As the second week of testimony begins in BP's civil trial for damages in the Gulf oil spill, a settlement is still possible. Once evidence is presented in earnest, though, lines harden and chances diminish.
There is a fast-moving hostage crisis this morning at a natural gas complex in Algeria. The complex is run by BP and Statoil. Islamist militants attacked the facility apparently in protest of France's intervention in Mali.
After agreeing to pay the U.S. government $4.5 billion to settle criminal charges stemming from the Gulf oil spill, BP could face even higher civil penalties. Is such grave punishment in the government's best interest?