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The Rundown is covering Thursday's congressional subcommittee hearing on the oil leak (View complete coverage.), featuring testimony by BP CEO Tony Hayward. We'll offer updates (all times ET) and insights from the NewsHour news desk, as well…

BP has started flaring, or burning, some of the oil it siphons out of the ruptured Deepwater Horizon well in the Gulf of Mexico, the company reported this week. Energy giant BP PLC said it had burned 52,500 gallons…