http://www.marketwatch.com/story/bp-oil-leak-worse-than-previously-thought-2010-05-14?dist=beforebellScientists and environmentalists believe the U.S. government's estimate of the oil flow from the leaking Deepwater Horizon rig in the Gulf of Mexico is unrealistically low, according to reports.
While the U.S. Coast Guard and the National Oceanic and Atmospheric Administration has said 5,000 barrels a day are pouring out of the pipe from BP PLC's (BP 48.10, -0.40, -0.82%) (UK:BP. 535.90, -11.70, -2.14%) well, separate reports from National Public Radio and The New York Times said the rate is likely many times greater.
<snip>
NPR reported late Thursday that scientific analysis of a video of the leak, released Wednesday by BP, put the rate closer to 70,000 barrels a day, making the resulting spill already far worse than the 1989 Exxon Valdez incident in Alaska. See video of BP's oil leak.
The report cited analysis by Steve Werely of Purdue University, who used a technique he said was accurate to about 20%.
<more>