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News bites: BP's profits drop

By Andrew Restuccia - 05/01/12 09:18 AM ET

BP reported a drop in profits Tuesday, according to Reuters

The Internal Revenue Service is reviewing a perk provided to Chesapeake Energy CEO Aubrey McClendon, The Wall Street Journal reports.

The Los Angeles Times notes that gasoline prices continue to fall.

The New York Times reports that climate change skeptics have pounced on the claim that clouds will prevent major temperature increases.

The Times also reports on a fossil forest in Illinois that “may shed new light on climate change today.”


Source:
http://thehill.com/blogs/e2-wire/e2-wire/224719-news-bites-bps-profits-drop

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