I love how nothing is Obama's fault in the press. The oil spill is Obama's Katrina. If I didn't know better and watched the coverage of Katrina, I'd think Bush caused it on purpose. Btw, Obama joking about LA rain in a time of disaster is not funny. I found it grossly offensive.
BP Corporation gets the fault for the oil rig catastrophe much as Massey Energy Corporation gets culpability for the recent coal mine catastrophe in West Virginia -- and for a bungled response. Hurricanes give much more warning to public officials than do coal mine explosions and oil rig failures.
Nobody says that Dubya caused the hurricane any more than Jimmy Carter gets blamed for the eruption of Mount St. Helens, but he certainly handled the disaster ineptly. BP Corporation tried to shift blame in an effort to reduce the PR problem. That is ultimately bad business and bad administration.