BP Chief Executive plays down effect of oil leak

The video discusses the progress in containing an oil leak on the seabed using advanced technology, which is currently producing over 1000 barrels of oil per day. The environmental impact is expected to be modest, with detailed assessments planned. The cooperation between the company and federal agencies is highlighted as a model for emergency response.

What steps will be taken to assess the environmental impact of the oil leak?

What does the speaker suggest about the cooperation between agencies in response to the oil leak?