Energy

As Alex Gains Strength, Gale Force Winds May Hit The BP Clean Up

Tropical storm Alex may become a hurricane in the next 24 to 48 hours. Its most likely path is to hit land near the Texas-Mexico border. Alex  may send gale force winds and waves at least ten foot high to the site where BP is attempting to cap the Deepwater Horizon rig leak.

The storm may be strong enough to force ships near the spot of the leak to move away, which could add a week or more to the time by which the worst oil spill in US history can be fully capped, if indeed that is possible. “Coast Guard Admiral Thad Allen, who is overseeing the leak response, says officials have plans to evacuate ships from the area in case of a serious storm”, according to the Voice of America.The bigger problem with the storm is that it may drive some of the oil spill inland along the Louisiana coast. Those working to contain the spill have labored to keep the slick off shore. Nothing can stop crude driven by 10 foot waves. High seas could drive some oil several hundred yards inland.

BP may be able to cap the oil leak, but there is enough crude on the surface of the Gulf that the weather is the biggest challenge facing the clean-up.

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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