In a speech at Carnegie Mellon University, President Obama referred to the Gulf oil spill in making the case that it is time, as he put it, to "aggressively accelerate the nation's transition to a clean energy economy."

VOA: standard.2010.06.14

Politics weighed more than economics in the Standard Oil case.

ECONOMIST: Millennium issue: Antitrust

Equipment designed to cap any potential oil spill in case of a blow-out was damaged, work had to instantly stop.

FORBES: Has Unconventional Oil Production Peaked?

Bert Dohmen , editor of the Wellington Letter, also sees oil dropping further from current prices, but still advances a bullish case for oil services companies.

FORBES