News release: “The Federal Interagency Solutions Group, established at the request of the U.S. Coast Guard and authorized under a directive from the National Incident Commander (NIC), released a peer-reviewed report that details the scientific calculations of the Deepwater Horizon BP Oil Spill Oil Budget Calculator response tool announced last August. The report, developed in collaboration with federal and independent scientists and following an extensive review of the initial findings, revises as necessary the estimated short-term fate of the oil discharged from the wellhead through mid-July when the well was capped. The Oil Budget Calculators purpose was to describe the short-term fate of the oil and to guide immediate efforts to respond to the emergency. It does not provide information about the impact of the oil, nor indicate where the oil is now. The Oil Budget Calculator uses collected or reported data, such as the amount captured at the wellhead, combined with model-projected estimates based on historical oil spill data for similar types of oil, as well as the expertise and observations of oil- and oil spill-response scientists from government agencies, academia and the energy industry.”
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