House Speaker John Boehner was in his Ohio district yesterday, and told ABC News “I don’t think the big oil companies need to have the oil depletion allowances, but for small, independent, oil and gas producers, if they didn’t have this, there’d be even less exploration in America than there is today.”
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“I became a villain for doing the right thing,” BP chief Tony Hayward said this July in a huge interview, in which he intermittently spoke in the third person, and disclosed that in London strangers send over glasses of brandy to his table. Following suit, successor Bob Dudley complained this month that BP Read More
State Comptroller Tom DiNapoli is going after the less-than-loved oil giant BP.
DiNapoli announced this morning that his office would seek to be a lead plaintiff in a class action lawsuit against BP. The office recently estimated that the state pension fund, which owns BP stock, lost about $30 million in value on account of Read More