Latest Gulf oil spill forecast: Offshore winds could lessen onshore impact
Winds forecast to be blowing offshore, or from the north, through Saturday morning could provide a reprieve in new shoreline impacts from the Gulf of Mexico oil spill caused by the BP Deepwater Horizon disaster, according to the latest National Oceanic and Atmospheric Association forecast map. Read more on Mobile Press-Register
U.S. Stocks Retreat as Spending Trails Forecast (Correct)
(Corrects percentage change for oil yesterday in third paragraph after “Offshore Drilling” subhead.) May 28 (Bloomberg) — U.S. stocks retreated, with the Standard & Poor’s 500 Index paring yesterday’s 3.3 percent advance, after personal spending trailed economists’ forecasts and energy companies dropped on President Barack Obama moratorium on new deepwater drilling permits. Read more on Bloomberg
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