The AP reported Monday that BP has now spent $2 billion in two months of fighting the Gulf of Mexico oil spill and compensating affected parties, with no definite end in sight for the disaster or a set price tag. The amount includes $105 million in claims that have reportedly been paid out to 32,000 [...]

With all of the health and environmental issues surrounding the Gulf oil spill, one danger has been overlooked: methane. Methane is a colorless, odorless and flammable gas that is a major known component in the natural gas used to heat people’s homes. At high levels, it can be a serious threat to the Gulf of [...]

Since the explosion of the Deepwater Horizon and massive oil spill into the Gulf of Mexico eight weeks ago, BP has been fighting to save their image. As time drags on, frustrations against the British oil giant have continued to mount, even to the point that CEO Tony Hayward appeared in television and print ads [...]

A government panel on Tuesday released yet another estimate of the amount of oil flowing into the Gulf, increasing it to between 35,000 and 60,000 barrels a day from last week’s estimate of 20,000 to 40,000 barrels a day.  That translates to 1.5 million to 2.5 million gallons a day—up to 50 percent more than [...]