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Detailed text transcripts for TV channel - CNN - 20100720:03:15:00

cap, in order to make sure it s working. that s why it s good that admiral allen has asked bp to provide a schedule, and a plan for full containment. the reason this is important, for every 10,000 barrels per day that bp spilled no the gulf of mexico, the fine is $3.5 billion. if it was 60,000 barrels per day, that would be $18 billion. so this is no small matter. if it is possible to measure the containment, to measure the oil flow with precision, then absolutely it should be done. a bp spokesman i want to talk to you a little bit about transparency because all along, we ve been suggesting and frustrated at the lack of realtime information that comes out of bp. they put out press releases hours after something has

Detailed text transcripts for TV channel - CNN - 20100720:05:14:00

oil spilled. it s clear the cap is on the well, and it is holding. this means we may never know how much oil was pouring out of there, unless between now and killing off the well, they actually test it by siphoning all the oil on to ships that would then would measure how much would pour out in a day. we still may have an opportunity to measure the full flow of oil into the gulf of mexico. we still have to monitor this cap, in order to make sure it s working. that s why it s good that admiral allen has asked bp to provide a schedule, and a plan for full containment. the reason this is important, for every 10,000 barrels per day that bp spilled no the gulf of mexico, the fine is $3.5 billion.

Detailed text transcripts for TV channel - CNN - 20100720:22:02:00

well with, and they would have more success this time filling in the well with mud which would allow them to kill this well sooner. but, they still have a ways to go in terms of the planning right now. admiral thad allen not having anything bad to say about it, and said, even if they put the mud in there and find that there is a leak, that will be valuable information, as they move forward with that relief well. so, at this point, everyone is looking to see if this could the next weapon in the arsenal to finally kill this well. sounds a lot like the top kill that did not work out so well many weeks ago, and what is the difference? well, there is a huge difference here, because the top kill involved a cap that was open at the top. remember, we saw huge clouds of mud billowing out the top of the well, and they couldn t build up enough pressure to force that mud down and keep it down in the well. with this closed system, they will be able to pump that mud in there, and using less pres

Detailed text transcripts for TV channel - CNN - 20100720:05:01:00

tonight as always we re keeping them honest. we have a right to know what is happening under the water and on the surface. thad allen told bp to provide information faster. he wants the information within four hours of what s going on down there. given how quickly things can change, and how slowly bp has communicated in the fast. you re wondering why the government isn t demanding four minutes. four hours would certainly be an improvement. we ve been reporting on bp s stranglehold on information for months now. during the top kill procedure, 16 hours went by before they informed the public it was on hold. more than 12 hours went by before they even informed thad allen, i could go on and on with examples large and small of bp s lack of transparency. the bottom line, we have a right to know. for months, we ve wondered why, even on critically important

Detailed text transcripts for TV channel - CNN - 20100720:03:01:00

of how much oil poured out of the well each day. the good news tonight, the oil s not flowing. the bad news tonight, neither is the information. tonight as always we re keeping them honest. we have a right to know what is happening under the water and on the surface. thad allen ordered bp to provide vital data faster, information about anything that s really going on down there. he wants the information within four hours of what s going on down there. given how quickly things can change, and how slowly bp has communicated in the fast. you re wondering why the government isn t demanding four minutes. four hours would certainly be an improvement. we have a right to know, after all. if you ve been watching our coverage over the last few months, you know we ve been reporting bp s stranglehold on information for months now. during the top kill procedure, 16 hours went by before they informed the public it was on hold. more than 12 hours went by before they even informed thad allen, i could

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