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Obama threatens legal action over spill

Obama threatens legal action over spill
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President Obama has vowed that those responsible for the oil spill will be brought to justice if laws have been broken. He has also promised to toughen the law if necessary. The president introduced the chiefs of a new comission to investigate the cause of the spill and how to deal with the damage, and he had strong words for BP.

“We’ve ordered BP to pay economic injury claims and we will make sure they’ll deliver,” he said. “The small businesses administration has stepped in to help businesses by approving loans and allowing deferrals of the existing loan payments. We’ve stationed doctors and scientists across the region to look out for people’s health and monitor any ill effects felt by clean up workers and residents. And we will continue to hold BP and any other responsible parties accountable for financial losses borne by the people of the region.”

While the authorities begin to look at a criminal probe into the oil spill, Obama pledged to continue pursuing efforts to plug the leak. He said it was vital for the new commission to examine how the oil and gas industry operates, describing its relationship with watchdogs in the past as far too cosy. The Commission will report back in six months.

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