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The Impact of the Oil Spill on the Future of Deep Sea Oil and Gulf Coast Economy, John Hofmeister

The Indus Entrepreneurs (TiE) Houston presents a talk by John Hofmeister, who retired in 2008 as President of Shell US, the US arm of the oil giant Dutch Shell. Since his retirement, John has founded and is CEO of Citizens for Affordable Energy.

"Oil Spill Legal Mess Likely One of Costliest Ever"

"BP PLC and the other companies involved in the Gulf of Mexico oil spill are faced with fast-multiplying lawsuits that will provoke one of the most drawn-out and costliest legal battles in U.S. history, one that could easily consume the $20 billion set aside by BP to pay for the disaster, according to legal experts and attorneys nationwide."

Source: AP, 07/27/2010

"Disputed Chemical Bisphenol-A Found in Paper Receipts"

"As lawmakers and health experts wrestle over whether a controversial chemical, bisphenol-A, should be banned from food and beverage containers, a new analysis by an environmental group suggests Americans are being exposed to BPA through another, surprising route: paper receipts."

Source: Wash Post, 07/27/2010

BP Replaces Hayward, Posts Record Loss

"BP Plc appointed U.S.-born Robert Dudley as chief executive officer and pledged to accelerate asset sales to as much as $30 billion after the Gulf of Mexico oil spill led to a record loss."
 

Source: Bloomberg, 07/27/2010

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