obama oil spill

Street Wire: BP Stock Falls Ahead of CEO Meeting with Obama

BP's stock fell more than 5% in early Wednesday trading as the company's CEO Tony Hayward prepared to meet with President Barack Obama over the Gulf oil spill. Late Tuesday the president delivered an address on the Gulf oil spill that was widely met with criticism.

As BP Oil Gushes, Obama's Energy Call Falls Flat

President Obama tried to offer hope for the Gulf Coast, saying he had directed BP to take steps to "capture up to 90% of the oil." But his qualified language sounded hollow -- as did his green "national mission." And the oil gushes.