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[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/06/16/obama.address.gi.art.jpg caption="A day after President Obama blasted BP for its "recklessness," he will meet with the company's top executives to discuss a fund to cover cleanup costs and claims stemming from the Gulf oil spill."]
Obama, BP set for Gulf oil showdown
(CNN) – President Obama will have his showdown on Wednesday with BP top executives and says he will tell the company it must pick up the tab for the massive oil disaster in the Gulf.
Obama vowed Tuesday to unleash whatever resources may be needed to fight the oil spill in the Gulf of Mexico and to keep the pressure on BP.
"We will fight this spill with everything we've got for as long it takes," Obama said after two consecutive days surveying the Gulf Coast, which is threatened by a massive oil spill that began April 20 and continues to pump oil into the Gulf waters and worry into Gulf residents.
In a prime-time speech to a national audience, the president predicted that, "in the coming days and weeks," efforts to contain the leak "should capture up to 90 percent of the oil leaking out of the well."
Ending the leak should occur later in the summer, when a relief well being drilled by BP is slated for completion, he said. Read more
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