Now BP (NYSE), Halliburton (NYSE:HAL), and Transocean (NYSE:RIG) are having to show evidence before Congress concerning issues related to the explosion on the Deepwater Horizon oil Rig. Of course, each one is blaming the other for the incident.
Despite the ongoing efforts, all attempts are futile. There seems to be no stopping or hope of even containing the Gulf Oil leak, despite the attempts of BP.
It continues to expand by the hour. There is a huge danger to marine life as well.
Even with the President opening the doors for all possible resources to be used, there seems to be little that can be done at this time.