President Barack Obama today marks the fifth anniversary of Hurricane Katrina slamming into New Orleans by affirming the federal commitment to the city as it rebuilds from the storm and copes with the BP Plc oil spill.

President Barack Obama will use the fifth anniversary of Hurricane Katrina to reaffirm his commitment to the Gulf Coast amid lingering questions over his administration's response to the BP oil spill.

President Barack Obama will use the fifth anniversary of Hurricane Katrina to reaffirm his commitment to the Gulf Coast amid lingering questions over his administration's response to the BP oil spill.

President Barack Obamas moratorium on deep-water drilling is no longer needed because new rules reduce the risk of an uncontrolled spill, according to a report for a panel investigating BP Plcs blowout.

President Barack Obamas moratorium on deep-water drilling is no longer needed because new rules reduce the risk of an uncontrolled spill, according to a report for a panel investigating BP Plcs blowout.