Obama's Greenhouse Gas Rules Survive Senate Vote
In global warming vote, Senate rejects move to stop Obama's EPA from limiting greenhouse gases.
BP shares are climbing for a second straight day despite new estimates that the Gulf oil spill could be worse than previously forecast.
In morning trading Friday, BP's shares rose $1.35, or 4.1 percent, to $34.13.
A summary of events on Friday, June 11, Day 52 of the Gulf of Mexico oil spill that began with the April 20 explosion and fire on the drilling rig Deepwater Horizon, owned by Transocean Ltd. and leased by BP PLC, which is in charge of cleanup and containment. The blast killed 11 workers. Since then, oil has been pouring into the Gulf from a blown-out undersea well.
With each new look by scientists, the oil spill just keeps looking worse. New figures for the blown-out well at the bottom of the Gulf of Mexico show the amount of oil spewing may have been up to twice as much as previously thought, according to scientists consulting with the federal government. That could mean 42 million gallons to more than 100 million gallons of oil have already fouled the Gulf's fragile waters, affecting people who live, work and play along the coast from Louisiana to Florida — and perhaps beyond. The estimates varied widely. But most had more oil flowing in an hour than officials once said spilled in a day.
Oil Spill in the
Gulf of Mexico
Why Not Stop the Oil Leak With Explosives?