Weekly Address: Taking Control of Our Energy Future

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In this week’s address, President Obama told the American people that three years after helping the auto industry save more than one million jobs, the American auto industry is back and creating cars that are even better than before. The entire industry has added more than 200,000 jobs in the past two and a half years, and thanks to the Administration’s new fuel efficiency standards, these companies are making cars that will save families money at the pump and help reduce our reliance on foreign oil. While this will help, there is no silver bullet for solving the problem of higher gas prices, and Americans understand that with only 2% of the world’s oil reserves, we cannot simply drill our way to lower gas prices. Under President Obama, our use of clean, renewable energy has nearly doubled, but we must also end the $4 billion in tax breaks that oil companies receive each year while collecting record profits. The President asks everyone to tell their elected officials to stop this corporate welfare and fight for a clean energy future that is within our reach.

http://www.whitehouse.gov/the-press-office/2012/03/03/weekly-address-taking-control-our-energy-future

[SunSeeker]

1. And Big Oil's loss of that tax break will not increase oil prices, which are set by the market. nt

[grahamhgreen]

2. Wow, a weekly adress that did not make me angry! K&R - Call your congressman!

[JDPriestly]

3. +1,000,000,000,000

Great news! Great plans!

I still disapprove of Obama's civil rights and surveillance policies -- utterly disapprove.

But the progress on energy independence is encouraging.