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BP Fights Oil Spill with Welding Torches, Cash

Tue, 05/04/2010 - 1:27am
Reuters

GOLDEN MEADOW, Louisiana (Reuters) - BP Plc sought to stem the damage from a giant oil slick in the Gulf of Mexico with technology, welding torches and money on Tuesday as crude kept spewing from an offshore oil well deep in the Gulf of Mexico that ruptured almost two weeks ago.

The British oil company, under pressure from Washington to limit the damage, said it will try containing the crude with a massive metal, funnel-like structure. BP said it has offered the Gulf Coast states whose shores could be soiled with oil millions of dollars to move forward with recovery projects.

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