<p><br /> As President Obama makes his third trip to the Gulf since the BP oil rig ruptured, engineers have installed a containment cap on top of the 46-day old gusher and began capturing some of the spill.<br /> </p><p><br /> In a conference call, BP executives sought to reassure investors that the situation would be resolved, but put off a decision on whether to suspend paying its next quarterly dividend, as some US politicians had demanded.<br /> </p><p><br /> The company's share price gyrated in London and New York as company CEO Tony Hayward answered questions. He said the company had plenty of money to meet its obligations, including $5 billion in cash and additional credit lines it could tap if necessary. BP has already spent more than $1 billion on its response.<br /> </p><p><br /> The US Coast Guard said the containment cap placed atop the gusher a mile deep beneath the Gulf's surface was now collecting about 1,000 barrels a day.<br /> </p><p><br /> It was a sign of progress after several failed attempts by the energy giant. US officials cautioned against being too optimistic, however, since large amounts of oil are still escaping.<br /> </p><p><br /> BP does not expect to be able to fully halt the oil flow until August, when two relief wells are to be completed.<br /> </p>
