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BP reins in oil leak

06-06-2010 09:11 BJT

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BP has made encouraging progress, in its attempt to control the leak in the Gulf of Mexico. US officials said a containment cap over its ruptured well has collected 6,000 barrels of oil in the past 24 hours.

The amount is nearly a third of the estimated 19,thousands barrels that continues to spew each day. BP hopes to increase the amount being collected... by closing vents in the containment cap, as engineers manage to stabilize pressure in the well. Meanwhile, US President Barack Obama said his administration had set in motion the largest response to an environmental disaster in U.S. history.

Barack Obama, US President, said, “We've also ordered BP to pay economic injury claims, and we will make sure they pay every single dime owed to the people along the Gulf Coast. The Small Business Administration has stepped in to help businesses by approving loans and allowing deferrals of existing loan payments. And this week, the federal government sent BP a preliminary bill for $69 million to pay back American taxpayers for some of the costs of the response so far. In addition, after an emergency safety review, we're putting in place aggressive new operating standards for offshore drilling.

Leaking oil is seen above the Lower Marine Riser Package (LMRP) cap at the site of the Deepwater Horizon oil leak in the Gulf of Mexico in this frame grab taken from a BP live video feed June 4, 2010. BP began capturing some oil spewing from a 46-day gusher on Friday after installing a containment cap atop a ruptured Gulf of Mexico well, as tar balls began washing ashore on the Florida coast. (Xinhua/Reuters Photo)
Leaking oil is seen above the Lower Marine Riser Package (LMRP) cap at 
the site of the Deepwater Horizon oil leak in the Gulf of Mexico in 
this frame grab taken from a BP live video feed June 4, 2010. BP began 
capturing some oil spewing from a 46-day gusher on Friday after installing 
a containment cap atop a ruptured Gulf of Mexico well, as tar balls began 
washing ashore on the Florida coast. (Xinhua/Reuters Photo)

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