[/caption]Earlier today, President Obama gave an update on the Oil Spill in the Gulf of Mexico. He emphasized that the situation is not fully handled yet:
"The key here right now is for us to make decisions based on science, based on what’s best for the people of the Gulf -- not based on PR, not based on politics. And that’s part of the reason why I wanted to speak this morning, because I know that there were a lot of reports coming out in the media that seemed to indicate, well, maybe this thing is done.
"We won’t be done until we actually know that we’ve killed the well and that we have a permanent solution in place. We’re moving in that direction, but I don’t want us to get too far ahead of ourselves."
The new cap that is in place makes it possible to capture almost all of the oil that is leaking into the Gulf. But almost all is not enough. The work will continue until this is completely under control. This is how Mr. Obama states it:
"Now, even if a shut-in is not possible, this new cap and the additional equipment being placed in the Gulf will be able to contain up to 80,000 barrels a day, which should allow us to capture nearly all the oil until the well is killed. It’s important to remember that prior to installation of this new cap, we were collecting on average about 25,000 barrels a day.
So to summarize, the new cap is good news. Either we will be able to stop the flow, or we will be able to use it to capture almost all of the oil until the relief well is done. But we’re not going to know for certain which approach makes sense until additional data is in. And all the American people should rest assured that all of these decisions will be based on the science and what’s best for the people of the Gulf."
BP gives some figures of oil recovered so far:
"Total oil recovered from the LMRP Cap, Q4000, and Helix Producer systems since they were implemented is approx. 804,800 barrels. An additional 22,000 barrels were collected from the RIT tool earlier in May bringing the total recovered to approx. 826,800 barrels."
BP is currently doing some testing with shutting the well. Currently the well remains shut-in with no oil flowing into the Gulf.
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