President Obama did not hold back on voicing his continued dissatisfaction with how the BP (NYSE:BP) disaster has been handled as a whole, in his weekly television and Internet address. He said that offshore oil drilling would not continue unless there were assurances that such an incident would not happen again.
It is not only BP Obama had strong words for, Halliburton and Transocean were also recipients. He also is holding Washington accountable for mending its ways. Obama is unleashing a commission to investigate the disaster.
As political stakes continue to grow, President Obama said, "first and foremost, what led to this disaster was a breakdown on the part of BP and perhaps others, including Transocean and Halliburton."
"And we will continue to hold the relevant companies accountable not only for being forthcoming
and transparent about the facts surrounding the leak, but for shutting it down, repairing the damage it does, and repaying Americans who have suffered a financial loss, said Obama."
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