Tuesday, May 18, 2010

BP siphoning off 40 pct of Gulf of Mexico oil leak

A bit of Gulf good news for a change.
BP doubled the estimate of how much oil it was managing to siphon from the leak in the Gulf of Mexico, as it lifted the total bill for the clean-up to $625 million.

BP said on Tuesday its "quick fix" mile-long siphon tube deployed on the leaking well was now collecting 40 percent of the estimated 5,000 barrels of oil flowing into the sea per day, double the 1,000 barrels it was capturing on Monday.

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