President Obama delivers his weekly address

Obama: US Using Less Foreign Oil

President Obama renews his call to 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. In his weekly address President Obama says: “Take a look at this chart. Six years ago, 60% of the oil we used was imported. Since I took office, America’s dependence on foreign oil has decreased every single year.

Obama Calls For More Alaskan Oil Drilling

In his weekly address, President Obama lays out his strategy to continue to expand responsible and safe domestic oil production, leveraging existing authorities as part of his long-term plan to reduce our reliance on foreign oil.

President Obama talks about ending oil market fraud

Obama: Stop Oil Market Fraud

This week, the Attorney General launched a task force dedicated to rooting out fraud or manipulations in the oil markets. The President called for finally ending the $4 billion in taxpayer money that the oil and gas companies receive annually.

President Obama On Clean Energy

Obama: Drill, But Develop Clean Energy Sources

“Drilling alone is not a real strategy to replace our dependence on foreign oil. And that’s because even though America uses 25 percent of the world’s oil, we currently have only about 2 percent of the world’s oil reserves. ” — President Obama