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Everything they can think of. they've going to run in parallel tracks until one of these solutions comes through for them. so hence, the top hat is going to be continue to be pushed, they're going to continue looking at putting additional b.o.p. stack in, to be able to shut the well flow off. all of these things are on the table. and rather than trying one and waiting to see what happens, they're going parallel. so that the, for example the relief well is already down about 5,000 feet. >> and what is your sense of the potential path for the oil slick? is it possible over a period of months to ...

>> reporter: they have talked about the next interim measures between what ultimately doesn't seem to have worked, the containment dome in the gulf. and the relief well which is months and months away. whether or not those will be successful remains to be seen, but i don't think people are particularly hopeful. i think they are planning for the worse case scenario with oil continuing to rush into the gulf. the real danger is it gets caught in the loop current and bring the slip of oil ultimately up the eastern seaboard. >> no doubt about it. thank you so much, will you please tell the leaf blo...

David mattingly and the ceo of bp. >> we are the responsible party. we are going to clean this up fully and completely and we have said very clearly where there are legitimate claims or business interruption, then we will be good for them. >> reporter: legitimate claims for long-term, short-term? >> legitimate claims. >> reporter: how many years are you prepared to pay fishermen for a bad catch? >> i said legitimate claims. >> so does that reassure you that whatever damage might come to florida in terms of tourism or fishing will be covered by bp? >> no. if they get this thing contained in the...

Several months, it's going to cover up the gulf coast and it's going to get down into the loop current and that's going to take it down the florida keys and up the east coast of florida. you are talking about massive economic loss to our tourism, our beaches, to our fisheries, very possibly disruption of our military testing and training, which is in the gulf of mexico. so when i pressed the b.p. ceo on that statement, his response was above his limited liability of $75 million, which is the statute, he says, well, we will have to work that out. >> senator shelby, there is a move in part from ...

Collect our royalties, they do not actually write or implement most regulations. the agency says that they simply set broad performance goals. like a manager would. leaving oil companies largely free to police themselves. so that crazy things like a giant 5,000 feet beneath the surface volcano of oil that erupts, creating a multithousand square-acre oil slick that threatens to enter the loop current and go around our continent -- well, that would never happen. here to mix it up is our panel, associate editor of the "washington examiner," j jp freire. jp, whether the self-regulation we saw on w...