The USCG initially said the oil was too dispersed to recover and posed no threat to the coastline,[103] but later warned BP and Transocean that they might be held financially responsible for cleaning up the new oil.[104] USGS director Marcia McNutt stated that the riser pipe could hold at most 1,000 bbl (160 m3) because it is open on both ends, making it unlikely to hold the amount of oil being observed.[105]