The length of a U.S. moratorium on deep-water oil drilling will be decided by the Interior Department, not the presidential commission investigating the BP Plc spill in the Gulf of Mexico, the panel’s co-chairman said.
Republicans and Democrats are planning to sit together during President Barack Obama ’s State of the Union address tomorrow night. That might minimize the raucous high school-like cheering sections that have come to mark these sessions.
President Barack Obama ’s commission investigating BP Plc ’s Gulf of Mexico oil spill hired Fred Bartlit , the lawyer who represented former President George W. Bush in the 2000 election dispute, as lead counsel, according to a person with knowledge of the decision.
The congressionally appointed panel assigned to probe the origins of the 2008 credit crisis heaped blame on “reckless” Wall Street firms and “weak” federal regulators, concluding the meltdown could have been avoided.
President Barack Obama should have consulted with more advisers on science and the environment before backing expanded offshore oil drilling, the heads of a panel investigating BP Plc ’s Gulf of Mexico spill said.
President Barack Obama ’s moratorium on deep-water drilling is no longer needed because new rules reduce the risk of an uncontrolled spill, according to a report for a panel investigating BP Plc ’s blowout.