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Obama will demand BP establish escrow account to handle oil spill claims

By Ed O'Keefe

By The Post's Ed O'Keefe and Anne E. Kornblut:

President Obama will demand that BP establish an escrow account to compensate for Gulf Coast oil spill claims when he meets with company executives on Wednesday, White House officials said Sunday.
Obama is expected to announce the details of the escrow account request during the address, which he will make upon returning to the White House after a two-day trip to the region, senior adviser David Axelrod said.
"We want to make sure that money is escrowed for the legitimate claims," Axelrod said on NBC's Meet the Press. The president's discussion with BP executives will focus on the amount of money that should be set aside in the account, an amount Axelrod said should be "substantial."

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By Ed O'Keefe  | June 13, 2010; 12:24 PM ET
Categories:  Administration  
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You ignorant Republicans trashing the President have no shame at all do you? YOUR Republican owned and operated oil industry caused this disaster, Dick Cheney deregulated standards for Republicans and BP that run the oil companies, you own it, take responsibility for the disaster, oil industry and Republicans representatives you support who caused this. It is all on you, stop passing the buck and man up to accept responsibility for your mess! Katrina was done by Mother Nature, the Gulf spill on the other hand was caused by humans, big difference, you did it, you own it, you pay for it, you take the blame for it and stop sleazing around the subject with jabs at everyone else. Drill baby drill huh? Palin is no Democrat, Liberal or environmentalist now is she! All yours! you own it, the oil is on your hands.

Posted by: Hillary08 | June 13, 2010 2:35 PM | Report abuse

I'm giggling at the poster below.
when all else fails, blame Cheney! Perhaps he himself caused this, he put on some scuba gear...funny thought.

This administration bares no responsibility?
Their response to this disaster is ok with you?

Tell me the steps that they are taking to protect La, Ala, and now Florida. you can't, because they are not.

Posted by: JBfromFL | June 13, 2010 9:51 PM | Report abuse

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