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Coast Guard says more oil being captured in Gulf

Coast Guard says more oil being captured in Gulf

The cap on the damaged BP oil well at the bottom of the Gulf of Mexico is now keeping up to 462,000 gallons of oil a day from leaking into the ...

 

BP: Cap gets some Gulf oil, crude still spews

BP: Cap gets some Gulf oil, crude still spews

BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still spewed and it was ...

 

An economic disaster looms

Oil threatens to obliterate billions of dollars for the region's fishing and tourism industries.

 

Below is a timeline of the spill and its impact:

Below is a timeline of the spill and its impact:

April 20, 2010 - Explosion and fire on Transocean Ltd's drilling rig Deepwater Horizon licensed to BP; 11 workers are killed. The rig was drilling in BP's Macondo project 42 miles southeast of Venice, Louisiana, beneath about 5000 feet of water and ...

 

BP Readies Next Oil Plug Attempt

BP Readies Next Oil Plug Attempt

Robot submarines carried equipment and cut small pipes at the bottom of the Gulf of Mexico on Monday to prepare to place a new containment valve over the blown-out well this week, while BP crews began working on yet another containment plan that could be added after the cut-and-cap effort.

 

BP's top kill effort fails to plug Gulf oil leak

BP's top kill effort fails to plug Gulf oil leak

BP's attempt to plug the Gulf oil leak with mud and cement has failed, yet another setback in the company's attempt to stop the crude from further fouling waters, wildlife and marshland.

 

Oil giant BP concedes Gulf spill is bigger than estimated

Oil giant BP conceded Thursday that the Gulf of Mexico oil leak is larger than it originally estimated, adding more worry as portions of the ...

 

Obama administration warns BP it's on the hook for all damages, not the taxpayers

The Obama administration warned BP in a strongly worded letter Saturday that the federal government expects the oil giant -- and not taxpayers -- to pay all damages associated with the ongoing Gulf of Mexico oil leak, even if they exceed the $75-million liability cap under federal law.

 

BP: Setback in placing dome over gushing oil well

BP: Setback in placing dome over gushing oil well

The effort to place a massive containment dome over a gushing underwater wellhead in the Gulf of Mexico was dealt a setback when a large volume of hydrates -- icelike crystals that form when gas combines with water -- accumulated inside the vessel, a BP official said Saturday.

 

Sarah Palin defends oil drilling despite Gulf spill

Sarah Palin defends oil drilling despite Gulf spill

Sarah Palin, who popularized the "drill, baby, drill" slogan, continues to support drilling but targets blame for the massive Gulf of Mexico oil spill at foreign companies.

 

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