New video provided by BP (BP.L) of its leaking underwater oil well should make it easier to calculate how much crude is spewing into the Gulf of Mexico, a senior government official said on Wednesday.
It's only been in the last couple of days that we have gotten video that was high enough resolution, long enough length and fast enough shutter speed to really do credible calculations," Jane Lubchenco, who heads the National Oceanic and Atmospheric Administration, said a House committee hearing on the oil spill.
She did not say when NOAA would provide an updated estimate on the amount of oil leaking.
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