BP Oil Spill Live Feed – Record Loss Expected

 As the fallout from the BP oil spill continues, and people in the Gulf states start to look towards the massive cleanup operation that will now be required, BP look set to announce that the leak has caused the company a massive financial loss, the record for a single year.

This video feed has live underwater pictures directly from the site, which has some good news at least in that the leak repair is currently still  holding:

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Background information:

The Deepwater Horizon oil spill (also referred to as the BP oil spill, the Gulf of Mexico oil spill, the BP oil disaster or the Macondo blowout) is a massive ongoing oil spill in the Gulf of Mexico, now considered the largest offshore spill in U.S. history Some estimates placed it by late May or early June, 2010, as among the largest oil spills in the world with tens of millions of gallons spilled to date. The spill stems from a sea floor oil gusher that resulted from the April 20, 2010 Deepwater Horizon drilling rig explosion. The explosion killed 11 platform workers and injured 17 others.

The gusher, now estimated by the quasi-official Flow Rate Technical Group to be flowing at 35,000 to 60,000 barrels (1,500,000 to 2,500,000 US gallons; 5,600 to 9,500 cubic metres) of crude oil per day, originates from a deepwater wellhead 5,000 feet (1,500 m) below the ocean surface. The exact spill flow rate is uncertain due to the difficulty of installing measurement devices at that depth and is a matter of ongoing debate. The resulting oil slick covers a surface area of at least 2,500 square miles (6,500 km2), with the exact size and location of the slick fluctuating from day to day depending on weather conditions. Scientists have also reported immense underwater plumes of oil not visible at the surface.

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