The $20 billion victims' compensation fund established for the Gulf oil spill may use revenue from BP's oil and gas drilling as collateral, according to details released Wednesday by the White House. Full story
Now that BP Plc's ruptured oil well has been cut off with concrete, the focus will turn to restoring the U.S. Gulf Coast and the mountain of legal issues the company will face. Here are some of the liabilities BP may face. Full story
Feds say BP suspending drilling on last 30 feet of relief well until Gulf storm passes. Full story
BP said Monday its response to the Gulf oil spill, which include its continued efforts to permanently kill the busted well, have now exceeded $6 billion. NBC's Ann Curry reports.
Playbook: While BP has finally started to pay into the $20 billion escrow account they promised would help victims of the Gulf Oil disaster, the Obama administration continues to spin the clean-up efforts in a positive light. Philippe Cousteau, CEO of Earth-Echo International, discusses.
Although BP claims the well seal is holding, a Dylan Ratigan Show panel discusses food safety and whether the Gulf restaurants should reopen their doors for business.
The success of BP’s latest attempt to plug the gushing well in the Gulf is dependent on whether the cement being pumped into it will hold.
Although BP claims that 74 percent of the oil that leaked into the Gulf is gone, many are skeptical. Rep. Steve Scalise, R-La., discuses.
GRAND ISLE, LA - AUGUST 10: A family plays in the shallows near oil booms August 10, 2010 in Grand Isle, Louisiana. According to a statement issued by BP, efforts to complete the relief well will cease temporarily due to a U.S. National Weather Service prediction that there is a 60 percent chance o