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Policy & Enforcement Briefing: BP Gross Negligence Alleged, Democratic Platform, Petroleum Loan

The Justice Department has outlined in new court papers examples of gross negligence and willful misconduct on the part of BP for the 2010 oil spill in the Gulf. Gross negligence is the most prominent issue in the filing, with the case scheduled for trial in New Orleans in January 2013. … Read more »

Isaac Pushes Gas Prices Up, Oil Companies Return to Offshore Rigs

Isaac Pushes Gas Prices Up, Oil Companies Return to Offshore Rigs

Most offshore oil and gas operators have returned to platforms and rigs in the Gulf of Mexico, restoring production following Hurricane Isaac, a slow-moving storm that caused more than one million power outages in Louisiana, Arkansas and Mississippi, pushed gas prices up more than 20 cents, and brought slight relief … Read more »