In his weekly address, President Obama spoke about the progress America has made in energy production since he took office. The President also highlights the fact that we are producing more energy now, while consuming less.
One area where we’ve made great progress is American energy. After years of talk about reducing our dependence on foreign oil, we are actually poised to control our own energy future.
Shortly after I took office, we invested in new American technologies to reverse our dependence on foreign oil and double our wind and solar power. And today, we generate more renewable energy than ever – with tens of thousands of good, American jobs to show for it. We produce more natural gas than anyone – and nearly everyone’s energy bill is lower because of it. And just this week, we learned that for the first time in nearly two decades, the United States of America now produces more of our own oil here at home than we buy from other countries.