Oil & Gas Prices

"Obama Chickens Out on Energy," a disgusted Ben Adler argued to Newsweek's The Gaggle blog readers this morning.Adler's chief complaint with last night's Oval Office address: Obama didn't call for massive tax hikes to push Americans to make more politically correct spending choices.The Newsweek writer -- formerly a self-styled "propagandist" for the liberal Center for American Progress -- avoided…

Minnesota Republican Rep. Michele Bachmann isn't exactly known for her reticence on the news of the day. And when it comes to the White House's handling of the BP oil spill disaster, Bachmann had some harsh words for President Barack Obama. Speaking at the June 25 Bloggers Briefing at the Heritage Foundation, Bachmann pointed out how she thought it was peculiar that all the comments coming out…

With the federal government - both on Capitol Hill and in the White House - beginning to take investigative and punitive action against BP (NYSE:BP), the future of the company, at least in the United States, is in peril. On CNBC's June 14 "The Kudlow Report," John Kilduff, a CNBC contributor and the vice president of MF Global was asked by host Larry Kudlow about a potential debarment from…

Chris Matthews on Friday got himself marvelously smacked down by a Louisiana Congressman.In an at times heated discussion about energy policy with Reps. Debbie Wasserman Schultz (D-Fla.) and Steve Scalise (R-La.), the "Hardball" host continually bashed the GOP."The smartest move for your party is to screw things up for the next couple of years, right through November, get the country completely…

Bill Maher on Friday compared Americans working for oil companies to the vermin creating and distributing child pornography.In the "New Rules" segment of his "Real Time" program, the HBO host concluded with a discussion about the "murderous, hateful" oil industry."You know, it's Washington gospel that jobs in the private sector are better than government jobs," said Maher."But oil jobs are…

Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball. Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street…

We all know the BP oil spill is a huge mess. It's going to be costly to clean up - but just how much? And while some outspoken critics are calling for BP to eliminate its dividend, they probably aren't realizing the residual effects. On the June 10 broadcast of Fox Business Network's "Bulls & Bears," Fadel Gheit, a senior analyst at Oppenheimer & Co., offered a huge estimate. But, he…

The National Center for Atmospheric Research believes that oil from the leaking deep water rig in the Gulf of Mexico could impact much of America's East Coast by summer.As reported by the University Corporation for Atmospheric Research Thursday, scientists using a detailed computer modeling program have created a video image of what they feel is possible in the coming months."'I've had a lot of…

It was bound to happen and no one can really blame them for doing so, but someone eventually had to determine who the political winners and losers are for the tragic circumstances surrounding the BP Gulf of Mexico oil spill. Looking forward to the upcoming election cycle, MSNBC "Morning Joe" host Joe Scarborough determined the time was right to take a stab at it, although reluctantly on his…

If you think government has all the answers, you'll certainly approve of this call. Former Clinton Secretary of Labor and CNBC contributor Robert Reich has determined it's time for President Barack Obama to seize the reigns of control from BP (NYSE:BP) and put the North American operations of the company into a "temporary receivership." He told host Michelle Caruso-Cabrera on CNBC's June 1…

CNN founder Ted Turner, who thinks Christianity is a "religion for losers," apparently believes that the Gulf oil spill could actually be God sending us a message that drilling for oil is bad. Will media liberals read him the riot act as they have Sarah Palin for making similar claims?"I'm just wondering if God's telling us he doesn't want us to drill offshore," Turner told a CNN interviewer.…

After making a fool out of himself going up against George Will on last Sunday's "This Week," Bill Maher dug an even deeper hole five days later trying to strike back at the well-known columnist with a peculiar blend of falsehoods and Bill Clinton.As NewsBusters previously reported, Maher was humiliated on national television last week when he errantly claimed Brazil was "off oil" only to be…

Usually, the crazy rantings of MSNBC host Keith Olbermann can be dismissed as the norm and easily ignored. But on May 5, Olbermann gave a glimpse of an obsession with former Vice President Dick Cheney - a man that has been out of office for 471 days - that was just too bizarre to let go.  Although Olbermann didn't outright absolve the Obama administration for not responding quick enough to the…

Reacting to news the Obama administration wants to postpone a vote on “Cap and Trade” in favor of immigration reform, on Sunday’s Face the Nation New York Times columnist Tom Friedman despaired: “This is a disaster...This is a travesty. Basically, we were about to send the first bi-partisan legislation for radical move toward more green energy, more green jobs and putting a price on carbon...”Now…