Tuesday’s Mini-Report

TUESDAY’S MINI-REPORT…. Today’s edition of quick hits:

* Changes at BP: “Three months after its giant oil spill in the Gulf of Mexico, a chastened BP outlined a new strategy on Tuesday to revamp operations and practices around the world and turn it into a leaner operator under a new leader. But even as BP increased the money set aside for spill-related costs to $32.2 billion, executives reiterated that the April 20 Deepwater Horizon explosion was not a result of gross negligence by the company.”

* On a related note, BP’s Tony Hayward is leaving with a severance package that congressional Democrats aren’t at all happy about.

* If only a couple of Senate Republicans cared: “Worldwide, 2010 is on track to become the warmest year on record. Scientists at the NASA Goddard Institute for Space Studies reported recently that the average global temperature was higher over the past 12 months than during any other 12-month period in history.”

* What happened to the billions of dollars in the Iraq reconstruction fund between 2003 and 2007? No one seems to know.

* It’s obscure, at least for now, but we should care about Basel III.

* Will Rep. Charlie Rangel (D-N.Y.) cut a deal with the ethics committee? It’s looking a lot less likely.

* Volt gets a price tag: “The Chevrolet Volt, a plug-in car capable of driving about 40 miles at a time on battery power without using any gasoline, will have a sticker price of $41,000 before a $7,500 federal tax credit, General Motors said Tuesday. G.M. will also lease the Volt for $350 a month in the hopes of attracting consumers who want lower monthly payments or would hesitate to buy the vehicle until they are more comfortable with its technology.”

* FEC raises eyebrows: “The starter’s gun went off last week in the squalid new race for unlimited campaign cash. The Federal Election Commission approved the creation of two ‘independent’ campaign committees, one each from the left and right, expressly designed to take advantage of the new world of no rules.”

* Good piece on the aims and standards of conservative media.

* On a related note, conservatives won’t want to hear this, but Journolist really was a terrific resource.

* When public colleges get less funding, but spend more on sports anyway, it seems problematic.

* And Dave Weigel lands on his feet, joining the staff at Slate. All’s well that ends well?

Anything to add? Consider this an open thread.