Page 3 - Kcap Holding News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Government infrastructure. day 105 of the gulf oil disaster. the temporary cap holding and the permanent sealing of the well could be within reach as early as tonight. crews could begin pumping mud and she meant into the well from above like you are seeing there. that's phase one of the static kill. phase two likely some time next week. once the relief well intercepts the ruptured line, the bottom kill maneuver can get underway. today janet napolitano is going to meet with initials officials with the way the spill has been handled. this comes with blistering controversy over how the chemical...

Chance they have of succeeding and ending this thing quickly? >> well, i think it's a good way to hedge bets. >> all right, let her rip. >> reporter: in the static kill demonstration created by lsu engineers, you can see the mud sinking, the oil no longer surging up against it. at the same time, work continues on those relief wells. one of which could intersect the crippled well as early as next week. but all of that is contingent on the stacking cap holding. as big as a school bus, it may be leaking. apparently not seriously. that little bit of good news offset by word bp is selling off $7 bi...

News right now. everything they're seeing is no negative indication whatsoever that there is any oil leaking out from this area. so instead of stopping this test after 48 hours, that abundance of caution, the mindset they have had for so long is kicking back in. bp saying along with the joint command they may continue to go on with the testing before they make any decision about the future of this well. but in the meantime, now that we have passed 48 hours with no oil leaking into the gulf of mexico, cleanup efforts on the surface have really gone into high gear. with no new oil appearing they...