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Detailed text transcripts for TV channel - FOXNEWS - 20121115:20:41:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121115:20:41:00

Paid. bp just paid billions of dollars by admitting it screwed them at every single turn. and we just keep giving them more licenses and more leases. go bp go. i don't understand it. >> the rules should be the same everywhere. the people of louisiana should not be -- and mississippi and alabama and florida should not be paying for this on their own. their leaders don't have the political fortitude. >> they don't have it. they do a good job, but they don't have big mouths. >> bp has paid a lot of money already. >> bp is making billions and billions in profit after lying to us and screwing an en...

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Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:56:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:56:00

It's not working. >> shepard: there's thousands of these wells out there. maybe it's time to get a well stack for up a of them if it happens once, it can happen again. dow jones newswires reports bp shares up 10%. go bp. on jonathan serrie is with us. have we gotten reaction from inside? >> not yet. before this exercise began, federal officials said based on the pressure, that alone will give them a better idea of the flow rate and consequently, if they multiply that by the days of the disaster, a better idea how much oil has spilled. even if they don't go through with the collection containme...

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:46:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:46:00

I believe there was a dow jones alert that said the integrity test started at 2:25 central, so only 3:25. i don't know how long the tests take. >> shepard: we know bp has been dialing down the flow as part of a test on a new cap. one of fears was they would dial the flow down to where there was nothing and it might blow underneath or below the surface in the core of that well. it seemed as if that was a risk, right? >> good questions all. probably a little bit over my head so i don't want to be misleading but i'll get you someone to speak to that. >> that sounds good. we'll go to jonathan serr...

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:52:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:52:00

Crack or weak point. what they could do according to bp, say that did happen. you can then release the valves on the cap, allow the great majority of the oil to flow and bp does have in place at the top of the gulf the facilities to capture oil coming up. the reason bp is going to say this is good news is you have a cap that, if the pressure holds and they don't have leaks, you have a cap that in case of a hurricane, they can shut it down, no oil goes not gulf for 48 hours they can protect everybody and get back out. the other thing they can do, since the cap, if it holds, if the cap works, th...

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:49:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100715:19:49:00

Spouse from the gulf floor? then what do they do? >> then you have a catastrophic emergency. they went through with this test on the premise that that would be highly unlikely. this was the reason for that initial delay, the 24-hour delay the government wanting assurances from bp that this test wasn't going to make matters worse. they seem confident this is highly unlikely but if that were to happen, obviously it would be a catastrophic emergency and they would to call in even more vessels to get involved with a massive clean up. >> shepard: a lot of observers, though we don't hear about them....