Some Perspective…BP Set to Announce 5 Billion Dollar Profit in 2nd Quarter

From the Telegraph: This week is likely to see the start of BP’s fightback, beginning with the announcement of $5bn in profits for the second quarter of 2010 and the resignation of Hayward – a symbolic break with the steady drip of bad news that has bombarded the company since April 20. While I do understand the necessity of British Petroleum staying afloat so they … Continue reading Some Perspective…BP Set to Announce 5 Billion Dollar Profit in 2nd Quarter

Yes, there is now oil in Lake Pontchartrain

Despite all the Corexit, all the booms (skimmers?) everything that BP and Obama says they are doing in the Gulf of Mexico, the oil has now reached Lake Pontchartrain…well, this brings a whole new reality to the city of New Orleans. Take a look at the map to the right and realize how far that oil had to travel to get there, if there were … Continue reading Yes, there is now oil in Lake Pontchartrain