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Economy
Obama vows to hold BP accountable
2010-05-28
[Iran Press TV Latest] US President Barack Obama has promised to hold oil giant BP responsible for the oil spill in the Gulf of Mexico and has admitted that the US was short of the technology to deal with such a crisis.

"Make no mistake -- BP is operating at our direction. Every key decision and action they take must be approved by us in advance," he said during a news conference at the White House on Thursday.

Obama, however, added that BP will "be paying a lot of damages, and we're going to stay on them on that".

He also announced the suspension of two planned oil explorations off the coast of Alaska.

Earlier, a panel of US scientists found that between 12,000 and 25,000 barrels of oil is leaking into the gulf waters everyday. Independent scientists, however, maintain that at least 70,000 barrel of oil is gushing into water a day.

Meanwhile, Democratic sources say the Obama administration has fired the head of the US Minerals Management Service.

The move was in response to blistering criticism over the federal government's lax oversight of BP and the rest of the offshore oil industry.

The decision about Elizabeth Birnbaum, who has run the service in the Interior Department since July 2009, is among the announcements made by President Obama on Thursday.

Obama's response to the five-week-old spill has prompted growing criticism about his leadership.
Posted by:Fred

#6  I still like what Noonan said over at the WSJ -

"When your most creative thoughts in the middle of a disaster revolve around protecting your position, you are summoning trouble."

That's a 'keeper'.
Posted by: Mullah Richard   2010-05-28 10:29  

#5  I don't think they were referring to the oil well, TU
Posted by: Frank G   2010-05-28 09:52  

#4  In a White House news briefing, Obama called the five-week-old BP spill an "economic and environmental tragedy" and said he was frustrated and angry over its duration. Every morning when he's finished shaving, he said, one of his daughters quizzes him: "Did you plug the hole yet, Daddy?"

Girls, I don't think daddy could plug in a lamp without a teleprompter spewing him the instructions...
Posted by: tu3031   2010-05-28 09:15  

#3  Obama vows to hold BP accountable

As in Accounts Receivable, that would be about 10 million in small untraceable credit card donations for the reelection fund.

"Johnson. Cut the 30 second commercial ad from the next Super Bowl and schedule a luncheon at the yacht club tomorrow with Advertising where I'll tell them about the Chicago Way(tm)."
Posted by: Procopius2k   2010-05-28 08:38  

#2  "Account" is an interesting word to use for a politician who received so much in donations from BP.
Posted by: no mo uro   2010-05-28 06:07  

#1  The decision about Elizabeth Birnbaum, who has run the service in the Interior Department since July 2009, is among the announcements made by President Obama on Thursday

It really didn't happen e x a c t l y this way, but Barry's lips were moving at the time.
Posted by: Besoeker   2010-05-28 04:52  

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