Big Shot Tony Hayward goes yacht clubbing with his sleek racing sloop, the “Bob”, in the posh and prestigious J.P. Morgan Asset Management Round the Isle of Wight Race while the Gulf of Mexico dies from his gushing Macondo well.

Henry Waxman just put up a letter and a whole bunch of backup documents in preparation for a hearing with Tony Hayward Thursday. In it, he lists 5 shortcuts BP used in the days before the well explosion, all of them with real risks. But BP chose them to save money and time. Well Design. [...]

Apparently, the Brits are calling Americans–including President Obama–xenophobic for referring to the company shitting up our Gulf  as “British Petroleum.” So for this installment of my now-regular reflection on how, fifty-some years ago, we overthrew a democratically-elected government for that company shitting up our Gulf, I’m going to call it the Anglo-Iranian Oil Company. You [...]

As I’ve said before, one of the best ways to see the absurd nature of the relationship between our government and BP as they partner to try to fix BP’s disaster is to remember that fifty-some years ago, the CIA overthrew the democratically elected government of Iran because it had nationalized BP’s facilities. I invite [...]

A couple of interesting, tangentially related things happened today. First, in a bid to wall off the PR disaster of the Gulf spill from the rest of the company, BP has assigned someone–an American BP employee–to take charge of cleanup efforts. BP is to hive off its Gulf of Mexico oil spill operation to a [...]