Gulf Coast Watches, Waits for Path of Oil Spill

Winds and waves calmed Tuesday as masses of oil lurked offshore and tension built along the Gulf Coast's beaches and bayous as people watched and waited for the weather and ocean currents to determine where the slick might come ashore.

Meanwhile, the Obama administration and BP PLC and Transocean Ltd. officials will reach out to Capitol Hill as the hard-to-contain spill prompts daily inquiries from Congress.

The meetings, to take place in person and via telephone this afternoon, come as both the companies and the U.S. government face scrutiny as the spill grows. Two separate congressional committees will next week hold hearings on the disaster, which started with an oil-rig explosion and now centers on a leaky well that officials fear could be releasing tens of thousands of barrels of oil per day.

Read Full Article from Wall Street Journal

- Posted: 2010-05-04 11:17:08

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