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FEATURE

Obama: Oil Capped for Now, Problem Not Still Done





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President Obama made a brief statement to the press and took questions about the temporary nature of the new cap (live feed--may load slowly) that seemed to be holding for now, the need to finish the relief wells and about the many lives, livelihoods and wildlife impacted by the disaster.

The President cautioned the media that, while the stoppage of the flow of oil (for now) was moving in the right direction, it was not the end of the story:

"There were a lot of reports coming out in the media that maybe this thing is done. We won't be done until we know that we've actually know that we've killed the well and that we have a permanent solution in place. We're moving in that direction, but I don't want us to get too far ahead of ourselves."

"in the meantime, obviously we’ve still got a big job to do. There’s still a lot of oil out there, and that’s why we’ve got more skimmers out there, there’s better coordination on the ground along the shorelines, there’s still going to be an enormous cleanup job to do, and there’s still going to be the whole set of issues of surrounding making sure people are compensated properly, that the $20 billion fund is set up and is acting expeditiously.

So we’ve got an enormous amount of work to do and people down in the Gulf, particularly businesses, are still suffering as a consequence of this disaster. But we are making steady progress and I think the American people should take some heart in the fact that we’re making progress on this front."




Video and Full Transcript at this link

More Gulf News here.

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