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Obama vows BP will pay for Gulf well 'recklessness'

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Bloomberg Washington

As devastation from the worst United States oil spill mounts, President Barack Obama vowed that BP Plc will pay for all damage caused by its “recklessness” and that the government would commit to restoring the Gulf Coast.

“We will fight this spill with everything we’ve got,” Obama said last night in his first address to the nation from the Oval Office. “We will make BP pay for the damage their company has caused. And we will do whatever’s necessary to help the Gulf Coast and its people recover from this tragedy,” he added.

Almost two months into the environmental disaster, Obama sought to reassure Americans as BP’s blown-out well continues spewing crude into the sea, threatening livelihoods and economies in the coastal states.

 

Obama named Ray Mabusto oversee the region’s recovery.

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First Published: Jun 17 2010 | 12:26 AM IST

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