The Oil Spill and the Obama Presidency

At the White House today, BP agreed to establish a $20 billion escrow fund to pay claims from the worst oil spill in American history. Last night, in his first address from the Oval Office, President Obama promised to restore the Gulf Coast and to prevent such a disaster from happening again. The President demanded action, but his speech was short on specifics. What about controlling the spill? Should offshore drilling continue? Did he make the case for an energy bill to start weaning the country off the oil economy? Did he reassure Americans that his Administration is fully in charge?