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Detailed text transcripts for TV channel - MSNBC - 20100715:15:20:00

range of 60,000 barrels a day based on the new rate we developed years ago. they provided a plan to us. the capping stack that is on right now is actually part of the containment plan that we ordered them to provide. while we had the opportunity to potentially shut in the well, if the readings are correct, what this really does for us is give us four different outlets to go to four different production platforms and the capacity to us low us to cover 60,000 to 80,000 barrels a day, which is above the maximum floor rate that we estimate right now. those are the two parts to that. operator, we can go ahead and take phone calls from line now. to answer a question on the phone lines, please, press star 1. you have a question from the associated press. thank you very much. admiral, can you give us a little idea right now from what you ve seen from this latest effort on whether this, did this cap is going to work as it s

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