There’s no one who wants this over more than I do. I would like my life back.
—Tony Hayward, BP CEO, May 30, 2010
Here are developments in the Gulf of Mexico oil spill, the largest in U.S. history:
* After BP Plc (BP.L) said the complex “top kill” maneuver to plug its Gulf of Mexico oil well had failed on Saturday, it is moving to the next option — the lower marine riser package cap, which will capture oil from the well rather than plug it.
* Government scientists estimated that cutting the riser pipe coming out of the blowout preventer to prepare for the next containment option could result in a temporary oil flow increase of up to 20 percent.
* The huge oil slick from the gushing well could threaten the Mississippi and Alabama coasts this week, driven by moderate southerly and southwesterly winds, the National Oceanic and Atmospheric Administration said.
* The NOAA forecast was a sober reminder that oil from the unchecked spill, broken up and carried by winds and ocean currents, could threaten a vast area of the U.S. Gulf Coast, including Florida, as well as Cuba and Mexico.
* President Barack Obama met on Tuesday with the co-chairs of a commission he set up to investigate the spill, former Senator Bob Graham and former Environmental Protection Agency chief William Reilly. Obama vowed to overhaul U.S. laws and regulations governing offshore drilling to prevent a repeat of the catastrophe.
* Attorney General Eric Holder said the Justice Department has launched a criminal and civil investigation into the spill and rig explosion that killed 11 workers. The FBI is taking part.
The hell with all those polite investigations. I want it to look more like this…
Original DVD cover
(left to right: Tony I’m-Wearing-Rand-Paul’s-Hair Hayward, William No-I’m-Not-Bob-Newhart Reilly, Bob Graham, Eric Holder, Coast Guard Admiral Thad Allen)