The BP CEO may be on his way to getting his life back.
Oil Spill
This Week in Internet Trends
TIME’s Dan Fletcher and Steve Snyder break down this week in Internet trends, including Touchdown Jesus and the latest fast-food abomination.
Quotes: Medvedev on the Breakup of BP
“What I know is that BP will have to pay a lot of money this year.”
— DMITRY MEDVEDEV, president of Russia, assessing the state of BP. BP is the largest foreign investor in Russian oil. (via the Wall Street Journal)
After Joe Barton’s Gaffe, Dems Turn to Facebook Fundraising
A host of both Republicans and Democrats disliked the Texas Congressman’s apology to BP CEO Tony Hayward. Now, Democratic fundraisers have turned to Facebook, ready to cash in on the outrage.
Was Obama’s Oil Speech Too Smart for the ‘Small People?’
That’s the curious conclusion of a language analyst who says the President’s comments Tuesday night, written to a 9.8 grade level, went way over the head of most viewers. (via CNN)
Quotes: Tony Hayward Before Congress
“I’m not stonewalling. I simply was not involved in the decision making process.”
— BP CEO Tony Hayward after being grilled by House Committee Chairman Rep. Henry Waxman on the failure of preventative measures of the Deepwater …
Quotes: Tony Hayward in Advance of Congressional Testimony
“The explosion and fire aboard the Deepwater Horizon and the resulting oil spill in the Gulf of Mexico never should have happened — and I am deeply sorry that they did,”
— TONY HAYWARD, CEO of BP, in a prepared statement in …
Politicians Stung by BP’s Stock Struggles
The oil spill has crippled BP’s stock, as it hovered near a 14-year low of $30 on Wednesday morning. Which Washington faces have/had investments in the oil company?
Report: BP to Set Aside Billions for Oil Spill Relief
After top BP officials met with the Obama administration in Washington, a senior government official told CNN that the company plans to set aside $20 billion to pay oil-spill claims. (via CNN)
YouTube User Rescues Oil-Soaked Bird From Spill
BP might be trying its damnedest to contain the media, but YouTube videos can easily get around the blitz. And this one is pretty cool.
Jon Stewart Skewers Obama Over Campaign Promises
Just before Barack Obama took to the air for his first Oval Office speech, Jon Stewart taped an episode of The Daily Show that blasted the president for not living up to his words.
Quotes: Official on BP Trash Contamination Fears
“BP oil is responsible for polluting our sand beaches and our estuaries. They pick it up, put it on trucks, take it four or five miles north and dump it on us again.”
— MARLIN LADNER, supervisor in Harrison County, Miss., on …