President Obama Criticizes 'Ridiculous Spectacle' of Oil Executives Shifting Blame

President Obama ripped into the companies involved in the Gulf oil spill today, deriding their finger-pointing before Congress as a "ridiculous spectacle." He also promised to end a cozy relationship that has existed between federal regulators and companies drilling offshore for oil and gas.

Administration officials indicated earlier today that we'd see President Obama angry over the Gulf oil spill, and they weren't kidding. At the White House this morning, the president delivered his strongest words yet about the incident, trashing the companies involved for rampant finger-pointing as they tried to assess blame for the disaster before a Senate commiittee.