Oil spill investigators find critical problems in blowout preventer
Posted in Main Blog (All Posts) on May 13th, 2010 4:36 am by HL
Oil spill investigators find critical problems in blowout preventer
A House energy panel investigation has found that the blowout preventer that failed to stop a huge oil spill in the Gulf of Mexico had a dead battery in its control pod, leaks in its hydraulic system, a “useless” test version of a key component and a cutting tool that wasn’t strong enough to shea…
Oil spill – Environment – Energy – Petroleum in the Environment – Business
Senate votes to keep small banks under Federal Reserve’s oversight
The Federal Reserve would continue to oversee smaller banks around the country under a measure adopted Wednesday in the Senate, marking a major victory for the Fed as lawmakers prepare to overhaul the nation’s financial regulations.
Federal Reserve System – Government – Central bank – United States – Finance
Sens. Kerry and Lieberman introduce compromise climate bill
Sens. John F. Kerry (D-Mass.) and Joseph I. Lieberman (I-Conn.) introduced a compromise climate bill Wednesday, hoping public concern about the massive oil spill in the Gulf of Mexico will boost the measure’s long-shot chances for passage.
John Kerry – United States – Joe Lieberman – President – Government
Republicans’ House election strategy: Aim for chairmen
At age 78 and after 33 years in Congress, Rep. Ike Skelton (D-Mo.) has no intention of retiring. He is chairman of the House Armed Services Committee, considers himself a farming expert and wants to keep working for the people in his rural western Missouri district.
Republican – Politics – United States – Elections – Parties
Senators debate tighter restrictions on bank investments
Nearly two dozen Democratic lawmakers are looking to tighten restrictions already included in the Senate’s financial regulatory overhaul bill to bar banks and some other firms from making investments with their own money.
Business – Financial Services – Banking Services – Banks and Institutions – United States
