The president says more oil and gas drilling, nuclear energy, clean coal, increased efficiency and biofuels should get us there. But we could still end up stalled on the road.
According to the company's chairman, Tokyo Electric Power Company will permanently shut down four of the six reactors at the incapacitated nuclear plant.
Oil prices fell below $105 a barrel after Libyan rebels regained control of two key oil ports. They claim they could restart crude exports within weeks.
BP can't proceed towards a planned partnership with the Russian oil firm Rosneft. The Russian deal was supposed to be a way forward fr the company, following the Gulf of Mexico spill.