Page 20 - Loop Current News Today

Everything they can think of. theyve going to run in parallel tracks until one of these solutions comes through for them. so hence, the top hat is going to be continue to be pushed, theyre going to continue looking at putting additional b.o.p. stack in, to be able to shut the well flow off. all of these things are on the table. and rather than trying one and waiting to see what happens, theyre going parallel. so that the, for example the relief well is already down about 5,000 feet. >> and what ...

>> reporter: they have talked about the next interim measures between what ultimately doesnt seem to have worked, the containment dome in the gulf. and the relief well which is months and months away. whether or not those will be successful remains to be seen, but i dont think people are particularly hopeful. i think they are planning for the worse case scenario with oil continuing to rush into the gulf. the real danger is it gets caught in the loop current and bring the slip of oil ultimately u...

David mattingly and the ceo of bp. >> we are the responsible party. we are going to clean this up fully and completely and we have said very clearly where there are legitimate claims or business interruption, then we will be good for them. >> reporter: legitimate claims for long-term, short-term? >> legitimate claims. >> reporter: how many years are you prepared to pay fishermen for a bad catch? >> i said legitimate claims. >> so does that reassure you that whatever damage might come to florida ...

Several months, its going to cover up the gulf coast and its going to get down into the loop current and thats going to take it down the florida keys and up the east coast of florida. you are talking about massive economic loss to our tourism, our beaches, to our fisheries, very possibly disruption of our military testing and training, which is in the gulf of mexico. so when i pressed the b.p. ceo on that statement, his response was above his limited liability of $75 million, which is the statut...

Collect our royalties, they do not actually write or implement most regulations. the agency says that they simply set broad performance goals. like a manager would. leaving oil companies largely free to police themselves. so that crazy things like a giant 5,000 feet beneath the surface volcano of oil that erupts, creating a multithousand square-acre oil slick that threatens to enter the loop current and go around our continent -- well, that would never happen. here to mix it up is our panel, ass...

The loop current. well keep track of that, will they get this cap down? and a new amendment emerging to end or limit high-frequency trading. that will be interesting as well. that will do it for me. i am dill ill, thanks for spending some of your week with us. "hardball" is up next with chris matthews. flirting with disaster. lets play "hardball." good evening, im chris matthews down in washington. leading off tonight, the blame obama game. do republicans actually root for bad news these day...

Now. if it gets cut in the loop current it could empty out through the florida keys. officials in the keys are bracing for the potential spill impact and preparing to protect the prime tourist territory there. the calm ocean waters expected to keep the oil slick at sea for next couple of days but it is already lapping up against the shore and threatening marine life and wildlife. the oil forecast has it at the mouth of the mississippi river and inching ever closer. the massive slick grazing ...

All right were back with developing news on that massive and expanding oil spill in the gulf of mexico. now covering about 2,000 square miles in the gulf. new satellite photo shot outer edges of the slick has reached the mississippi river, delta. river also drifting into the so-called loop current, which would carry the slick east toward florida, and theoretically, around. today bp loaded a 100-ton containment on a barge. it should start capturing oil on monday, however the flow of oil does cont...

Variables. one is the wind. when they go light, it gets more complicated. you have several different types of currents and eddies around the mississippi delta that make things even more complicated. thats the area of concern immediately. longer term, some of the other currents in the gulf of mexico may very well take over. so now folks along the west coast of florida and the florida keys are making preparations for the potential of the oil heading that way. this is a long-term deal here guys, wh...

Area of the leak, he said, itself, is really still about 40 or 50 miles south of the louisiana coast with parts of the sheen, with some fingers of oil getting in much closer than that. now theres been a development. as you can see if i do this, the wind has now shifted into an onshore direction. it hasnt been that way for a couple days but now its coming from the ocean toward the land and that means its pushing the sheen toward the land and thats the worrisome part of this whole operation here, ...