Jul 15 Watch Oil Gusher Halted At Least for Now: ‘Something Went Right’ For the first time since April, the flow of oil into the Gulf of Mexico stopped -- at least temporarily -- Thursday after BP sealed a containment cap during the start of pressure tests on the device. Joel Achenbach of… Continue watching
Jul 15 BP Holding Back Oil, for Now; Ticker Stands Still By Chris Amico News agencies report: Kent Wells, a BP PLC vice president, said at a news briefing that oil stopped flowing into the water at 2:25 p.m. CDT after engineers gradually dialed down the amount of crude escaping through the last… Continue reading
Jul 15 Obama Praises Financial Reform, Calls Oil Stoppage a ‘Positive Sign’ By News Desk President Obama spoke to reporters this afternoon, praising the Senate’s passage of a financial reform bill and offering brief comments on BP’s test of a cap over its broken wellhead, which has temporarily stopped the flow of oil. Continue reading
Jul 15 BP Set to Begin Test on New Well Cap Capping stack departs June 29 from its construction site in Berwick, La. (Photo by BP) BP again plans to ramp up testing of its newest well cap system Thursday. The multi-stage test, which will take 48 hours, will… Continue reading
Jul 15 Thursday: Vote on Financial Reform Nears; BP Set to Proceed on Cap Test The U.S. Senate is planning a final vote Thursday on a sweeping overhaul of financial regulations. At least three Republicans, 55 Democrats and two independents are expected to support the bill, providing the 60 votes needed to overcome… Continue reading
Jul 15 Watch Gulf Wildlife Protection, Rehabilitation Efforts Face Ongoing Challenges As news broke that the oil leak had been halted at least for now, work continued to help rescue the diverse wildlife in the Gulf of Mexico. Tom Bearden reports from the Louisiana coast. Continue watching
Jul 14 Cousteau Returns to Gulf to Survey Oil Damage By Hari Sreenivasan Oceanographer and documentary filmmaker Jean-Michel Cousteau recently checked in with the Rundown to update us on his team's explorations since returning to the Gulf Coast. Since his last visit, Cousteau has been both on the water with… Continue reading
Jul 14 Fed to Gulf Coast Banks: Help Those Hurt by the Spill By Chris Amico The Federal Reserve urged Gulf Coast banks Wednesday to help customers get through what is sure to be a tough road ahead economically due to the ongoing oil disaster. In response to this disaster, financial institutions can… Continue reading
Jul 14 Wednesday: BP Delays Test on New Cap; Eight Americans Killed in Afghanistan By Tom LeGro Oil continued to flow into the Gulf of Mexico on Wednesday as the plan to start slowly shutting off valves on the new cap over the well was suddenly halted. Government officials and BP said further analysis must… Continue reading