Thursday, June 17, 2010

Obama Addresses The Nation

U.S. President Barack Obama

A gaunt looking Barack Obama, gave an unconvincing speech from the Oval Office yesterday, regarding the BP oil spill. He seemed unsure of himself and his demeanor was one of defeat, in the face of America's worst oil spill.

Obama and all the players involved are operating under uncertainty, mostly due to the tremendous difficulties they have experienced in capping an oil spill that continues to flow. A fortune in U.S. wealth is pouring out into the sea, polluting the ocean, propelled by the force of the earth, which no one has been able to fully contain thus far.

All the emphasis is being placed on BP and not enough equal blame on Halliburton and Transocean, who drilled and ran this operation on the ground, into the ground. The latter two are not doing enough in the face of what they have done to cause the environmental crisis. Both companies, in addition to BP, are worth billions and can afford to clean up the spill and pay claims to businesses that have been destroyed.

Several weeks ago, the Judiciary Report was surprised at initial estimates, claiming only a few thousand gallons of oil have been spewing into the ocean per day, as the site had estimated up to a trillion dollars in oil could end up in the ocean before this is all over, if the problem is not properly addressed. Scientists released a new estimate today, stating 2,500,000 gallons of oil are spewing into the sea on a daily basis.