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FACT CHECK: More US drilling didn't drop gas price

Gas Prices

It's the political cure-all for high gas prices: Drill here, drill now. But more U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show....

 

Oil companies investigate report of sheen in Gulf

A new oil sheen was spotted in the Gulf of Mexico, although energy company BP said Thursday the discovery had nothing to do with its operations and was far from the site of its disaster-hit Macondo well.

 

U.S.: 3,500 unused Gulf wells must be plugged

Energy companies in the Gulf of Mexico will have to permanently plug nearly 3,500 nonproducing wells and dismantle about 650 unused platforms, the Obama administration says.

 

Feds: Well Needs Tests Before Permanent Plug

Federal official calls for additional pressure tests before he will give the OK to finish drilling a relief well intended to help plug BP's runaway well for goodGulf Oil Gone?

 

NOAA: Oil is degrading quickly

Spill from blowout is degrading rapidly in warm waters, becoming tougher to find, director says.

 

BP set to begin Libyan drilling

BP is set to begin drilling off Libya amid safety concerns over the Gulf of Mexico spill and accusations over the Lockerbie bomber.

 

Gulf oil well cap appears successful

Gulf oil well cap appears successful

Engineers fighting the Gulf oil spill are confident that the cap over the well is strong enough that they may be able to plug it up soon.

 

Oil flows freely as BP works to replace cap

Oil flows freely as BP works to replace cap

BP said today its attempt to place a new cap on its ruptured undersea well was proceeding as planned. But while robots replace the old cap, crude is flowing freely.

 

BP Executive Prepares to Take Over Spill Response

BP Executive Prepares to Take Over Spill Response

Robert Dudley, who will take charge of BP’s spill response, has plenty of experience dealing with a hostile government, unhappy partners and angry citizens.

 

BP's Tony Hayward: Gulf oil spill 'never should have happened'

BP's Tony Hayward: Gulf oil spill 'never should have happened'

In prepared testimony before a House panel that is expected to question him harshly Thursday, BP chief executive Tony Hayward says the oil spill disaster in the Gulf of Mexico "never should have happened" and has left him ...

 

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