video of oil spilling from pipe underwater

New Underwater footage of BP oil leak at the source

Here is some footage of the oil as it shoots out of the pipe. It is a huge amount of oil.

More Info About the Gulf of Mexico Oil Spill

Gulf of Mexico oil spill reaches Louisiana coast

More information about the spill

A Peek at the Wellhead

Oil spill: Gulf of Mexico disaster 'growing by the moment'

This article has a nice graphic of the well head including an image taken of the robot submersible of the robot arm doing it's work. I see that there isn't a problem getting up to the well head and its BOP or Blow Out Preventer. So, is the problem electrical with the switches? Or is it a failure of an electronic or mechanical component? Is this something that can be repaired? If not, then why not?