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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

Will the Oil Spill Be Contained on Monday?

By Derek Thompson
Jul 9 2010, 4:58 PM ET Comment

Maybe!

The federal official leading the Gulf oil spill cleanup said Friday a new containment cap and an additional ship collecting oil could effectively contain the spill in the next three days.

The work to replace a leaky containment cap on the well head with a tighter one will begin Saturday, National Incident Commander Thad Allen said. At the same time, a ship connecting to a different part of the leak is expected to come online Sunday.

I don't buy it. Then again, I thought Top Hat would work. Maybe this is like the Boy Who Cried Wolf, except it ends happily with a plugged leak instead of a satiated wolf.

Try to contain your excitement when you read the full story at the AP.


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