Detailed text transcripts for TV channel - CNN - 20100712:10:06:00
Well. but until the new cap is in place, as you can see, oil flows free. ed lavendera is tracking it all for us from new orleans. ed, is the company saying this is going good, that this had is working? >> reporter: we've been down this road many times over the last several months since april 20th when this oil well exploded down there in the gulf of mexico. there have been a lot of failures along the way. bp right now kind of tempering expectations here. so far they are only saying they're pleased, in their words, with the progress being made so far. but if this new cap system does indeed work...
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