by Heesun Wee FinanceYahoo.com Oily tar balls hit the sands of the Florida Panhandle Friday even as BP engineers adjusted a sophisticated cap over the Gulf of Mexico oil spill. The containment cap is the latest attempt to plug the worst oil spill in U.S. history, triggered when the Deepwater Horizon rig exploded April... »
Archive for June 5th, 2010
$6 to $8 Gas? Prices Will “Skyrocket” If U.S. Stops Drilling, Says Former Shell Exec
Oil from Gulf spill stains beaches and tourists as slick spreads
By Holbrook Mohr and Melissa Nelson, AP Writers AL.com June 05, 2010 PENSACOLA BEACH, Fla. — Driftwood and seashells glazed with rust-colored tar lined the surf along the Gulf Coast’s once-pristine white sand beaches Saturday, the crude from a busted oil well deep underwater showing up in greater quantities and farther east. A cap... »
Bad Jobs Data and Hungary Debt Crisis Triggers Market Failure
By: Anthony Cherniawski Market Oracle Jun 05, 2010 Employment Situation: Less than meets the eye. Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and... »
BP chief Tony Hayward sold shares weeks before oil spill
The chief executive of BP sold £1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse. By Jon Swaine and Robert Winnett TelegraphUK 05 Jun 2010 Tony Hayward cashed in about a third of his holding in the company one month before... »
Oil Clumps Hit Florida Beaches as BP Spill Endangers Tourism
By Kim Chipman and Mary Jane Credeur Bloomberg.com June 5 (Bloomberg) — Clumps of oil washed up on Pensacola Beach yesterday, as the state braced for damage to its tourism and fishing industries from the BP Plc oil spill in the Gulf of Mexico. About 120 people were working to clean up “hundreds, maybe... »
Latest Gulf oil spill forecast: Continued northeastward movement threatens Panhandle shorelines
AL.com June 05, 2010 NOAA nearshore surface oil forecast: Winds tonight (Friday) are forecast to be from the S at 15-20 kts, then be predominantly from the SSW/SW through Monday with speeds of 10-15 kts. These winds have resulted in northward movement of the slick towards the Mississippi/Alabama barrier islands. The westerly component of... »
Oil spill a ‘slow moving disaster’; Bay Area Food Bank meets rising needs
By Roy Hoffman AL.com June 05, 2010 The Bay Area Food Bank is expanding its mobile pantry program to reach out to people suffering from economic problems caused by the oil spill. Its pantry truck is scheduled to visit Bayou La Batre and Biloxi, on June 17 and June 22, respectively, partnering in both... »
Bilderbergers Green Light Attack On Iran
Paul Joseph Watson Prison Planet.com Saturday, June 5, 2010 The 2010 Bilderberg agenda has been revealed by veteran Bilderberg sleuth Jim Tucker and it paints a picture of crisis for the globalists, who are furious at the increased exposure their gatherings have received in recent years, as well as being dismayed at their failure... »
The Folly of Blindly Trusting the Government
By James Bovard CampaignForLiberty.com Democracy breeds gullibility. Lord Bryce observed in 1921, “State action became less distrusted the more the State itself was seen to be passing under popular control.” The rise of democracy made it much easier for politicians to convince people that government posed no threat, because they automatically controlled its actions.... »
CIA’s Favorite Newspaper Says: U.S. ‘secret war’ expands globally as Special Operations forces take larger role under Sociopaths
ReDactedNews.com Saturday, June 5, 2010 “… Special Operations commanders have also become a far more regular presence at the White House than they were under George W. Bush’s administration…’We have a lot more access,’ a second military official said. ‘They are talking publicly much less but they are acting more. They are willing to... »