Could they just stuff a couple of rolls of toilet paper down the hole, works for my 4 year old nephew...
I doubt that anything they do will stop the oil from flowing, until they bring in the new well (to relieve the pressure), which will also save their claim on the site, and rights to the oil.
It's still amazing, that all the decades of argument and debates, backroom deals, there weren't some well planned out course of action, before any drill was ever allowed offshore. The Gulf is a hurricane magnet, and seems that would be risk enough to be prepared for the worst. This figure it out as we go stuff, just doesn't seem right at all. Dealing with the oil slick is another disappointing effort, divert, disperse, then mop up the rest as it comes ashore. Where's the new improved methods? Seems like the tried, and best we've had for decades...