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Detailed text transcripts for TV channel - MSNBC - 20100507:20:19:00

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 wall street the past ten years or the self-regulation we re seeing in energy, is there a point where we can all agree, a huge bureaucracy is a ....

Performance Goals , Oil Slick , Loop Current , Surface Volcano , Multithousand Square , Associate Editor , Washington Examiner , We Saw , Wall Street , Jp Freire ,

Detailed text transcripts for TV channel - MSNBC - 20100507:20:58:00

The loop current. we ll keep track of that, will they get this cap down? and a new amendment emerging to end or limit high-frequency trading. that will be interesting as well. that will do it for me. i am dill ill, thanks for spending some of your week with us. hardball is up next with chris matthews. flirting with disaster. let s play hardball. good evening, i m chris matthews down in washington. leading off tonight, the blame obama game. do republicans actually root for bad news these days? are they hoping for oil spills and bombing attempts so they can blame president obama? former new york governor, george pataki joins me tonight i ll ask him if he ll separate himself from the dittoheads. and watching the elephants, the republican purge is surging, ....

High Frequency Trading , Loop Current , Chris Matthews , Lets Play , Flirting With Disaster , President Obama , Oil Spills , Chris Matthews Down In Washington , George Pataki , New York State ,

Detailed text transcripts for TV channel - CNN - 20100505:11:09:00

Now. if it gets cut in the loop current it could empty out through the florida keys. officials in the keys are bracing for the potential spill impact and preparing to protect the prime tourist territory there. the calm ocean waters expected to keep the oil slick at sea for next couple of days but it is already lapping up against the shore and threatening marine life and wildlife. the oil forecast has it at the mouth of the mississippi river and inching ever closer. the massive slick grazing the shore of the barrier islands. cleanup efforts are underway, even before the oil arrives. rob marciano is live in gulfport, mississippi. how much longer are weather conditions expected to remain favorable? several days thankfully, but you have current in the gulf and mississippi river dumping into the gulf complicating matters even more. what we saw was the oil did infiltrate the chandelier ....

Doesnt Make Sense , Calm Ocean Waters , Tourist Territory , Florida Keys , Loop Current , Oil Slick , Mississippi River , Oil Forecast , Barrier Islands , Rob Marciano , Cleanup Efforts , Weather Conditions , Slick Grazing , Chandelier Islands ,

Detailed text transcripts for TV channel - MSNBC - 20100505:20:16:00

All right we re back with developing news on that massive and expanding oil spill in the gulf of mexico. now covering about 2,000 square miles in the gulf. new satellite photo shot outer edges of the slick has reached the mississippi river, delta. river also drifting into the so-called loop current, which would carry the slick east toward florida, and theoretically, around. today bp loaded a 100-ton containment on a barge. it should start capturing oil on monday, however the flow of oil does continue unabated and even though bp managed to cap one of the three leaks last night. think of it like wackomole and right now the coast guard is planning to set a controlled burn of potentially thousands of gallons of oil on the ocean s surface, or the sea s surface. meantime washington post reporting federal regulators exempted british petroleum, surprise, surprise from an environmental impact analysis last year. never asked to conduct it after concluding that a massive oil ....

Oil Spill , Gulf Coast , Satellite Photo , Mississippi River , Rig Explosion Bp , Loop Current , Coast Guard , Washington Post ,

Detailed text transcripts for TV channel - CNN - 20100505:12:11:00

Variables. one is the wind. when they go light, it gets more complicated. you have several different types of currents and eddies around the mississippi delta that make things even more complicated. that s the area of concern immediately. longer term, some of the other currents in the gulf of mexico may very well take over. so now folks along the west coast of florida and the florida keys are making preparations for the potential of the oil heading that way. this is a long-term deal here guys, whether or not it makes landfall in the mississippi coast or not. it s already done the damage out to sea and it s going to be hanging around the gulf states for quite some time. talking about that conveyor belt phenomenon, i guess, of the oil moving around and actually hitting the florida keys. explain that to us a little bit more. reporter: well, it s called a loop current. it s a strong current that actually during hurricane season we used to forecast the intensity of hurricanes because it ....

Gulf Of Mexico , Mississippi Delta , Central Florida , West Coast , Florida Keys , Gulf States , Conveyor Belt Phenomenon , Loop Current , Hurricane Season ,