Offshore Wells News Today

75, congress -- decided we had to got something because you can paralyze the economy by choking off the oil. >> greta: done as a national security nation to protect us from a disruption rather than play with the numbers on the cost? >> it is strategic not tactical. it is meant for fiscal interruptions. we used it after katrina and other hurricanes when offshore wells were out of production. when there were other problems. we took oil. sometimes we sold oil, sometime we length oil. it is strategi...

75, congress -- decided we had to got something because you can paralyze the economy by choking off the oil. >> greta: done as a national security nation to protect us from a disruption rather than play with the numbers on the cost? >> it is strategic not tactical. it is meant for fiscal interruptions. we used it after katrina and other hurricanes when offshore wells were out of production. when there were other problems. we took oil. sometimes we sold oil, sometime we length oil. it is strategi...

Bombs in athens today. the classes came in a 24-hour strike to protest the country austerity measures. they are expected to need more financial help beyond the $158 billion bail-out that saved it from bankruptcy last year. still ahead, the latest on the devastating flooding of the mississippi river, but first a new effort to get the oil pumping from offshore wells. delicious gourmet of gravy. and she agrees. with fancy fest gravy lovers, your cat can enjoy the delicious, satisfying taste of go...

Where that huge explosion in the gulf of mexico last year killed 11 workers and caused an environmental disaster. that was in april of 2010. but now transocean has declared 10 the best year for safety in the companys history. financial papers filed with the u.s. government revealed the companys top executive got a pay raise of more than $1 million. transocean did not respond to an e-mail from cnn seeking comment about this. bp leased that oil rig in the gulf of mexico and now 15 months after t...

I use petroleum products every day. this is something we are depending on. until we are weaned off, we will keep on drilling. >> they say there are not enough opportunities. they need to continue to drill in more and more places. the obama administration is hitting back. saying we have already leased these particular areas. you are not using what we have given you. can you give us a sense the layout of the land. >> this is the gulf. they pump out 25% of what we use on a daily basis. 1.5 million ...

Than anyone thought, a lot more. nearly 5 million barrels, and now a partisan fight in the senate has stalled a bill meant to increase safety at offshore wells. well find out what is going on. why cant the senate do something when they have the point of departure to change the offshore drilling rules? this is "hardball" only on msnbc. than cheese is more che. if he was eating cheese hed put cheese on it. hes like a cheese monster. and now krafts got this new thing, cheddar explosion. i really wa...

Thank you mr. president, scott stringer. up next, more oil leaks in the gulf of mexico than anyone thought. a lot more. nearly five million barrels. now they are trying to increase safety in offshore wells. why cant the senate do something when they have this kind of point of departure to change the drilling rule? this chair smells. we gotta wash this thing, now. wash it?! [ male announcer ] theres a better way to get rid of odors. for all the things you cant wash, freshen it with febreze. to el...

Stringer. up next, turns out more oil leaked into the gulf of mexico than anyone thought, a lot more. nearly 5 million barrels, and now a partisan fight in the senate has stalled a bill meant to increase safety at offshore wells. why cant the senate do something when they have the point of departure to change the offshore drilling rules? this is "hardball" only on msnbc.

Likely to recur in other states. this law is politically popular. other states may well replicate it and i think the supreme court really does need to step in and decide once and for all whether its legal. >> but how long before we could possibly get to that step, jeffrey, since i assume hearing from arizona officials and the governor jan brewer and those in support of the law, i cant imagine they would throw their hands up and say, okay, we lost, we give up, were not going to keep fighting? i a...

Best bill i can get for the votes i have. i think thats where the action is going to be. >> the luger bill. lets look at history. were going to look at something right now that will educate us all. this is from the miller center. they do the great collection of archives on presidents. here they are showing president ford and president carter in the oval office more than 30 years ago trying to do what president obama did tonight. lets listen. >> foreign oil suppliers are considering another price...