Back in April of 2010, the Deepwater Horizon burst into flames and sank into the sea. For months, clean-up crews worked to contain the oil that spewed out at a rapid rate. In early May, President Obama announced that no additional deepwater drilling efforts would commence until measures to prevent the recurrence of this type of disaster were in place. Well, last October, the U.S. Secretary of the Interior, Ken Salazar, announced that deepwater drilling would resume.
In response to BP's catastrophic oil spill in the Gulf of Mexico, President Barack Obama immediately placed a six-month moratorium on deep-water drilling efforts, a move which affected 33 deep-water drilling projects. While many people initially applauded Obama's decision, public sentiment in the U.S. has now changed. The numbers from a recent Bloomberg National Poll paint a vivid picture of American desires to continue extracting the black gold from under the sea bed despite the accident that t
The John McCain presidential campaign has started running a new TV ad in Michigan that simultaneously tries to pander to everyone. Earlier this year, while campaigning in the primaries, he told voters in Michigan and Ohio that "those (manufacturing) jobs aren't coming back." In that bygone era of six months ago, McCain was opposed to any kind of protection for American businesses from free trade policies. Now the new ad proclaims support for federal loans to help automakers re-tool to build more
With the threat of a President Bush veto looming overhead, Congressional Democrats are letting the ban on offshore drilling expire next week. The hot button topic has been debated since Mr. Bush lifted the presidential ban back in July, leaving only House Democrats to stand between big oil and U.S. shorelines. Democrats countered that the environment was more important than expensive gasoline, and although Dems have a majority in both the House and Senate, they don't have enough votes to trump a
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models