Jun 06 Cap Recovering Around 10,000 Barrels of Oil a Day, Officials Say By Talea Miller Updated 5:05pm ET BP increased estimates for the amount of oil being siphoned from a ruptured well in the Gulf of Mexico Sunday, reporting on its website that 10,500 barrels of oil were recovered by a containment system on… Continue reading
Jun 05 Coast Guard’s Allen: 6,000 Barrels of Oil Captured on Friday By Dave Gustafson Coast Guard Adm. Thad Allen told reporters Saturday morning that a containment cap atop the leaking oil well funneled about 6,000 barrels (252,000 gallons) of oil over 24 hours on Friday to a tanker on the surface of the… Continue reading
Jun 04 In Louisiana, Obama Chides BP Over Shareholder Payments President Obama on Friday criticized BP for spending money on advertising and shareholder dividends even as oil continued to spill from the company's damaged Gulf Coast well. The president said that BP should not be "nickel and diming" Gulf… Continue reading
Jun 04 Patchwork Nation: Views From Baton Rouge on the Oil Leak By Dante Chinni Of all the startling numbers out of the Gulf oil spill story, the most interesting one may be this: zero. That is the number of calls out of the Louisiana State legislature for any freeze on drilling in the Gulf. Continue reading
Jun 04 Containment Cap Now Capturing Some Oil From Gulf Leak; Ticker Updated By Lea Winerman BP announced Friday morning that it had successfully lowered a containment cap over the leaking oil pipe in the Gulf of Mexico and was capturing some oil and gas. Coast Guard Adm. Thad Allen told… Continue reading
Jun 04 Friday: Jobless Rate Falls, but Private Hiring Slows; BP Reports Progress By Jason Breslow Job seekers arrive for the Anaheim/Orange County Job Fair in California earlier this week. Photo by Robyn Beck/AFP/Getty Images. Employers added 431,000 workers to their payrolls in May, the Labor Department said Friday, but the job growth was fueled… Continue reading
Jun 04 Watch Drilling Moratorium Could Imperil Louisiana’s Expansive Oil Industry In our continuing coverage of the Gulf oil leak, Spencer Michels reports on how the spill may impact Louisiana's lucrative drilling industry as lawmakers impose a moratorium on offshore drilling and vow to ramp up regulation on the industry. Continue watching
Jun 04 Watch Success of BP’s Oil Well Cap Remains Uncertain After BP installed a cap on the head of the leaking Gulf of Mexico oil well, Ray Suarez talks to Greg McCormack of the Petroleum Extension Service at the University of Texas about whether this week's "cut and cap" attempt… Continue watching
Jun 04 Watch Obama Surveys Gulf Oil Damage Again as BP Secures Well Cap President Obama returned to the Gulf Coast to survey the environmental damage, as BP said it is making headway in capping the gushing oil well at the bottom of the ocean. Ray Suarez reports on the president's visit and the… Continue watching
Jun 03 BP Releases Animation of Cap Maneuver By Anna Shoup What exactly are you watching on those live feeds of robotic arms 5,000 feet underwater? BP just released an animation of its most recent efforts to contain the oil leak: They're attempting to connect the lower marine… Continue reading