Washington: In his first ever press conference following oil spill, President Obama called it an unprecedented disaster and said that BP will pay for the losses.
Obama said, "We will demand they pay every dime they owe for the damage they`ve done and the painful losses they`ve caused."
The President while clamping a six-month moratorium told that no new oil permits shall be issued for drilling.
Talking about the leak, he remarked that it has been his government’s highest priority and all resources were being deployed as ideas were being taken from everywhere to contain the same.
He said that the challenge also lay in the fact that this kind of oil leak had not been seen before and added that the oil industry was in need of more reforms.
Cutting across party lines, the US President called on Democrats and Republicans to answer this challenge in unison once and for all.
As to the resignation of the head of the agency that overseas offshore drilling, he said, "I found out about her resignation today. I don`t know the circumstances under which this occurred."