Wall Street Journal Examines BP Deepwater Spill

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The Deepwater Horizon oil spill continues to dominate the headlines. The Wall Street Journal adds:

Earlier Thursday, undersea robots completed a second cut of the fractured pipe connected to the deep-water oil well, paving the way for engineers to install the containment device that officials hope will send most of the oil to a vessel at the water’s surface a mile above.

The containment-cap effort is the latest in a series of procedures attempted by the U.K. oil giant, which has been sharply criticized in recent weeks as the spill affects an increasingly wide stretch of the U.S. Gulf Coast, threatening to cause massive environmental and economic damage.

Deepwater

The article continues:

In the Gulf, the oil slick from the spill continued to move northeast, threatening Mississippi, Alabama and Florida. The National Oceanic and Atmospheric Administration projected that winds will continue through Saturday to push oil on the surface of the Gulf toward barrier islands along the Mississippi and Alabama coasts.

Florida Gov. Charlie Crist said he saw a patch of light oil some three to four miles from Pensacola Beach on Thursday afternoon from a reconnaissance flight over the Florida Panhandle. Mr. Crist said other patches were visible about 10 miles off the Panhandle coast during the flyover.

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