At a time when rising oil prices is a reason of worry for many nations worldwide, the news of oil wastage seems alarming.

The National Oceanic Atmospheric Administration (NOAA) experts, carried out investigations on finding out the amount of oil spilling out into the Gulf of Mexico, found that nearly 5,000 barrels of oil leaks into the Gulf of Mexico, every day.

Earlier estimation of the leak was believed to be 1,000 barrels per day and even robot submarines have not been able to stop the oil leakage, occurring 5000ft or 1500m, under the surface.

Coastguard Rear Admiral, Mary Landry, informed that the NOAA’s report was supported by aerial surveys, trajectory studies of oil slick and many other important observations.

But the Chief Operating Officer of BP, Doug Suttle does not agree with NOAA’s latest estimation of the leak and added that the first test burn used to gather the spilled oil, had been successful.

The Oil Spill Response team conducted a 150m of boom and collected 16,311 barrels of oil-water mixture.

BP Chief Executive, Tony Hayward informs, “We are attacking this spill on all fronts, bringing into play all and any resources and advanced technologies we believe can help. Our action plan is safety-focused, multi-layered and has the full resources of the BP Group behind it”.

A ‘Collection Dome’ is being created by the NOAA workers that will be used to collect the oil, which otherwise leaks into the Gulf.