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Detailed text transcripts for TV channel - CNN - 20100714:11:01:00

guarantees the cap will work. also, this the obama administration sending another bill to bp, this one for $99.7 million. david mattingly is live in new orleans. david, you went out there yesterday, out into the gulf with the coast guard visiting the oil spill site. i guess you thought all those horns would blow signaling the ento t end to the crisis. reporter: if this well was about to be skapd, it certainly didn t look like it. i saw an operation gearing up, not gearing down to collect more oil. you re looking at the u.s. coast guard cutter resolute. that ship was our ride out here. it took us overnight coming from pensacola. but now we ve arrived at our destination behind us here is the very spot where the deepwater horizon rig caught fire, sank to the bottom of the ocean and started that huge

Detailed text transcripts for TV channel - CNN - 20100714:10:02:00

it took us overnight coming from pensacola. but now we ve arrived at our destination behind us here is the very spot where the deepwater horizon rig caught fire, sank to the bottom of the ocean and started that huge environmental and economic disaster. and this is a critical time. one mile beneath my feet, testing is under way that could lead to capping the well. these images of the oil spewing into the gulf may soon be just a bad memory. but you wouldn t know it by what you see on the surface. just some quick observations of what we see out here, it looks like a small city of vessels, about 10 or 20 large ships out there, two of them clearly producing oil, pumping it up from below. that s where we see the large flames erupting as they burn off the natural gas that comes up. i asked our coast guard escort to go in for a closer look. i wanted to see if there was anything going on that might show this catastrophe is turning a corner. but this was as close as we could go.

Detailed text transcripts for TV channel - CNN - 20100714:13:02:00

leaking oil instead of shutting down. you are looking at the u.s. coast e coast guard resolute. that was our ride out here. it took us overnight from pensacola. now we arrived at our destination behind us here is the very spot where the deepwater horizon rig caught fire, sank to the bottom of the ocean and started that huge environmental and economic disaster. and this is a critical time. one mile beneath my feet testing is under way that could lead to capping the well. these images of the oil spewing into the gulf may soon be just a bad memory. but you wouldn t know it by what you see on the surface. quick observations of what we see out here. it looks like a small city of vessels. about 10, 20 large ships out there, two of them clearly producing oil. pumping it up from below. that s where we see the large flames erupting after they burn off the natural gas that comes up. i asked our coast guard escort to go in for a closer look.

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