President Talks Alternative Solutions to Oil

Obama encourages producing more oil at home and greater use of renewable fuels.

Published on: Mar 31, 2011

President Obama talked about energy at Georgetown University Wednesday.  The President said the United States of America cannot afford to bet our long-term prosperity and security on a resource that will eventually run out.  To prepare, the President said he is releasing his Administrations' Blueprint for A Secure Energy Future. The blueprint's goal is to cut by one-third U.S. imports of oil, now said to be 11 million barrels a day.

To permanently reduce dependence on oil, the President said we need to find and produce more oil at home. He is encouraging offshore oil exploration and production as long as it's safe and responsible. He is also pushing to reduce dependence on oil with cleaner alternative fuels and greater efficiency.

"There's no reason we shouldn't be using these renewable fuels throughout America," Obama said. "Renewable biofuels made from ethanol, switchgrass, wood chips, and biomass. Going forward, we should look for ways to reform biofuels incentives to make sure they meet today's challenges and save taxpayers money." 

The president is directing agencies of the federal government to purchase 100% alternative fuel, hybrid or electric vehicles by 2015. The President also said the country has to find cleaner, renewable sources of electricity.  Today, about two-fifths of our electricity comes from clean energy sources.