Spill Itself News Today

To wake up to. The sunrise will be coming up in the next 20 minutes. We are here for a serious reason. Not just to enjoy what promises to be a lovely day. We are discussing a topic which matters an awful lot to you at home. Water quality. The amount of sewage in our water. This morning we will hear from the Water Companies. We hearfrom the Environment Secretary, Therese Coffey. We will hear from campaigners. And we would love to hearfrom campaigners. And we would love to hear from you as well. W...

Today. good to see you, sir, thank you. >> thanks for having me. >> shepard: what did you tell them? >> well, my job was to talk about the economic impact of the spill and there are two stories of economic impact. one is the impact of the spill itself, very acute if you look at the fishing industry, if you look at the tourism industry. theyre going to feel it directly. another story, another impact, is the impact of the moratorium. the fact is the economic impact of the moratorium is probably go...

It for us. jamie: we know that he is, thanks, eric. there is news from bp today that the gulf oil spill has now cost the oil giant more than $3 billion. that doesnt even include the 20 billion-dollar compensation account the white house had bp set up. gym evening else has been following the story and the distribution of cash. the spill has already cost a lot obviously. it it just the beginning? do they know what it will cost ultimately? >> reporter: no its hard to tell. youve got that more than ...

Once again, take a live look at the leak from b.p.s underwater camera on the gulf floor. its still flowing. steve harrigan, monitoring the latest live on grand isle in louisiana. steve, are you seeing any progress made from where you are? >> the 48-hour deadline given by the coast guard ends tonight. not sure what happens if they dont meet it. they ordered them to speed it up, and right now b.p. is collecting 15,000 barrels of oil a day from the fractured well. as much as 40,000 barrels is sprea...

That in the bible too. not as many, and we dont take it seriously. thats the difference. we blow off our religions. if we took the bible seriously, we would look over our fence sunday morning seeing our neighbor mowing his lawn and think, huh, working on sunday, i really should kill him. that doesnt happen. but there are entire schools where the kids read just one book. theyre memorizing the koran, thats all they do. you know, thats not what we do in this curve the. >> i want to talk a little bi...

Dome. this dome will eventually be lowered into the water. its designed to siphon the oil to a tanker on the surface. trace galler is in louisiana for us. how close are we to this oil coming ashore? >> reporter: yeah. its a matter of opinion, jane. a lot of people saying its about 9 miles away. the coast guard says it is 5-7 miles away, so thats the estimate were going with right now. estimated landfall anywhere from 3-5 days kind of depending on weather. we just had a crew come back, and i want...