In this video, Motley Fool energy analyst Taylor Muckerman takes us through some of the biggest investing stories in the energy sector today. He discusses Seadrill and its major new purchase, as well as some other ultra-deepwater industry expansions. Taylor also talks about BP's agreement this week to pay out $4.5 billion for its 2010 Gulf of Mexico oil spill, and how the Department of Justice isn't satisfied. And finally, he discusses the ongoing struggles to restore power to the northeastern U.S., and how deeply the power outages have affected oil refinement in the region. He tells us which refineries are back up and running, and which ones still have a long way to go.
A look at the biggest stories now.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.