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Detailed text transcripts for TV channel - FOXNEWS - 20100616:09:04:00

Government or anybody else. the fact is, they are saying they have the ability to pay and they will pay. so it bothers me to talk about causing an escrow to be made which will which makes it less likely they will make the income they need to pay us. greta: governor how are the conversations you had with the president? what did you walk away from those conversations thinking? president and i disagree on this escrow fund. we ve strongly disagree on the moratorium. 30% of american oil is produced in the gulf of mexico, and about 80% of that is produced in deep water, not shallow water. we shutdown the gulf of mexico people worry about the cost of jobs they sure will they ought to also worry about the effect the reduction on american ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100615:02:02:00

Dividends to share holders and a year or two from now declaring bankruptcy and saying we are out of money. this may make sense as good policy. i think the president and the congress are trying to divert attention from their own malfeasance and the incompetence of the federal government in dealing with this crisis as well. greta: let me play devil s advocate. if bp is not in financial trouble or uncertainty about finances in the future, not likely to go into bankruptcy, does that make a difference? although it is the villain today it is a very successful financially, not oil spill-wise financially business. if it is not likely to go into bankruptcy, why force the escrow now? because we don t know how big these liabilities will be greta. as i said earlier, they could be in the tens of billions i ve seen estimates 50 to 100 billion dollars in terms of environmental and economic ....

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Detailed text transcripts for TV channel - MSNBC - 20100615:04:04:00

Still trying to figure out how this is going to work. because they don t have the power to order some sort of escrow. it s certainly what everybody i think on both sides wants to come up with some sort of idea. bp obviously wants some profession that if they agree to this escrow, they would like protection to know that somehow, they re isn t going to be more money asked for at end of the day. and they want a safety net in case they find out this things is years, there s some sort of environmental impact that we don t know about now. but if it s discovered in a couple of years, that they can still go back to bp and hold them responsible. so i think those are the big sticking points here, chris. let s look at something the president said the other day in his interview with roger simon who s going to be on the program later. i think it s fair to say six months ago before the spill happened i had gone to congress and had said we need to crack down a lot harder on oil companies and we nee ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100616:05:04:00

Government or anybody else. the fact is, they are saying they have the ability to pay and they will pay. so it bothers me to talk about causing an escrow to be made which will which makes it less likely they will make the income they need to pay us. greta: governor how are the conversations you had with the president? what did you walk away from those conversations thinking? president and i disagree on this escrow fund. we ve strongly disagree on the moratorium. 30% of american oil is produced in the gulf of mexico, and about 80% of that is produced in deep water, not shallow water. we shutdown the gulf of mexico people worry about the cost of jobs they sure will they ought to also worry about the effect the reduction on american ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100614:15:02:00

Mississippi, he ll meet republican governor haley barbour, meet local business leaders and talk to the coast guard about the efforts undertaken to protect the mississippi boast, the alabama coast, then he comes to theodore to look at this staging area and give remarks. you mentioned bp in a letter to the coast guard delivered last night responded to the coast guard s demand over the weekend to increase its ability to contain spilled oil. they ve upped that by bp by 50,000 barrels a day, the target containment amount by the end of this month. the administration considers that progress. meanwhile late yesterday, 54 united states senators sent a letter to bp demanding it set aside $20 billion in escrow and not pay out its quarterly dividend of about $10 billion in order to prepare itself to pay all of the relative economic and environmental claims relate to this oil spill. yesterday we got a chance to go to orange beach, alabama. the beach necessary gulfport, mississippi are clean, the on ....

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