Page 2 - Cap Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And there is a significantly better attachment point. look at that can you see that? see how that sticks out there? that is going to be where the new cap comes in, literally a new blowout preventer is going to go on top of the old blowout preventer. they are not calling it that, they are just calling it a cap. as we lower the cap down, there are three valves that will literally shut off the oil. so, a new good seal here, a new good seal here, all of a sudden, you turn the valves off and the oil stops. >> so, will it work? will this gusher finally be stopped? that's the question we are asking t...

Industry away. >> ed lavendera, thanks for the update. talking more about this new cap, the work began on saturday. the old one was removed and that allowed the oil which is about 60,000 barrels a day as a best estimate to flow freely into the gulf again. >> but now that 18-foot high, 150,000-pound metal cap is in place. our chad meyers will explain to us just how this is working. >> they took a big machine, any dropped it on here, unscrewed the bolts, then took that piece away. then they took another machine and they dropped it down. as it drops down, it actually attached much better and th...