American Morning

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Editor's Note: Welcome to American Morning's LIVE Blog where you can discuss the "most news in the morning" with us each and every day. Join the live chat during the program by adding your comments below. It's your chance to share your thoughts on the day's headlines. Keep in mind, you have a better chance of having your comment get past our moderators if you follow our rules: 1) Keep it brief 2) No writing in ALL CAPS 3) Use your real name (first name only is fine) 4) No links 5) Watch your language (that includes $#&*).

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/US/05/17/gulf.oil.spill/t1main.video.jpg caption="A BP official says oil pouring from its damaged Gulf of Mexico well could be shut off as early as next week. BP also acknowledged the leak is bigger than estimated to date."]

BP: Oil leak into Gulf could be stopped by next week

(CNN) – A BP official says a gusher of oil pouring from its damaged Gulf of Mexico well could be shut off as early as next week.

BP Managing Director Bo Dudley said Thursday night the company will pump fluids into the well this weekend in the beginning of a process that - if successful - could lead to the leak finally being closed off in a matter of days.

"If that option doesn't work, we've got a second and a third option we'll do after that," Dudley said on CNN's Larry King on Thursday. "We're hopeful that next week we'll be able to shut it off."

Earlier in the day, BP acknowledged that the underwater gusher is bigger than estimated to date, as new video showed a cloud of crude billowing around its undersea siphon. Read more

Watch: LIVE video of leak from BP

Pakistani Taliban plotting to strike U.S.?

U.S. intelligence has strong reason to believe that the Pakistani Taliban is actively plotting to hit interests in the U.S. and American targets overseas, a U.S. official told CNN Thursday.

The concerns about the group that authorities say directed the Times Square bombing plot are coming from multiple streams of information, including from Faisal Shahzad, the Times Square bombing suspect, the official said.

The official told CNN that CIA Director Leon Panetta and National Security Adviser Jim Jones relayed the new terror threat information to Pakistan's government on their trip there earlier this week.

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