![](https://investorshub.advfn.com/uicon/199579.png?cb=1567173478)
Friday, May 07, 2010 10:45:49 AM
The catastrophic explosion that caused an oil spill from a BP offshore drilling rig in the Gulf of Mexico has reached the shoreline, according to CBS and Fox News . The leak is currently releasing 5,000 barrels of oil per day, and efforts to manage the spill with controlled burning, dispersal and plugging the leak have yet to prove successful. This oil spill is on track to become the worst oil spill in history, and in the next 40 days could surpass the damage done by the Exxon Valdez tanker that spilled 11 million gallons of oil into the ecologically sensitive Prince William Sound in 1989. Unlike the Exxon Valdez tragedy, in which a tanker held a finite capacity of oil, BP's rig is tapped into an underwater oil reserve, which could leak more oil into the Gulf until the leak is plugged.
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM