President Obama on U.S. Energy Independence

Last Updated:
Mon, 2013-05-13 10:06
Last Commented:
Thu, 2012-01-26 12:05
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During the State of the Union address Tuesday, President Obama outlined plans to create a nation that’s “built to last,” underlining many key energy policies that will assist in energy independence. One of the primary aspects of his speech involved decreasing investments on foreign oil, not only from a sustainability standpoint, but also in terms of increasing our national security. The increased tensions in the Middle East coupled with continued economic reliance on foreign oil has created a real threat to the stability of America’s energy needs.

Obama delivers his State of the Union addressAccording to President Obama, 2011 saw economic reliance on foreign oil diminish in the U.S. for the first time in nearly 16 years, pointing out that U.S. oil production is at its highest since the early 2000s. The first step in America’s energy independence, therefore, involves transitioning oil investment from the Middle East to the United States, as President Obama pledged “to open more than 75 percent of our potential offshore oil and gas resources.” Although he promised to increase domestic oil production, President Obama was quick to revert back to sustainability, stating “with only 2 percent of the world’s oil reserves, oil isn’t enough.” Instead, he outlined that “this country needs an all-out, all-of-the-above strategy that develops every available source of American energy.”

In preparing the United States for a more sustainable future, Obama emphasized the necessity for increased government support for up-and-coming industries in the U.S. to drive both independence and innovation. Using the analogy of natural gas investment, he outlined the fact that investments in solar and wind power take time to come to fruition and that he “will not walk away from the promise of clean energy.” To drive sustainability in the U.S., Obama highlighted that the debilitating subsidies given to oil companies should decrease in favor of companies investing in a sustainable future, stating “it’s time to end the taxpayer giveaways to an industry that rarely has been more profitable, and double-down on a clean energy industry that never has been more promising.” As America’s energy demands increase, the necessity for renewable resources doubly increases. What will our energy future look like? While it’s difficult to say, stronger investments in clean energy will ultimately drive sustainability forward.

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By Peter J. Bock

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