Traces of oil from a ruptured BP well in the Gulf of Mexico have been found at a depth of 1,000 meters (3,200 feet) and up to 500 kilometers (300 miles) from the spill site, according to a new analysis.

I have to admit that I am rapidly becoming a believer that every time a see a BP or government official spew forth the latest update, I see their nose’s grow. BP had to remove Tony Hayward, his nose would no longer fit on the CNN TV set!

The well is capped, well sort of. Oil is no longer spewing out from the sea floor. And low and behold, the shrimping season has started. Of course there are no safe places to go fishing.

U.S. government and BP officials are warning that the blown-out oil well causing an environmental disaster on the Gulf Coast may not be stopped until August as the company begins preparations on a new attempt to capture the leaking crude.

The disaster, in its 42nd day on Monday, is already the largest oil spill in U.S. history and officials are calling it the country's biggest environmental catastrophe.