Posts Tagged ‘Henry Waxman’

Oil from the Deepwater Horizon rig

Oil Execs To Face Senate For First Spill Hearings Tuesday


Justin Elliott | May 10, 2010, 6:23PM

On Tuesday officials from some of the major companies involved in the Gulf oil spill will face senators for the first in a long series of congressional hearings.

First up, at 10 a.m. ET, the presidents of BP and Transocean, the rig owner, as well as a top official with cementing services provider Halliburton, will appear before the Senate Committee on Energy and Natural Resources.

Look for the executives to try to dodge blame for the accident — BP’s CEO has already said the spill “wasn’t our accident.” And in talking points for the hearing leaked to the press, Halliburton “says it safely finished a cementing operation 20 hours before” the April 20 explosion, the AP reports. (More on Halliburton’s role here.)

Also testifying before the committee, which is chaired by Sen. Jeff Bingaman (D-NM), is the former chief of the Offshore Regulatory Program of the Minerals Management Service.

Then, at 2:30 p.m., Sen. Barbara Boxer’s Committee on Environment and Public Works will hold a hearing on the economic and environmental impacts of the spill with the same three corporate witnesses: BP America President Lamar McKay, Transocean President Steven Newman and Halliburton chief health, safety and environment officer Tim Probert.

On Wednesday at 10 a.m., the same three executives will again be on the Hill, this time joined by Jack Moore, chief of blowout preventer manufacturer Cameron International, for a hearing of the House Energy and Commerce subcommittee on investigations. Chaired by formidable investigator Rep. Henry Waxman (D-CA), the Energy and Commerce Committee has already demanded documents related to the spill from several of the companies.

The committee has put together a useful timeline (.pdf) of the spill and response efforts.

The House Transportation and Infrastructure Committee, the House Natural Resources Committee, and the Senate Homeland Security Committee have also announced hearings in the coming weeks.

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If you’re a reporter looking for a hot quote, Waxman’s the wrong man to see. Anyone watching his “Daily Show” appearance with Jon Stewart could tell you that. Waxman is all policy, determined to explain everything in detail. But he’s smart, tough and knows how to get results. He showed that last year when he went against the House seniority system and took over the Energy and Commerce Committee by unseating John Dingell, its longtime chairman.


Bill Boyarsky
Aug 25 2009

By the time Congress returns from its recess and takes another whack at the health insurance mess, Rep. Henry Waxman, D-Calif., will have started revealing the deceit that protects health business profiteers.

Waxman has already begun by demanding that major insurance companies reveal how much they pay top executives and board members and, most important, the size of their profits from selling policies.

He is getting to the heart of the health insurance debate. It’s all about the health business—insurance, hospitals, pharmaceutical and biotech companies, medical equipment makers and others.

Their economic goal is bigger profits. Their political goal is to protect their interests by making sure the 2010 election puts enough Republicans and sympathetic Democrats in Congress. Even if the Democrats retain control of the House and Senate, health care lobbyists will pour celebratory drinks as long they have enough power to shape legislation. That’s how it works. Don’t be deluded by party labels.

Read more…

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