Tagged Articles

Obama 42 articles

In State of the Union address Obama vows to fund research to treat devastating diseases

President Obama in his State of the Union address vowed to fund more research into cures and treatments for devastating diseases including cancer and diabetes. “I want the country that eliminated polio and mapped the human genome to lead a new era of medicine – one that delivers the right treatment at the right time,” he said Tuesday night in his prepared remarks. The approach is known as the precision medicine initiative and is designed to deliver new and more effective treatments for diseases. While Obama offered only sparse details on the initiative and didn’t say how much it would ... Read More

DEA questions drug companies’ claims of Adderall shortages

Shortages of Adderall, a drug used to treat Attention Deficit Hyper Disorder (ADHD), are raising questions about whether the drug is being overprescribed, or if the Drug Enforcement Agency (DEA) is being too tough on manufacturers by keeping the quantities of the medication at bay. Several drug companies manufacture Adderall, including Shire Plc, Novartis, Teva and CorePharma LLC. According to Reuters, prescriptions for the drug increased 13.4 percent between 2009 and 2010 in an effort to meet an increasing diagnoses of ADHD in school-aged children. The Centers for Disease Control and Prevention reports that about 9.5 percent, or 5.4 million ... Read More

U.S. files lawsuit against BP and partners for cleanup, recovery costs

Faced with ongoing cleanup costs and widespread ecological damage, the U.S. Justice Department filed a lawsuit today against BP and eight other companies involved in the massive Deepwater Horizon oil spill. In addition to BP, other defendants named in the lawsuit are Transocean, the primary owner of the Deepwater Horizon rig; Anadarko, which owned a 25-percent interest in the well; MOEX, the U.S. unit of Japan’s Mitsui Oil Exploration Co, Ltd.; and Lloyd’s of London, BP’s insurer. One unit of Anadarko and three units/subsidiaries of Transocean are also named as defendants. The complaint, filed in U.S. District Court in New ... Read More

BP says it has finally killed its blown-out Gulf oil well

BP announced yesterday that its blown-out well in the Gulf of Mexico has been permanently sealed, five months after the Deepwater Horizon rig exploded killing 11 workers and causing the largest oil spill in history. BP engineers have been drilling relief wells since May in an effort to kill the flow of oil at its source. The job involved drilling several thousands of feet below ground and intersecting the oil near the base of the damaged well with tons of mud and cement, a process that some scientists likened to capping a Coke bottle from 2 miles away. The oil ... Read More

Would an offshore drilling moratorium make a bad oil spill worse?

Many news reports have called President Obama’s six-month moratorium on deepwater offshore drilling an unwarranted knee-jerk reaction to BP’s catastrophic offshore explosion in the Gulf of Mexico. Opponents of the moratorium say that the ban would deal a devastating economic blow to Gulf Coast communities already besieged by oil. After two court rulings against Obama’s earlier ban on new offshore drilling, the President has issued a new moratorium that he hopes will stand up in court. The move has sparked further outrage in the oil industry and throughout those states that benefit directly from offshore drilling. Louisiana Democrat Nancy Landrieu, ... Read More

Surgeon General returns home to Alabama to talk with oil spill victims

U.S. Surgeon General Regina Benjamin returned home to the Gulf Coast, where physical and psychological illnesses triggered by BP’s oil spill in the Gulf of Mexico have been on the rise. Benjamin, a native of the Mobile area, ran a clinic that provides free and low-cost medical care to poor residents of Bayou La Batre before President Obama appointed her as Surgeon General. Although Bayou La Batre has been repeatedly battered by hurricanes, Benjamin acknowledged that the residents of the town and the wider Gulf Coast face a new and even more formidable challenge – one that is causing great ... Read More

Senate panel abolishes $75-million oil spill liability cap

The Senate Environment and Public Works Committee voted today to lift the $75-million liability cap that limits the financial damages drillers can incur for their offshore oil spills. The cap, enacted in 1990 after the Exxon Valdez spill polluted Alaska’s Prince William Sound, holds oil companies liable for economic damages and cleanup costs up to $75 million. Damages over that amount are to be paid for by the government using tax money. House Democrats have sought to overturn the cap retroactively after the Deepwater Horizon rig exploded and sank in the Gulf of Mexico, creating the largest oil spill and ... Read More

BP agrees to establish $20 billion fund to aid Gulf Coast residents

After a remarkable four-hour meeting between the White House Administration and BP’s top executives, the oil giant has agreed to create a $20 billion fund to pay damage claims filed by thousands of fishermen and others economically harmed by the oil slick washing up on the shores of four Gulf states. The meeting was scheduled to last two hours, but BP executives resisted committing to the $20 billion fund and both sides haggled over the details. According to the New York Daily News, sources said that Vice President Biden “leaned forward and bluntly informed [BP executives] they had no choice: ... Read More

Obama visits Tacky Jack's restaurant after touring BP oil spill sites

Yesterday evening President Barack Obama surprised diners relaxing on the deck at Tacky Jack’s , a popular laid back restaurant in Orange Beach, Ala. Obama took a dinner break with Alabama Gov. Bob Riley, Coast Guard Admiral Thad Allen and Orange Beach Mayor Tony Kennan after touring several sections of Alabama’s Gulf Coast to assess damage from the BP oil spill. Just last week, Mayor Kennan lambasted a BP official who called an impromptu press conference in the town, telling the oil company representative that BP had “killed” tourism for the Gulf Coast community. To date, the beaches are still ... Read More

Currents likely to carry oil up east coast, into atlantic

Carried by water currents, BP’s giant oil slick could hit the U.S. east coast in a few weeks and spread out across thousands of miles of Atlantic ocean, according to government scientists monitoring the spill. The government’s oil spill trajectory shows the slick traveling down Florida’s Gulf coast and around the state’s southern tip, where it enters the rapid Gulf Stream. It then mucks the eastern shoreline all the way to Cape Hatteras, North Carolina before veering east into the open Atlantic. Researchers based the model on the behavior of dye, rather than oil, in the water, but believe the ... Read More