U.S. government official estimate of the flow rate from BP’s leaking gulf oil well is 35,000 to 60,000 barrels (1.47 million to 2.52 million gallons) of oil a day gushing from the reservoir deep beneath the gulf. The estimated flow rate raises the question of whether BP and the government were fully prepared to cope with the hydrocarbons spewing up through the gulf floor. BP has the current capacity to capture only 18,000 barrels of day coming from the well.
Sounds like $20 billion set aside from BP for damages is NOT enough. This disaster will ruin the Gulf’s ecological system for decades, if not hundreds of years. We have not seen the full extent of this disaster, and may not for the next year. However, a ecological disaster of biblical proportions is going to happen in the Gulf of Mexico.