Detailed text transcripts for TV channel - CNN - 20100715:21:01:00
The new well cap has been under way for three hours. there's still lots of risk and uncertainty as this test moves forward. we're keeping a very close watch on the live cameras beneath the surface. let's go to cnn's ed lavandera. first, he's in new orleans to tell our viewers what is happening right now. ed? >> reporter: well, wolf, i really think the news of this moment is just the visual aspect of this. for almost three months we've seen oil gushing into the gulf of mexico, and even though it's very likely a temporary moment here to be able to see pictures coming from 5,000 feet below the su...