmental [...]
Oil Spill Is Progressing
COCODRIE, La. — Environmental disasters are really something which can’t be dealt with so easily and nowadays the Gulf of Mexico is subject to a massive oil still that is still being taken care of right now. So far, the rough tides and strong winds are hindering the overall progress towards cleanup efforts and methods [...]
White House to Take Care of the Oil Spill
New Orleans – the response to the oil spill in the Gulf of Mexico is being dealt with an abrupt, but sound reaction from the White House. President Obama already deployed navy ships and military personnel to take care of the whole situation and also monitor the overall progress. This oil spill is one of [...]
As the shareholders in Germany opposes the re-election of Mr Flint as Chairman and Mr Gulliver CEO of HSBC Holdings ...
Since Obama seems to never know anything about any issue at any given time on any given subject from any ...
a one year high of $63.82? On May 15th?
What a nonsense, the shares were at $77.11!