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Suttles said knowing exactly how much oil was spewing out is irrelevant to efforts to stop the spill, and anyway that estimating the resulting flow of the Deepwater Horizon explosion is something BP doesn't involve itself with. It is "extraordinarily imprecise and we took a view very early on that we didn't think you could do it and we didn't think it was relevant either," he said.
But as surely as estimates of the flow rate have risen, BP's shares have tumbled. The selloff continued again today in London, which follows the company's announcement that the cost of the oil spill response has risen to $2.35 billion.