Here are three links that are suggesting this might very well be an uncontrollable spew, an extremely alarming development, if true with a difficult to manage future, to say the least. I heard someone from an ocean-loving non-profit on The Dylan Ratigan Show say that if it's now just a hole with no casing spewing from the sea floor, the only solution would be a low-level nuclear detonation to turn the cracked areas of the sea floor to glass.
Here are the relevant links -
Is the BP Gusher Unstoppable? Mother Jones_
http://motherjones.com/blue-marble/2010/06/worst-already-true-BP-well-now-unstoppable
http://www.theoildrum.com/node/6593#comment-648967
http://www.aesopinstitute.org/
http://www.opednews.com/articles/B-P-Halliburton-and-Trans-by-Chris-Landau-100611-452.html
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