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Live pictures from what we ve been calling the leak cam. as you can see, there is nothing leaking now. so far the capping stack is holding, we presume. otherwise engineers would have started venting oil to relieve the oil. probably relieving some political pressure on the white house, which has take answer lot of fire over the last 80 or so days for it is handling of the crisis. henry joins us now. ed, what are you hearing? reporter: earlier today the president was giving a statement on the south lawn of the white house, reacting to the fact that the cap was if place. he told me that he sees this as a positive development. as you noted, these tests are still ongoing. the president said that he doesn t want to get ahead of that. he s planning on making a statement before he heads out on a weekend to maine. ....
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Live pictures from what we ve been calling the leak cam. as you can see, there is nothing leaking now. so far the capping stack is holding, we presume. otherwise engineers would have started venting oil to relieve the oil. probably relieving some political pressure on the white house, which has take answer lot of fire over the last 80 or so days for it is handling of the crisis. henry joins us now. ed, what are you hearing? reporter: earlier today the president was giving a statement on the south lawn of the white house, reacting to the fact that the cap was if place. he told me that he sees this as a positive development. ....
The entire key issue on all. this is controlling pressure from the reservoir, and the pressure out of the reservoir right now and i m giving you a range between 11,000 to 12,000 pounds per square inch pushing up into the macondo wellbore as a result of that well that was drilled. how is the pressure being controlled? they lost pressure and that s what caused the event to begin with on the 20th of april. we had a cap recovering some of the oil, but we ve been venting oil, and when you vent oil that releases pressure and the lousiest, easiest analogy i can give you is putting a thumb on a hose to try to lower the pressure on the stream when watering the garden. we have tried to close off the hose but we can t do it completely because if you do it ....
And the pressure out of the reservoir right now. i will give you a range. i think between 11,000 and 12,000 pounds per square inch pushing up into the wellbore as a result of the well that was drilled. now, the issue is, how is that pressure being controlled? obviously, they lost pressure and that s what caused the event to begin on the 20th of april. we had a cap that has been recovering some of the oil, but we have been venting oil and when you vent oil, that releases pressure and the lousiest, easiest analogy i can give you is putting your thumb on top of a hose to get a higher pressure stream. we have been slowly using mechanisms to try and close off the hose, but we can t do it a completely because if you do it completely then there s a pressure further down in the hose that you may cause a leak. so, what we are trying to do now is actually get physical evidence because we don t know the quicondition of the wellbor and the way you do that is ....