BP is warning Congress that if lawmakers pass legislation that bars the company from getting new offshore drilling permits, it may not have the money to pay for all the damages caused by its oil spill in the Gulf of Mexico.
The company says a ban would also imperil the ambitious Gulf Coast restoration efforts that officials want the company to voluntarily support.
BP executives insist that they have not backed away from their commitment to the White House to set aside $20 billion in an escrow fund over the next four years to pay damage claims and government penalties stemming from the April 20 explosion of the Deepwater Horizon drilling rig. The explosion killed 11 workers and spewed millions of barrels of oil into the gulf.
As health care costs continue their relentless climb, companies are increasingly passing on higher premium costs to workers. The shift is occurring, policy analysts and others say, as employers feel more pressure from the weak economy and the threat of even more expensive coverage under the new health care law.
A drug taken by more than a million people with osteoporosis could double their risk of developing cancer of the oesophagus, according to a study published today. Those who have taken oral bisphosphonates for five years or more are twice as likely to develop the cancer than those who have not, the analysis of medical records found.
There is no place for God in theories on the creation of the Universe, Professor Stephen Hawking has said. He had previously argued belief in a creator was not incompatible with science but in a new book, he concludes the Big Bang was an inevitable consequence of the laws of physics.
"The problem with this war for, I think, many Americans is that the premise on which we justified going to war proved not to be valid, that is Saddam having weapons of mass destruction," Defense Secretary Robert Gates told reporters as he hopped from one stripped-down U.S. military base to another greeting American troops.
Lies aren't used just to start wars, but also to escalate them, continue them, and even reduce or end them. And we got a pile of war lies from the president Tuesday evening.
Have you ever noticed why the media deliberately, methodically and systematically avoids the 'population equation'? Why do they avoid, evade, ignore and suppress the core cause of water shortages, air pollution and a litany of our problems? Their own kids will be 'drowning' in the consequences, yet they steadfastly will not interview anyone that talks about overpopulation.
Here’s a news flash for Tel Aviv: it’s not a sign of respect when the bulk of humanity views you as psychopathic.
