Barack Obama actually said...

By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby direct the following:

I have determined that it is necessary to continue the national emergency with respect to Libya.

I am continuing for 1 year the national emergency declared in Executive Order 13288.

Nothing in this memorandum shall be construed to impair or otherwise affect the authority granted by law to an agency, or the head thereof;