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Detailed text transcripts for TV channel - MSNBC - 20100713:15:11:00

so far safely done. looking at your watch with great anticipation we realize significant chances to improve our chances to contain these hydrocarbons moving forward and everyone will watch that very closely in the next 24 hours. with that, i d like to take your questions. maybe you can take us through some of the backup planning. if the well were to rupture while you have the shut in, what happens then? some sort of emergency response plan in play or what happens at that point? we have very low pressure readings and we will do this in increments. if we have sustained low-pressure readings for six hours, we can t sustain that in the long run. while there may be hydrocarbons working into the formation, a range whether we establish that is the true pressure but the scientific team has gotten together and six hours is

Detailed text transcripts for TV channel - FOXNEWS - 20100716:22:05:00

i hope it works. sigh of relief from both ends of pennsylvania avenue. even if a shut-in is not possible the new cap and the equipment in the gulf will be able to contain up to 80,000 barrels. a day. that should allow us to capture all the oil until the well is killed. glad we got a stop and let s hope it stays that way. make sure we understand what happened so it can never happen again. should the well hold, national incident commander thad allen is expected to order engineers to open valves on the sea floor and begin pumping oil up to containment vessels on the surface. the same time the officials are expected to restart drilling to relief wells allowing b.p. to permanently kill the well sometime by mid-august. good they got it stopped and now they need to focus on the clean-up.

Detailed text transcripts for TV channel - MSNBC - 20100715:05:06:00

public disclosure or in anything else that i ve seen. we did find the word shut-in in the letter from bob dudley to admiral allen on friday. but no talk about this. so i m completely confused as to why they re taking this risk of damaging the well further. so you and you have no even guess as to what they re doing or what they might be doing and telling us that they re doing this? well, i have a guess. my guess is that they re hoping to be able to shut down at least some of the production from the well so once they open it back up, or open it to the surface through the q-4000 and the helix producer, that it will be producing at a rate less than what it was open flow. so it will be harder to measure what the total flow was from the well when it was completely uncontrolled. so they re still doing taking steps to indemnify bp rather than the best available practices to shut down the disaster on the gulf floor? that s the only thing i can

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