BP on the Capitol Hill Hot Seat
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The CEO of BP, who once minimized the Gulf oil spill, apologized today at a congressional hearing. But Tony Hayward gave so few answers to a host of tough questions that one Democrat called him "irresponsible." Also, Israel agrees to ease restrictions on food and building material into Gaza. On Reporter's Notebook, will the Gulf oil spill create new interest in electric cars? What California is doing to spearhead a major change in transportation.
Banner iamge: BP Chief Executive Tony Hayward is sworn in before the Oversight and Investigations Subcommittee for a hearing on the Deepwater Horizon explosion and oil spill June 17, 2010 in Washington, DC. Photo: Win McNamee/Getty Images
Israel to Ease Restrictions on Food, Building Material for Gaza ()
Under heavy international pressure to overhaul the blockade of Gaza, Israel said today it has agreed to ease some restrictions, at least in principle. Edmund Sanders is in Jerusalem for the Los Angeles Times.
BP on the Capitol Hill Hot Seat ()
At a House sub-committee hearing today, Tony Hayward, the CEO of BP, apologized to the Gulf coast, all Americans and angry members of Congress, some of whom called on him to resign. They asked if BP cut corners to save money. Were warnings of trouble ignored? But it turned out there were more questions than answers. Members of both parties gave Hayward a hard time, but one Texas Republican accused the Obama White House of a $20 billion "shakedown." We hear more of today's hearing, and how the claims process is shaping up. Is Washington too tough on BP or not tough enough?
- Jonathan Tilove: Washington Reporter, New Orleans Times-Picayune
- Loren Steffy: Business Columnist, Houston Chronicle, @lsteffy
- Jeffrey Fisher: Professor of Law, Stanford Law School
- Tyson Slocum: Director of Public Citizen's Energy Program
- Chris Horner: Senior Fellow, Competitive Enterprise Institute
Will California's Push for Electric Cars Pay Off? ()
President Obama calls the Gulf oil spill another wake-up call on the need for an economy that doesn't rely on oil. More than 100 years ago, some of the earliest cars ran on electricity. Although efforts to revive that mode of transportation fizzled a few years ago, California now is making major investments to lead the way. Rebecca Smith is national energy reporter for the Wall Street Journal.
- Rebecca Smith: National Energy Reporter for the Wall Street Journal
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