BP has managed to cap the first, and smallest oil leak, spilling from it's damaged oil pipeline in the Gulf of Mexico.
It is estimated that 800,000 litres of oil are spilling into the sea every day threatening to cause a huge environmental disaster in the area. Sea fisheries and wildlife are threatened as well as the local economy
BP is spending up to $6m per day trying to stop the leak and clean up the oil. As a consequence, BP's share price has fallen and it faces huge costly legal actions.
Further information is available from
http://news.bbc.co.uk/1/hi/world/americas/8652448.stm
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