Hurricane Isaac developed near the mouth of the Mississippi River today on a path that may take it near New Orleans and bring flooding rain to the lower Mississippi Valley, the National Hurricane Center said.
The U.S. imposed its first restrictions on shipping into the Mississippi River, the most important North American waterway, as the massive BP Plc oil spill in the Gulf of Mexico moves closer to the land.
U.S. Coast Guard rescuers searched waters of the Gulf of Mexico through the night for 11 offshore oil workers still missing after an explosion and fire injured 17 people on a Transocean Ltd. drilling rig yesterday.
Louisiana oysterman Terrance M. Shelley was struggling to keep up with demand by New Orleans restaurants before BP Plc’s Macondo well blew out in April 2010, crippling the processing plant he opened six months earlier.
Democratic and Republican leaders in Congress are united in pushing an eightfold boost to a loan program designed to attract private highway funding, even as revenue gaps in existing projects may cause taxpayer losses.
President Barack Obama said oil spilling from a damaged BP Plc well in the Gulf of Mexico is an “assault on our shores” and the government will keep it a top priority until the leak is plugged and the environmental damage is repaired.