Obama's Weekly Address: Creates Spill Independent Commission

Pres. Obama announced the formation of a new bipartisan commission charged with investigating the oil spill in the Gulf of Mexico.The seven-member commission, modeled after federal panels established after other disasters like the space shuttle Challenger accident, will have six months to come up with recommendations on how to avoid another spill. Amid criticism of how the administration has responded to the disaster and the practices of federal agencies that oversee drilling, Mr. Obama called for “a comprehensive look at how the oil and gas industry operates and how we regulate them.”