Detailed text transcripts for TV channel - CNN - 20100712:17:04:00
That's happening there in the gulf. live in new orleans. ed, what is the latest? we have been watching this video. what are you hearing now in terms of what's happening underneath the sea? >> reporter: you summed it up really well. what we are hearing, waiting to hear from bp right now, just how far along they are moving with that new containment cap. they say they have been making good progress in bringing it closer to the site of where so much oil is spewing. to do this step, they have cut off back on saturday, they removed the other containment cap which wasn't containing everything. but th...