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Tar balls hit Texas as BP oil spill cost soars

NEW ORLEANS, Louisiana (AFP) – BP faced a broadening crisis Tuesday with tar balls from the Gulf oil spill turning up on Texas beaches, as the firm’s clean-up costs soared and British officials reportedly mulled a possible BP collapse. A giant Taiwanese ship deployed to boost the clean-up meanwhile remained…

Oil closes in on Fla. as BP tries risky cap move

GREG BLUESTEIN and BRIAN SKOLOFF AP News Jun 02, 2010 07:11 EDT As submersible robots made another risky attempt to control the underwater Gulf oil gusher, the crude on the surface spread, closing in on Florida. BP’s stock plummeted and took much of the market down with it, and the…

New media meme: Oil spill is ‘Obama’s Iran hostage crisis’

Comparing the Gulf oil spill to Hurricane Katrina doesn’t explain the amount of damage being done to Barack Obama’s presidency if you believe a new talking point that is circulating in the media. President Bush was already in his second term when his government was heavily criticized for its poor…

The Nation: Katrina’s Hidden Race War

You have to read this devastating piece by A.C. Thompson in The Nation about a rag-tag band of white vigilantes on a race-based rampage in the wake of Hurricane Katrina, formed to protect one of the neighborhoods not flooded when the levees broke. It sounds like a nightmare out of…

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