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President Obama on Gulf Oil Spill: "Ridiculous spectacle"; no more cozy relationships





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THE PRESIDENT: Good afternoon, everybody. I just finished meeting with some of my Cabinet and administration officials about the ongoing efforts to stop the BP oil spill. And I wanted to give the American people an update on these efforts, but I also want to underscore the seriousness and urgency of this crisis.

The potential devastation to the Gulf Coast, its economy, and its people require us to continue our relentless efforts to stop the leak and contain the damage. There’s already been a loss of life, damage to our coastline, to fish and wildlife, and to the livelihoods of everyone from fishermen to restaurant and hotel owners. I saw firsthand the anger and frustration felt by our neighbors in the Gulf. And let me tell you, it is an anger and frustration that I share as President. And I’m not going to rest or be satisfied until the leak is stopped at the source, the oil in the Gulf is contained and cleaned up, and the people of the Gulf are able to go back to their lives and their livelihoods.





Now, the most important order of business is to stop the leak. I know there have been varying reports over the last few days about how large the leak is, but since no one can get down there in person, we know there is a level of uncertainty. But as Admiral Thad Allen said today, our mobilization and response efforts have always been geared toward the possibility of a catastrophic event. And what really matters is this: There’s oil leaking and we need to stop it –- and we need to stop it as soon as possible. With that source being 5,000 feet under the ocean’s surface, this has been extremely difficult. But scientists and engineers are currently using the best, most advanced technology that exists to try to stop the flow of oil as quickly as possible. Continued...



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