Key oil spill evidence raised to Gulf's surface (AP)

In this Sept. 4, 2010 picture, the Helix Q4000, bottom, the vessel responsible for lifting the Deepwater Horizon blowout preventer stack from the sea floor, is seen on the Gulf of Mexico near the coast of Louisiana. (AP Photo/Patrick Semansky)AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.



Busted BP well no longer 'threat' to Gulf (AFP)

BP Deepwater Horizon oil spill National Incident Commander Thad Allen briefs reporters about the latest progress in capping the blown-out well in the Gulf of Mexico on August 20 in Washington, DC. Allen announced Saturday that the blowout prevent, known as the BOP, was safely in the hands of federal investigators on a surface vessel after being removed from the wellhead and hoisted up.(AFP/Getty Images/File/Chip Somodevilla)AFP - The Macondo well, which spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico, has been secured and no longer constitutes "a threat," a senior US official said.



BP replaces failed blowout preventer on Gulf well (Reuters)
Reuters - BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top U.S. official overseeing the spill response said.

What now for Gulf? Fire complicates drill debate (AP)

Boats are seen spraying water on an oil and gas platform that exploded in the Gulf of Mexico, off the coast of Louisiana., Thursday, Sept. 2, 2010. All 13 crew members were rescued.  (AP Photo/Gerald Herbert)AP - What now for the Gulf? News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the government to extend its six-month ban on deepwater drilling.



Interior chief Salazar voices doubt on Arctic drilling (Reuters)
Reuters - Interior Secretary Ken Salazar said on Friday he cannot predict whether Royal Dutch Shell, which has invested $3.5 billion in an offshore Arctic oil-development program, will be allowed to drill the five wells it plans next year in Alaska's Chukchi and Beaufort Seas.

Court reinstates markup law for Wisconsin gasoline (AP)
AP - A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could save some jobs but increase the cost of gas.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.



Glance: Oil settles above $74, down 42 cents (AP)
AP - Oil prices dipped Friday as traders remained worried about a glut of supply and sluggish demand as the summer driving season comes to a close.

Watch those gas pumps; prices expected to fall (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Gasoline prices have been falling for weeks, and they could go even lower as autumn's leaves begin to drop.



AP Exclusive: Mariner opposed federal safety rule (AP)
AP - The company whose Gulf of Mexico oil platform erupted in flames this week cited the industry's "excellent safety record" when it opposed a proposed federal rule last year that would require offshore oil and gas operators to have safety systems aimed at reducing workers' mistakes.

U.S. offshore oil fire may delay lift of drill ban (Reuters)

Boats spray water to extinguish a fire on an oil and gas platform operated by Mariner Energy off the Louisiana coast September 2, 2010. REUTERS/Lee CelanoReuters - The Obama Administration is likely to stay focused on toughening regulatory oversight of the U.S. offshore oil industry and may push back lifting a ban on deepwater drilling after the latest accident in the Gulf of Mexico, analysts said on Thursday.



Texas firm temporarily plugs leaking ND oil well (AP)
AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said.

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