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Controversial Book On Obama Appears To Have Lifted Key Quote
ExxonMobil
BP Death Watch: Exxon Moving In?
By Paul Wachter - AOL NewsBP's stock was pushed upward Monday in London trading, with optimistic news on it's latest attempt to cap the well in the Gulf of Mexico. But the real stock driver may not be as good news for the company, at least as it's currently defined. There's "speculation that BP could be facing a hostile takeover from a rival firm, which has also helped push BP shares higher," reports the British Guardian. And "the Obama administration has told ExxonMobil -- the world's largest oil firm -- that it would not stand in the way of a takeover bid for the stricken British rival." For the past few weeks, ...
Congress Slams Big Oil Executives: 'The Free Ride Stops Today'
By Patricia Murphy - Politics DailyHouse Democrats wasted no time Tuesday in accusing five of the largest oil companies in the country of being completely unprepared to respond to a spill like the one tarring hundreds of square miles of the Gulf of Mexico. During a congressional hearing, Democrats also called for new regulation of oil and gas drilling and comprehensive climate change legislation to wean Americans off of foreign oil, and to seek the resignation of Lamar McKay, the chief executive of BP America. Republicans accused Democrats of using the gulf disaster to pass unrelated pet projects and asked why the hearing ...
Rep. John Carter Finds His Missing $300,000 in Exxon Profits
By Joann M. Weiner - Politics DailyHypocrisy is a cheap commodity in Washington. Texas Republican John Carter is the latest member of Congress to accuse a fellow member of wrongdoing while being guilty of essentially the same offense. After initially denying that he had a problem, Carter admitted that he had failed to disclose almost $300,000 in profits from sales of Exxon stock in 2006 and 2007, Roll Call reported last week. Carter's lapse appears to involve a failure to report income rather than a failure to report taxes. ...
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