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Gulf awaits word on latest bid to plug oil leak

BP hopes to know by Thursday afternoon whether its latest attempt to plug a blown-out undersea well with heavy mud may finally slow the oil that's been gushing into the Gulf of Mexico.

BP PLC was pumping heavy mud into the leaking well off Louisiana's coast and executives said Wednesday night that there had been no problems so far. Still, BP Chief Executive Tony Hayward said engineers would not know until at least Thursday afternoon whether the latest remedy was having some success.

"The absence of any news is good news," said Coast Guard Admiral Thad Allen, who is overseeing the operation. He added: "It's a wait and see game here right now, so far nothing unfavorable."
 
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