20 million gallon 'time bomb' threatens Spanish coast

Cleanup crews braced today for the possibility of a massive oil spill and environmental catastrophe, propping up 18 miles of floating booms around the spot where an oil tanker broke in two and sank in the Atlantic.

The hope is that the more than 20 million gallons of oil on board will sink and harden in the deep, frigid waters before inflicting disaster and engulf the area’s rich fishing grounds.