Thursday, August 19, 2010

Scientist: BP (NYSE:BP) Oil Report Misleading and Incomplete

Professor Ian MacDonald, a nationally renowned Scientist at Florida State said, the governments report on where the BP (NYSE:BP) oil has gone is misleading and incomplete. He is extremely disappointed because the report doesn't give any details on the process scientists used to compile data and came to their conclusions.


MacDonald feels the report is public relations, having nothing to do with actual science. The total amount of oil that was deposited into the Gulf is 4.9 million barrels. According to the governments estimates, 25 percent of the oil was skimmed, burned, or recovered. An additional 25 percent dissolved or evaporated, while 24 percent was dispersed through chemicals or naturally. That leaves only 26 percent remaining in the environment.


"That residual oil at the 26 percent level represents five Exxon Valdez quantities of oil released into the Gulf of Mexico, still there these many months later and likely to stay there for years to come," said MacDonald. He does believe that the 26 percent is an extremely low estimate, but even that number is staggering.

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