Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Obama to address nation on BP spill Tuesday

WASHINGTON (CNN) -- President Barack Obama will visit the Gulf states affected by the oil spill on Monday and Tuesday and then address the nation on Tuesday night from the White House on the next steps in responding to the environmental catastrophe, his senior adviser said Sunday.

Obama's televised statement will come the night before he is scheduled to meet with top BP officials.

David Axrelrod, the senior adviser to Obama, said the president would push BP to create a BP-funded escrow account that will pay for damage claims from the worsening oil spill. In addition, Axelrod said, the plan would call for an independent third party to handle the claims process.

"The president will use every legal device at his disposal to make sure that this money is escrowed and that there is an independent administrator so that claims are not slow-walked, people can get the relief they need in a timely fashion and that we don't create more victims from this terrible disaster," Axelrod told reporters.

Asked if Obama had legal authority to force BP (BP) to create the escrow fund, Axelrod said: "The advice is that we have the authority to compel such an escrow fund if it comes to that."

Axelrod noted that BP had "legal responsibilities to its investors but they also have a moral and legal responsibility to the people in the Gulf, and they need to satisfy that."

Asked about trying to force BP to use money intended for shareholder dividends to pay oil spill damages, Axelrod said: "Our interest is less in the dividends that they pay and in their, uh, how they deal with their shareholders than it is making sure the money is set aside for people in the Gulf. ... We're not trying to interfere with, interdict with their legal responsibilities, but we are going to make sure they meet their responsibilities to the people in the Gulf."

The administration's point man on the crisis, Coast Guard Adm. Thad Allen, said Sunday that the push for an escrow fund and third party administrator arose from concerns about BP's ability to handle the task.

"We've been very concerned about the claims process," Allen said on the CBS program "Face the Nation." "This is not a core function of an oil-producing company. And they usually retain a third party contractor to do that. It's not clear to us that there's the right of transparency involved concerning the data ... how long it takes to pay claims."

Allen noted that BP was "a company that's got a lot of wealth inside it," and therefore he believed it could handle the bill for damages.

The White House has asked U.S. television networks for time to broadcast Obama's address at 8 p.m. ET on Tuesday. According to the White House, the address is expected to be about 15 minutes long and cover the Gulf oil crisis, including reorganization at the Mineral Management Service in the Interior Department and how much oil is flowing from the broken well at the bottom of the Gulf of Mexico.

In addition, the address will look ahead to the president's meeting with BP executives on Wednesday, the White House said.

On Sunday talk shows, politicians argued over the effectiveness of the administration's response since the April 20 explosion and fire on an offshore oil rig started the disaster.

Republican Rep. Mike Pence of Indiana criticized Obama for what he called a slow reaction to the magnitude of the crisis, telling CNN's "State of the Union" that the president failed to take active leadership of the situation.

"This administration did not send Cabinet-level officials to the region until 10 days after the explosion occurred," Pence said. "It would be two weeks after the explosion occurred that we began to hear from members of Congress from the region that you literally had fishermen standing on docks, you had parish presidents who were waiting for BP to give them permission to go out and deploy boom to protect their wetlands and their coastline."

The administration "continued to fail to provide the energetic leadership that the American people expect," Pence said, adding: "I think the fact that he never spoke to the CEO of British Petroleum for the first 50 days of this incident is emblematic of the kind of detached style of leadership that we're seeing here."

On the same program, Democratic Rep. James Clyburn of South Carolina said Obama was providing a "steady hand" and the intellectual capability to understand "all the nuances of various issues" involving the oil spill and resulting disaster. He rejected complaints that Obama failed to exert sufficient leadership, noting that the government response involved multiple agencies with different responsibilities.

"When you have so many entities involved in this, then it becomes a problem of trying to get everybody on to the same page and focus on to a process that seems sometimes to be contradictory if you go from one agency to another," Clyburn said. "If this were only one or two agencies involved in this process, that would be one thing. But there must be 12, 14, almost 20 entities involved, and so managing that gets clumsy sometimes."

Clyburn also said Obama "is much more hands-on at this point than he was at the beginning."

"I don't think any of us knew the real extent of the spill, because we were getting information from BP that now we find out was not quite true, in fact, was far from the truth," Clyburn said.

-CNN's Dan Lothian, David Bohrman, Rachel Streitfeld and Tom Cohen contributed to this report To top of page

Overnight Avg Rate Latest Change Last Week
30 yr fixed3.92%3.92%
15 yr fixed2.99%2.98%
5/1 ARM3.26%3.12%
30 yr refi4.01%3.98%
15 yr refi3.08%3.04%
Rate data provided
by Bankrate.com
View rates in your area
Find personalized rates:
Index Last Change % Change
Dow 17,798.49 -14.90 -0.08%
Nasdaq 5,127.53 11.38 0.22%
S&P 500 2,090.11 1.24 0.06%
Treasuries 2.22 -0.01 -0.31%
Data as of 5:37pm ET
Company Price Change % Change
General Electric Co 30.36 0.00 0.00%
Bank of America Corp... 17.48 0.04 0.23%
HP Inc 12.61 -0.03 -0.24%
Pfizer Inc 32.79 -0.08 -0.24%
Walt Disney Co 115.13 -3.54 -2.98%
Data as of Nov 27


Sumner Redstone, the media mogul who controls Viacom and CBS, is at the center of a legal dispute. One side says he is practically unable to make decisions for himself. The other says he is "engaged and attentive." More

Gold futures hit a low of $1,051.60 an ounce, yet another reminder of just how out of favor gold has become since its all-time high of nearly $1,890 in 2011. More

Watsi crowdfunds donations to cover healthcare costs of those in need. And it's seeing a surprising trend: micro-donations via the popular Chinese social networking app, WeChat. More

Hive, a startup funded by the UN, is tasked with getting more Americans engaged with the refugee crisis. More

Shoppers around the country braved the crowds to get their hands on the best Black Friday deals. More