Oil in the Gulf, Two Months Later – The Big Picture

Fire and smoke rise from a controlled burn of oil on the surface of the Gulf of Mexico.

62 days have passed since the initial explosion of BP's Deepwater Horizon drilling rig in the Gulf of Mexico, and the crude oil and natural gas continue to gush from the seafloor. Re-revised estimates now place the flow rate at up to 60,000 barrels a day – a figure just shy of a worst-case estimate of 100,000 barrels a day made by BP in an internal document recently released by a congressional panel. Louisiana's state treasurer has estimated environmental and economic damages from the Gulf of Mexico oil spill could range from $40 billion to $100 billion. The Big Picture is on the scene. Oil in the Gulf, Two Months Later – The Big Picture

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