Deepwater Horizon Latest: Perhaps Tony Hayward was Right?

A remarkable headline in the New York Times today: Oil in Gulf Poses Only Slight Risk, New U.S. Report Says,

The government is expected to announce on Wednesday that three-quarters of the oil rom the Deepwater Horizon leak has already evaporated, dispersed, been captured or otherwise eliminated — and that much of the rest is so diluted that it does not seem to pose much additional risk of harm.

A government report finds that about 26 percent of the oil released from BP’s runaway well is still in the water or onshore in a form that could, in principle, cause new...