BP Inserts Siphon Into Leaking Pipe -- Still No Sign It Will Do Much Good


Photo: BP

It appears BP (BP) has made its first marginal progress since the Deepwater Horizon oil rig blew up and started leaking last month.According to a press release, some oil has been captured and siphoned off via the insertion of a tube into the leaking well.

There’s not much more news than that. The word “some” doesn’t give one the sense that a significant portion of the flow has been stopped.

Expect lots more throughout the day.

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