All of the Above
President Obama's approach to energy independence
Increasing Domestic Oil Production & Reducing Our Dependence On Foreign Oil
American oil production is at an eight-year high, and we are less reliant on foreign oil than at any time in the last 16 years.
New fuel efficiency standards will nearly double the fuel economy of cars and light trucks to 54.5 mpg by 2025, reducing oil consumption by 2.2 million barrels a day.
Oil and petroleum imports are down an average of more than 1.5 million barrels per day and domestic crude oil production has increased by an average of more than 720,000 barrels per day since 2008. Domestic oil production has gone up every year under President Obama.
Increasing Natural Gas Production
Domestic production of natural gas has increased every year since President Obama took office, and is now at an all-time high.
The Obama Administration supports responsibly tapping our near 100-year supply of natural gas, which could support more than 600,000 jobs by the end of the decade.
Investing in Clean Coal
President Obama has set a 10-year goal to develop and deploy cost-effective clean coal technology.
The Recovery Act invested substantially in carbon capture and sequestration research, including 22 projects across four different areas of carbon capture-and-storage research and development.
Increasing the Use of Biofuels
The Obama Administration has promoted the use of cleaner fuels in our vehicles, increased the level of ethanol that can be blended into gasoline, and implemented a new Renewable Fuel Standard that will save nearly 14 billion gallons of petroleum-based gasoline in 2022.
President Obama has made an Administration-wide commitment to increasing biofuel research and development, including support for the construction of commercial-scale, next-generation bio-refineries.
Harnessing Wind Energy
Under President Obama, electricity generation from wind has more than doubled between 2008 and 2011.
The Obama Administration approved the nation's first-ever offshore wind project, and is supporting development of the world's largest wind farm in Oregon.
Expanding Solar Energy Production
Under President Obama, electricity generation from solar has more than doubled between 2008 and 2011.
The Obama Administration approved the construction of 16 utility-scale solar energy projects, including the first-ever on public lands. These projects, along with 13 other renewable projects the Obama Administration has approved on public lands, are expected to create nearly 12,500 new jobs, and will produce enough energy to power 1.3 million American homes.
Expanding Nuclear Energy
President Obama and his Administration are supporting the construction of the first new nuclear power plant in decades, which will provide clean electricity for nearly 1.4 million Americans.
Over the past three years, the Obama Administration has invested in grants at more than 70 universities for research and development of nuclear technologies to improve reactor design and safety.