Posted on June 27, 2013 at 3:21 pm by Harry R. Weber in featured, Gulf oil spill Comments() | E-mail | Print Oil gushes from BP's Macondo well in the Gulf of Mexico on July 12, 2010. (AP Photo/BP) A London petroleum engineering professor hired by BP claims the U.S. government overestimated by 50 percent the amount of oil that spewed from the company’s undersea Gulf of Mexico well in 2010. The finding could cut the maximum Clean Water Act penalties BP faces by up to $7 billion. Previously sealed court records reviewed by the Houston Chronicle provide for the first time in more than three years a detailed accounting of BP’s defense to the government’s official flow estimate. The issue will be...
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