Energy

BP Slick Moves East Quickly

Some predictions show the spill from the Deepwater Horizon wreck will extend up the East Coast and into the middle Atlantic by August. The current NOAA map shows the oil slick already moving in that direction rapidly.

BP plc (NYSE: BP) says it has put a cap on the leak, but the effect appears to have stanched the flow only modestly. It is still likely that 20,000 barrels a day are rising to the surface.

The NOAA’s latest report is that:

Onshore winds are expected to continue moving oil toward shorelines in Louisiana, Mississippi, Alabama, and the panhandle of Florida. More oil was reported on Grand Isle beach, along with oiled animals and debris.

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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