Page 45 - Fail Safe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hearing the day after they did agree to this escrow fund and the $100 million fund for the oil riggers who have been put out on of work for six months? >> i'm sure they hope that the agreement they reached with the white house yesterday would be the beginning of turning the page for a new chapter for them. unfortunately, mr. barton put a wet towel over that right at the beginning of the hearing. i think more importantly what we've learned is that this so-called ultimate fail safe mechanism, this blow-out isn't fail safe. once this happens, they don't know how to cap a well. we have to literall...

Because jb afterall, this was a hearing the day after they did agree to this escrow fund and the $100 million fund for the oil riggers who have been put out on of work for six months? >> i'm sure they hope that the agreement they reached with the white house yesterday would be the beginning of turning the page for a new chapter for them. unfortunately, mr. barton put a wet towel over that right at the beginning of the hearing. i think more importantly what we've learned is that this so-called ultimate fail safe mechanism, this blow-out protecter isn't fail safe. once this happens, they don't k...

Hearing the day after they did agree to this escrow fund and the $100 million fund for the oil riggers who've been put out of work for six months. >> well, i'm sure that they hope that the agreement that they reach with the white house yesterday would be the beginning of turning the page for a new chapter for them. unfortunately, mr. barton put a wet towel over that right at the beginning of the hearing. but i think more importantly what we've learned is that this so-called ultimate fail-safe mechanism, this blowout protector isn't fail-safe. and that once this happens they don't know how to c...

Cannot be done 5,000 feet under water. here is how robert gibbs responded. >> i think there is no doubt that that's something that is a back drop for this entire speech. we started something -- bp started something 5,000 feet underneath this ocean, drilling that man can't stop or hasn't been able to stop thus far. we have got to learn from that. we have got to have that in forming the decisions we make going forward. it also informs the responsibilities that bp has now to the people around the gulf. >> can we expect anything big-picture if we have learned that we can't stop it at 5,000 feet be...

Shoreline, there won't be enough booms or skimmers. we got tired of waiting and we were being told that more booms and skimmers were coming. but we said we can't wait for others, we've got to go out and protect our coast. >> reporter: after i spoke to the governor, i had a chance to go out myself to go on one of the gaps being filled to go on top of the sandbags and get a sense of how well they work. it's working fairly well. it's not fail-safe, it doesn't prevent everything from going through, but it does -- it is fairly effective in stemming most of the tide. and speaking of the tide, that i...