July 12, 2010 BP latest news on Cap that is supposed to stop the oil leak here today there are 65,000 barrels of oil coming out of the well. The oil is still flowing freely into the Gulf and The work continues today but they are getting closer to installing the tighter fitting cap that should contain all if not most of the oil spilling into the Gulf.
This is not a final fix and ultimately they will have to use the relief wells #1 and relief well #2 that are still questionable as to whether these two wells will work to cap the oil. BP still has to pump mud and cement the well shut that is if BP is willing to give up this cash cow of a well, and it seems this has not been clarified. What could happen is BP could keep postponing the capping of this well so they can get the oil up through the relief wells indefinitely. However BP has not indicated what their final goals are with this disaster at the Horizon rig that blew up April 20, 2010 almost 3 months ago today.
There is cautious optimism on BP’s success rate so far and record of failures in capping this well from the beginning. More wildlife are showing up dead, the water near or within 10 miles of the broken well site is cloudy with oil and dispersant. The addition of dispersant some 1 million gallons of the chemical solvent has spread the oil and sunk most of it to the bottom of the ocean. This was the most deadly use of chemicals in an oil spill in history and it did not work for the Exxon Valdez spill in the seventies.
Tags: BP Latest News on Cap, BP Oil Cap July 12, 2010, BP Capping the Oil Leak, World Waits for BP to Cap Oil Leak, Politicol News-BP Latest news on Cap, BP Oil Spill, BP Oil, BP.