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Gulf of Mexico / Oil Spill / BP #967948

CBS Evening News for Wednesday, Jun 16, 2010
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(Studio: Katie Couric) President Obama's meeting with senior executives about the oil spill in the Gulf of Mexico reported; details given about the specifics on Day 58 of the spill.

(White House: Chip Reid) The BP deal with the president for an oil spill fund examined; White House photos shown; details given about the administering of the fund by the 9/11's fund Ken Feinberg & an additional fund for laid-off oil workers. [OBAMA - says BP agreed to set aside 20 billion dollars to pay damages from the spill; states BP will meet its obligations.] [After, BP chairman Carl-Henric SVANBERG@- says we care about the "small people."] [Gulf WOMAN - responds.] A possible timetable for an energy bill discussed.

(Studio: Katie Couric) Today's gain for BP stock noted.

(Studio: Anthony Mason) How BP will pay the 20 billion over four years explained; details given about BP finances, US investment in the company, its stock values & the possibility of bankruptcy. [Oil industry analyst Andy LIPOW%- talks about BP fiances & profits.] [OBAMA - says BP is a strong company.] [BGC Partners analyst David BUIK@- says 40 percent of BP shareholders are American.] [GWS Strategy Group director Geoffrey STYLES@- says BP is a long way from bankruptcy.] The question of what happens if BP cannot cap the well discussed.

(Studio: Katie Couric) Report introduced.

(Orange Beach, Alabama: Kelly Cobiella) The use of ships to skim the oil off the water in the Gulf featured; scenes shown from on board a ship off Florida shores to show how the oil is collected from the massive spill. [Lt. Cmdr. Jeff SWANSON%- says the challenge is finding the ribbons of oil.] [Ship captain/BP contractor Gerry METHERNE%- explains his filtration system as one solution.]

(Studio: Katie Couric) Report introduced.

(Grand Isle, Louisiana; Mark Strassmann) The impact of the oil spill on Louisiana's fishing multi-ethnic community featured; scenes shown from Grand Isle, Louisiana. [Oysterman Roy HARVEY%, Croatian oysterman Vlaho MJEHOVICH%, Houma fisherman Antoine DARDAR%, tribal chief daughter Brenda Dardar ROBICHAUX@- comment on their way of life.]

Reporter(s):
Couric, Katie;
Reid, Chip;
Mason, Anthony;
Cobiella, Kelly
Duration:
00:10:50

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