Posts tagged “BP”

Realizing the worst with the Gulf oil spill

If the oil well blowout in the Gulf of Mexico can’t be contained, it could leak half a billion barrels of oil into the ocean. By comparison, the Exxon Valdez leaked about 11 million barrels of oil. Wow. Matthew Simmons, former chairman of energy industry investment bank Simmons and Company sounds the alarm bells: “This isn’t [...]