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But obama administration officials are voicing cautious optimism about the operations long-term benefits. >> the hope is that we will be containing all of the oil that comes out of that well by the end of july, but it is obviously to kill the well will take a little bit longer. >> that little longer meaning late july, perhaps mid august before bp is able to finish drilling the first of two relief wells, allowing the company to plug the high pressure leak with mud and see intercept. meantime, new...