President Obama has a real strategy to take control of our energy future and finally reduce our dependence on foreign oil—an all-of-the-above approach to developing all our energy resources.
President Obama is doubling fuel efficiency standards, which will save consumers more than $8,000 at the pump, create jobs in the American automobile industry, and save 12 billion barrels of oil.
Under President Obama, the United States has become a world leader in natural gas, and production is at an all-time high. He is promoting the safe, responsible development of our near 100-year supply of natural gas, which could support more than 600,000 new jobs by the end of the decade.See the results.
Under President Obama, we are producing more oil than we have in 14 years. He is helping expand domestic oil production by offering millions of acres of land for development—including opening up 75% of our oil and gas resources in the Gulf and Arctic—and is improving safety measures to prevent future spills.See the results.
Since President Obama took office, electricity generated from clean energy sources like wind and solar has doubled and his investments in clean energy and energy efficiency have supported nearly a quarter million jobs.See the results.
President Obama has made one of the most significant federal investments in clean coal technology in history. The Obama administration has attracted more than $10 billion in private investments, and in 2011, employment in the coal sector hit its highest level since 1996.