"Summoned by President Obama, the top executives of BP, the company responsible for the catastrophic oil spill in the Gulf of Mexico, went to the White House Wednesday morning to discuss the president’s demand that the company set aside billions of dollars in an independently administered escrow account to pay claims stemming from the disaster." Helene Cooper and Jackie Calmes report for the New York Times June 16, 2010.
"Dedicating new urgency to the Gulf oil spill, President Barack Obama accused BP of 'recklessness' in the first Oval Office address of his presidency Tuesday night and swore not to rest until the company has paid for the damage it has caused to lives, businesses and shorelines.
"President Barack Obama says that the Gulf of Mexico oil spill disaster "echoes 9/11" in its power to change the course of American history.
“In the same way that our view of our vulnerabilities and our foreign policy was shaped profoundly by 9/11, I think this disaster is going to shape how we think about the environment and energy for many years to come,” Obama said in an interview with Politico's Roger Simon."
"President Obama will use his first Oval Office speech Tuesday night to outline a plan to legally compel BP to create an escrow account to compensate businesses and individuals for their losses from the oil spill in the Gulf of Mexico, administration officials said on Sunday. It would be part of a week of activities intended to convey presidential command of a crisis that continues to test both the government and the company." Jackie Calmes reports for the New York Times June 13, 2010.
"BP's chairman Carl-Henric Svanberg has been summoned to a meeting with President Barack Obama next Wednesday to answer questions about the Gulf of Mexico oil spill, an official letter said. Svanberg, a Swede, was invited to the meeting on June 16 with other company officials, but the White House did not demand to see BP CEO Tony Hayward, who Obama has said he would fire, if he could, over flippant comments." AFP had the story June 10, 2010.
"President Barack Obama has been forced to adapt his agenda to the endless challenge of the Gulf of Mexico oil spill, which threatens to sully him politically as experts struggle round-the-clock to find a fix. Next week, Obama had scheduled visits to Indonesia and Australia to follow up on a speech to Muslims he made in Cairo in 2009 and to celebrate the US-Australian strategic alliance, but the unfolding disaster for the second time scuppered his plans. Instead, Obama Monday and Tuesday will make his fourth visit to US states facing the worst environmental catastrophe in US history." AFP had the story June 13, 2010.