Monday, June 14, 2010
Obama plans a fourth trip to the Gulf Coast before making a speech from the Oval Office outlining the position of the White House on the BP oil spill. News has gotten grimmer and grimmer these past weeks, as the volume of oil spewing out of the Deep Horizon well is now estimated at over a million gallons per day, based on new spillcam observations, making it by far the worst oil spill in US history.
The President appears to be bearing the brunt of criticism, as Gulf Coast governors question his leadership and coordination efforts. The same governors who wanted no part of the federal stimulus bill or national health care.
Meanwhile, BP stocks continue to tumble with revelations of much more oil spilling out of the well head than previously thought, along with very high quantities of methane gas that threaten the invaluable food chain in the Gulf of Mexico.