Carter Crisis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And said let's have project independence. let's wean ourselves off foreign oil by 1980. didn't happen. what obama is trying to do, which is classic obama, not overpromise and set a goal by which he will be judged in which we can't meet. >> who was his speech aimed at mostly? was it the american people or bp executives? who is his big audience here? >> i think if you have to get to the core, certainly the people in the four states that are particularly suffering and, also, a big wrap on obama the last number of weeks that he has not been engaged enough. 53 emergency ro 53% of americans thought ...

>> am i hearing you right? the historic moment, potentially, for his presidency was not last night it's today, right now inside the oval office and what happens coming out of there? >> no question about it. a series of things are going to take place. the president informed the country last night what we're doing, where we're going forward and how this is all going to unfold. today is the next step and he also said that it is going to get capped. the president's not going to give details on how exactly he is going to do it. he is putting his credibility on line with the american people that the...

This week in the first week of the crisis, the american people would have said our president is rallying us. he doesn't know how to stop it, nobody does. at least the president is doing the right things. he's recovering now from having snoozed his way through the beginning of this. they politically thought the best course of action was to delegate, let somebody else be in charge and now they're trying to catch up. >> even if we accept your premise that it was a late start and he should have said this in the first week or second week. what he did say and the direction that he is going in, is it...

Latest updates on this topic from reliable sources.

Device and the hope is that they can actually increase the capture rate to 24,000 barrels a day and that excess is going to be burned off, as you mentioned. let's put all of this into perspective. in the beginning of this crisis, we had 1 million to r5 million barrels and today the latest estimate is -- by the end of june, they're hoping they can capture up to 50,000 barrels a day and by mid-july 80,000 barrels a day. that's more capacity than is coming out of that pipe. keep in mind every single day or every single week it seems the estimates have gone up and up on how much oil is coming out ...