Tag Archives: Halliburton

Crime And The Rise of Modern America

Nowhere celebrates its criminals like America. In books and on film, in fact and in fiction criminals sell. 

The way people break the law has shaped American national identity just as clearly as any war according to research by University of Exeter historian, Dr Kristofer Allerfeldt.

His new book ‘Crime and the Rise of Modern America’ examines how crime and America are intertwined, defining each other. The research suggests that crime performs a role central to our understanding of America’s economic growth and its emergence as a super power. (more…)

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Have We Changed Our Ways After the BP Oil Spill? Not Really

ANN ARBOR, Mich.—On the heels of last week’s federal recommendations to help prevent another BP oil spill disaster, a University of Michigan researcher says the tragedy has come close to acting as a catalyst for deeper change—but not quite.

“The BP oil spill is, potentially, a ‘cultural anomaly’ for institutional changes in environmental management and fossil fuel production,” said Andrew Hoffman, professor of management and organizations at the Ross School of Business and a professor at the School of Natural Resources and Environment. “But true change in our approach to handling issues related to oil drilling, oil consumption and environmental management have yet to occur.” (more…)

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BP to Pay $4,300 for Every Barrel of Spilled Oil

The scandal around the oil spilt into the Gulf of Mexico does not subside. On Thursday, the information was released that U.S. authorities are preparing a lawsuit against the owner of the exploded BP platform, demanding compensation for damage caused by the leakage. Fines can reach $4,300 for each barrel of oil spilt in the waters of the Gulf, i.e., a total of approximately $17.6 billion.

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America’s Most Hated and Clueless Man Goes, Any Hope Left?

During the second quarter of the year, Britain’s BP that suffered an accident on its oil platform in the Gulf of Mexico has lost $17.15 billion. Analysts predict that the company will be in the red for at least another two quarters, and this is despite the resignation of Tony Hayward, BP’s executive director and “the most hated person in the USA.”

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