There seems to be confusion here. The EIA get their information from the USGS.
The news reports of a couple months ago use the lower figure. I did see the higher figure on the EIA report as you said.
Here are the latest USGS figures I have read:
http://www.usgs.gov/newsroom/article.asp?ID=1911
I believe that the larger number may be the USGS number enlarged by a factor of 10.
Hope I’m Wrong.
Well, I'm confused!
I believe that the larger number may be the USGS number enlarged by a factor of 10.
Hope Im Wrong.
Even if you aren't it's still a pretty respectable amount of oil.