According to today's New York Times, a senior executive with BP admitted yesterday that the oil spill flowing through the Gulf of Mexico could be 10 times - or 60,000 barrels a day of oil.
That comment came during a closed to the press briefing between executives with BP and members of Congress. The Times also reports that BP's Tony Hayward admitted to Florida U.S. Senator Bill Nelson that the spill will definitely cost more than $75 million in economic damage, which is all they are liable for under current law (Nelson and New Jersey's two senators, have introduced legislation to raise that cap to $10 billion, and want to grandfather BP into that proposed law).