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And they're hoping that that along with another surface vessel they're going to connect to that busted well will be able to contain virtually all of that oil. now, this is about containment. it's not about shutting down the source of that oil, that would come in the form of these relief wells that they're currently working on. this week, bp has said they're a little bit ahead of schedule, that they could possibly be done by the end of july, about two weeks earlier than they had said before. and if that is the case, that well would be permanently shut down. this weekend is all about containment...

Massive leak. let's get the details live from venice, louisiana. with a good saturday morning to you, what can you tell us about this new plan? >> reporter: good morning, alex. essentially, what they're trying to do is increase containment to the point that no more oil is leaking into the gulf. so this is about containment. it's not about shutting down that well. and the way that they're going to try to go about doing that is by replacing the current containment cap which has been successful to a degree in capture something oil with a better, more efficient cap with a tighter seal that can cap...

Those of your fast five headlines. cautious optimism along the gulf coast. crews might be able to finally contain the gushing oil well in the gulf of mexico by monday. let's get the details now from . >> what bp is working on is containment to the point where there is no more oil leaking in the gulf of mexico. they have a containment cap in place, it's been successful in capping that oil. they have a service vessel in place collecting oil. what they want to do is replace that cap with a more efficient cap, one with a tighter seal that will be able to capture more oil. in addition to that, th...

Pipelines that are already in the area, again, to try to divert that flow of oil. they are also continuing with their plans of containment. right now they're trying to connect a surface vessel to that well so they can keep as much oil as possible from getting into the water. that's something they're working on connecting right now. >> mara, thank you. >> it was so hot in washington nancy pelosi skipped the botox and had her face injected with frozen yogurt. that's how bad. >> from heat to high humidity in the northeast and continued stress for the nation's power grid. nbc news correspondent ro...

They want them to appear at a meeting on thursday and they've already said they're not coming. bp rigged another containment system in the gulf. this isn't just capturing oil, it is burning it off. mara, why would they burn it and create all that pollution in the air instead of just recapturing, and i don't know, refine it and use it? >> that's a great question, contessa. this second containment system is designed to direct oil to a surface vessel. they're hoping to get to about 10,000 barrels of oil a day and they say they'll be burning all of it. and the reason for that is because the vess...