Videos of the oil leak 5,000 feet down in the Gulf of Mexico are coming out, and according to some scientists, the news is even worse than we thought. If you remember back a few weeks to the outset of the BP oil spill, the official estimate was that 1,000 barrels of oil (42,000 gallons) was leaking into the Gulf of Mexico. While that's nothing to sneeze at, the total wasn't catastrophic compared to historic spills like the Exxon Valdez. Then, more than a week after the Deepwater Horizon exploded and sank, scientists at the National Oceanic and Atmospheric Administration did their own quick calculation and quintupled the estimate to 5,000 barrels per day.
BP later acknowledged to Congress that the worst case, if the leak accelerated, would be 60,000 barrels a day, a flow rate that would dump a plume the size of the Exxon Valdez spill into the gulf every four days. BP’s chief executive, Tony Hayward, has estimated that the reservoir tapped by the out-of-control well holds at least 50 million barrels of oil [The New York Times].