Monday, May 31, 2010

Is BP Lying or Just Incompetent?

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Congressman Ed Markey, who heads up one of the Congressional committees investigating what went wrong in the Gulf spoke with John Dickerson on the misconceptions between the initial estimates of how much oil was actually coming out.

Rep. Ed Markey, D-Mass., said today that BP knew the initial estimates of oil gushing into the Gulf of Mexico from the site of the Deepwater Horizon drilling rig were larger than what they were publicly stating was the flow.

In his appearance on CBS' "Face The Nation" Sunday, Markey said that once video of the oil leak became public, independent scientists confirmed that the flow was much higher than the initial estimates made public by the company.

Holding what he said was an "internal confidential BP document" attesting to what they believed was the rate of the oil escaping into the sea, Markey told CBS News political consultant John Dickerson that BP "believed in the first week that it was 1,000-14,000 barrels per day. But what they said publicly was that it was 1,000 barrels per day."

The Democrat, who is chairman of the House Subcommittee on Energy and Environment, said that the amount of oil flowing is tied to any fee that may be imposed on the oil company resulting from the spill.

From CBS News. Click link for full report.

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