8:01 P.M. EDT 
THE PRESIDENT:  Good evening.  As we speak, our nation faces a  multitude of challenges.  At home, our top priority is to recover and  rebuild from a recession that has touched the lives of nearly every  American.  Abroad, our brave men and women in uniform are taking the  fight to al Qaeda wherever it exists.  And tonight, I’ve returned from a  trip to the Gulf Coast to speak with you about the battle we’re waging  against an oil spill that is assaulting our shores and our citizens.
 On April 20th, an explosion ripped through BP Deepwater Horizon  drilling rig, about 40 miles off the coast of Louisiana.  Eleven workers  lost their lives.  Seventeen others were injured.  And soon, nearly a  mile beneath the surface of the ocean, oil began spewing into the water.
 Because there has never been a leak this size at this depth, stopping  it has tested the limits of human technology.  That’s why just after  the rig sank, I assembled a team of our nation’s best scientists and  engineers to tackle this challenge -- a team led by Dr. Steven Chu, a  Nobel Prize-winning physicist and our nation’s Secretary of Energy.   Scientists at our national labs and experts from academia and other oil  companies have also provided ideas and advice.
 As a result of these efforts, we’ve directed BP to mobilize  additional equipment and technology.  And in the coming weeks and days,  these efforts should capture up to 90 percent of the oil leaking out of  the well.  This is until the company finishes drilling a relief well  later in the summer that’s expected to stop the leak completely. 
 Already, this oil spill is the worst environmental disaster America  has ever faced.  And unlike an earthquake or a hurricane, it’s not a  single event that does its damage in a matter of minutes or days.  The  millions of gallons of oil that have spilled into the Gulf of Mexico are  more like an epidemic, one that we will be fighting for months and even  years. 
 But make no mistake:  We will fight this spill with everything we’ve  got for as long as it takes.  We will make BP pay for the damage their  company has caused.  And we will do whatever’s necessary to help the  Gulf Coast and its people recover from this tragedy. 
 Tonight I’d like to lay out for you what our battle plan is going  forward:  what we’re doing to clean up the oil, what we’re doing to help  our neighbors in the Gulf, and what we’re doing to make sure that a  catastrophe like this never happens again. 
 First, the cleanup.  From the very beginning of this crisis, the  federal government has been in charge of the largest environmental  cleanup effort in our nation’s history -- an effort led by Admiral Thad  Allen, who has almost 40 years of experience responding to disasters.   We now have nearly 30,000 personnel who are working across four states  to contain and clean up the oil.  Thousands of ships and other vessels  are responding in the Gulf.  And I’ve authorized the deployment of over  17,000 National Guard members along the coast.  These servicemen and  women are ready to help stop the oil from coming ashore, they’re ready  to help clean the beaches, train response workers, or even help with  processing claims -- and I urge the governors in the affected states to  activate these troops as soon as possible. 
 Because of our efforts, millions of gallons of oil have already been  removed from the water through burning, skimming and other collection  methods.  Over five and a half million feet of boom has been laid across  the water to block and absorb the approaching oil.  We’ve approved the  construction of new barrier islands in Louisiana to try to stop the oil  before it reaches the shore, and we’re working with Alabama, Mississippi  and Florida to implement creative approaches to their unique  coastlines. 
 As the cleanup continues, we will offer whatever additional resources  and assistance our coastal states may need.  Now, a mobilization of  this speed and magnitude will never be perfect, and new challenges will  always arise.  I saw and heard evidence of that during this trip.  So if  something isn’t working, we want to hear about it.  If there are  problems in the operation, we will fix them. 
 But we have to recognize that despite our best efforts, oil has  already caused damage to our coastline and its wildlife.  And sadly, no  matter how effective our response is, there will be more oil and more  damage before this siege is done.  That’s why the second thing we’re  focused on is the recovery and restoration of the Gulf Coast. 
 You know, for generations, men and women who call this region home  have made their living from the water.  That living is now in jeopardy.   I’ve talked to shrimpers and fishermen who don’t know how they’re going  to support their families this year.  I’ve seen empty docks and  restaurants with fewer customers -– even in areas where the beaches are  not yet affected.  I’ve talked to owners of shops and hotels who wonder  when the tourists might start coming back.  The sadness and the anger  they feel is not just about the money they’ve lost.  It’s about a  wrenching anxiety that their way of life may be lost. 
 I refuse to let that happen.  Tomorrow, I will meet with the chairman  of BP and inform him that he is to set aside whatever resources are  required to compensate the workers and business owners who have been  harmed as a result of his company’s recklessness.  And this fund will  not be controlled by BP.  In order to ensure that all legitimate claims  are paid out in a fair and timely manner, the account must and will be  administered by an independent third party. 
 Beyond compensating the people of the Gulf in the short term, it’s  also clear we need a long-term plan to restore the unique beauty and  bounty of this region.  The oil spill represents just the latest blow to  a place that’s already suffered multiple economic disasters and decades  of environmental degradation that has led to disappearing wetlands and  habitats.  And the region still hasn’t recovered from Hurricanes Katrina  and Rita.  That’s why we must make a commitment to the Gulf Coast that  goes beyond responding to the crisis of the moment. 
 I make that commitment tonight.  Earlier, I asked Ray Mabus, the  Secretary of the Navy, who is also a former governor of Mississippi and a  son of the Gulf Coast, to develop a long-term Gulf Coast Restoration  Plan as soon as possible.  The plan will be designed by states, local  communities, tribes, fishermen, businesses, conservationists and other  Gulf residents.  And BP will pay for the impact this spill has had on  the region.  
 The third part of our response plan is the steps we’re taking to  ensure that a disaster like this does not happen again.  A few months  ago, I approved a proposal to consider new, limited offshore drilling  under the assurance that it would be absolutely safe –- that the proper  technology would be in place and the necessary precautions would be  taken.
 That obviously was not the case in the Deepwater Horizon rig, and I  want to know why.  The American people deserve to know why.  The  families I met with last week who lost their loved ones in the explosion  -- these families deserve to know why.  And so I’ve established a  National Commission to understand the causes of this disaster and offer  recommendations on what additional safety and environmental standards we  need to put in place.  Already, I’ve issued a six-month moratorium on  deepwater drilling.  I know this creates difficulty for the people who  work on these rigs, but for the sake of their safety, and for the sake  of the entire region, we need to know the facts before we allow  deepwater drilling to continue.  And while I urge the Commission to  complete its work as quickly as possible, I expect them to do that work  thoroughly and impartially.       
 One place we’ve already begun to take action is at the agency in  charge of regulating drilling and issuing permits, known as the Minerals  Management Service.  Over the last decade, this agency has become  emblematic of a failed philosophy that views all regulation with  hostility -- a philosophy that says corporations should be allowed to  play by their own rules and police themselves.  At this agency, industry  insiders were put in charge of industry oversight.  Oil companies  showered regulators with gifts and favors, and were essentially allowed  to conduct their own safety inspections and write their own  regulations.  
 When Ken Salazar became my Secretary of the Interior, one of his very  first acts was to clean up the worst of the corruption at this agency.   But it’s now clear that the problem there ran much deeper, and the pace  of reform was just too slow.  And so Secretary Salazar and I are  bringing in new leadership at the agency -- Michael Bromwich, who was a  tough federal prosecutor and Inspector General.  And his charge over the  next few months is to build an organization that acts as the oil  industry’s watchdog -- not its partner. 
 So one of the lessons we’ve learned from this spill is that we need  better regulations, better safety standards, and better enforcement when  it comes to offshore drilling.  But a larger lesson is that no matter  how much we improve our regulation of the industry, drilling for oil  these days entails greater risk.  After all, oil is a finite resource.   We consume more than 20 percent of the world’s oil, but have less than 2  percent of the world’s oil reserves.  And that’s part of the reason oil  companies are drilling a mile beneath the surface of the ocean --  because we’re running out of places to drill on land and in shallow  water. 
 For decades, we have known the days of cheap and easily accessible  oil were numbered.  For decades, we’ve talked and talked about the need  to end America’s century-long addiction to fossil fuels.  And for  decades, we have failed to act with the sense of urgency that this  challenge requires.  Time and again, the path forward has been blocked  -- not only by oil industry lobbyists, but also by a lack of political  courage and candor.  
 The consequences of our inaction are now in plain sight.  Countries  like China are investing in clean energy jobs and industries that should  be right here in America.  Each day, we send nearly $1 billion of our  wealth to foreign countries for their oil.  And today, as we look to the  Gulf, we see an entire way of life being threatened by a menacing cloud  of black crude.
 We cannot consign our children to this future.  The tragedy unfolding  on our coast is the most painful and powerful reminder yet that the  time to embrace a clean energy future is now.  Now is the moment for  this generation to embark on a national mission to unleash America’s  innovation and seize control of our own destiny.
 This is not some distant vision for America.  The transition away  from fossil fuels is going to take some time, but over the last year and  a half, we’ve already taken unprecedented action to jumpstart the clean  energy industry.  As we speak, old factories are reopening to produce  wind turbines, people are going back to work installing energy-efficient  windows, and small businesses are making solar panels.  Consumers are  buying more efficient cars and trucks, and families are making their  homes more energy-efficient.  Scientists and researchers are discovering  clean energy technologies that someday will lead to entire new  industries. 
 Each of us has a part to play in a new future that will benefit all  of us.  As we recover from this recession, the transition to clean  energy has the potential to grow our economy and create millions of jobs  -– but only if we accelerate that transition.  Only if we seize the  moment.  And only if we rally together and act as one nation –- workers  and entrepreneurs; scientists and citizens; the public and private  sectors. 
When I was a candidate for this office, I laid out a set of principles  that would move our country towards energy independence.  Last year, the  House of Representatives acted on these principles by passing a strong  and comprehensive energy and climate bill –- a bill that finally makes  clean energy the profitable kind of energy for America’s businesses. 
 Now, there are costs associated with this transition.  And there are  some who believe that we can’t afford those costs right now.  I say we  can’t afford not to change how we produce and use energy -– because the  long-term costs to our economy, our national security, and our  environment are far greater. 
 So I’m happy to look at other ideas and approaches from either party  -– as long they seriously tackle our addiction to fossil fuels.  Some  have suggested raising efficiency standards in our buildings like we did  in our cars and trucks.  Some believe we should set standards to ensure  that more of our electricity comes from wind and solar power.  Others  wonder why the energy industry only spends a fraction of what the  high-tech industry does on research and development -– and want to  rapidly boost our investments in such research and development.   
 All of these approaches have merit, and deserve a fair hearing in the  months ahead.  But the one approach I will not accept is inaction.  The  one answer I will not settle for is the idea that this challenge is  somehow too big and too difficult to meet.  You know, the same thing was  said about our ability to produce enough planes and tanks in World War  II.  The same thing was said about our ability to harness the science  and technology to land a man safely on the surface of the moon.  And  yet, time and again, we have refused to settle for the paltry limits of  conventional wisdom.  Instead, what has defined us as a nation since our  founding is the capacity to shape our destiny -– our determination to  fight for the America we want for our children.  Even if we’re unsure  exactly what that looks like.  Even if we don’t yet know precisely how  we’re going to get there.  We know we’ll get there.   
 It’s a faith in the future that sustains us as a people.  It is that  same faith that sustains our neighbors in the Gulf right now.        
 Each year, at the beginning of shrimping season, the region’s  fishermen take part in a tradition that was brought to America long ago  by fishing immigrants from Europe.  It’s called “The Blessing of the  Fleet,” and today it’s a celebration where clergy from different  religions gather to say a prayer for the safety and success of the men  and women who will soon head out to sea -– some for weeks at a time.
The ceremony goes on in good times and in bad.  It took place after  Katrina, and it took place a few weeks ago –- at the beginning of the  most difficult season these fishermen have ever faced. 
 And still, they came and they prayed.  For as a priest and former  fisherman once said of the tradition, “The blessing is not that God has  promised to remove all obstacles and dangers.  The blessing is that He  is with us always,” a blessing that’s granted “even in the midst of the  storm.” 
 The oil spill is not the last crisis America will face.  This nation  has known hard times before and we will surely know them again.  What  sees us through -– what has always seen us through –- is our strength,  our resilience, and our unyielding faith that something better awaits us  if we summon the courage to reach for it.
 Tonight, we pray for that courage.  We pray for the people of the  Gulf.  And we pray that a hand may guide us through the storm towards a  brighter day.  Thank you, God bless you, and may God bless the United  States of America.
 END
8:18 P.M. EDT