This list was compiled from the transcript available here:
http://www.whitehouse.gov/the-press-office/remarks-president-nation-bp-oil-spill1.
The BP Deepwater Horizon disaster is the worst environmental disaster in American History.The combination of the deepness of the well and the volume of oil make it uniquely challenging to solve.
2.
The damage from this disaster will be economically and environmentally severe and will impact us for years to come. Likewise the response will go on for as long as needed.
3.
We expect to reduce the flow of oil by 90% in the coming weeks....3.1 Relief well is still the only 100% solution... completion expected by August
....3.2 Energy Secretary Chu, a Nobel Prize winning Physicist, has led a technology innovation team to reduce flow until then
4.
Cleanup has already begun....4.1 Led by Admiral Allen
....4.2 Over 30,000 personnel are involved
....4.3 17 thousand more National Guard will be activated.
....4.4 5.5 million linear feet of boom have been deployed
....4.5 Construction approved to build barrier islands
....4.6 Millions of gallons of oil have been recovered or burned
....4.7 Oil on the shores is being cleaned up
....4.8 Claims are being processed
5.
Despite all these efforts, damage is done and will continue....5.1 President is personally meeting with BP to establish an independently controlled fund to pay for damages
....5.2 BP will not control fund
....5.3 Payments for economic and environmental damages will be paid from fund
6.
Establishing a long-term Gulf Coast Restoration Plan....6.1 Led by Secretary of the Navy, Ray Mabus
....6.2 Plan will be designed by those impacted: states,
local communities, tribes, fishermen, businesses, conservationists and other Gulf residents.....6.3 Will be paid for by BP
7.
This type of disaster must never happen again. Establishing new regulatory standards....7.1 Current safety guidelines were not followed on BP Deepwater Horizon
....7.2 We will find out why, a National Commission has been established to find out why
....7.3 Commission will establish new standards to prevent this disaster
....7.4 Deepwater drilling has been stopped until we have answers
8.
MMS is a failure....8.1 Salazar did not do enough to fix the MMS
....8.2 MMS will be completely reorganized
....8.3 Influence of oil industry must be completely removed from oversight agencies
9.
No matter how much oversight and regulation, Drilling for Oil is Risky. America needs a New Energy Initiative....9.1 We must end our dependency on Fossil Fuels
....9.2 We've already made changes to reduce, but we must be bolder
....9.3 Everyone must participate in the transition from fossil fuels to Renewables
....9.4 America has made big changes in the past, they can make the change to stop using Fossil Fuels
In my opinion, for a 20-minute Oval Office Address to America, there is indeed a good bit of detail here. He covered all the bases and laid out the right road-map for moving forward. The big points: he lambasted MMS as a failure, called for a TVA-like organization with the Gulf Coast Recovery commission and issued a "Moon-shot" call with Renewable Energy and to end our use of Fossil Fuels.