+ Kenneth Feinberg has acknowledged a bottleneck in the oil spill claims process, effectively suspending his promise to pay all claims within a week while the Gulf Coast Claims Facility deals with the initial backlog. While they wait, thousands of Gulf Coast residents have bills to pay, and many are facing financial hardship.

+ Preliminary studies are showing that in many respects, this spill could be significantly less severe than the Exxon Valdez, according to the New York Times.

+ Burning fossil fuels may pose an even greater threat to sea life than oil spills, argues Alanna Mitchell.

+ Sen. Bill Nelson is trying to cut tax breaks and subsidies for oil and gas companies in pending small business legislation, but the American Petroleum Institute is trying to stop him.

+ A new wave of oil has been spotted near Louisiana.

+ BP’s decision to pump leftover drilling fluid back into the Macondo well may have thrown off pressure readings.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

PHOTOS: Occupy Miami supporters march on Bank of America

About 200 people, representing a diverse array of organizations and unions, marched in Miami on Tuesday to demand accountability from Bank of America and to support the Occupy Miami movement. The protest came on the same day Bank of America announced it is dropping a controversial proposal to charge $5 for using debit card use.