News of the day, quote of note and number to know about the Gulf Coast oil spill.
News of the day
1. President Obama met today with executives of BP, including the chairman, Carl-Henric Svanberg. The president said in his speech from the Oval Office on Tuesday that he would tell Svanberg to "set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company's recklessness." Also at the meeting were Vice President Joe Biden, BP CEO Tony Hayward and a handful of others from both sides.
2. During his speech Tuesday, President Obama urged the United States to refocus its energy needs and move away from oil. “Today, as we look to the gulf, we see an entire way of life being threatened by a menacing cloud of black crude. We cannot consign our children to this future. The tragedy unfolding on our coast is the most painful and powerful reminder yet that the time to embrace a clean energy future is now,” Obama said. Republicans quickly countered and said that Obama was capitalizing on the tragedy to push his agenda.
3. Oil spill cleanup crews are helping but also hurting the Gulf, according to Plaquemines Parish President Billy Nungesser. He said that eggs of brown pelicans, which only last year was taken off the endangered species list, are being crushed by workers, as are other birds’ eggs.
Number to know
60,000: Revised estimate of the possible amount of barrels of oil that are leaking in the Gulf per day. That translates to 2.5 million gallons per day.
Quote of note
“For the last year, we’ve been hearing this argument that any kind of government intervention in the economy fundamentally detracts from human freedom. ... But nobody is saying that now about BP.” - Thomas Frank in an interview with Politico. Read the article and see other views here.