BP has managed to stem the flow of oil leaking into the Gulf Harbor with the test cap it successfully placed on the well 48 hours ago.

A BBC report indicated that high pressure is currently being maintained on the newly capped well, and that if the pressure within the new cap on the well stays high, it could indicate the absence of other leaks or ruptures within the wellbore.
According to the report, the pressure within the well was at 6,700 pounds per square inch on Friday morning and steadily rising.
An official stated: "If it were to drop below 6,000psi that would probably mean there was a problem within the well. If it continues rising and stays over 8,000psi that would probably mean the well was intact".
Whilst the halt in oil is a great step forward most people are still taking a cautious outlook. President Obama has warned folk not to get too far ahead of themselves, as the cap is still only in the test phase, and there is still the huge issue of dealing with the oil that has already infiltrated the ocean and coastline eco-systems.
According to Yahoo news:
Long after the well is finally plugged, oil could still be washing up in marshes and on beaches as tar balls or disc-shaped patties. The sheen will dissolve over time, scientists say, and the slick will convert to another form.
There are also still issues surrounding the legal claims put forward by affected parties and the flow-on effects for people living in the areas affected by the oil spill. Loss of livelihood will force people to move from the region, which is bound to have further repercussions.
Despite this, BP's stock seem to already be on the rise following the successful placement of the cap.
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