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Coast Guard investigating possible new Gulf spill

The Wall Street Journal and several other sources are reporting that the Coast Guard is investigating a 100-mile sheen of a substance that may be oil floating on the surface of the Gulf of Mexico. Reports began to come in on Saturday morning of a rainbow slick that began off…

BP must clarify intentions on clean up costs: US

British Petroleum must clarify its “true intentions” on paying for costs associated with a massive US oil spill, the US homeland security and interior secretaries said in a letter released Saturday. Homeland Security Secretary Janet Napolitano and Interior Security Ken Salazar noted in the letter to BP chief executive Tony…