Mr Johnson told BBC Radio 4's Today programme: 'I do think there's something slightly worrying about the anti-British rhetoric that seems to be permeating from America. I would like to see a bit of cool heads rather than endlessly buck-passing and name-calling.
'When you consider the huge exposure of British pension funds to BP it starts to become a matter of national concern if a great British company is being continually beaten up on the airwaves. It was an accident that took place and BP is paying a very, very heavy price indeed.'
Writing on his website, Lord Tebbit said Mr Obama’s attitude was explicable but ‘despicable’.
‘The whole might of American wealth and technology is displayed as utterly unable to deal with the disastrous spill - so what more natural than a crude, bigoted, xenophobic display of partisan political Presidential petulance against a multinational company?,' he said.