As you know, BP had placed a “cap” on the blown-out well which is helping to funnel some of the oil to a tanker. BP removed that cap over the weekend and is replacing it with a tighter one.  If the project planned is successful, it would simply mean no more oil would escape to foul the Gulf of Mexico. The well would still be busted and leaking – workers would just funnel what comes out of it to tankers at the surface.

The hope for a permanent solution still remains with two relief wells intended to plug it completely far beneath the seafloor. My understanding is the first relief well could be completed before the end of July. Time will tell…