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  • "When you consider the risk that offshore drilling poses to our coastal economies and environment, the current cap on oil-company liability is just a spit in the ocean that does nothing to hold them accountable," said Sen. Frank Lautenberg D-N.J. one of the chief advocates of eliminating a cap on economic-damage liability for oil companies.

    Gulf Deepwater Drilling Resumes Without Changes To Spill Liability

  • To make matters worse, the drive into deeper and riskier Gulf waters occurred in a context in which our watchdog agencies were defanged and compromised, creating an atmosphere in which oil-company engineers sometimes penciled in their own responses to inspection forms.

    Peter Lehner: Six Months After the Spill, What We Still Need to Do to Prevent Another Disaster

  • Journal Community "We have to choose priorities and right now we have a huge budget deficit," Sen. Chuck Schumer D., N.Y. said during the hearing, before turning to ConocoPhillips Chief Executive James Mulva and challenging him to explain a Conoco news release that labeled as "un-American" the Democratic proposal to curtail oil-company tax breaks.

    Oil Chiefs, Senators Play to Type at Hearing

  • Under the system federal law has set up for oil-spill responses, government and oil-company officials are supposed to work together.

    Exxon Gets Deadline to Clean Up Montana Spill

  • Surging gasoline prices have triggered another energy brawl between the White House and congressional Republicans, this time over oil-company tax breaks, as both sides try to skirt voter blame for the increasing pain at the pump.

    Gas Price Surge Triggers Political Brawl

  • So much for the crafting of jokes about smoked salmon and oil-company profits that were meant to lighten the mood.

    State of the Union? Hyperwired

  • After all, lawmakers have made time in recent years to summon before the television cameras everyone from baseball players and oil-company executives to auto makers and mortgage lenders.

    Congress Should Investigate Lawyers

  • Generally speaking, I don't like to buy anything after a sudden unexpected event and consequent run-up in prices, but the recent rise in the prices of oil-company stocks strikes me as relatively restrained especially for companies with exposure to Libya, like Marathon Oil and ConocoPhillips , whose shares I own.

    Why Oil Stocks Still Have Legs

  • Without higher prices, further gains for oil-company valuations will have to come from elsewhere.

    Saudi Aims Put Focus on Oil Majors' Costs

  • He said Brazil's toughness may backfire by cooling oil-company interest for working in Brazil, while creating a false expectation that Brazil's massive foray into ultradeep water will be accident free.

    Chevron Raps Brazil's Spill Response


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