constructive conversation. my hope is by the time the chairman and i meet on wednesday, that we made sufficient progress that we can start to actually see a structure that would be in place. >> reporter: the president says he hopes to have the announcement wednesday. the meeting at the white house with the b.p. executives would occur after the oval office address to the nation under the spill. under the administration pressure, b.p. said today would increase oil containment by 20,000 barrels a day. by the end of the month, by 40,000 barrels a day by mid-july. >> bret: major garrett in alabama. thank you. we will have complete coverage of the president's speech, plus analysis tuesday night. 8:00 p.m. eastern. the disaster has renewed the call by some to eliminate america's dependence on oil. foreign and domestic. correspondent james rosen looks at how realistic that idea is. >> oil can cause horrific accidents and environmental damage and often comes from the places where government is unfriendly to americans or at best uncertain ally.