- Making News: France, US Consider Changes to UN Mid-East Resolution
President Bush today held a formal press conference--unusual during vacations in Crawford, Texas--to talk about UN resolutions designed to end the fighting between Israel and Hezbollah. The Lebanese government has expressed reservations about the resolution. Colum Lynch is UN Correspondent for the Washington Post.
- Reporter's Notebook: Rusty, Leaky Pipes Cause BP to Shut Down Alaska Pipeline
BP is shutting down America's biggest oil field due to corrosion in pipelines. The Prudhoe Bay oil field accounts for 8% of America's domestic production. The shut-down itself could take up to 36 hours. Then comes the time required to determine just how much of the pipeline will have to be fixed and how long that's going to take. Peter Coy, Economics Editor at BusinessWeek magazine, has details on the shutdown and its impact on the price of gasoline.
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