Big oil to get more grilling as oil gushes in Gulf - Reuters

WASHINGTON/PORT FOURCHON, La., May 12 (Reuters) - Top oil executives face a second day of grilling by U.S. lawmakers on Wednesday over a deadly well rupture that unleashed a huge oil slick and the specter of environmental disaster in the Gulf of Mexico.

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HAL.N ) are all in the hot seat for their roles in what could be the worst oil spill in U.S. history. A desperate race is on to contain the catastrophe, with BP readying a potential subsea fix and troops and prisoners rushing to limit damage to the coast, where crude has started to reach shorelines. Investors have driven the value of BP shares down more than $30 billion, far exceeding even the worst estimates of the spill's cost, reflecting uncertainty about how the calamity will play out, with an unprecedented and shifting situation.

Full Story: Big oil to get more grilling as oil gushes in Gulf - Reuters