The Washington Independent

Posts Tagged crude oil

House Dem Calls for BP to Pay Royalties for Leaked Oil

By | 06.04.10 | 5:27 pm

Politico’s Jake Sherman reports that Rep. Nick Rahall (D-W.Va.), the head of the House Natural Resources Committee, has asked the Justice Department to consider forcing BP — responsible for the Deepwater Horizon disaster leaking thousands of barrels of crude oil into the Gulf of Mexico daily — to repay More…

Price Shocker — Gas Getting Cheaper

By | 10.24.08 | 3:05 pm

After a summer of grimacing at the pump — with gas prices reaching an average of $4 a gallon — consumers are finally getting some relief. Just a few months ago, the cost of crude oil was as high as $140 a barrel. Now it More…