Intravenous Caffeine

Totally Unfair and Completely Unbalanced

Keeping the Gulf Crisis in the Short-Range View

David Cameron explains to President Obama how the needs of British pensions outweigh the loss of the Gulf of Mexico.

In Saturday's talk, Obama assured David Cameron that BP is important to the US

WASHINGTON (IVC)–President Obama and British Prime Minister met by phone on Saturday to discuss the ongoing crisis in the Gulf of Mexico. Cameron expressed his deep regret that billions of barrels of British oil were being lost in the Gulf of Mexico and that it was unfortunate that it might destroy an entire international eco-system. The President and Prime Minister reaffirmed the “special relationship” between the US and UK and expressed how they’d like to meet in person soon to administer the official special reach-arounds. Cameron reminded Obama how important BP was to the world’s economy, which, he added, “includes the USA.” According to Robert Reich, 12% of British pensions are invested in BP. Cameron continued that while BP was a British company, the problem is strictly an American one. “It’s not as if the oil will enter the Gulf Stream and head out across the Atlantic,” he noted. Obama, for his part, apologized for the emphasis everyone seemed to be placing on called BP “British” Petroleum, which was merely an unfortunate accident from the fact that BP happens to be a British company. Obama further said that he understood that this accident was not an act of war and that we would do everything possible to avoid invading Britain any time soon. The rest of the conversation was devoted to talk about their families.

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