A brand new Obama/oil leak conspiracy theory is making the rounds courtesy of Fox News and Fox Business. The network is alleging that Obama intentionally let the oil leak so that he could ban offshore drilling. Eric Bolling said, "Are you sure they didn't let it leak so he could renege on his promise to, to, to allow some offshore drilling?"
Today on ABC's This Week BP Chairman and President Lamar McKay put to rest all of the right wing conspiracy theories that the Gulf Oil spill was an act of terrorism carried out by left wing environmentalists, or a foreign government. Instead McKay said the probable cause less sinister and more mundane, "I believe we've got a failed piece of equipment."