Gulf of Mexico oil spill
Gulf of Mexico Oil Spill Fails to Lower High Oil Prices
An ongoing oil spill in the Gulf of Mexico has not led to a decrease in oil prices, which remain above $100 a barrel.
Despite an oil spill in the Gulf of Mexico, crude oil prices have remained stubbornly high, offering no relief to consumers at the pump. The size of the spill and its specific start date are not yet detailed.