On top of everything else, some potentially troublesome environmental news out of the Gulf of Mexico again.
The Times Picayune is reporting that the Coast Guard is investigating reports of a brand new deepwater oil spill.
Multiple callers have reported that they have seen a huge sheen of oil not far from a deepwater rig. According to Judson Parker at Examiner.com, the potentially leaky rig is the Matterhorn SeaStar owned by W& T offshore.
Details remain scarce. It is interesting that as oil rallied late in the day on Friday, shares of W& T Offshore tanked hard into the close. (via @nictrades and @stocksage1)
    
  



17:45 ET: Qaddafi says, via phone to Libyan TV, that weapons depots will be opened to the general Libyan population to defend the country against the " crusade."  According to Al Jazeera, Qaddafi may already be arming his population to attack rebels.
  


  , i mean counselling. 