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To: WatchOutForSnakes

http://online.wsj.com/article/SB10001424...

WASHINGTON—The Gulf of Mexico oil spill could be leaking at a rate of 25,000 barrels a day, five times the government’s current estimate, industry experts say. Basing their calculations on government data and standard industry measurement tools, the experts said the Gulf spill may already rival the historic 1969 Santa Barbara, Calif., and 1989 Exxon Valdez disasters.

Ian MacDonald, professor of oceanography at Florida State University who specializes in tracking ocean oil seeps from satellite imagery, said there may already be more than 9 million gallons of oil floating in the Gulf now, based on his estimate of a 25,000 barrel-a-day leak rate. That’s compared to 12 million gallons spilled in the Valdez accident. Interior Department officials said it may take 90 days to cap the leaking well. If the 25,000 barrels a day is accurate and it leaks for 90 days, that’s 2.25 million barrels or 94.5 million gallons. Mr. MacDonald and his colleagues at the Earth, Ocean and Atmospheric Science Department have worked jointly with National Oceanic and Atmospheric Administration in the past on oil spill tracking, and have shared their estimates with NOAA scientists. He said the NOAA scientists didn’t dispute the calculations.

The economic damage will be bigger than any hurricane in Gulf History, might be worth more than BP and RIG combined. Maybe the leakage is increasing by the day up to its maximum of 100,000 barrel per day.


49 posted on 04/30/2010 8:31:11 PM PDT by capecodder
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To: capecodder

Wow. Very sobering numbers. Eight days of no response. Someone’s got some explaining to do.


53 posted on 04/30/2010 10:24:05 PM PDT by Natural Born 54 (FUBO x 10)
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