This is the section of the new AmpedStatus Extreme Weather Roundup that focuses on the new BP oil leak in the Gulf of Mexico.
The return of the BP disaster
Oil has been surfacing all over the northern quadrant of the Gulf of Mexico for several weeks now, according to residents. Reports of slicks that meander for kilometres and huge expanses of oil sheen that look like phantom islands are becoming common again. Fresh oil, only slightly weathered, has been washing ashore in areas hit hardest by last year’s disaster. These areas include Breton Island, Ship Island, the Chandeleur Islands, and northern Barataria Bay, Louisiana. BP has reactivated its Vessels of Opportunity (VOO) Program to handle clean-up operations. [read more]
New leak near Deepwater Horizon site quickly becoming a massive oil slick

[Note: The $12 million per day number is a whitewash lowball number - staggering nonetheless.]
Reality sings to the stock market:
Next week I will have a new report out on the riots that I believe will soon sweep across the US. I see the first phase of riots beginning along the lines seen in the video below, where people who are deeply impoverished look for the nearest person to attack or the nearest store to loot or vandalize. This will eventually lead to clashes with local law enforcement. Much like we have already seen in San Francisco and on a larger-scale in London. Throughout the US, we have also already seen the start of flash mobs, a trend I believe will continue to grow and occur more frequently. After this initial phase, I believe there will be more sophisticated rioting, crime and violence directed at banks, politicians, mega-wealthy individuals and rich gated-communities, as we have started to see sporadically throughout Greece, Germany, France and Italy.


