Obama wants to curb U.S. oil imports by a third
WASHINGTON (Reuters) – President Barack Obama will set an ambitious goal on Wednesday to cut U.S. oil imports by a third over 10 years, focusing on energy security amid high gasoline prices that could stall the country's economic recovery.
Obama will outline his strategy in a speech after spending days explaining U.S.-led military action in Libya, where fighting, accompanied by popular unrest elsewhere in the Arab world, has helped push gasoline prices toward $4 a gallon.
Discussing the speech, the Democratic president said the country must increase its energy independence.
"What we were talking about was breaking the pattern of being shocked at high prices and then, as prices go down, being lulled into a trance, but instead let's actually have a plan," Obama told party activists in New York late on Tuesday.
"Let's, yes, increase domestic oil production, but let's also invest in solar and wind and geothermal and biofuels and let's make our buildings more efficient and our cars more efficient. Not all of that work is done yet, but I'm not finished yet. We've got more work to do," Obama said.
The White House says this is a deliberate turn toward energy security and will be followed by other events to highlight his strategy.
So come on, who could be against this? We know we need to reduce our energy dependence, particularly that that comes out of the looney-filled Middle East, what with their dictators, insanity, 2000-year-old wars and terrorists.
Yet against it they will be, whoever they are.
The oil companies will most assuredly be against this because they're making ga-zillions from the oil in the Middle East and they like what's coming in so naturally, they'll give money--probably in the range of $2000.00 to $5000.00--to their Senators who will, in turn, then, say it's a crazy idea and imprudent and we should go another way.
Man, I hope we've learned we need to do this.
And if we haven't learned already, I hope we do shortly.
Link to original story: http://news.yahoo.com/s/nm/us_obama_energy