

BP builds giant dome to try to contain Gulf of Mexico oil leak
British Petroleum acknowledges the operation may not work
British Petroleum will resort to an unprecedented operation as early as today as it runs out of options to stop the Gulf of Mexico oil leak threatening environmental disaster.
With the well spewing oil following a rig explosion two weeks ago, sending a giant slick toward the southern U.S. coastline, BP is preparing a giant dome in a bid to contain the leaking oil.
BP officials acknowledge they do not know whether the operation will work.
"It's never been done in deep water before," said BP chief operating officer Doug Suttles.
It involves dispatching a 98-tonne structure -- a 12.2-metre-tall steel container with a dome on top -- toward the leak as early as today, according to Suttles. Welders rushed to finish it Monday at an industrial yard in southern Louisiana.


















It has been almost two years since the last run up in gasoline prices. This time of year always sees a spike in price due to the “summer blends” in gasoline. Stockpiles go down as refineries prepare to make the special blends for summer driving. Then it takes a few weeks to get production back up in time for the increased driving during the summer months.
SINGAPORE -- Oil prices plunged below $82 a barrel Monday in Asia, extending big losses on expectations that disruption to air travel from the Icelandic volcano will undermine the global economic recovery and crude demand.
BP will press ahead with its plan to invest in Canada’s controversial oil sands, the company will signal at Thursday’s annual general meeting, in spite of protests from environmentalists and concerns among some shareholders.



