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NYT: Obama Plans First Oval Office Speech To Put Pressure On BP

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Tags: Barack Obama, BP, Oil spill, United States

President Obama will use his first Oval Office speech Tuesday night to outline a plan to legally compel BP to create an escrow account to compensate businesses and individuals for their losses from the oil spill in the Gulf of Mexico, administration officials said on Sunday.

It would be part of a week of activities intended to convey presidential command of a crisis that continues to test both the government and the company.

Read the entire New York Times article here.
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