Sources at two companies involved with the well said that BP also discovered new damage inside the well below the seafloor and that, as a result, some of the drilling mud that was successfully forced into the well was going off to the side into rock formations.
"We discovered things that were broken in the sub-surface," said a BP official who spoke on the condition of anonymity. He said that mud was making it "out to the side, into the formation."
So, there is no way this cap is stopping the flow of oil. It may not be coming out where the cameras are, which is great for BP and Obama, but if the drilling mud was leaking out to the side, then so too is the oil. A subsurface blowout is forming 1000 feet down under the floor of the Gulf of Mexico. Sooner or later the accumulating oil bubble will blow through the ocean floor in a massive spill event. Maybe Obama is hoping it won't happen until November 5th.