This week, we passed the 100-day anniversary of the start of the Gulf oil spill, and finally there was some good news. It appears the gusher of oil might truly be stopped once and for all, perhaps in the next two weeks.
Of course, that news wasn’t enough to save BP’s Tony Hayward, who was ousted as the company’s CEO this week, and is reported to be on his way to oversee BP’s Russian operations. Meanwhile, Kenneth Feinberg, the Obama administration’s point man for financial claims against BP, is just getting started in his job. Feinberg went on a listening tour along the Gulf coast, and got an earful from residents who are still reeling from this crisis.
Last month, we went on our own listening tour. We visited Grand Isle, La., to try to understand the economic and psychological toll this oil spill has taken. Here’s a quick update on how the residents of Grand Isle are doing.
TOPIC: GULF OIL SPILL