The National Hurricane Center says Tropical Depression #3 formed in the Bahamas on Thursday morning. Its current forecast path has it heading in the direction of the oil spill.

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As a result of the Deepwater Horizon oil spill in the Gulf of Mexico many businesses are facing an inability to earn income. Those affected range from commercial and private fisheries to dock, marina and waterfront property owners, and even city, county or state governments.

BP states on their website that they have collected 76,020 gallons of oil in the first 12 hours after it put the cap on the well, which is less than 10 percent of the 798,000 gallons of oil federal authorities estimate is pouring into the Gulf daily! CNN has the story inside.

On day 46 of the Gulf of Mexico oil spill, BP, at last, began to siphon oil Friday from the ruptured undersea well to the surface, where it was flowing onto the awaiting drill ship Discover Enterprise.

There's no end in sight for the situation in the Gulf of Mexico. Anderson Cooper reports live tonight from the region as BP attempts to stop the leak. Watch "AC360°" tonight at 10 ET on CNN for the latest on stopping the leak.

BP's chief executive officer said Monday that the company is doing all it can to respond to the runaway oil leak that has been befouling the Gulf of Mexico for more than a month.

Via CNN: The U.S. Coast Guard prepared to set fire Wednesday to portions of a growing oil slick in the Gulf of Mexico to keep the pool of crude away from sensitive ecological areas in the Mississippi River Delta. Efforts to cap the well that was opened up last week when the Deepwater Horizon drill […]