What happened on June 26, 2010
NEWS
Storm could disrupt spill effort in gulf By Carol Rosenberg MIAMI - Gale-force winds days away from the Gulf of Mexico spill site could force at-sea workers to abandon their oil-collection efforts for two weeks, the head of the national response effort said Friday. That timetable would conservatively unleash a half-million barrels of oil back into the sea - twice the Exxon Valdez spill. Using upper-end federal estimates of the leak, 840,000 barrels would gush out. That would be 35 million gallons. Coast Guard Adm. Thad Allen described the cut-and-run plan in a conference call to reporters Friday in which he said, "Realistically, out of an abundance of caution," the Deepwater Horizon well would remain uncapped for "14 days." Hurricane contingencies have become major concerns for planners trying to clean up the runaway Deepwater Horizon spill in its 67th day. There is a tropical wave in the west-central Caribbean kicking up thunderstorms from the eastern coasts of Honduras and Nicaragua to Mexico's northeastern Yucatan Peninsula. The weather service said Friday morning that there was a 70 percent chance the system would become a tropical cyclone over the weekend, which could produce powerful winds. The Air Force planned to send out hurricane-hunter aircraft late Friday to explore the unformed weather system, which could become the first named storm of the Atlantic hurricane season. In Washington, Allen told reporters that planning for a hurricane would require an evacuation of the wrecked oil rig's site once 40-knot winds are predicted to arrive within five days. That means unplugging the makeshift system called a "top hat" that has been collecting a portion of the gushing crude. In other developments: The Justice Department urged a federal appeals court to delay a judge's ruling that overturned a drilling moratorium in the gulf. The administration said that the suspensions are crucially important to protect health and the environment and that only a small number of operations present safety concerns. The IRS said payments for lost wages from BP's $20 billion compensation fund are taxable, just like regular income. The IRS said it would set up a website and forums in July to help people figure out details. A financial-disclosure report released Friday showed that Martin Feldman, the federal judge who struck down the six-month ban on deepwater drilling in the gulf, has sold many of his energy investments to avoid an appearance of conflict of interest. Among those sold was stock in Transocean, which owned the rig that exploded. BP said its effort to drill a relief well through 21/2 miles of rock to stop the spill is on target for completion by mid-August. Despite the encouraging news, BP stock tumbled 6percent in New York to a 14-year low on news that BP has now spent $2.35 billion dealing with the disaster. The relief well is considered the best hope of halting the crude that has been gushing since April 20 in the biggest offshore oil spill in U.S. history. The crew that has been drilling the well ran a test to confirm it was on the right path. Several such tests are necessary, since drilling sideways into the original well casing requires boring through more than 13,000 feet of rock to hit a target 9 inches in diameter. Vice President Biden will head to the Gulf Coast on Tuesday to visit a command center in New Orleans and the oil-fouled Florida Panhandle., McClatchy Newspapers
Sweeten handed over to feds By MICHAEL HINKELMAN, hinkelm@phillynews.com 215-854-2656
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