September 15, 2011 | permalink
Remember the BP oil spill in the Gulf of Mexico? Last year it captivated America’s attention as nearly five million barrels of oil gushed into the water, but once the runaway well was capped, the outrage faded away. As I write in a story in The New York Review of Books, drilling has resumed in the area, tourists are back on the beaches, and even Tony Hayward, forced to step down as BP’s CEO, is back in the action, running a multi-billion dollar investment fund. But a spate of reports and books provide a trove of data that reveals how the oil and gas industry remains as unaccountable as the too-big-to-fail banks that brought on the financial crisis of 2008. The BP disaster revealed the same problems—lax government regulation, corporate profits despite the risks, a fawning press—that characterized the financial meltdown. Big banks and big oil have more in common than their size.
A look at oil’s indelible impact on the countries that produce it and the people who possess it.
The NSA Has An Advice Columnist. Seriously.
March 10, 2014
My New Job at First Look
February 06, 2014
The Snowden Interview
August 13, 2013
PGP Key for Peter Maass
July 29, 2013
On Leakers, Heroes and Traitors
June 18, 2013
Invasion: Diaries and Memories of War in Iraq
March 19, 2013
Invasion, the Kickstarter
February 05, 2013
Dispatches from the war in Bosnia, published in 1996 by Alfred A. Knopf, Inc.