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Is Obama's Offshore Drilling Policy to Blame for Gulf Oil Spill? U.S. News & World Report (blog) … and combating this disaster, than by spending all our time pointing fingers. Now it seems that there is more than an oil spill that needs cleaning up. … Investigators looking into details of Gulf oil spill disasterMiamiHerald.com Editorial: Gulf oil spill … safety devices worthless if warning signs ignoredNaples Daily News Regulatory Failure Marks Gulf Oil Spill DisasterFiredoglake (blog) Fort Worth Star Telegram –NOLA.com –Charlotte Observer all 1,583 news articles »

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U.S. stock futures point to lower Wall Street open
* Futures for the Dow Jones industrial average , the S&P 500 and the Nasdaq 100 fell 0.2 to 0.3 percent at 0854 GMT, pointing to a weaker start on Wall Street on Friday.

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BP Disaster Strands Billions of Barrels of Offshore U.S. Crude
May 13 (Bloomberg) — A regulatory crackdown on offshore oil drilling after the fatal rig explosion in the Gulf of Mexico will delay development of U.S. deposits with billions of barrels of crude, energy producers and analysts said.

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Gulf Oil Spill Has High Stakes for Obama U.S. News & World Report The current oil-leak crisis is one of the most important events in the Obama presidency so far. Scientists say it could be an immense disaster with lasting … Katrina FEMA Director: President Obama wants the Gulf oil spill to spreadBefore It’s News all 3 news articles »

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BP delays dome action as spill threatens U.S. coast
By Chris Baltimore and Steve Gorman

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U.S. Climate Bill Would Expand Oil Drilling, Cut CO2 (Update1)
May 12 (Bloomberg) — Two U.S. senators plan to unveil legislation today to expand offshore oil and natural-gas production and reduce greenhouse-gas emissions by 17 percent this decade from 2005 levels.

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U.S. Gulf slick spreads west, BP tries another cover
ROBERT, Louisiana (Reuters) – BP Plc said on Monday it will make another attempt at containing oil gushing deep in the Gulf of Mexico, this time with a much smaller funnel than it tried before, as a massive slick threatened Louisiana shores west of the Mississippi Delta.

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(AFX UK Focus) 2010-05-11 06:23 WRAPUP 1-Oil executives face U.S. Congress on Gulf spill
By Tom Doggett and Erwin Seba

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BP Tries A New U.S. Gulf Spill Fix, As Slick Spreads
ROBERT (La.), May 11 (Reuters) – BP Plc said on Monday it will again attempt to contain oil gushing deep in the Gulf of Mexico, this time with a far smaller funnel than it tried before, as a massive slick threatened Louisiana shores.

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