Page 4 - Static Kill News Today

Once again, we have expanded our language at the trivial expense of just a little oil in the gulf of mexico. static kill. our third story in the countdown, after allowing 5 million barrels of oil to poison the ocean, bp is once again putting its hopes into a glorified injection of mud. the obvious question is, will it work? perhaps the more important one is, how will we know? in a moment, bob cavnar will join us. tests earlier in the day prompting bp to go ahead with its critical so-called stati...

So-called bottom kill. more mud and cement will be injected into bedrock 2 1/2 miles below the sea floor. this as new estimates are out at the bp price tag. the company could be fined as much as $21 billion if it is found to have committed gross negligence or willful misconduct. the fine could drop to $17.6 billion if the government credits the company for the oil it has already recovered. joining us once again tonight, former oil executive, bob cavnar, who writes about the industry at dailyhurr...

Looking at all of this as they are abe to answer the questions and get the requirements in place, and they will move forward appropriately with the temporary pause in drilling. >> some suggestions, earlier is going if go enfor the end of the year, and you are now thinking that it is accelerated lifting the moratorium? >> well, i will leave it to interior in terms of the actual time frame, but certainly, we have a lot of information that we didnt understand then. we understand a static kill and t...

Kill kill. that will be in the next 10 to 14 days that will be done. >> jim acosta is live for us in new orleans this morning with more on that. so all signs of progress moving ahead. whats the reaction down in the gulf coast? >> well, i think its a lot of waiting and seeing at this point, because there has been a lot of skepticism throughout this entire ordeal. and youre right. about five hours ago, bp announced what theyre calling a sick milestone, the mud inside that damaged well has stabiliz...

And ill have these guys discuss sort of where we are in the static kill. which is -- which is good news, and it is sort of the beginning of the end of the ceiling and containment phase of this operation. i want to be, though, very clear, as the president was, that our commitment to those families, to those communities, in and along the gulf coast, remains same as it always has been. we are transitioning and will transition to a greater focus on clean-up and damage assessment. there is still lots...

They pump it down as far as they can get it to essentially plug this thing from the top. now, the relief well still going on, being dug from the angles, trying to intercept the well. but for right now, getting this mud down, the pressure is holding, things are working. static kill is working. we have been disappointed so many times in the past about thinking things might work, would work, and they didnt work. but right now, there is a lot of optimism about this effort. again, its hard to get kin...

So-called bottom kill. more mud and cement will be injected into bedrock 2 1/2 miles below the sea floor. this as new estimates are out at the bp price tag. the company could be fined as much as $21 billion if it is found to have committed gross negligence or willful misconduct. the fine could drop to $17.6 billion if the government credits the company for the oil it has already recovered. joining us once again tonight, former oil executive, bob cavnar, who writes about the industry at dailyhurr...

Running for two weeks. and then we started hearing about the static kill, where they wanted to try to kill the well from the top again. so that actually started this morning after a lot of discussion about whether thats actually the right thing to do, and its one that i actually disagree with what theyre doing right now. >> what happened with the relief wells that have been portrayed until the last few days, as the ultimate solution. no matter what else you did, if you got those relief wells, yo...

Once again, we have expanded our language at the trivial expense of just a little oil in the gulf of mexico. static kill. our third story in the countdown, after allowing 5 million barrels of oil to poison the ocean, bp is once again putting its hopes into a glorified injection of mud. the obvious question is, will it work? perhaps the more important one is, how will we know? in a moment, bob cavnar will join us. tests earlier in the day prompting bp to go ahead with its critical so-called stati...

Im lynn berry and heres whats happening. bp says the so-called static kill is going smoothly so far. they are hoping to create a permanent plug thnchths u.s. is imposing sanks on a hand full of senior iranian officials accusing them of providing direct support to the taliban. a senate panel has delayed a vote on a nuclear arms reduction treaty with russia saying they need more time to build bipartisan consensus. a delivery driver facing dismissal for stealing wept on at shooing rampage in co...