It seems that Obama will give Bibi a "do over" and let him have another chance to get it right. This is liable to have no effect unless Obama can motivate Bibi, which he failed to do before. So far, Obamas peace making efforts have been chaotic, uneven, misdirected, and generally weak. He appears to have planned to fail, which, in that case, makes his efforts a success. His planning efforts I mean and not his peace making efforts. As you can see, it's not east describing chaos.
Palestinian sources report Gaza rocket fired toward Israel explodes inside Strip (Haaretz)
from the article: 'Palestinians will give U.S. more time to relaunch peace talks'